Tag: gautam adani
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 shares plummet over $80 billion as Hindenburg report woes continue
The crisis of confidence plaguing Gautam Adani is deepening, with the stock rout triggered by Hindenburg Research’s fraud allegations erasing a third of the market…
Adani loses Asia’s richest person title as stock routs after Hindenburg report
India’s Gautam Adani lost his title of Asia’s richest person on Wednesday as a rout in his conglomerate’s stocks deepened to $74 billion after a…
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…
‘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…
Adani says $2.5 billion FPO ‘on schedule’ amid Hindenburg row
A $2.5 billion share sale by India’s Adani Enterprises remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources…