State Bank of India, the country's largest lender, said on Friday any further financing to projects of the embattled Adani Group would be "evaluated on its own merit"
Total has a 37.4% stake in Adani Total Gas (ATGL) and a 19.75% stake in Adani Green Energy (AGEL), according to its statement on Friday
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 Enterprises to review capital raising plans once shares stabilise
Hindenburg Research on January 24 accused the Adani group of using offshore shells for money laundering and fraud
What's next for the Adani group? How will the Adani-Hindenburg saga unfold? Can Budget ease Adani-inflicted pain on Dalal Street? Five Budget terms you should know about. All answers here
The move is to shield investors against risky and speculative trades
Typically, investors who want to bet that the company's stock will fall borrow shares in the market and sell them, hoping to buy them back at a lower price, in a practice called short selling
The domestic currency closed at 82.18 per US dollar as against 81.93 per dollar on Wednesday
As per data provided by Prime Database, these 29 companies were targeting to raise a cumulative of Rs 11,000 crore
The fall was triggered by short seller Hindenburg Research's accusation against the group of accounting fraud and stock manipulation
Lord Jo Johnson, younger brother of former British prime minister Boris Johnson, has resigned his non-executive directorship of a UK-based investment firm linked with the now-withdrawn Adani Enterprises Follow-on Public Offer (FPO). 'The Financial Times' newspaper referenced UK Companies House records to reveal that 51-year-old Lord Johnson had been appointed as a director of London-based Elara Capital Plc in June last year and resigned on Wednesday, the day when the Adani Group announced the withdrawal of the FPO. Elara, which described itself as a capital markets business raising funds for Indian corporates, was among the bookrunners on the FPO. Johnson insisted he has been assured of the company's "good standing" and has stepped down due to his own lack of "domain expertise". "I joined the board of Elara Capital, an India-focused investment firm based in London, as an independent non-executive director last June in the hope of making a contribution to UK-India trade and investmen
When a stock is included in the ASM list, it serves as a warning to the investors about unusual activity in the stock
The oppn leaders demanded a discussion on the Hindenburg report against Adani Enterprises while also seeking the constitution of a Joint Parliamentary Committee (JPC) into the alleged aberrations
Given the unprecedented situation and the current market volatility, Adani Enterprises has cancelled its Rs 20,000 crore follow-on-offer (FPO)
Stocks to watch today: The Board of Adani Enterprises (AEL) has announced that it will not go-ahead with the fully subscribed Follow-on Public Offer (FPO)
Given the extraordinary circumstances, AEL's board felt that going ahead with the issue will not be morally correct
Nifty fall over 2% from day's high to end in red
A Bloomberg report said that Credit Suisse Group AG has stopped accepting bonds of Gautam Adani's group of companies as collateral for margin loans
It is typical of markets to rally ahead of the budget proposals and see some profit taking once the measures are announced. This time, however, the Adani group stocks played spoilsport