Tag: Adani group loss
Posted in Business
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…
Posted in Business
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…
Posted in Business
Adani Ports, Adani Enterprises’ stocks rebound. How group’s other firms traded
Four Adani Group companies’ shares, including Adani Enterprises and Adani Ports, recovered on Friday after taking a significant beating over the previous six days, with…
Posted in Business
Adani calls off share sale: What is an FPO? How is it different from IPO?
Adani Enterprises has decided not to proceed with its fully subscribed Follow-on Public Offer (FPO), the conglomerate said in a statement late on Wednesday, hours…