Tag: adani
‘Important for me to confess…’: Adani to investors on FPO withdrawal
Indian billionaire Gautam Adani, whose fortunes took a rare hit following a scathing report by US short seller, on Thursday said his flagship firm Adani…
Explainer: Adani vs Hindenburg- All you need to know about the story so far
India’s Adani Group called off its $2.5 billion share sale late on Wednesday, in a dramatic reversal triggered by the ongoing meltdown of its company…
Gautam Adani, one of India’s most powerful men, suffers a rare defeat
India’s Gautam Adani, the school dropout who rose to become one of the world’s richest men, suffered a stunning defeat on Wednesday when his flagship…
Adani Enterprises calls off FPO, to return money to investors
Adani Enterprises has decided not to proceed with its fully subscribed Follow-on Public Offer (FPO), the conglomerate said in a statement late on Wednesday, hours…
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…