Tag: adani group news

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad.(Reuters)
Posted in Business

Adani stocks fall up to 6% today. Here’s why

Aug 05, 2024 11:46 AM IST Adani Group Chairman Gautam Adani said that he plans to step down at 70 and shift control to his…

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Life Insurance Corp. of India (LIC) logo(HT file)
Posted in Business

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…

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Biollionaire Gautam Adani. (File)
Posted in Business

Adani halts ₹34,900 cr Mundra project amid Hindenburg row

Adani Group has suspended work on a ₹34,900 crore petrochemical project at Mundra in Gujarat as it focuses on resources to consolidate operations and address…

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Opposition party leaders on their march to the Enforcement Directorate's Delhi office to file a formal complaint asking for an investigation into the Gautam Adani-Hindenburg controversy (HT Photo)
Posted in Business

‘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…

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Adani group repays $500 million bridge loan to regain investor faith: Report
Posted in Business

Adani group repays $500 million bridge loan to regain investor faith: Report

The Adani Group has repaid a $500 million bridge loan due Thursday, according to people with knowledge of the matter, adding to a slew of…

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Adani Group pre-pays ₹73.74 billion worth share-backed financing
Posted in Business

Adani Group pre-pays ₹73.74 billion worth share-backed financing

Reuters | | Posted by Lingamgunta Nirmitha Rao Embattled Indian conglomerate Adani said on Tuesday it prepaid share-backed financing of 73.74 billion rupees ($901.16 million),…

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Adani Group secures $3 billion loan from sovereign wealth fund: Report
Posted in Business

Adani Group secures $3 billion loan from sovereign wealth fund: Report

India’s Adani Group has told creditors it has secured a $3 billion loan from a sovereign wealth fund, two sources with knowledge of the matter…

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India's Enron Moment? Adani slips from 3rd richest to 30
Posted in Business

India’s Enron Moment? Adani slips from 3rd richest to 30

Gautam Adani was the world’s third and Asia’s richest man a month back but a damning report by a US firm triggered a massive sell-off…

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US immigration: 2024 H-1B registrations will open on this date
Posted in Business

One month to Hindenburg report: Adani Group loses over 12 lakh crore market cap

Adani Group, whose stock exchange valuation outperformed Mukesh Ambani’s Reliance and Ratan Tata’s TCS, has lost over 12 lakh crore in a month since the…

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