Adani Enterprises removed from NSE's short-term additional surveillance framework
Mar 08, 2023, at 05:15 am
Mumbai/IBNS: Adani Enterprises, the flagship company of the Adani conglomerate that deals with ports and power, has been taken off the National Stock Exchange's (NSE) short-term additional surveillance framework, media reports said on Monday.
Mar 07, 2023, at 08:19 pm
New Delhi: Australian High Commissioner to India Barry O'Farrell on Monday said that Adani group still remains a major investor in the country.
Mar 05, 2023, at 09:50 pm
New Delhi: Prominent lawyer Harish Salve has called for a detailed probe into US short-seller Hindenburg Research’s negative report on Adani Group that caused market turbulence last month as conglomerate's listed stocks lost billions of dollars in a short span.
Mar 05, 2023, at 07:31 pm
Former Australian PM Tony Abbott has rubbished the allegations of grave irregularities against Adani Group by US-based short seller Hindenburg Research and said it is "easy to make allegations, but just because something has been alleged, doesn't make it true."
Adani Group to hold fixed income road shows in US, Dubai, London: Report
Mar 04, 2023, at 01:13 am
Adani Group is set to conduct fixed-income road shows in various cities of the United States, Dubai, and London this month, Reuters reported.
'Truth will prevail': Gautam Adani welcomes SC's order in Hindenburg issue
Mar 02, 2023, at 10:49 pm
Mumbai/IBNS: Business tycoon Gautam Adani has welcomed the Supreme Court’s order to form a panel to probe the accusations of business malpractices by US short-seller Hindenburg Research on Adani Group companies.
Despite turmoil, Adani gets boost from S&P rating
Feb 27, 2023, at 07:24 pm
Mumbai/IBNS: American Credit Rating Agency S&P Global has affirmed its rating on trouble-laden Adani Group with a stable outlook, media reports said.
Adani Power cancels Rs 70.2 billion DB Power buyout in Chhattisgarh
Feb 25, 2023, at 05:28 am
Mumbai/IBNS: Adani Power has informed the stock exchanges that it has cancelled its proposal to purchase a coal plant project located in central India and that there has been no further development on this issue, news agency ANI reported.
Feb 22, 2023, at 07:00 am
Through a period of over a decade, sockpuppets added non-neutral content and removed warnings from information, creating a 'puffery' around tycoon Gautam Adani, his family and the port-to-airport group, Wikipedia has alleged, reported media.
Feb 17, 2023, at 04:29 am
Mumbai: Adani Group has dismissed reports that the conglomerate has hired accountancy firm Grant Thornton.
Adani Group hires top US law firm Watchell to take on Hindenburg Research
Feb 11, 2023, at 08:16 am
The Adani Group is likely to take US short-seller Hindenburg Research to court over its report accusing the Gautam Adani-led conglomerate of stock manipulation and accounting fraud. The company has hired one of Wall Street's legal powerhouses to take on Hindenburg Research, reported The Financial Times.
Moody's downgrades ratings of four Adani companies
Feb 11, 2023, at 06:35 am
Mumbai: Moody’s Investors Service on Friday downgraded the outlook on four out of the eight Adani Group companies from stable to negative, media reports said.
Feb 11, 2023, at 03:57 am
New Delhi: The Supreme Court has asked stock market regulator SEBI to respond by Monday on possible measures that can be taken to protect the interest of Indian investors in crisis situations such as the market crash triggered by US short-seller Hindenburg Research's report on Adani Group, media reports said.
Feb 09, 2023, at 08:49 pm
Mumbai/IBNS: Amid reports of a raid by the Himachal Pradesh State Excise Department on a unit of the Adani Group in Parwanoo late Wednesday, the firm said in a statement on Thursday that “the officials did not find any irregularities in the operations and dealings conducted by the company.”
Adani Group to prepay $500 million loan due next month: Report
Feb 09, 2023, at 06:26 am
The Adani Group is looking to prepay a $500 million loan due next month to a consortium of banks as the Gautam Adani-led conglomerate looks to bolster its finances following a short seller attack, Bloomberg reported.
Adani Power's Q3FY23 net profit dips 96 pc y-o-y to Rs 8.7 cr
Feb 09, 2023, at 05:17 am
Mumbai: Adani Power, a part of Adani Group, on Wednesday said its consolidated net profit dipped 96 percent year-on-year Rs 8.7 crore for Q3FY23.
