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
Adani Group has denied allegations on the use of tax havens and concerns on high debt levels made by short seller Hindenburg Research
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
The crisis of confidence plaguing Gautam Adani is deepening, with the selloff in the Adani group shares triggered by Hindenburg Research's fraud allegations rapidly turning into a meltdown
The Swiss lender's private banking arm has assigned a zero lending value for notes sold by Adani Ports and Special Economic Zone, Adani Green Energy and Adani Electricity Mumbai Ltd
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
Wednesday's stock losses saw Gautam Adani slip to 10th on Forbes rich list with an estimated $84.1 billion, just below rival Mukesh Ambani
India's banking sector has been one of the hardest hit by the collateral damage from the sharp correction in the Adani group stocks over the past week post the Hindenburg report: SocGen
Shares of Adani Total Gas were locked in the lower circuit for the fourth straight day, down 10 per cent at Rs 1,901.65 on Wednesday.
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What does Economic Survey tell us about growth? What can regulators do in Adani-Hindenburg case? What do markets expect from Budget 2023? Five terms to understand the Budget better. All answers here
Hindenburg Research last week flagged concerns about the conglomerate, that included its high debt levels, triggering a $65 billion rout in the group's stocks
The close to $70 billion rout in Adani Group stocks has seen the domestic market slip to sixth position in the world
SEBI asked about the maturity profile of Adani Group debts, its liquidity, the founder's leverage and the overall rating process
The flagship firm Adani Enterprises rose nearly 3.4 per cent after its follow-on share sale managed to sail through
One lesson that the Hindenburg report has hammered home is that big business groups are best served by transparency in their business and financial dealings
The fully subscribed offering removes one overhang for India's $3.2 trillion stock market, which recently dropped out of the world's five biggest by value
Regulator should look into allegations against Adani Enterprises
Dwells on host of key partnerships in Jewish nation, such as Elbit Systems, Israel Weapon Systems, and Israel Innovation Authority; vows to change Haifa skyline with latest deal