Adani Group Stocks Lose Rs 55,000 cr in M-Cap After Hindenburg Says It Holds Short Positions
1 year, 10 months ago

Adani Group Stocks Lose Rs 55,000 cr in M-Cap After Hindenburg Says It Holds Short Positions

News 18  

Adani Group Shares were trading in the red zone on Wednesday following a report by Hindenburg Research that claimed that the Indian giant had participated in a clear stock manipulation and accounting fraud scheme over decades. The short-seller said seven Adani listed companies have an 85% downside on a fundamental basis due to sky-high valuations and that “key listed Adani companies have also taken on substantial debt” which has “put the entire group on precarious financial footing”. No single investor has.” Adani Enterprises, the flagship company of ports-to-energy conglomerate Adani Group, has said it will raise $2.5 billion in India’s largest follow-on public offering due this Friday. “Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its seven key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations,” said the forensic financial research company in its report. Seven Adani group stocks namely Adani Total Gas, Adani Enterprises, Adani Transmission, Adani Green Energy, Adani Ports, Adani Power and Adani Wilmar together lost Rs 54,542 crore in market value following the report.

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History of this topic

Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans
1 week, 5 days ago

Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans

Live Mint  

The Adani Group has initiated talks with a clutch of investors and banks to refinance $1.1 billion worth of loans of Adani Green Energy Ltd, two persons aware of the discussions said on condition of anonymity. “While the dollar market offers higher tenures, domestic institutions are also offering meaningful long tenures of 10-15 years for extending the refinancing facility," said …

Shares of 6 Adani Group companies, out of 11 listed, decline in mid-session deals
1 week, 6 days ago

Shares of 6 Adani Group companies, out of 11 listed, decline in mid-session deals

Hindustan Times  

Shares of six Adani Group firms, out of 11 listed companies, declined in the mid-session deals on Wednesday, with Adani Green Energy falling more than 2 per cent. The scrip of Adani Green Energy slipped 2.46 per cent to ₹1,147.30 apiece, Adani Ports and Special Economic Zone was down by 1.13 per cent, Adani Power, Adani Energy Solutions and Adani …

Stocks to watch today: Adani Ports, Bajaj Auto, NTPC Green Energy
Trending News
1 week, 6 days ago

Stocks to watch today: Adani Ports, Bajaj Auto, NTPC Green Energy

India Today  

The stock markets have remained range-bound in recent sessions, with indices closing flat as the momentum from earlier rebounds has slowed after a new governor for the Reserve Bank of India was announced and a change in policies could be on the cards. Today, several stocks are likely to be in focus due to recent news and developments, such as …

Adani Group unveils Rs 7.5 lakh crore investment plan for Rajasthan
2 weeks, 1 day ago

Adani Group unveils Rs 7.5 lakh crore investment plan for Rajasthan

India Today  

The Adani Group announced plans to invest Rs 7.5 lakh crore in Rajasthan in a bid to boost the state's economy. The announcement was made during the Rising Rajasthan Global Investment Summit held in Jaipur, where the group outlined its vision for driving economic growth and development across various sectors. The Adani Group’s investment plan in Rajasthan includes projects across …

Adani Group announces to invest Rs 7.5 lakh crore in Rajasthan across sectors
2 weeks, 1 day ago

Adani Group announces to invest Rs 7.5 lakh crore in Rajasthan across sectors

India TV News  

Rising Rajasthan Global Summit: The Adani Group is planning to invest Rs 7.5 lakh crore across various sectors in Rajasthan, said Karan Adani, Managing Director of Adani Ports and SEZ Ltd on Monday at the Rising Rajasthan Global Summit held on Monday at the Jaipur Exhibition and Convention Centre in Sitapura. While speaking at the Rising Rajasthan Summit, Karan Adani …

Why it's a rocky road ahead for Adani Group
2 weeks, 6 days ago

Why it's a rocky road ahead for Adani Group

India Today  

Gautam Adani’s biographer calls him ‘destiny’s child’. However, a US court indictment which said that, starting in 2020, top honchos of Azure Power—an Indian solar power producer that was listed on the New York Stock Exchange—connived with Adani and two of his senior executives to give $265 million in bribes to government officials across five Indian states in return for …

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge
3 weeks ago

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge

ABP News  

Shares of seven Adani Group companies ended higher on Tuesday, with Adani Ports and Special Economic Zone leading the charge with a 6.02 per cent gain, emerging as the top performer among Sensex and Nifty firms. Other Adani Group stocks also witnessed upward movement on the BSE, with Ambuja Cements rising 5.15 per cent, ACC climbing 2.56 per cent, Adani …

