New Delhi. There was a big jump in the net worth of Adani Group Chairman Gautam Adani on Friday. According to the Bloomberg Billionaires Index, his wealth has increased by $ 8.64 billion (about Rs 73,059 crore) in a single day. With this, the total net worth of Gautam Adani has now reached $75.5 billion. This places him as the 20th richest person in the world and the second richest person in India.
The picture changed rapidly in shares.
Due to the news of US indictment, there was a huge fall in the shares of Adani Group. However, in the last three sessions, the group’s shares have seen a tremendous rise, due to which the impact of these news has almost vanished.
CRISIL Ratings calls Adani Group strong
Rating agency CRISIL has backed Adani Group, saying the group has adequate liquidity and cash flows to meet its financial obligations and capital expenditure. CRISIL also noted that the group has scope to reduce its dependence on external debt, as its cash flows are strong.
Adani stocks surge as big investors repose faith on the Gautam Adani-led group
Adani Green shares rally over 40% in 3 days; shares of all 11 listed Adani Group firms also rally on Friday@mollygambhir tells you more pic.twitter.com/rQZgbMZZQJ
— WION (@WIONews) November 29, 2024
CFO rejects bribery allegations
Adani Group Chief Financial Officer (CFO) Jugeshinder Singh has termed the allegations of giving bribes to get contracts as completely wrong. He clarified that he would definitely have been aware of the payment of any such huge amount. Jugeshinder Singh called it a case of “unique use of prosecution power”.
American indictment has no effect now
Charges were filed against Gautam Adani and his nephew Sagar Adani in the US. However, according to CRISIL, the group’s investors and lenders have not taken any negative steps even after this case.
