Adani latest news

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 richest persons’ list after being caught in a short selling storm with Hindenburg research.…

Financing arrangements across the Adani Group conglomerate have sent a fresh chill through ESG markets as investors wake up to a new risk.Norway’s largest pension fund, KLP, recently dumped its entire holding of shares in Adani Green…

Bloomberg | | Posted by Ritu Maria Johny The Adani Group plans to prepay a $500 million loan due next month to a group of banks as the Indian conglomerate looks to bolster its finances following a short seller attack.Barclays Plc,…

Hindenburg Research’s decision to only go short on Adani Group securities outside India has highlighted the limitations of the practice in the nation and the peculiarities of the business empire itself.India’s authorities have imposed a…

Reuters | | Posted by Ritu Maria Johny India's Adani Group is in talks to prepay all loans backed by pledged shares, a spokesperson told Reuters on Monday, while denying media reports that said the conglomerate was planning to cut…

Finance minister Nirmala Sitharaman on Saturday said in the last two days amid the Adani crisis the foreign exchange reserve has gone up by eight billion. "FPOs come and get out. These fluctuations happen in every market. But the fact…

Watch | What is the Adani-Hindenburg saga all about? Findings of the investigation conducted by Hindenburg Research allege that Gautam Adani, founder and chairman of the group, has added over $100 billion to his net worth over the last…

The Ministry inspection process was initiated on February 2, 2023 under “Section 206” of India’s Companies Act. | Photo Credit: Reuters The Corporate Affairs Ministry has started a preliminary review of Adani Group's financial statements…

The Congress turned the heat on the government over the Adani row based on reports that former UK Prime Minister Boris Johnson's brother Lord Jo Johnson has resigned as a director of Elara Capital, a London-based firm linked to the…

Adani launched a hostile takeover of NDTV, first with an indirect acquisition of a 29.18% stake in the broadcaster followed by an offer to buy out a further 26% controlling stake Adani launched a hostile takeover of NDTV, first with an…