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ADANI GROUP SAGA
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
'Deeply feel the pain of investors who lost money': Gautam Adani says after Sebi clean chitSEBI has closed its probe into Adani Group after over two years, rejecting Hindenburg’s allegations. Gautam Adani hailed the move as vindic...
Penalty manageable for Adani Group if found guilty in bribery case: NomuraNomura believes the Adani Group's fundamentals and asset quality remain strong. Even if the promoters are found guilty, the potential penal...
Adani-Hindenburg saga continues: Swiss authorities freeze $310 million across five bank accounts linked to Gautam Adani, says reportSwiss authorities have frozen over $310 million in funds following a 2021 investigation into money laundering and securities forgery linked...
Adani-Hindenburg saga: Adani Group rejects allegations concerning $310 mn frozen funds in Swiss bank accounts, terms them baselessThe Adani-Hindenburg controversy escalated as the US short seller alleged that Swiss authorities had frozen over $310 million in six bank a...
Kotak twist to Adani- Hindenburg drama: Here's how US short seller responded to Sebi show cause noticeAdani Hindenburg Row: In the latest turn of events, Hindenburg revealed it received a show-cause notice from India's market regulator SEBI ...
Hindenburg has never been a client of the firm, Kotak Mahindra International saysKotak Mahindra International Limited (KMIL) clarified on Tuesday that Hindenburg has never been a client or investor of the firm. The compa...
Adani Group 'well positioned' to capitalise on country's infra spending: Gautam AdaniIndia's Adani Group is "well positioned" to capitalize on opportunities in the country's booming infrastructure sector as spending is expec...
S&P Global Ratings upgrades Adani Ports, Adani Electricity on cash flow optimismS&P has revises outlook for Adani Ports and Adani Electricity to stable from negative, citing strong cash flow in the next 12 to 24 months....
SC's Adani-Hindenburg probe panel members have conflict of interests, petition claimsA petitioner has filed an application in the Supreme Court claiming that three members of the panel investigating irregularities in the Ada...
Bain Capital to acquire 90% stake in Adani Capital, Adani HousingThe transaction is expected to close in the fourth quarter of this year. The aim of the deal is to position Adani Capital as a standalone c...
Deloitte flags Adani Ports' transactionsSome of these transactions involve parties named in the Hindenburg Research report, bringing a renewed focus on the short-seller saga. The ...
Non-stop buying! Adani stocks rally up to 5% for fourth dayShares of Adani Group's companies, including Adani Green and Adani Power, rose by 4%, while Adani Transmission, Adani Total Gas, and NDTV's...
Can't conclude currently that SEBI failed: SC's expert panel on Adani-Hindenburg sagaAn expert committee constituted by India's Supreme Court to investigate the Adani Group said it was not possible to conclude if there has b...
NRIs fret over Indian investments post Adani-Hindenburg saga: SurveyThe freefall was arrested to an extent after US-based FII GQG Partners had signed a Rs 15,000 crore deal with Adani Group promoter entity S...
Sebi for more teeth to shareholders to improve corporate governanceThe can of worms opened by the short seller saw opposition parties led by Congress even question the regulator and exchanges for not taking...
Adani Group plans independent probe into Hindenburg allegationsAccording to industry observers, the decision to undertake an independent assessment augurs well to reassure investors, especially equity i...
Uday Kotak on Adani saga: 'No systemic risk to Indian financial system'Adani Group companies have come under intense selling pressure since the past week following a report by New York-based short seller Hinden...
Rating agencies, partner help ease pressure of AdaniThis is after a over USD 100-billion rout in value of group stock since the US short seller Hindenburg Research accused Adani group of stoc...
Market Movers: NBFCs see strong demand; Adani group stocks suffer for second dayThe saga of active or not active FPI shareholders of Adani Group entered its second act today as it turned out that while Adani Group had l...