Amid intense scrutiny from short-sellers and regulators, Adani group stocks have seen a significant shift in their shareholder base: Relatively opaque foreign portfolio investors (FPIs) have given way to more recognisable investors and broad-based funds. The list of large public shareholders - those directly holding at least 1 per cent - is now dominated by entities, such as the state-owned Life Insurance Corporation (LIC), US-based GQG Partners, Abu Dhabi-based International Holding Company, and Qatar Investment Authority's INQ Holding.
The Kerala-born businessman is the latest in a slew of foreign buyers who have shaken off mounting fears of a 'Brexit' from the European Union
Images from the the T20 World Cup Super 12s match between Afghanistan and Namibia, in Abu Dhabi, on Sunday.
Here's what your favourite stars have been up to.
Pakistan has been regularly playing international cricket in the UAE for around a decade
Mumbai-based 19-year-old Indian golfer has donated all his prize money saved since the age of seven to fund the vaccination drive for the blue-collar staff of Chembur-based Bombay Presidency Golf club.
The Indian Grandmaster beat Evegeny Gleizerov in the ninth and final round in the Masters section of Abu Dhabi Chess Festival.
The off-spinner twisted his ankle during practice in Montego Bay (Jamaica) on Monday.
India retained the squad that played Pakistan for ODIs against the West Indies, starting May 18.
Mahendra Singh Dhoni replaced Australia captain Ricky Ponting as the top ODI batsman in the ICC rankings
Sri Lanka beat Pakistan by 115 runs in the third one-day international in Abu Dhabi on Tuesday to claim a consolation victory in a series they lost 2-1.
Former ICC president and Test captain Zaheer Abbas believes Pakistan will eventually revive international cricket in the country. "I do not want to predict a time frame of international teams touring Pakistan, but I do hope over the next 2-3 years we could see them playing back in Pakistan," Abbas said. "When I used to sit on international forums as ICC president I used to talk a lot about it (cricket in Pakistan), but people didn't want to come due to their security concerns."
The dashing all-rounder smashed 73 off 34 balls as Pakistan beat Sri Lanka by five wickets in the first of three ODIs in Abu Dhabi.
The West Indies cricketer has 14 days from September 21 to respond to the charges.
The airline also plans to introduce a third daily direct flight from Mumbai to Bangkok during the winter schedule.
Images from the T20 World Cup Super 12s match between India and Afghanistan, in Abhu Dhabi, on Wednesday.
Stadiums in the United Arab Emirates (UAE) will operate at 70% of capacity for the Twenty20 World Cup, the organisers said.
Virender Sehwag returned to form with a cavalier 73 as India won the second ODI and shared the DLF Cup series.
The left-arm paceman joined a select list of 10 Indian bowlers who have taken\n100 or more wickets in One-Day Internationals.\n
Zee had made a bid of US $219.15 million for five years, during which they will telecast India's overseas cricket series.
Pakistan's premier all-rounder Mohammad Hafeez has been cleared by the International Cricket Council to resume bowling in international matches after remedial works and retests on his remodeled action.
England bowling all-rounder Chris Woakes on Saturday opened up on India batting talisman Virat Kohli's unavailability in the Test series against England and said that "the fans will be disappointed".
Rajasthan Royals pacer Kartik Tyagi has said that he was just thinking about bowling six yorkers in the final over against Punjab Kings in an Indian Premier League (IPL) match.
Mumbai Indians' Australian recruit James Pattinson hailed teammate Jasprit Bumrah as the best T20 bowler in the world and said he is looking forward to playing alongside the India pace spearhead in the upcoming IPL.
Former India all-rounder Irfan Pathan could be one of the biggest attractions in the inaugural Lanka Premier League (LPL) as he is among the 70 foreign players who have expressed interest in competing in the event starting August 28.
The IPL has been held at only a few venues since the outbreak of COVID-19 in 2020
To sell five Boeing 777s, replacing these with cheaper aircraft
What made the tide turn in favour of the Adani group was the Covid-19 pandemic, which shut down airports the world over, including Mumbai. There was no cash flow and the firm started defaulting on salaries July onwards.
Qatar Investment Authority (QIA) will acquire around 1 per cent stake in Reliance Retail Ventures Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, by investing Rs 8,278 crore ($1 billion). A QIA's wholly-owned subsidiary will make the investment in India's largest retailer at a valuation of Rs 8.278 lakh crore ($100 billion). Updating about the development, Reliance Industries in a regulatory filing said: "QIA's investment will translate into a minority equity stake of 0.99 per cent in RRVL on a fully-diluted basis." RRVL is the holding company for all retail businesses of Reliance Industries Ltd (RIL).
Afghan spinner Rashid Khan returned to Lahore Qalandars, having exited the tournament in February to honour international commitments.
Mohammad Hafeez has become the latest off-spinner to be reported for a suspect bowling action, the International Cricket Council said on Thursday.
Pakistan's veteran batsman Younis Khan has announced his retirement from one-day international cricket, saying the first day-night game against England in Abu Dhabi will be his last match.
Embattled billionaire Gautam Adani on Thursday spoke publicly for the first time since his ports-to-energy conglomerate publicly battled a short seller's accusation of stock manipulation and accounting fraud, saying the abrupt move to withdraw a fully-subscribed share sale at his flagship firm was due to market volatility. His group continued to lose on the stock market, with the cumulative rout now nearing $108 billion in a week -- one of the biggest wipeouts in India's history. "After a fully subscribed follow-on public offering (of Adani Enterprises Ltd), yesterday's decision of its withdrawal would have surprised many.
Pakistan opening batsman Ahmed Shehzad has been fined half of his match fee for pushing Sri Lanka's Tillakaratne Dilshan in the shoulder during their 113-run victory in the third One-day International on Sunday.
This was the third title for the Indian duo -- they had clinched the Abu Dhabi Masters Super 100 and Nantes International Challenge this year.
The FFP regulations are designed to stop clubs running up big losses through spending on players. They also ensure sponsorship deals are based on their real market value and are genuine commercial agreements and not ways for owners to pump cash into a club to get around the rules.
