Sebi Probing Adani’s Links with Investors in Withdrawn of $2.5 Billion FPO
India’s markets watchdog is probing Adani Group’s links to some investors in the group’s $2.5 billion share sale, two people said, as New Delhi grows...
Tag : Adani Group
Adani Power Gets NCLT Approval to Merge Six Subsidiaries
On Thursday, the National Company Law Tribunal (NCLT) approved the merger of Adani Power Maharashtra, Adani Power Rajasthan, Udupi Power Corporation, Raipur Energen, Raigarh Energy...
Adani Group Shares Remain in MSCI Index After Quarterly Review
Stocks related to Adani Group were not removed from the MSCI Inc indexes. The Indian conglomerate continues to grapple with the fallout from a short-selling...
Adani Prepay $500 Million Loan to Banks
Adani Group plans to prepay a $500 million loan unpaid next month to a group of banks as the Indian multinational looks to strengthen its...
Adani Enterprises Shares Rebound More Than 100% in 3 Days
In Wednesday’s intraday trade, Adani Enterprises shares increased by 14% to Rs 2,049.60 on the BSE. It rose 102% from a low of Rs 1,017.10,...
Adani Prepays $1.11 Billion Loan, Releases Pledged Shares of 3 Companies
The promoters of the Adani Group prepaid the loan with shares in the three leading companies as collateral and released the pledged shares. The group...
Adani Ports Rises for Second Straight Day, Shares Up 26% from Monday’s Low
Shares of Adani Ports and Special Economic Zone (APSEZ) edged higher for a second day, with the BSE up 6% to Rs 529.35 in intraday...
Adani Group’s Bonds Rally as Billionaire Moves to Restore Confidence
Adani Group dollar bonds rallied on Friday after billionaire Gautam Adani is said to be in talks with creditors to prepay some loans to restore...
Adani Enterprises Shares Removed from Dow Jones Sustainability Indices
US markets have again hit Adani Group after coming under fire following fraud and stock manipulation allegations. The group’s flagship company, Adani Enterprises, will be...
Adani’s Market Losses Exceed $100 Billion as Shelved Share Sales Spook Investors
Shares in India’s Adani Group fell on Thursday after it abandoned a $2.5 billion share offering for its flagship company, widening the group’s market losses...