Page 21 - Adani Enterprises
Answer on LIC, SBI's exposure to Adani stocks: K T Rama Rao to NDA Centre
The ruling BRS in Telangana on Saturday said the NDA government at the Centre needs to answer serious questions on LIC and SBI's large exposure to Adani Group stocks. Who "pushed" LIC and SBI to such a large exposure, the BRS claimed. "There are serious questions that need to be answered by the NDA Govt on #HindenburgReport. Why do LIC & SBI have such large exposure ?77,000 Cr & ?80,000 Crore to Adani group stocks? Who pushed them to do so? Who was aiding & abetting them in this entire episode?," tweeted State Municipal Administration Minister K T Rama Rao, son of Chief Minister K Chandrasekhar Rao. BRS MLC K Kavitha, daughter of Chandrasekhar Rao, in a statement, said the Centre should answer all the questions in the wake of the "fall and fluctuations in the LIC and SBI and market on the whole." The recent fall and fluctuations in the LIC, SBI and market on the whole, after the recent report on Adani Group is extremely worrisome. Every Indian deserves an explanation and .
 "Answer on LIC, SBI's exposure to Adani stocks: K T Rama Rao to NDA Centre")
No change in schedule, issue price of FPO, confident of success: Adani Ent
All our stakeholders including bankers and investors have full faith in the FPO, Adani Enterprise said in a statement
 "No change in schedule, issue price of FPO, confident of success: Adani Ent")
Bankers consider delay, price cut in Adani's $2.5 bn FPO after market rout
Seven listed companies of the conglomerate controlled by Gautam Adani have lost a combined $48 billion in market valuation since Hindenburg report came out
Hindenburg report on Adani group: Index provider MSCI invites feedback
Adverse feedback could lead to reduction in weightage of Adani stocks in MSCI indices
 "Hindenburg report on Adani group: Index provider MSCI invites feedback")
Exposure to Adani group well below limit, says State Bank of India
Lender says all exposures secured by cash generating assets, and debt service will not be a challenge
 "Exposure to Adani group well below limit, says State Bank of India")
As market capitalisation takes a beating, Adani group slips to No. 3
Total m-cap lowest since March 2022 after 2-day decline
Hindenburg flames again: Can Adani repeat what Dhirubhai did in the 80s?
The last time a bear attack was launched on a businessman gaining prominence rapidly was in the early 1980s when a cabal of brokers took on "an over-priced Reliance share", recalls T N Ninan
Rout in Adani group shares, banks drag Sensex 874 pts, Nifty ends at 17,600
Closing Bell: Adani Enterprises and Adani Ports were the leading Nifty losers, which ended 18 and 15 per cent lower, respectively. SBI, ICICI Bank, IndusInd Bank were next in line sinking up to 5%
 "Rout in Adani group shares, banks drag Sensex 874 pts, Nifty ends at 17,600")
What really worries Indians about Gautam Adani and his companies
If Adani's companies can deliver a fraction of what he has pledged, then perhaps, in time, they might even grow into the valuations they have already achieved on paper
 "What really worries Indians about Gautam Adani and his companies")
Adani Group stocks sink up to 20%; CLSA sees limited risk to banks
Shares of the group's flagship company Adani Enterprises tumbled 6.2 per cent, while those of Adani Green and Adani Total Gas declined 15.5 per cent and 19.6 per cent, respectively
 "Adani Group stocks sink up to 20%; CLSA sees limited risk to banks")
Adani Enterprises kicks off $2.45 bn share sale amid short-seller attack
Adani Group firms lost $11 billion in market capitalisation on Wednesday after New York-based Hindenburg Research flagged concerns in a report about debt levels and the use of tax havens
Stocks to Watch: Adani Group, Tata Motors, Dr.Reddy's, DLF, Airtel, IGL
Stocks to Watch: Adani Enterprises FPO and Earthstahl & Alloys IPO opens for subscription on Friday. Shares of Adani Group companies also likely to be in focus amid the Hindenburg controversy.
 "Stocks to Watch: Adani Group, Tata Motors, Dr.Reddy's, DLF, Airtel, IGL")
Hindenburg Research: All you need to know about US-based investment firm
Hindenburg Research: The name is based on the Hindenburg disaster of 1937, when a German passenger airship caught fire, killing 35 people
US-based Hindenburg Research accuses Adani Group of share rigging, fraud
Adani group questions report's timing, calls it malicious
 "US-based Hindenburg Research accuses Adani Group of share rigging, fraud")
Timing of Hindenburg report is curious; market reaction overdone: Analysts
The Hindenburg report comes on the heels of Adani Enterprises' (AEL) plans of Rs 20,000 crore follow-on public offer (FPO) announced a few days ago
 "Timing of Hindenburg report is curious; market reaction overdone: Analysts")
Adani Group says allegations made in Hindenburg report 'stale and baseless'
Hindenburg Research said that it was shorting Adani group's stocks and accused the firms of 'brazen' market manipulation and accounting fraud
Sensex rises 320 pts, Nifty ends atop 18100; IT index up 2%, YES Bk down 8%
Closing Bell: Sectorally, Nifty IT clocked around a 2 per cent gain, followed by nearly 1 per cent upmove in bank, auto, FMCG and pharma indices. Metals and realty were the only pockets to close lower
 "Sensex rises 320 pts, Nifty ends atop 18100; IT index up 2%, YES Bk down 8%")
Adani to unlock value in airports, data centres in future, says group CFO
AEL will be investing $70 billion in incubating new businesses and at the group level we will be investing close to $107 billion in the next decade, Singh says
 "Adani to unlock value in airports, data centres in future, says group CFO")
Mutual funds, FPIs show appetite for a slice of Adani FPO anchor pie
Bankers see excess demand in Rs 6,000-cr anchor book
Adani Enterprises shares stable: Will arbitrage strategies work?
Pricing at a discount but shorting the stock ahead of the FPO won't be as straightforward
 "Adani Enterprises shares stable: Will arbitrage strategies work?")