Tag: gautam adani latest news
Gautam Adani’s little-known brother plays key role at embattled empire: Report
In August, as India’s Adani Group neared the completion of its $10.5 billion purchase of two cement businesses, the conglomerate and its banks put out…
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…
Adani Power cancels ₹70.2 bn Chhattisgarh-based coal plant acquisition
ANI | | Posted by Singh Rahul Sunilkumar Adani Power has clarified the stock exchanges that it has called off its plan to acquire a…
Adani-Hindenburg row: SC to hear pleas on ‘conspiracy that tarnished India’ | Latest News India
The Supreme Court will on Friday hear two public interest litigations (PILs) seeking a court-monitored probe into short-seller Hindenburg Research’s ‘conspiracy’ against the Adani Group….
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…
Amid Adani-Hindenburg controversy, RBI chief says Indian banking system is…
The Indian banking sector, including NBFCs (non-banking financial corporations), ‘continues to be resilient… strong’, Reserve Bank of India governor Shaktikanta Das said Wednesday, in an…
Eight Adani Group’s stocks extend gain as traders await earnings reports
Most Adani Group stocks rose, extending their rebound from the rout sparked by US short-seller Hindenburg Research’s report, as the indebted Indian conglomerate takes steps…
Moody’s says bank exposure to Adani limited, to not affect credit quality
Moody’s Investor Service on Tuesday said banks’ exposures to Adani are not large enough to affect their credit quality materially. “While we estimate that the…
Adani Ports to repay ₹5,000 crore debt, to halve capital expenditure
Bloomberg | | Posted by Singh Rahul Sunilkumar Adani Ports & Special Economic Zone Ltd. will repay debt of around ₹5,000 crore, helping tycoon Gautam…
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…