Adani Green Energy Shares Surge 9% Amid Allegations; Gautam Adani Asserts Resilience
3 weeks, 1 day ago

Adani Green Energy Shares Surge 9% Amid Allegations; Gautam Adani Asserts Resilience

ABP News  

Shares of Adani Green Energy Ltd witnessed a sharp jump of 9 per cent on Monday, trading at Rs 1,445 on the BSE, following a defiant statement from Adani Group chairman Gautam Adani. Performance of Adani Group Stocks While Adani Green Energy saw significant gains, other group stocks showed mixed results: Adani Ports rose 2 per cent, Ambuja Cements gained …

Adani Green Energy share price rises 9%: Here are key factors driving 50% gains for the stock in 4 sessions
Trending News
3 weeks, 1 day ago

Adani Green Energy share price rises 9%: Here are key factors driving 50% gains for the stock in 4 sessions

Live Mint  

Stock Market Today: Adani Green Energy share price gained up to 9% in morning trades on Monday. Adani Green Energy share price opened at ₹1364.00 on the BSE on Monday, almost 3% higher than previous close of ₹1324.55. The Adani Green energy share price thereafter gained further to intraday highs of ₹1445, marking gains of 9%. Among various rating agencies, …

Is Adani Ports stock at Rs 1,960? Here's what brokerages say
3 weeks, 1 day ago

Is Adani Ports stock at Rs 1,960? Here's what brokerages say

India Today  

Shares of Adani Ports and Special Economic Zone have been in focus over the past few sessions, with analysts projecting a strong growth outlook despite recent challenges. Kotak Institutional Equities has a fair value of Rs 1,630, while Motilal Oswal Financial Services has pegged it at Rs 1,530, both maintaining their ‘Buy’ ratings. Operating cash flow is expected to grow …

Explained: Why Adani Green Energy share price rose 9% today
3 weeks, 1 day ago

Explained: Why Adani Green Energy share price rose 9% today

India Today  

Shares of Adani Green Energy Ltd saw a rise in Monday's early trade, surging 9.09% to hit a day high of Rs 1,445. The primary trigger for today’s rise was a statement from the Adani Group’s Chief Financial Officer Jugeshinder Singh, indicating plans to revive a previously scrapped dollar bond offering between April and June 2025. Recently, Adani Green Energy …

Adani group stocks: Why Adani Green Energy shares will be in focus today
3 weeks, 1 day ago

Adani group stocks: Why Adani Green Energy shares will be in focus today

India Today  

Shares of Adani Green Energy Ltd are expected to draw investor attention today following significant developments within the Adani group. Adani group’s Chief Financial Officer, Jugeshinder Singh, said that they may consider reviving their previously scrapped dollar bond between April and June next year. The group is also exploring the possibility of public bond sales for other firms within the …

Adani Green, Adani Energy Solutions jump after F&O inclusion
3 weeks, 4 days ago

Adani Green, Adani Energy Solutions jump after F&O inclusion

Live Mint  

The inclusion of Adani Green Energy and Adani Energy Solutions in the futures and options segment of the National Stock Exchange drew huge participation from traders and investors, sending these two stocks soaring. Friday's outsized gains helped the shares of Adani Green Energy and Adani Energy Solutions contribute the most to investor wealth creation within the eleven Adani group's listed …

Adani Group Stocks Surge; IHC, Global Partners Reaffirm Support Amid Allegations
3 weeks, 4 days ago

Adani Group Stocks Surge; IHC, Global Partners Reaffirm Support Amid Allegations

ABP News  

Shares of all 11 listed Adani Group companies rallied, led by Adani Green Energy, which soared nearly 15 per cent on the BSE. Market Performance Adani Green Energy shares rose 14.64 per cent, followed by Adani Energy Solutions, which surged 13.54 per cent. Other notable gainers included: Adani Total Gas: Up 7.33 per cent Adani Power: Up 4.90 per cent …

Adani Power Share Price Today on 29-11-2024: Adani Power share price are down by -1.11%, Nifty up by 0.88%
3 weeks, 4 days ago

Adani Power Share Price Today on 29-11-2024: Adani Power share price are down by -1.11%, Nifty up by 0.88%

Live Mint  

Adani Power Share Price Today on 29-11-2024: At 29 Nov 11:24 today, Adani Power shares are trading at price ₹554, -1.11% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Adani Ent Share Price Today on 29-11-2024: Adani Ent share price are down by -0.72%, Nifty up by 0.78%
3 weeks, 4 days ago

