Adani Enterprises raises ₹4,200 cr via QIP; here’s how the stock …
2 days ago · Fuelling Adani Ports’ Maritime Ambitions. In an exchange filing last evening, Adani Enterprises said that it completed the QIP of 1.42 crore equity shares worth ₹4,200 crore at an issue price of ₹2,962 apiece. The stocks were issued at a discount of 4.99% from the floor price of ₹3,117.475 per share. Quant Mutual Fund was the largest ...
SC revives Adani Power's Rs 27,000 cr bankruptcy resolution for …
5 days ago · Putting back on track the biggest bankruptcy resolution in the power sector involving Adani Power's Rs 27,000-crore for the 1,800-MW KSK Mahanadi project, the Supreme Court on Monday set aside the Telangana High Court’s order that deferred the insolvency proceedings against the debt-laden company before the National Company Law Appellate Tribunal. A Bench led by Chief Justice DY Chandrachud ...
Adani Delays Dollar Bond Sale as Investors Push Back on Deal (1)
4 days ago · Proceeds from the sale were to repay foreign-currency loans. Billionaire Gautam Adani ’s conglomerate opted to postpone a sale of 20-year green dollar bonds Tuesday after hours earlier marketing the deal to investors. Units of the group’s clean-energy business, Adani Green Energy Ltd., were offering the note and final price guidance was set ...
Swiss prosecutors freeze $310mn as part of Adani investigation
Sep 13, 2024 · Swiss prosecutors have frozen $310mn held at six Swiss banks by a person they suspect to be “a frontman” for Adani, the controversial Indian conglomerate fighting accusations of fraud.
Gautam Adani’s empire hit by fresh allegations against India ... - CNN
Aug 12, 2024 · Billionaire Gautam Adani has rejected new claims by Hindenburg Research that the Indian regulator investigating his business empire can't be trusted. Sumit Dayal/Bloomberg/Getty Images.
News and Stories - Adani Group
Aug 23, 2023 · Latest news and stories from the Adani group and companies.
Here's what happened with Adani — and what the fallout could be ... - NPR
Feb 10, 2023 · The Adani Group, one of India's largest conglomerates, has lost billions in market value after being accused of fraud. The company has denied everything.
Adani suspected of fraud by selling low-grade coal as high-value …
May 21, 2024 · Adani Group passed off low-quality coal as far more expensive cleaner fuel in transactions with an Indian state power utility, according to evidence seen by the Financial Times that throws new...
Adani: How the billionaire's empire lost $100bn in days - BBC
Feb 2, 2023 · Mr Adani himself has lost $48bn of his personal wealth, and is now 16th on the Forbes real-time billionaires list. How did this happen? Less than two weeks ago, Mr Adani was the world's third...
What's happening with Adani Group? Hindenburg's fraud claims ... - NBC News
Feb 2, 2023 · Indian business tycoon Gautam Adani has lost tens of billions of dollars and his title as Asia’s richest man after short-selling firm Hindenburg accused him of fraud.