Tag: hindenburg research
Adani founders to prepay loans worth $1.1 billion amid rout
Bloomberg | | Posted by Ritu Maria Johny Billionaire Gautam Adani and his family have prepaid $1.11 billion worth of borrowings backed by shares as…
Hindenburg row : NYU professor values Adani Enterprises stock at ₹945 per share
Bloomberg | | Posted by Ritu Maria Johny Shares of Adani Group’s flagship firm are overvalued on some metrics despite plunging more than 50% in…
How Adani’s $58 billion wipeout in 6 days fares vs Bankman-Fried’s wealth loss
Nearly $58 billion has been wiped out from Gautam Adani’s fortune in six days, a steep nosedive that has few parallels in history. According to…
Inside the 19-hour Adani embroglio that led to scrapping of $2.5 billion FPO
A beaming Gautam Adani stood beside Israeli Prime Minister Benjamin Netanyahu on Tuesday, looking relaxed as hundreds of people gathered for the ceremonial signing at…
Adani Group credit outlook cut to negative from stable by S&P global ratings
Bloomberg | | Posted by Singh Rahul Sunilkumar The outlooks on Adani Group’s credit scores were slashed to negative by S&P Global Ratings as investors…
Adani Ports, Adani Enterprises’ stocks rebound. How group’s other firms traded
Four Adani Group companies’ shares, including Adani Enterprises and Adani Ports, recovered on Friday after taking a significant beating over the previous six days, with…
‘Banks stable’: RBI amid concerns of exposure to Adani rout
Amid heightened uncertainties regarding Adani Group in the aftermath of a jarring Hindenburg report, the Reserve Bank of India on Thursday dismissed concerns about the…
Adani calls off share sale: What is an FPO? How is it different from IPO?
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…
$2.5 billion share sale cancelled; Adani Enterprises tumble over 28%
Under-fire Indian tycoon Gautam Adani insisted Thursday that the fundamentals of his conglomerate were “strong” even as shares in its companies plunged again after the…
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…