Adani Ent Share Price Today on 29-11-2024: Adani Ent share price are down by -0.72%, Nifty up by 0.78%

Live Mint  

Adani Ent Share Price Today on 29-11-2024: At 29 Nov 11:11 today, Adani Ent shares are trading at price ₹2420, -0.72% down from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 2327.97 10 …

Adani Green Energy Share Price Today on 29-11-2024: Adani Green Energy share price are up by 10.65%, Nifty up by 0.88%
3 weeks, 4 days ago

Adani Green Energy Share Price Today on 29-11-2024: Adani Green Energy share price are up by 10.65%, Nifty up by 0.88%

Live Mint  

Adani Green Energy Share Price Today on 29-11-2024: At 29 Nov 11:09 today, Adani Green Energy shares are trading at price ₹1204.05, 10.65% up from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 …

Japanese Banks sticking with Adani as Jefferies, Barclays review ties
3 weeks, 4 days ago

Japanese Banks sticking with Adani as Jefferies, Barclays review ties

Live Mint  

-- Japan’s biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays Plc are reassessing their exposure to the Indian conglomerate. Mizuho Financial Group Inc. expects the latest saga surrounding Adani won’t have a long-lasting impact and intends to continue supporting the group, according to people familiar with the …

Adani group stocks gain up to 14% for third day in a row: Adani Green Energy , Adani Energy Solutions lead the gains
3 weeks, 4 days ago

Adani group stocks gain up to 14% for third day in a row: Adani Green Energy , Adani Energy Solutions lead the gains

Live Mint  

Stock Market today: Adani group companies saw their share price gain up to 14% for third day in a row. Adani Green Energy Ltd share price led the gains rising up to 14% in the morning trades on Friday. Adani Total Gas share price saw rise of up to 5% closely followed by Adani Power share price seeing similar gains …

Adani Green, Adani Energy Solutions: Why these Adani Group stocks are surging today
Trending News
3 weeks, 4 days ago

Adani Green, Adani Energy Solutions: Why these Adani Group stocks are surging today

India Today  

Adani Group stocks rallied sharply on Friday, climbing up to 15% as investors responded positively to clarifications on the US bribery case and assurances of financial stability. Most other Adani Group stocks also registered gains in early trade. The rally comes after Japan’s largest lenders, including Mizuho Financial Group, Sumitomo Mitsui Financial Group, and Mitsubishi UFJ Financial Group, reportedly reaffirmed …

CRISIL says no negative actions so far by lenders, investors on Adani following US indictment
3 weeks, 4 days ago

CRISIL says no negative actions so far by lenders, investors on Adani following US indictment

New Indian Express  

NEW DELHI: Backing embattled Adani Group, rating agency CRISIL Ratings on Friday said the conglomerate has sufficient liquidity and operational cash flows to meet debt obligations and committed capex and that there has been no negative actions so far by lenders and investors following the US indictment of group founder chairman. The Adani Group, which has the flexibility to reduce …

Adani allegations shine spotlight on India’s clean energy conundrum
3 weeks, 5 days ago

Adani allegations shine spotlight on India’s clean energy conundrum

The Hindu  

Published : Nov 28, 2024 11:22 IST - 4 MINS READ Bribery allegations against the Adani Group founder Gautam Adani have highlighted the growing problem India’s renewable energy developers face in finding buyers for the power they generate. The challenges were stark in the case of Adani Green, India’s largest renewable energy company, which took over three years to strike …

Adani Power Share Price Today on 28-11-2024: Adani Power share price are up by 8.2%, Nifty down by -0.78%
3 weeks, 5 days ago

Adani Power Share Price Today on 28-11-2024: Adani Power share price are up by 8.2%, Nifty down by -0.78%

Live Mint  

Adani Power Share Price Today on 28-11-2024: At 28 Nov 11:09 today, Adani Power shares are trading at price ₹566.75, 8.2% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Adani group shares rise up to 18% for second straight session led by Adani Total Gas. More steam left?
3 weeks, 5 days ago

Adani group shares rise up to 18% for second straight session led by Adani Total Gas. More steam left?

