Gautam Adani released a statement saying that there is no truth in the claims of Bloomberg. According to a Bloomberg article, Adani Group Chairman Mr. Gautam Adani is considering establishing a family office in either Dubai or New York.
In a media statement, Adani stated “There is no basis for this assertion. The Adani Family and Mr. Adani have no plans to establish a family office abroad, nor are they in discussions about doing so.”
It further stated “It is really regrettable that this unfounded Bloomberg article has led to a flurry of unnecessary and harmful media speculation.”