You Searched For "Indian conglomerate" and got 16 results
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1 min read
Beaten-up Adani stocks have now fallen below $100 billion in market value after coming under short-seller attack
Adani stocks have shed $136 billion in value, per Bloomberg, as the Indian conglomerate struggles t…
Zinya Salfiti
1 min read
Adani stocks have now wiped out over $100 billion in market value as botched share sale piles on trouble
India's Adani Group has lost more than $100 billion in market value as the company's stocks continu…
Zahra Tayeb
1 min read
Legendary investor Mark Mobius said he shunned embattled Adani's share sale over debt concerns but he's still bullish on India
The debt load at Indian conglomerate Adani Group 'sort of scared us away,' Mark Mobius told Bloombe…
Carla Mozée
1 min read
BlackRock has more than $100 million exposure to Adani's dollar debt, report says
Filings analysed by Bloomberg showed BlackRock was one of the biggest known holders of the embattle…
Ryan Hogg
1 min read
Adani Group says it's exploring 'remedial and punitive' legal action against a short-seller who accused it of market manipulation and fraud
Hindenburg's report sent shockwaves across the market, causing listed Adani Group companies to lose…
Huileng Tan
2 mins read
Adani cut its UK audit bill in half by dumping a Big 4 firm for a much smaller rival, filings show as scrutiny of its safeguards deepens
Corporate filings show Adani's UK-listed group dropped its audit bill from $309,000 to $172,000 by …
Ryan Hogg
2 mins read
It's been a very bad month for Indian billionaires four of the richest Indians have collectively lost about $45 billion in 2023
Adani — whose net worth is down $36.1 billion this year — and his fellow Indian billion…
Huileng Tan
3 mins read
Indian conglomerate Tata is in talks to buy out troubled carrier Jet Airways in a deal that could create one of the country's largest airlines
The second part of the deal, however, is where it gets tricky for Jet Airways. Goyal is…
1 min read
Adani market cap plunge deepens to nearly $72 billion even after the conglomerate issued a 413-page rebuttal to short-seller Hindenburg
The Adani Group said Hindenburg Research's report was a "calculated attack against India" to which …
Zahra Tayeb
1 min read
Adani says it will repay over $1 billion in debt ahead of schedule in a bid to halt stock-market rout
The Indian conglomerate is scrambling to halt a stock market rout that's wiped out over $110 billio…
George Glover
2 mins read
Asia's richest person doubles down on defence against fraud allegations ahead of a massive share sale
Adani Group issued an 18-page presentation responding to short-seller Hindenburg's allegations, tit…
Huileng Tan
2 mins read
Hindenburg says Adani has been 'systematically looting' India as the conglomerate accuses the short-seller of `conflict of interest'
Adani "has draped itself in the Indian flag while systematically looting the nation," the short-sel…
George Glover
2 mins read
India's stock regulator tried to calm jittery investors fleeing the stock market but even that's not helped Gautam Adani, whose companies' shares continue to take a beating
Shares of most Adani Group companies continue to fall sharply even after India's market regulator a…
Huileng Tan
2 mins read
Adani pulls through with $2.5 billion share sale amid a stock-market storm sparked by Hindenburg's fraud allegations
Indian billionaire and founder Gautam Adani successfully secured funding for more than 90% of the s…
Zinya Salfiti
3 mins read
India's stock market crisis isn't just the Adani Group's problem — it's a political issue for Prime Minister Modi too
On Monday, hundreds of Indian opposition party members demonstrated on the streets of New Delhi, de…
Huileng Tan
1 min read
Adani's billionaire founder is reportedly looking at governance changes following scathing short-seller report that sent the Indian conglomerate's stock plunging
Guatam Adani is considering oversight changes related to the private family companies that control …