Tag: adani hindenburg news
All you need to know about Watchell, law firm hired by Adani against Hindenburg
According to a report in the Financial Times, Adani Group has hired US law firm Watchell, as the Gautam Adani-founded conglomerate tries to fight back…
Adani firms to have lower MSCI weightings after free float review: Report
Reuters | | Posted by Ritu Maria Johny Index provider MSCI said it will cut the weightings of four Adani Group companies, including flagship firm…
LIC Chairman to meet Adani Group top management soon, says will seek explanation
PTI | | Posted by Singh Rahul Sunilkumar LIC chairman M R Kumar on Thursday said the officials of the public sector insurer will soon…
Adani to prepay $500 million loan to banking group amid Hindenburg row
Bloomberg | | Posted by Ritu Maria Johny The Adani Group plans to prepay a $500 million loan due next month to a group of…
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…
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…
Moody’s says bank exposure to Adani limited, to not affect credit quality
Moody’s Investor Service on Tuesday said banks’ exposures to Adani are not large enough to affect their credit quality materially. “While we estimate that the…
Adani Ports to repay ₹5,000 crore debt, to halve capital expenditure
Bloomberg | | Posted by Singh Rahul Sunilkumar Adani Ports & Special Economic Zone Ltd. will repay debt of around ₹5,000 crore, helping tycoon Gautam…
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…