Adani FPO: The interest from retail individual investors has been low, with only 11 per cent quota subscribed
Adani is seeking to execute the landmark share sale just as it refutes allegations by Hindenburg that the Indian conglomerate used a web of companies in tax havens to inflate revenue and stock prices
India has successfully differentiated itself from other EMs, and even from China, through the transparency of its markets, quality of its markets regulator and its protections for minority investors
Stocks to Watch today: Stock exchanges BSE and NSE on Monday revised the circuit limits for three Adani group companies - Adani Total Gas, Adani Transmission, and Adani Green Energy - from 20% to 10%
IHC money to come in on final day; Maybank Securities has subscribed for shares worth Rs 2,040 crore as anchor, LIC has submitted bids worth Rs 300 crore
Bank reports 44.2% decline in Q3 net profit as NPA provisions, costs rise
Shares of Adani Green Energy and Adani Total Gas hit the 20 per cent lower circuit for a second day, closing at Rs 1,189 and Rs 2,342, respectively
Rating agencies seek exposure details from lenders; their exposure amounts to 38% of the group's total debt
Investor says it has 'confidence and belief in the fundamentals of Adani Enterprises'
IHC subscribed to 16 per cent of Adani Enterprises worth USD 2.5 billion FPO
Adani Ports and Special Economic Zone (Rs 658.45) and Ambuja Cements (Rs 419.25), too, were locked in their respective 10 per cent upper circuits
Stocks to watch today: In a 413-page document, Adani retaliated against the American short-seller, saying the document was a "malicious combination of selective misinformation and concealed facts"
It further said the report by Hindenburg Research is nothing but a lie
Group cos churning Rs 1,100 cr Ebitda a week
All our stakeholders including bankers and investors have full faith in the FPO, Adani Enterprise said in a statement
Gautam Adani, the school drop-out turned billionaire who rose to become Asia's richest man, faces possibly the biggest challenge of his career after a US short seller cast doubts on his business
Offer garners just 1% subscription on opening day, with bids worth just Rs 150 cr vs Rs 14,908 cr on offer
Lender says all exposures secured by cash generating assets, and debt service will not be a challenge
Total m-cap lowest since March 2022 after 2-day decline
Group says it is evaluating Big-6 firm to audit Adani Total Gas; Hindenburg, by its own admission, is stands to gain from a slide in Adani shares