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3 mins read
Hindenburg fallout: Adani Group suspends work on Rs 34,900 cr petchem project
The group's flagship Adani Enterprises Ltd (AEL) had in 2021 incorporated a wholly-owned subsidiary…
PTI
4 mins read
Adani group sells stake in four companies to GQG Partners for ₹15,446 crore
The embattled Adani Group has sold minority stakes in four of its listed companies to US-based GQG …
PTI
2 mins read
Adani group’s refinancing needs are relatively low in near term: Jefferies
The Jefferies equity research report on the Adani group states that the conglomerate has a consolid…
3 mins read
Adani Enterprises’ ₹20,000 crore FPO opens on January 27, will fuel its green hydrogen ambitions, repay debt
Adani Enterprises plans to use part of the proceeds of its follow-on public offer (FPO) to fuel its…
4 mins read
Gautam Adani: Man of the year
Gautam Adani, India’s richest and the world’s third richest person, has been crowned ‘Asia’s busies…
6 mins read
Adani group stocks continue to plummet – lose ₹31,534 crore in market capitalisation on Monday
Adani group stocks continued to be under intense selling pressure on Monday. The group’s market cap…
6 mins read
Sell-off in Adani group shares resumes after George Soros’ comments
The sell-off in Adani group stocks resumed on Friday, a day after the group companies witnessed buy…
3 mins read
Adani’s stock rout can impact its ability to raise capital or refinance debt, says Moody’s
The rapid decline in the market capitalization of the Adani Group companies is likely to have an ad…
2 mins read
Gautam Adani takes over Haifa Port, to continue investing in Israel
Adani Group's chairman Gautam Adani, after taking over one of the largest international seaports of…
ANI
3 mins read
Markets fall for sixth straight session amid weak cues from Asian markets; metals lead sell-off
Investors were concerned that the US Federal Reserve might raise interest rates further to curb …
2 mins read
Sensex, Nifty50 to open lower tracking global markets on fears of rate hikes; Adani Group, HDFC, Ambuja Cements among stocks in focus
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Friday, tracking nega…
2 mins read
Adani Ports shows a record quarterly volume growth while the shares have already run up over 7% in last five days
The company reported Q1 FY22 net profit of Rs 1,342 crore as compared to Rs 758 crore in the yea…
3 mins read
CreditSights tones down its comments on Adani Group’s debt position after a meeting with the company
Earlier in August, CreditSights, a Fitch Group unit, came out with a report stating that the Adani …
5 mins read
Gautam Adani’s early lesson in diamond trading – a job that he left college for
A young Gautam Adani quit college to become a diamond trader, in spite of his academic competence. …
6 mins read
Adani group sheds ₹94,000 crore in value after a report says it’s ‘deeply over-leveraged’
A CreditSights report on the Adani Group that called it ‘deeply over-leveraged’ sent panic waves am…
3 mins read
Vedanta cuts debt by $2 billion ahead of target to soothe investor concerns
After repayments and borrowings, it has about USD 7.7 billion outstanding, of which USD 3 billi…
PTI
3 mins read
This is India’s decade and GDP is likely to cross $7.5 trillion by 2031, says Morgan Stanley
The strategy report titled ‘Why This is India’s Decade’ by Morgan Stanley says: “Our Next Indi…
2 mins read
Adani Transmission to become net-zero by 2050
Adani Transmission Ltd (ATL), India's largest private power distribution company and the transmissi…
3 mins read
Sensex drops 115 points in early trade tracking losses in RIL, Maruti, & Tata Motors
The Indian equity market was down in early trade on Thursday, with losses in index heavyweights Mar…
PTI
3 mins read
Budget strengthens fundamental pillars of inclusivity, sustainability: FICCI
The Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday said the Budget 202…