Tag: adani group crisis
LIC plans to limit investment exposure post Adani share rout: Report
The Life Insurance Corp. of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a…
‘Serious implications for our democracy…’: Oppn parties write to ED on Adani row | Latest News India
Several opposition parties – including the Congress, the DMK, the AAP, some Left parties, and Uddhav Thackeray’s Shiv Sena faction – have begun marching to…
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…
Eight Adani Group’s stocks extend gain as traders await earnings reports
Most Adani Group stocks rose, extending their rebound from the rout sparked by US short-seller Hindenburg Research’s report, as the indebted Indian conglomerate takes steps…
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…
Adani Group plans to trim its capital spending plans amid Hindenburg row: Report
The Adani Group, after pulling its ₹20,000 crore equity fundraising plan last week due to a stock rout set off by Hindenburg Research’s fraud allegations…
How Adani’s $58 billion wipeout in 6 days fares vs Bankman-Fried’s wealth loss
Nearly $58 billion has been wiped out from Gautam Adani’s fortune in six days, a steep nosedive that has few parallels in history. According to…
Inside the 19-hour Adani embroglio that led to scrapping of $2.5 billion FPO
A beaming Gautam Adani stood beside Israeli Prime Minister Benjamin Netanyahu on Tuesday, looking relaxed as hundreds of people gathered for the ceremonial signing at…
How Adani selloff stacks up against the biggest stock collapses
The magnitude of the plunge in stocks tied to billionaire Gautam Adani is rivaled by only a handful of short-seller campaigns in history. Chief among…
Adani Group credit outlook cut to negative from stable by S&P global ratings
Bloomberg | | Posted by Singh Rahul Sunilkumar The outlooks on Adani Group’s credit scores were slashed to negative by S&P Global Ratings as investors…