Adani Group

Shares of Indian billionaire Gautam Adani’s group will be in focus Monday after boards of two companies, including the flagship, approved proposals to raise as much as $2.6 billion. Adani Enterprises Ltd., the incubator for new group…
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Following the SEBI’s request to the Supreme Court for a 6-month extension to complete its investigation into the Hidenburg allegations levelled against the Adani Group, the Gautam Adani-led conglomerate responded that it is fully…
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Embattled Indian conglomerate Adani said on Tuesday it prepaid share-backed financing of 73.74 billion rupees ($901.16 million), as part of its promoters’ commitment to cut overall leverage backed by shares of the Group’s listed companies.…
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U.S. boutique investment firm GQG Partners Inc has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller’s critical report sparked a stock rout.…
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India’s Adani Group is in talks with global credit funds to raise up to $400 million in debt against a key Australian coal port assets that make up a large portion of its exports of the fossil fuel from Carmichael mine, the Economic Times…
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Signs are fast emerging that investors in Indian stocks are moving beyond the Adani Group’s woes. Local money managers are bullish on the outlook for the year ahead and overseas funds are starting to trickle back into the $3.1 trillion…
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Adani group said on Tuesday that its companies face no material refinancing risk, or near-term liquidity issues, in its latest attempt to calm investors spooked by a U.S. short-seller’s critical report on its business practices. Led by…
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The Adani Group, after pulling its ₹20,000 crore equity fundraising plan last week due to a stock rout set off by Hindenburg Research’s fraud allegations against the conglomerate, is planning to trim its capital spending plans, Mint…
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A beaming Gautam Adani stood beside Israeli Prime Minister Benjamin Netanyahu on Tuesday, looking relaxed as hundreds of people gathered for the ceremonial signing at the Haifa Port, which the Indian billionaire is co-developing. The…
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Indian billionaire Gautam Adani, whose fortunes took a rare hit following a scathing report by US short seller, on Thursday said his flagship firm Adani Enterprises withdrew its $2.5 billion share sale to insulate investors from potential…
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