Tag: adani news

People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Posted in Business

Stock market recovers: Sensex and Nifty in green, most Adani stocks extend fall

The stock market recovered from the steep downturn it saw after the US Securities and Exchange Commission (SEC) announced it was pressing charges against Adani…

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Indian billionaire Gautam Adani. (Reuters)
Posted in Business

Adani Ports end FY23 on high with 9% jump in cargo volume

Billionaire Gautam Adani’s Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday reported 9 per cent growth in cargo handling at seaports it operates…

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Adani rout puts spotlight back on Mauritius as it aims to shed ‘tax haven’ image
Posted in Business

Adani rout puts spotlight back on Mauritius as it aims to shed ‘tax haven’ image

The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller…

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NSE, BSE remove Adani Enterprises from short-term additional surveillance
Posted in Business

NSE, BSE remove Adani Enterprises from short-term additional surveillance

The National Stock Exchange (NSE) and BSE on Monday announced that Adani Enterprises will move out from the short-term additional surveillance measure (ASM) framework. The…

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Zuckerberg's Meta gearing up for more layoffs? This report suggests so
Posted in Business

Who is Rajiv Jain, the man behind ₹15,446 cr Adani stake sale to GQG Partners

The Adani Group on Thursday raised ₹15,446 crore after selling shares in four of its listed companies to GQG partners, a US boutique investment firm….

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Adani sells $1.87 billion worth stake in 4 group companies to GQG Partners
Posted in Business

Adani sells $1.87 billion worth stake in 4 group companies to GQG Partners

U.S. boutique investment firm GQG Partners Inc has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the…

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Adani Group rebuffs report of $400 million fundraise against Australian assets
Posted in Business

Adani Group rebuffs report of $400 million fundraise against Australian assets

Reuters | | Posted by Ritu Maria Johny India’s Adani Group on Monday denied a media report that said the conglomerate was in talks with…

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'Enough money': Adani Group reassures investors at Singapore roadshow
Posted in Business

‘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,…

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Adani in talks for $400 million debt against Australian coal port assets: Report
Posted in Business

Adani in talks for $400 million debt against Australian coal port assets: Report

Reuters | | Posted by Ritu Maria Johny India’s Adani Group is in talks with global credit funds to raise up to $400 million in…

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Not only Adani, this Indian tycoon too in trouble: Report
Posted in Business

Not only Adani, this Indian tycoon too in trouble: Report

Highly leveraged Indian tycoons are having a rough time. Gautam Adani’s $236 billion infrastructure empire has shrunk by more than three-fifths in a month. But…

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