Tag: adani crisis
Adani Power subsidiary terminates MoU with Orient Cement
PTI | | Posted by Singh Rahul Sunilkumar Adani Power on Friday said its subsidiary APML and Orient Cement have decided to terminate a pact…
Adani Green to disclose refinancing plan after fiscal year ends: Report
Reuters | | Posted by Ritu Maria Johny Adani Green Energy has a refinancing plan which the Indian company will disclose after the fiscal year…
Did Adani stock rout, $130bn loss scare India’s small investors?
Individual stock investors in India are keeping faith in the country’s $3.1 trillion equity market even after a punishing selloff in Adani Group shares threatened…
Gautam Adani’s flagship firm reports quarterly profit amid Hindenburg row
Billionaire Gautam Adani’s flagship firm reported a quarterly profit on the back of improved revenues across businesses as it grapples with the fallout from a…
Adani Group tries to calm market amid share rout: ‘business plans fully funded’
The embattled Adani Group on Monday attempted to calm the market as a rout in its shares continued, saying its growth plans are intact, business…
Amid Adani-Hindenburg controversy, RBI chief says Indian banking system is…
The Indian banking sector, including NBFCs (non-banking financial corporations), ‘continues to be resilient… strong’, Reserve Bank of India governor Shaktikanta Das said Wednesday, in an…
Amid crisis, some Adani shares climb after group’s market losses hit $110 bln
Shares of some listed Adani group companies, including its flagship, rose in early trade on Tuesday while others fell further as the reverberations from a…
Adani Group still eligible for CEMBI, JACI, JESG indices: JP Morgan
India’s Adani Group, which has in recent weeks suffered a brutal share selloff following the release of a U.S. short-seller report, remains eligible for the…
Adani in talks to prepay loans on shares, denies trimming capex: Report
Reuters | | Posted by Ritu Maria Johny India’s Adani Group is in talks to prepay all loans backed by pledged shares, a spokesperson told…
Hindenburg row : NYU professor values Adani Enterprises stock at ₹945 per share
Bloomberg | | Posted by Ritu Maria Johny Shares of Adani Group’s flagship firm are overvalued on some metrics despite plunging more than 50% in…