Live Mint  

Stock Market Today: After rallying up to 18% in intra-day trade on Thursday, November 28, Adani group shares ended on a mixed note amid profit booking following a sharp two-day rally and weakness in the broader market indices. Adani Group gained in early trade today after Adani Green Energy issued a clarification on Tuesday, refuting bribery charges against Gautam Adani …

Abu Dhabi's IHC says its outlook on Adani Group investments is unchanged
3 weeks, 5 days ago

Abu Dhabi's IHC says its outlook on Adani Group investments is unchanged

The Hindu  

International Holding Co's outlook on investments in India's Adani Group remains unchanged, the Abu Dhabi conglomerate said following the U.S. indictment of billionaire Gautam Adani. "Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors," IHC said in a statement on Wednesday. Last week, U.S. authorities accused Mr. Adani, his nephew …

Adani Total Gas share price jumps 16% in early trade. What's driving the rally?
3 weeks, 5 days ago

Adani Total Gas share price jumps 16% in early trade. What's driving the rally?

India Today  

Shares of Adani Total Gas surged 16% in early trade on Thursday, continuing the recovery seen across Adani Group stocks. The rebound follows a clarification from Adani Green Energy addressing concerns over allegations of bribery by US authorities, which had initially caused a sharp dip in the group’s stocks. In its statement, Adani Green Energy clarified that key executives, including …

Adani group stocks extend winning streak, rally up to 12% today
Top News
3 weeks, 5 days ago

Adani group stocks extend winning streak, rally up to 12% today

India Today  

Adani group shares continued their positive momentum and extended their rally on Thursday with its stocks gaining up to 10% in early trade. The shares of the conglomerate have seen a recovery after the Adani group issued a clarification on charges of bribery by US authorities. The rally follows a clarification by Adani Green Energy Ltd on Wednesday that dismissed …

Adani Shares Soar As Bribery Allegations Clear; Market Cap Jumps Rs 1.2 Lakh Crore
Top News
3 weeks, 6 days ago

Adani Shares Soar As Bribery Allegations Clear; Market Cap Jumps Rs 1.2 Lakh Crore

ABP News  

Adani Group witnessed a significant turnaround in investor sentiment on Wednesday, with its market capitalisation swelling by Rs 1.2 lakh crore in a single trading session. This remarkable 10 per cent surge came as legal clarifications eased concerns over alleged bribery charges, which had previously dampened confidence. Leading the rally were Adani Power and Adani Total Gas, both of which …

Stock market today: Nifty 50, Sensex close higher on rebound in Adani stocks; smallcaps outperform
3 weeks, 6 days ago

Stock market today: Nifty 50, Sensex close higher on rebound in Adani stocks; smallcaps outperform

Live Mint  

Indian Stock Market: Indian benchmark indices experienced significant volatility in today’s session, November 27, as a rebound in Adani Group stocks was offset by weak performances from index heavyweights, leading to wide fluctuations throughout the day. Adani Group stocks surge after clarification on bribery charges All 11 Adani Group stocks closed higher in Wednesday's session following a clarification issued by …

Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations
Top News
3 weeks, 6 days ago

Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations

ABP News  

Shares of Adani Group companies saw a significant rally during morning trade on Wednesday, recovering from the losses incurred the previous day. Adani Energy Solutions led the surge, soaring 7.71 per cent, followed by gains in other group companies, signaling investor confidence despite ongoing allegations against the conglomerate. Adani Power climbed 5.96 per cent, Adani Total Gas rose 4.70 per …

Adani group stocks surge up to 16% post clarification by Adani Green; Adani Total Gas top gainer
3 weeks, 6 days ago

Adani group stocks surge up to 16% post clarification by Adani Green; Adani Total Gas top gainer

Live Mint  

Stock Market Today: Adani group stocks rebounded on Wednesday, gaining up to 16% post clarification issued by Adani Green Energy regarding bribery charges against Gautam Adani and others. Adani Total Gas share price surged 16% and was the top gainer, followed by Adani Power and Adani Green, whose share price skyrocketed up to 8%. Adani Group stocks rise up to …

Adani Green Energy Share Price Today on 27-11-2024: Adani Green Energy share price are up by 3.68%, Nifty up by 0.05%
3 weeks, 6 days ago

Adani Green Energy Share Price Today on 27-11-2024: Adani Green Energy share price are up by 3.68%, Nifty up by 0.05%

Live Mint  

Adani Green Energy Share Price Today on 27-11-2024: At 27 Nov 11:20 today, Adani Green Energy shares are trading at price ₹932.5, 3.68% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Adani Power Share Price Today on 27-11-2024: Adani Power share price are up by 5.28%, Nifty down by -0.08%
3 weeks, 6 days ago

Adani Power Share Price Today on 27-11-2024: Adani Power share price are up by 5.28%, Nifty down by -0.08%