TotalEnergies pauses participation in Adani Group's hydrogen project
Feb 09, 2023, at 04:18 am
French company Total Energies, the biggest investor in Adani group, Wednesday said it has put on hold participation in the conglomerate’s $50 billion hydrogen project until the results of an audit launched following US short-seller Hindenburg Research’s accusations, according to a report in the media.
Adani Green Energy reports Q3FY23 cash profit at Rs 546 cr
Feb 08, 2023, at 07:11 am
New Delhi/UNI: Adani Green Energy Ltd (AGEL) on Tuesday reported a cash profit of Rs 546 crore for the quarter ended December 31, 2022.
Adani Enterprises shares jump 25 pc after loan prepayment announcement
Feb 08, 2023, at 05:07 am
Mumbai/IBNS: Share prices of Adani Enterprises jumped as much as 25 percent on Tuesday after the firm announced to prepay more than $1 billion in loans, media reports said.
Exposure of domestic banks to Adani Group 'limited', says rating agency Moody's
Feb 08, 2023, at 04:38 am
Mumbai/IBNS: Rating agency Moody's Investor Services has said the Indian banks face “limited” risk due to a massive decline in the value of Adani, according to media reports.
Feb 05, 2023, at 02:56 am
Mumbai/IBNS: The Securities Exchange Board of India (SEBI) Saturday said it has observed "unusual price movement in stocks of a business conglomerate" in the past week and assured it is committed to ensuring market integrity.
FM Sitharaman says LIC, SBI exposure to Adani Group within permissible limits: Report
Feb 04, 2023, at 02:58 am
Mumbai: Finance Minister Nirmala Sitharaman Friday said the exposure of big lenders such as LIC and State Bank of India (SBI) to the crisis-hit Adani Group is well within the permissible limits as stated by these lenders, according to media reports.
Feb 02, 2023, at 11:14 pm
Mumbai/IBNS: Stock prices of listed companies Adani Group companies continued to slide on Thursday despite a statement by conglomerate’s chairman Gautam Adani to placate investors, reiterating that the group has an impeccable track record in servicing its debts.
Despite muted response from retail investors, Adani Enterprises says FPO on track
Jan 29, 2023, at 06:51 am
Mumbai: Adani Enterprises has maintained that its Rs 20,000 crore Follow on Public Offer (FPO) is well on track despite a muted response across investor categories amid a market rout in the group’s share.
After Hindenburg Research's negative report, Gautam Adani slips 4 positions on Forbes rich list
Jan 28, 2023, at 04:26 am
Mumbai: Amid a drop in the stock prices of the companies in Adani Group, its chairman Gautam Adani slipped from 3rd to 7th position on the list of the world’s richest people, as per Forbes Realtime Billionaires.
Hindenburg Research’s report impact: Adani Enterprises FPO receives muted response on day 1
Jan 28, 2023, at 03:48 am
Mumbai/IBNS: Adani Enterprises Ltd's follow-on public offer (FPO) received a bleak response across investor categories as the total issue was subscribed just 1% on Friday, data on the BSE website showed.
Adani Group to sue USA's Hindenburg Research for 'malafide, mischievous' report
Jan 27, 2023, at 12:59 am
Mumbai/IBNS: The Adani Group is planning to take US-based investment research firm Hindenburg Research to court for a "malafide and mischievous" report published before the Indian firm’s Rs 20,000 crore follow-on public offer (FPO) pulled down Adani Group stocks by up to 10% on Wednesday.
Adani Group says Hindenburg Research's negative report timed to damage Adani Enterprises FPO
Jan 26, 2023, at 06:14 am
Adani Group has slammed the negative report by American short-seller Hindenburg Research, alleging that it was timed with a mala fide intention to damage Adani Enterprises FPO.
Adani Enterprises raises Rs 6,000 cr from anchor investors ahead of FPO: Report
Jan 26, 2023, at 04:40 am
Mumbai: The follow-on share sale floated by Gautam Adani’s flagship, Adani Enterprises, generated considerable interest with major investors showing bidding to buy stock, media reports said.
Senior executives resign from NDTV after Adani takeover: Report
Jan 14, 2023, at 05:13 am
Mumbai: New Delhi Television (NDTV) said Friday that some more of its senior executives have resigned, Reuters reported.