Tag: adani latest news
Adani-owned Ambuja Cements buys majority stake in Sanghi Industries for ₹50 bn
India’s Ambuja Cements said on Thursday it has bought a 56.74% stake in smaller rival Sanghi Industries at an enterprise value of 50 billion rupees…
‘Enough money’: Adani Group reassures investors at Singapore roadshow
Bloomberg | | Posted by Ritu Maria Johny Adani Group executives emphasized the company’s ability to honor its obligations in coming years and generate cash,…
Adani Ports crosses 300 MMT cargo handling in 329 days
PTI | | Posted by Ritu Maria Johny Adani Ports and Special Economic Zone (APSEZ) crossed 300 million metric tonne (MMT) of cargo handling on…
Hindenburg effect: Gautam Adani no longer among world’s 25 richest billionaires
Billionaire Gautam Adani’s free fall doesn’t seem to be ending anytime soon as the once Asia’s richest man no longer figures among the world’s 25…
Why ESG markets’ investors are concerned over Adani Group financing
Financing arrangements across the Adani Group conglomerate have sent a fresh chill through ESG markets as investors wake up to a new risk. Norway’s largest…
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…
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…
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…
FPOs come and get out: Sitharaman on Adani row; ‘Perception about India intact’
Finance minister Nirmala Sitharaman on Saturday said in the last two days amid the Adani crisis the foreign exchange reserve has gone up by eight…
Boris Johonson’s brother quits Adani-linked firm; Cong says ‘not a squeak’ here
The Congress turned the heat on the government over the Adani row based on reports that former UK Prime Minister Boris Johnshon’s brother Lord Jo…