Adani Group’s Debacle Puts Spotlight on Billions Flowing in from Mauritius
The tiny island of Mauritius has spent years trying to clean up its image as a base for shady money launderers and shell companies. Short-seller...
Tag : Adani Group
Adani Group Prepays Rs 7,374 Crore Worth Equity-Backed Financing
On Tuesday, Beleaguered Adani Group said it had repaid Rs 7,374 crore (more than $900 million) share-based financing. It will repay all remaining debt by...
GQG Founder Jain Meets Australian Investors after $1.9 Billion Adani Investment
GQG Partners Inc founder Rajiv Jain will meet clients and stockholders in Australia this week, the company said in a statement on Tuesday and will...
NSE, BSE Removes Adani Enterprises from Short-Term Additional Surveillance Framework
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have removed Adani Enterprises, the flagship entity of port-to-power conglomerate Adani Group, from the short-term...
Adani to have $2 Billion in Foreign Currency Bonds for Repayment in 2024
According to a presentation made by Adani Group to investors, Adani Group mainly relies on debt to promote rapid expansion. Its total debt has doubled...
Adani Group Issues Flash Warning Despite Easing $153 Billion Stock Route
Adani Group’s historic market crash showed signs of easing after the Indian conglomerate travelled to restore confidence and win a $1.9 billion investment from a...
SC Directs Sebi to Probe Adani, Group Shares Stay Up Amid Heavy Trade
On Thursday, the Supreme Court (SC) directed market regulator SEBI to conduct a detailed investigation and submit its findings within two months. The Supreme Court...
Adani Group Refuses $3 Billion Loan Reports from Middle East Fund
On March 1, the Adani group was deprived of a report which demanded that the embattled Indian conglomerate secure a $3 billion loan from a...
Adani Shares Rise After Multiple Block Trades, SC Orders
Adani Group shares were off their highs of the day. Still, it continued to rise after the Supreme Court asked the Securities and Exchange Board...
Adani Enterprises Shares Soar 12%, Mining Unit Gets LoI for Odisha Bauxite Block
Shares of Adani Enterprises surged 12% to Rs 1,532.85 on the BSE in intraday trade on Wednesday, extending gains from the previous day, as a...
