Tag: adani group

Adani Group likely to repay over $600 million worth of short-term debts: Report
Posted in Business

Adani Group likely to repay over $600 million worth of short-term debts: Report

Two large companies within India’s embattled Adani Group are likely to repay their short-term commercial paper (CP) debt as they come due over the next…

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US firm to run independent audit of Adani companies after Hindenburg offshoot
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US firm to run independent audit of Adani companies after Hindenburg offshoot

India’s Adani Group has appointed accountancy firm Grant Thornton for independent audits of some of its companies in a bid to discredit claims by short-seller…

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Adani Group tries to calm market amid share rout: 'business plans fully funded'
Posted in Business

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…

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Gautam Adani skips Global Investors' Summit in Lucknow
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Gautam Adani skips Global Investors’ Summit in Lucknow

Top Indian industry leaders Friday pledged billions of dollars in infrastructure and business development in the country’s most populous state even as billionaire Gautam Adani…

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‘Mutual decision’: Defence firm Saab on parting ways with Adani Group
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‘Mutual decision’: Defence firm Saab on parting ways with Adani Group

With Saab and Adani Group having decided not to go ahead with the agreement for manufacturing Gripen E fighter in India, Mats Palmberg, India Head…

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MSCI review puts Adani shares back in the red
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MSCI review puts Adani shares back in the red

AFP | | Posted by Shobhit Gupta Global stock index compiler MSCI said it was reviewing the status of equities in India’s Adani Group on…

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Adani-Hindenburg row: SC to hear pleas on 'conspiracy that tarnished India' | Latest News India
Posted in Business

Adani-Hindenburg row: SC to hear pleas on ‘conspiracy that tarnished India’ | Latest News India

The Supreme Court will on Friday hear two public interest litigations (PILs) seeking a court-monitored probe into short-seller Hindenburg Research’s ‘conspiracy’ against the Adani Group….

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Adani flagship stock jumps 25%; $6bn recovered after prepayment of loans
Posted in Business

Adani flagship stock jumps 25%; $6bn recovered after prepayment of loans

Adani Enterprises Ltd. surged, leading gains in the group’s stocks after the conglomerate’s founders pre-paid some debt and traders covered short positions. The flagship’s stock…

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Adani Group still eligible for CEMBI, JACI, JESG indices: JP Morgan
Posted in Business

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…

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Adani Group share clues can be seen in surging options market | Check the chart
Posted in Business

Adani Group share clues can be seen in surging options market | Check the chart

The meltdown in the Adani Group shares since Hindenburg Research’s short-selling report is spurring a flurry of bets through option markets that can give traders…

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