Page 18 - Adani Group
Adani hires Grant Thornton for audits after Hindenburg fallout: Report
The appointment marks the first major effort by Adani Group to defend itself in the wake of a Jan. 24 report by Hindenburg that accused it of improper use of offshore tax havens and stock manipulation
 "Adani hires Grant Thornton for audits after Hindenburg fallout: Report")
5 PSU insurers have Rs 347-crore exposure to Adani firms: FinMin
Earlier this month, Finance Secretary TV Somanathan had termed the Adani issue a 'storm in a teacup'
 "5 PSU insurers have Rs 347-crore exposure to Adani firms: FinMin")
No major impact on market warranting review of regulations: Sebi to SC
Sebi told the Supreme Court that the shares of Adani Group have seen significant decline in prices on account of selling pressure, and the wider Indian market has shown full resilience
 "No major impact on market warranting review of regulations: Sebi to SC")
Sebi probing Hindenburg Research allegations against Adani Group
SC hearing: Govt agrees to form expert panel to strengthen regulatory regime
 "Sebi probing Hindenburg Research allegations against Adani Group")
Rupee to end FY23 stronger after recent volatility: Business Standard Poll
Amid Adani crisis, uncertain US rate view, improving fundamentals to buttress rupee
 "Rupee to end FY23 stronger after recent volatility: Business Standard Poll")
Hindenburg row: Adani group reassures investors as stocks plunge further
Says business plans "fully funded" after reports about revenue target cut and capex halt
 "Hindenburg row: Adani group reassures investors as stocks plunge further")
What Hindenburg has got wrong
It is hard to agree with Hindenburg's broad-brush rationale for dissing corporate India. If anything, over the past few years, corporate governance standards in the country have strengthened
Adani-Hindenburg tussle: Centre agrees to SC proposal to appoint committee
Since the release of the US short-seller report on Adani Group, its seven listed stocks have lost about $120 billion in market value since January 24
 "Adani-Hindenburg tussle: Centre agrees to SC proposal to appoint committee")
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
 "Adani Enterprises Q3 results tomorrow: Know about its past performance here")
Sensex slips 251 pts ahead of inflation data; SBI, IT shares fall
CLOSING BELL: The NSE Nifty 50 ended 86 points lower; Broader indices log deeper cuts. Adani Group shares fall again.
 "Sensex slips 251 pts ahead of inflation data; SBI, IT shares fall")
Sebi to update FM Nirmala Sitharaman on Adani Group probe this week
India's market regulator will provide an update on its investigations into the Adani Group's withdrawn follow-on public issue this week, two sources familiar with the matter said on Monday.
DBS says not concerned about exposure to Adani group amid Hindenburg rout
DBS Group has a tightly managed exposure to India's troubled Adani group of companies, the CEO of Southeast Asia's largest bank said on Monday
 "DBS says not concerned about exposure to Adani group amid Hindenburg rout")
Regulatory mishaps seem to dog the Indian financial markets permanently
One way out is to give constitutional status to regulatory agencies with systemic importance, like in the case of CAG, and CEC
Top headlines: Adani group to cut growth target, Class of '23 awaits hiring
Business Standard brings you the top headlines at this hour
WPL 2023 auction today: All you need to know about first such bidding ever
WPL Auction: A total of 409 cricketers, 246 from India and 163 from overseas, will go under the hammer at the Jio World Convention Centre in Mumbai at 2:30 PM
 "WPL 2023 auction today: All you need to know about first such bidding ever")
Hindenburg effect: Adani Group cuts revenue growth target, capex amid rout
Holding back on investments for even as little as three months could save the conglomerate as much as $3 bn- funds that can be deployed to pay down debt or boost the cash pile, said another person
TMS Ep367: India's infra ambitions, Railways, markets, pledging of shares
Will the Adani crisis affect India's infra ambitions? What challenges Budget bonanza present to Railways? Which risks did Q3 earnings highlight for India Inc? What is pledging of shares? Answers here
 "TMS Ep367: India's infra ambitions, Railways, markets, pledging of shares")
No breach of law by entities being linked to Adani Group: Mauritius
Its market regulator yet to share prelim report with India
 "No breach of law by entities being linked to Adani Group: Mauritius")
Sebi board likely to take up Adani stock rout at its meet this week
Finance minister Nirmala Sitharaman to address Sebi board as a part of customary practice after presenting the Budget
Adani saga: Easy come, easy go
The story of "sudden volatility" isn't so sudden and starts in mid-2020, except that it was upward volatility then
