Adani

Liquor ++ strategy for extracting maximum revenue from duty-free shops at seven airports run by the group

Analysts attribute fallout in domestic equities due to investors' fear of a domino effect after the collapse of big financial institutions in the US, and Europe

It's good that cronyism is being debated robustly. But the much bigger failure of incredibly powerful, rich and successful conglomerates - Adani, Ambani, Tata- lies in India's fully brand-free growth

Issue stems from multiple disclosures made by the group; Promoter group entities are typically considered related parties

This comes after questions were raised about his status following short-seller Hindenburg Research naming him prominently in its January report

Adani on Thursday made a formal request to international lenders to sell 4 per cent to 5 per cent in Ambuja Cements, his cement business, the report said

The Bharatiya Janata Party government in Gujarat on Thursday told the state Assembly there was no tendering process to award a contract for the 'Adani Skill Development, Ahmedabad' facility meant to impart training to Scheduled Caste youths. Responding to query from Aam Aadmi Party (AAP) MLA Hemant Ahir during Question Hour, state Social Justice and Empowerment Minister Bhanuben Babariya said the Director of Scheduled Caste Welfare had signed a contract with the entity to train SC youths in March 2019 and issued a work order in August 2019. As per the contract, the state government would pay Rs 13.98 crore to Adani Skill Development to train these youths, of which Rs 7.87 lakh had been paid in the last two years, as per the minister's written reply. In reply to a sub-question on whether a tender process was followed, Babariya replied in the negative, adding further not a single SC youth was imparted training in 2021 and 2022 by the entity. As per the official website, 'Adani Skill

The committee consists of OP Bhat, JP Devdatt, Nandan Nilakeni, KV Kamath, and Somasekharan Sundaresan as the members. Former SC judge AM Sapre will lead the panel

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

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

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

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 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 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

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, .

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)

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

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

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

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