Tag: adani hindenburg news
Adani founders to prepay loans worth $1.1 billion amid rout
Bloomberg | | Posted by Ritu Maria Johny Billionaire Gautam Adani and his family have prepaid $1.11 billion worth of borrowings backed by shares as…
Adani in talks to prepay loans on shares, denies trimming capex: Report
Reuters | | Posted by Ritu Maria Johny India’s Adani Group is in talks to prepay all loans backed by pledged shares, a spokesperson told…
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…
Why Hindenburg Research decided to short only Adani stocks listed outside India
Hindenburg Research’s decision to only go short on Adani Group securities outside India has highlighted the limitations of the practice in the nation and the…
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…
Axis Bank exposure to Adani Group ‘comfortable’, only 0.94% of its net advances
Reuters | | Posted by Singh Rahul Sunilkumar Axis Bank on Saturday said its exposure to Adani Group entities stood at 0.94% of its net…
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…
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 lost $108 billion in a week: ‘Headlines generating negative attention’
Gautam Adani, the multi-billionaire, is battling the worst crisis of his corporate life. Since the Hindenburg Research report on January 24, accusing the Adani Group…
NSE puts some Adani firms under ASM framework amid stock rout
India’s National Stock Exchange on Thursday placed Adani Enterprises, Adani Ports and Ambuja Cements under additional surveillance mechanism that will require 100% margin to trade…