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Two Adani Group firms to raise up to $2.57 billion from the market

Two Adani group companies including the Indian conglomerate's flagship firm announced plans on Saturday to raise up to $2.57 billion from the market, months...

Two Adani entities face contagion risks: Fitch

Ratings agency Fitch said two Adani Group subsidiaries were exposed to "heightened contagion risks", possibly affecting their financial flexibility, due to weak governance at...

Adani prepays $2.15 billion share-backed loans

Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as part of its debt prepayment plan, before its...

Adani seeks to sell stake in Ambuja Cement

Gautam Adani is seeking to sell a stake in Ambuja Cement for about $450 million, the Financial Times reported on Friday, citing people familiar...

Adani shares surge after $1.87 billion GQG investment

Adani shares surged on Friday after a $1.87 billion investment in the group by GQG Partners eased concerns about the group's ability to attract...

‘Hindenburg report a godsend in Adani dispute’

For truckers transporting cement from Adani's factories in a hilly north Indian state, a US short-seller's critical research report on the giant conglomerate was...

Sri Lanka approves $442 mln Adani Green wind power plants

Sri Lanka's Board of Investment on Wednesday approved two wind power plants by India's Adani Green Energy with a total investment of $442 million,...

Adani saga, Modi and his love for tycoons

Modi has always shown a visible favour towards the business community particularly entrepreneurs and tycoons like Adani and Ambani and this bias is reflected...

Adani crisis: Modi’s party has ‘nothing to hide’, says Amit Shah

Indian Prime Minister Narendra Modi's party has "nothing to hide or be afraid of" on the controversy over Adani group, home minister Amit Shah...

Adani saga spotlight shifts to Indian regulator, shares skid again

India's market regulator is set to brief the federal government on its investigation into Adani group's shelved share sale, two sources said, thrusting the...

Adani group firms pledge additional shares for key lender

Three Adani group companies have pledged additional shares for State Bank of India (SBI), a key lender to the Indian conglomerate whose listed entities...

Adani crisis deepens

Moody's downgraded on Friday the ratings outlook for some Adani Group companies, while MSCI said it would cut the weightings of some in its...

About Adani’s links to foreign firms

India's Adani conglomerate has taken a massive hit in the stock market since short-seller US investment group Hindenburg Research accused it of accounting fraud. The...

Fresh risk for Gautam Adani!

India's Adani Group faced fresh concerns on Thursday after financial index provider MSCI said it was reviewing the free float designation of some group...

Adani row rocks India’s parliament

Both houses of India's parliament were adjourned on Friday amid chaotic scenes as some lawmakers demanded an inquiry following the meltdown of shares in...

Adani’s market losses top $100 billion

Adani Group's market losses swelled to more than $100 billion and sparking worries about their potential systemic impact on Thursday a day after its...

Gautam Adani loses Asia’s richest crown

Shares in Indian tycoon Gautam Adani's conglomerate plunged again on Wednesday as a rout in his companies deepened to $84 billion in the wake...

Adani investors rally to $2.5 billion share sale

Gautam Adani's crucial $2.5 billion share sale was fully subscribed on Tuesday as investors pumped funds into his flagship firm, despite a $65 billion...

Adani’s market loss swells to $70 billion

Adani group shares extended their sharp falls on Monday as the Indian conglomerate's rebuttal of a US short-seller's criticism failed to pacify investors, driving...

NDTV founders resign from board after Adani takes control

India's New Delhi Television Ltd (NDTV) said on Friday its founders Prannoy Roy and Radhika Roy had resigned as directors after billionaire Gautam Adani's...
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