Page 28 - Adani Group

Adani row: Cong to stage nationwide protest near LIC, SBI branches on Feb 6

The Opposition is taking this line of argument, that the exposure of LIC and public sector banks like the SBI to the Adani Group has significant implications for middle-class savings

Hindenburg report: NSE puts three Adani firms under ASM framework

The move is to shield investors against risky and speculative trades

Adani vs Hindenburg: Opposition seeks JPC or SC-monitored probe

The Opposition parties tried to raise the issue in both Houses of Parliament but were disallowed by the chair

Hindenburg bet against India's Adani puzzles rival US short sellers

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

FPI outflows, Adani group's FPO cancellation sour mood for rupee

The domestic currency closed at 82.18 per US dollar as against 81.93 per dollar on Wednesday

Rs 1,500 crore of Adani Enterprises short-term debt to mature by April 27

The fall was triggered by short seller Hindenburg Research's accusation against the group of accounting fraud and stock manipulation

Citigroup Inc's wealth unit halts margin loans on Adani securities

The bank said in the memo it has decided to remove lending value "to all Adani issued securities with immediate effect"

Adani Green's dollar bonds plunge past junk levels as group fights crisis

Steep rise in yields raises questions about group's ability to raise fresh debt abroad

Jo Johnson, brother of UK ex-PM, resigns as director of Adani-linked firm

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minister Boris Johnson, has resigned his non-executive directorship of a UK-based investment firm linked with the now-withdrawn Adani Enterprises Follow-on Public Offer (FPO).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

NSE puts Adani Ent, Adani Ports and SEZ, Ambuja Cement under ASM framework

When a stock is included in the ASM list, it serves as a warning to the investors about unusual activity in the stock

No impact of Adani rout, India has 15 to 16 firms in renewables: R K Singh

Power and New & Renewable Energy Minister R K Singh on Thursday dismissed apprehensions about any impact of Adani group firms' stock route on clean energy development, saying India has many such large companies in the sector. Singh's statement comes at a time when opposition party members have joined hands in both the houses of the Parliament demanding suspension of regular proceedings to discuss the allegations of fraud against the Adani Group. The proceedings of Lok Sabha as well as Rajya Sabha were completely washed out on Thursday due to the issue. Asked about the impact of the issue on clean energy sector, Singh told reporter in a press conference, "I have the most robust renewable energy capacity in the world and that means that I have at least 15-16 large companies which are at the level of global companies. It will not impact us in any way. We have many large companies and those are some of the biggest renewable energy companies in the world." The opposition parties have ..

Sensex ends 224 pts higher in uneven trade, Nifty flat; Adani Ent skids 27%

CLOSING BELL: Broader markets, however, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.5 per cent

SBI gave loans worth $2.6 billion to Adani group companies, says report

SBI's exposure includes $200 million from its overseas units, the person said, asking not to be identified discussing private information

Adani's market losses top $100 bn as shelved share sale spooks investors

The withdrawal of Adani Enterprises' share sale caps a dramatic setback for Gautam Adani, the school dropout-turned-billionaire whose fortunes rose rapidly in recent years

AAP's Sanjay Singh gives suspension of business notice in RS on Adani issue

Quoting the Hindenburg Research Report, he said in the notice that crores of rupees of many public sector banks of the country including the State Bank of India (SBI) are at stake

India's economy resilient to Adani stock rout, says Ashwini Vaishnaw

Vaishnaw declined to comment on how allegations against Adani were being assessed by the government

Rs 8.7 trn mcap loss for Adani cos in 6 days; Adani Ent tanks 35% since Tue

Given the unprecedented situation and the current market volatility, Adani Enterprises has cancelled its Rs 20,000 crore follow-on-offer (FPO)

How Hindenburg Research gave a masterclass in financial globalisation

Even for those Indians who don't have shares in the Adani group, the concern now is the health of their portfolios

Gautam Adani in crisis as bonds hits distressed levels, stock sale axed

Banks either want more collateral for loans, or are scrutinizing the value of the company's debt to lend against

Stocks to Watch: Adani Ent, Adani Green, HDFC, Maruti Suzuki, Insurance

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)