Adani Group crisis

A day after a media report claimed that Adani Group had not repaid its loans against promoter's shares, the company has come out with a statement. Rubbishing the assertions, Adani Group said the report was 'baseless' and 'deliberately…

The Life Insurance Corp. of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a bid to lower concentration of risk following criticism of its investment in Adani group companies.…

Several opposition parties - including the Congress, the DMK, the AAP and some Left parties - returned to Parliament Wednesday afternoon after an unsuccessful protest march to the Enforcement Directorate's Delhi office Wednesday to file a…

NEW DELHI: Embattled AdaniGroup on Sunday said it has repaid loans aggregating $2.65 billion to complete a prepayment programme ahead of the March 31 deadline to cut overall leverage in an attempt to win back investor trust post a damning…

Individual stock investors in India are keeping faith in the country’s $3.1 trillion equity market even after a punishing selloff in Adani Group shares threatened to drag down one of the world’s best-performing indexes since the…

In the aftermath of the release of the Hindenburg report, India's Adani group has reportedly halved its revenue growth target, according to a report by Bloomberg. Additionally, the company is looking to scale down fresh capital…

NEW DELHI: Finance minister Nirmala Sitharaman on Saturday said the new tax regime will benefit the middle classas it will leave more money in their hands.Talking to reporters after the customary post-Budget address to the central board of…

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 to address investor concerns over leverage.Eight of the group’s 10…

Bloomberg | | Posted by Ritu Maria Johny Shares of Adani Group’s flagship firm are overvalued on some metrics despite plunging more than 50% in the rout triggered by US short seller Hindenburg Research’s scathing report last month,…

The Adani Group, after pulling its ₹20,000 crore equity fundraising plan last week due to a stock rout set off by Hindenburg Research’s fraud allegations against the conglomerate, is planning to trim its capital spending plans, Mint…