{"id":620917,"date":"2023-12-04T11:05:36","date_gmt":"2023-12-04T05:35:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=620917"},"modified":"2023-12-04T11:05:36","modified_gmt":"2023-12-04T05:35:36","slug":"gautam-adanis-wealth-swells-by-5-6-billion-on-relief-rally","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gautam-adanis-wealth-swells-by-5-6-billion-on-relief-rally\/","title":{"rendered":"Gautam Adani\u2019s wealth swells by $5.6 billion on relief rally"},"content":{"rendered":"<p>A stocks rally in firms owned by Gautam Adani added $5.6 billion to his net worth last week after India\u2019s top court concluded hearings in a lawsuit where the markets regulator is probing wide-ranging allegations of corporate malfeasance against the conglomerate.<\/p>\n<p>The founder of the Adani Group, whose stocks were battered earlier this year after a bombshell shortseller report in January, now ranks 20th on the Bloomberg Billionaires Index with a $65.8 billion fortune.<\/p>\n<p>Most of this gain was on Tuesday \u2014 the first trading day last week after India\u2019s Supreme Court reserved its verdict on the probe saying it won\u2019t take scathing media reports on the conglomerate as the \u201cgospel truth.\u201d The final court ruling is awaited.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A stocks rally in firms owned by Gautam Adani added $5.6 billion to his net worth last week after India\u2019s top court concluded hearings in a lawsuit where the markets regulator is probing wide-ranging allegations of corporate malfeasance against the conglomerate. The founder of the Adani Group, whose stocks were battered earlier this year after a bombshell shortseller report in January, now ranks 20th on the Bloomberg Billionaires Index with a $65.8 billion fortune. Most of this gain was on Tuesday \u2014 the first trading day last week after India\u2019s Supreme Court reserved its verdict on the probe saying it [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-620917","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/620917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=620917"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/620917\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=620917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=620917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=620917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}