Adani-Hindenburg Row: SEBI moves SC seeking direction for six more months to complete probe
New Delhi: Stock market regulator Securities and Exchange Board of India (SEBI) on Saturday sought more time to complete its probe into US short seller Hindenburg Reseach's allegations of “brazen stock manipulation” and an “accounting fraud scheme” against the Adani group.
Adani Group prepays Rs 73.74 billion share-backed financing: Report
Adani Group on Tuesday said that it has prepaid share-backed financing worth Rs 73.74 billion ($901.16 million) as part of its promoters’ commitment to cut down overall leverage backed by shares of the group's listed companies, Reuters reported.
Adani Enterprises removed from NSE's short-term additional surveillance framework
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.
'Truth will prevail': Gautam Adani welcomes SC's order in Hindenburg issue
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.
Adani Power cancels Rs 70.2 billion DB Power buyout in Chhattisgarh
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.
Mumbai: Adani Group has dismissed reports that the conglomerate has hired accountancy firm Grant Thornton.