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The Latest Breaking News from Adani

Adani Group sells stakes worth Rs 15,446 crore to GQG Partners

NEW DELHI: The Adani Group has sold stakes worth Rs 15,446 crore to a leading US-based global equity investment boutique GQG Partners, the company said in an official release to the bourses on Thursday.

The Times of India

Hafta letters: Modi’s Rajya Sabha speech, Tipu’s rockets, Manisha’s sound effects

One of the biggest misdeeds of this government is encouraging or not acting on the lynchings that are happening more frequently. Everything else seems bearable, but this one is just hitting it hard, the number of families losing their loved ones for no reason. It's becoming impossible to follow the…

Newslaundry

Supreme Court rejects plea to gag media from reporting Adani-Hindenburg issue

The Supreme Court on Friday clarified that it will not issue any injunction against the media for reporting on the Hindenburg report against the Adani Group. Read further on Dynamite News:

Dynamite News

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Supreme Court refuses to gag media from reporting on Adani-Hindenburg issue

The Supreme Court today refused to gag the media from reporting on the Adani-Hindenburg issue, saying there was “no question” of doing so.

Newslaundry

Adani Group to invest $442 million in bankrupt Sri Lanka

NEW DELHI: Sri Lanka's Board of Investment has approved two wind power plants by Adani Green Energy with a total investment of $442 million.

The Times of India

Adani stock rout has room to run as charts show 85% call still valid

MUMBAI: The rout in Adani group shares has room to run based on charts that show key stocks in Gautam Adani’s empire may still extend declines to the 85% downside flagged by Hindenburg Research.

The Times of India

Adani group firm repays Rs 1,500 crore in comeback strategy

NEW DELHI: Adani group firm Adani Ports SEZ paid Rs 1,500 crore loan and promised to repay more as the embattled conglomerate mapped a comeback strategy after a sellout triggered by a damning report by US-based Hindenburg Research.

The Times of India

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Adani-Hindenburg row not to impact India story, says industry doyen K P Singh of DLF

NEW DELHI: The turmoil engulfing Gautam Adani's business empire following damning allegations by a US short seller, has not shaken the faith of global investors in India, real estate doyen K P Singh said rubbishing suggestions that banks would have lent to Adani group on instructions from higher-ups.

The Times of India

Hafta letters: NL interview problems, Adani coverage, Ravish job offer

Raman sir and Abhinandan, you asked if any country is capitalist/socialist? Well, socialism and capitalism are not mere labels that can be put on countries and then be defended or ridiculed. They are policy frameworks. A policy is as capitalist as it fits in that framework and the laws as…

Newslaundry

Most Adani dollar bonds rally out of distressed territory

MUMBAI: Most Adani group dollar bonds have climbed out of distressed territory after the company said it will address upcoming maturities, the latest boost to investor sentiment in recent days after an initial rout sparked by a US short-seller report.

The Times of India

MSCI defers decision on 2 Adani group firms' weightages in indices

NEW DELHI: Index provider MSCI Inc has postponed the implementation of reducing the weightages of two Adani group firms, Adani Total Gas and Adani Transmission, in its indices, citing potential impact from price limit mechanisms.

The Times of India

Watchdog won't probe fraud allegations against Adani

Australia's corporate regulator will not launch a formal investigation into alleged misconduct by the Adani Group due to the age of the accusations.

AAP

Retail investors keep faith in Indian market despite $129 billion rout in Gautam Adani stocks

MUMBAI: Individual stock investors in India are keeping faith in the country’s $3.1 trillion equity market even after a punishing selloff in Adani group shares threatened to drag down one of the world’s best-performing indexes since the pandemic.

The Times of India

Why not JPC in Hindenburg Adani row: Jairam Ramesh after Centre's reply in SC

Congress leader Jairam Ramesh on Monday took a swipe at the Centre over its reply in the Supreme Court regarding appointing a committee in connection with the Hindenburg's report on Adani Group, and questioned the government on why it was not agreeing to a joint parliamentary committee (JPC).

Dynamite News

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The Times of India

Adani vs Hindenburg saga: 10 things which have happened so far

NEW DELHI: Amid reports of cut in growth targets and capex, Adani Group on Monday said that its growth plans are intact, business plans are fully funded and it remains confident of delivering returns to shareholders.

Newslaundry

TV Newsance 201: Save Adani Campaign, brought to you by primetime stars on TV News

What do Mia Khalifa, Hindenburg and Greta Thunberg have in common? Is the opposition falling for a trap set up by anti-nationals to destroy the Indian economy? Is the Adani crisis over?

The Times of India

Hindenburg has never been banned, says founder Nate Anderson amid Adani row

NEW DELHI: Hindenburg Research founder Nathan Anderson on Friday said that his firm has never been banned, its bank account never seized and that it is not under any investigation.

The Times of India

SC seeks Sebi's response on petitions related to Hindenburg report on Adani Group by February 13

NEW DELHI: The Supreme Court on Friday sought the Securities and Exchange Board of India's (Sebi) response on 2 PILs accusing the market regulator of inaction in regulating the share markets in the face of Hindenburg report which resulted in crash of Adani group company share prices & massive loss…

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news in one place.

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The Times of India

Sensex, Nifty clock gains for 2nd day

MUMBAI: Rising for the second straight session, equity benchmark sensex climbed 142 points on Thursday following buying in IT and finance stocks amid a positive trend in global markets.

The Times of India

Adani group shares extend gain as traders await earnings reports

MUMBAI: Shares of most Adani group companies rosehttps://timesofindia.indiatimes.com/business/india-business/adani-ports-mulls-repaying-605-million-debt-to-calm-investors/articleshow/97714253.cms, extending their rebound from a selloff that has erased more than $100 billion from the Indian conglomerate’s market value.

The Times of India

Adani ports mulls repaying $605 million debt to calm investors

NEW DELHI: Gautam Adani’s ports unit is considering to repay about 50 billion rupees ($604.6 million) of loans, as the beleaguered Indian tycoon seeks to trim debt after a short seller attack put his empire’s financial health and corporate governance under scrutiny.

The Times of India

Adani Green Energy Q3 net profit more than doubles to Rs 103 crore

NEW DELHI: Adani Green Energy's consolidated net profit more than doubled to Rs 103 crore in the December quarter, mainly on the back of higher revenues.

The Times of India

Majority of Adani group firms end lower; group companies combined mcap dips by Rs 9.5 lakh crore

NEW DELHI: Shares of most of the Adani group firms ended lower on Monday, with the group companies' combined mcap witnessing a sharp fall of Rs 9.5 lakh crore after US-based short-seller Hindenburg Research's adverse report.

The Times of India

It’s tough to short Gautam Adani stocks listed in India. Here’s why

NEW DELHI: 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.

France 24

Apple reports sharp drop in quarterly sales

BUSINESS DAILY – Friday, 03.02.2023: We take a look at the reasons behind Apple's largest drop in sales since 2019. We also see how Adani stock dropped 35 percent before rallying. Meanwhile, tense negotiations are taking place between Pakistan and the IMF, with the nation's PM saying it has no…

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