Page 29 - Adani

Gautam Adani slips to 32nd in rich list, net worth shrinks to $37.7 billion

Indian billionaire Gautam Adani's net worth has shrunk to $37.7 billion, taking him to 32nd on the Bloomberg Billionaire Index

After $135-billion wipeout, Adani Group plans multi-pronged comeback

Besides a campaign to portray themselves as responsible borrowers with prepayments and on-time payments of debt, executives have also kicked off a series of meetings to pacify overseas bondholders

Most Adani Group dollar bonds exit distressed levels on debt promises

Among the gainers were Adani Electricity Mumbai's dollar 2031 notes, which rose 0.7 cent to 72 cents as of 1.07 pm in Hong Kong

Adani Group to consider privately placed bond offerings for 3 subsidiaries

If it moved ahead with any offering and was able to secure investors, it could be the first debt issuance for Adani since shortseller Hindenburg Research alleged fraud and stock manipulation

Adani crisis unlikely to spill over to other Indian conglomerates

Adani is an outlier, not representative of India Inc. as a whole," economists Abhishek Gupta, Scott Johnson and Tom Orlik said in their report Tuesday

Adani Enterprises Q3 results tomorrow: Know about its past performance here

Adani Enterprises has been in the spotlight since January 24 when the US-based short-seller Hindenburg Research released a report stating that its shares are overvalued

Founder Nate Anderson says Hindenburg has never been banned, seized

Nathan Anderson, the founder of Hindenburg Research whose damning report led to a USD 100 billion-plus rout in Adani Group shares, has said that his firm has never been banned, its bank account never seized and that it is not under any investigation. Since it published a scathing 100-plus-page report alleging that Adani pulled "the largest con in corporate history" on January 24, there have been comments on social media that Hindenburg had "three criminal inquiries" in the US and that it was banned by the Financial Industry Regulatory Authority (FINRA), its bank accounts frozen and it has been barred from publishing any report on firms listed on the New York Stock Exchange. Anderson, in a tweet, attached a news report "debunking" such "lies" and said Hindenburg was neither banned nor is under any investigation. "We are banned by FINRA (never); Had bank accounts seized (no); Can't publish on NYSE-listed co's (this isn't a thing); Are under investigation (no)," he said. Hindenburg, .

Sensex snaps 5-day winning run, dips 335pts; Vi jumps 20%, Adani Ports 8.5%

CLOSING BELL: Among sectors, the Nifty Metal index fell 2.2 per cent, followed by the Nifty IT index (down 0.6 per cent), and the Nifty Bank index (down 0.3 per cent)

Banking sector remains resilient amid Adani Group's stock rout, says RBI

SBI's Rs 27,000-crore loans to Adani backed by assets, cash flow, says chairman

Indian financial markets remain well-regulated: FM Nirmala Sitharaman

FM says banking system at comfortable level as bad loans hit new lows

Adani row: Opposition wants a probe while govt gets into defensive mode

Internally, opposition feels it might be better to focus on an SC-monitored probe, as given its majority in both houses, advantage in a JPC might rest with BJP

Rout wipes out more than half the value of Adani firms after Hindenburg rpt

More than $118 billion was erased from the market capitalization of his 10 stocks since US-based Hindenburg claimed last week that offshore shell entities were used to inflate revenues

Adani group companies market capitalisation erosion tops $100 billion

AEL pulled the plug on its fully-subscribed $2.4 billion (Rs 20,000-crore) follow-on public offering FPO

Hindenburg report: NSE puts three Adani firms under ASM framework

The move is to shield investors against risky and speculative trades

Adani vs Hindenburg: Opposition seeks JPC or SC-monitored probe

The Opposition parties tried to raise the issue in both Houses of Parliament but were disallowed by the chair

Ratings of Adani group entities under continuous surveillance: CRISIL

Corporate governance, decline in fundraising capability under scanner

Dubious distinction: AEL first to cancel share sale after full subscription

As per data provided by Prime Database, these 29 companies were targeting to raise a cumulative of Rs 11,000 crore

Rs 1,500 crore of Adani Enterprises short-term debt to mature by April 27

The fall was triggered by short seller Hindenburg Research's accusation against the group of accounting fraud and stock manipulation

Adani rebuttal to Hindenburg fails to stem concern, bond plunge quickens

Hindenburg said last week that it had taken a short position in Adani's companies through US-traded bonds and non-Indian-traded derivative instruments

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