Tag: adani
Adani Enterprises calls off FPO, to return money to investors
India’s Adani Enterprises has called off its $2.5 billion share sale due to prevailing market conditions, the company said on Wednesday, days after a rout…
Adani’s crucial share sale 85% subscribed as institutions pump in funds: Report
Indian billionaire Gautam Adani’s $2.5 billion share sale inched closer to full subscription on Tuesday as investors pumped in funds after a tumultuous week for…
Adani stock rout: India slides to 6th among world’s top markets
Bloomberg | | Posted by Ritu Maria Johny A rout in shares of Adani conglomerate has cost India its spot among the world’s five biggest…
Shares set to rise amid Adani Group’s share sale, ahead of Budget 2023
Indian shares are set to open higher on Tuesday, the final day of Adani Enterprises’ mega secondary share sale and a day ahead of the…
LIC says it will talk to Adani over short seller allegation: Report
Reuters | | Posted by Ritu Maria Johny India’s Life Insurance Corporation (LIC) on Monday said it will talk to management of Adani Group within…
‘Adani seems unaware that…’: Hindenburg swipes at ‘Madoffs of Manhattan’ charge
Hitting back at Adani Group for claiming that the fraud allegation by the US short seller in its 100-page report was a “calculated attack on…
Most Adani stocks drop as rebuttal draws Hindenburg response
Most of Adani Group’s companies extended a $51 billion stock selloff, an indication that the billionaire’s rebuttal of fraud allegations from American short seller Hindenburg…
‘Fraud cannot be obfuscated by nationalism’: Hindenburg’s response to Adani
Fraud cannot be obfuscated by nationalism or a bloated response that ignores every key allegation we raised, Hindenburg Research said on Monday hours after Gautam…