Adani

Adani airports' duty-free shops to give more space to non-liquor items

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

Sensex crashes over 900pts intra-day: 5 factors behind Monday's market rout

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

Conglomerates, cronyism, brandless growth

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

Questions raised over Gautam Adani sibling Vinod's related party status

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

Vinod Adani part of promoter group of various listed firms: Adani Group

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

Adani group seeks to sell stake in Ambuja Cements for $450 million

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

Contract to Adani skill centre without tender, says Gujarat govt

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

Adani-Hindenburg case: Supreme Court sets up expert committee for probe

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

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