Live Mint  

Adani Power Share Price Today on 27-11-2024: At 27 Nov 11:08 today, Adani Power shares are trading at price ₹460.85, 5.28% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Adani Group says it lost nearly $55 billion since US indictment: Report
3 weeks, 6 days ago

Adani Group says it lost nearly $55 billion since US indictment: Report

Hindustan Times  

India's Adani Group conglomerate said Wednesday it had suffered a staggering loss of nearly $55 billion since US corruption charges against top officials, accusations the company denies. The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme. "Since the intimation of the …

Sensex, Nifty end higher as Adani stocks rally up to 20%
Trending News
3 weeks, 6 days ago

Sensex, Nifty end higher as Adani stocks rally up to 20%

India Today  

Benchmark stock market indices closed higher on Wednesday as they made a brief rally driven by a surge in Adani group shares after the conglomerate issued a clarification on the bribery charges by US authorities. "This recovery followed a clarification from Adani Green Energy Ltd regarding recent allegations of bribery and corruption against key executives, including Gautam Adani and his …

Adani Group stocks gain up to 17% after clarification on US bribery charge
3 weeks, 6 days ago

Adani Group stocks gain up to 17% after clarification on US bribery charge

India Today  

Shares of Adani Group companies, including Adani Green Energy Ltd, Adani Power Ltd, Adani Energy Solutions Ltd, and Adani Enterprises Ltd, saw gains in Wednesday's trade. ADANI GROUP STOCKS GAIN SHARPLY Adani Green Energy shares were trading at Rs 988.40, up 10% as of 11 AM. Adani Total Gas Ltd rose 17.68% to Rs 681.95, Adani Wilmar Ltd increased 9.28% …

Adani Group shares rally after clarification on US bribery charges. Is the worst over?
Trending News
3 weeks, 6 days ago

Adani Group shares rally after clarification on US bribery charges. Is the worst over?

India Today  

Adani Group shares surged on Wednesday, rallying by up to 20% after a clarification from Adani Green Energy addressed concerns related to US bribery charges. Other group companies, including Adani Green Energy, Adani Energy Solutions, Adani Ports and Special Economic Zone, and Adani Wilmar, saw gains ranging from 8% to 10%. The rally followed a statement from Adani Green Energy …

Fitch, Moody’s cut rating outlook on Adani group firms to negative from stable
4 weeks ago

Fitch, Moody’s cut rating outlook on Adani group firms to negative from stable

Live Mint  

US-based rating agencies Moody’s and Fitch on Tuesday lowered their outlook for bonds of Adani group companies to negative from stable, following the bribery charges and indictment of certain board members of Adani Green Energy Ltd, including group chairman Gautam Adani, by the US Securities and Exchange Commission, and Department of Justice. Despite the group's assertions about its financial health, …

No money given to Adani so far for Sri Lankan port project, says US development agency
4 weeks ago

No money given to Adani so far for Sri Lankan port project, says US development agency

Live Mint  

Mumbai: The US International Development Finance Corporation, which last year committed a half-a-billion-dollar loan to the Adani group for developing a port in Sri Lanka, has not yet disbursed any money to the Indian conglomerate. Incidentally, GQG Partners informed its investors last week that it had built up positions in Adani group companies as new data emerged, including the DFC’s …

Adani Total Gas Share Price Today on 26-11-2024: Adani Total Gas share price are down by -1.2%, Nifty down by -0.05%
4 weeks ago

Adani Total Gas Share Price Today on 26-11-2024: Adani Total Gas share price are down by -1.2%, Nifty down by -0.05%

Live Mint  

Adani Total Gas Share Price Today on 26-11-2024: At 26 Nov 11:24 today, Adani Total Gas shares are trading at price ₹593.55, -1.2% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Adani Green Energy Share Price Today on 26-11-2024: Adani Green Energy share price are down by -6%, Nifty down by -0.01%
Top News
4 weeks ago

Adani Green Energy Share Price Today on 26-11-2024: Adani Green Energy share price are down by -6%, Nifty down by -0.01%

Live Mint  

Adani Green Energy Share Price Today on 26-11-2024: At 26 Nov 11:15 today, Adani Green Energy shares are trading at price ₹909.55, -6% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Adani Power Share Price Today on 26-11-2024: Adani Power share price are down by -0.66%, Nifty down by -0.09%
Top News
4 weeks ago

Adani Power Share Price Today on 26-11-2024: Adani Power share price are down by -0.66%, Nifty down by -0.09%

Live Mint  

Adani Power Share Price Today on 26-11-2024: At 26 Nov 11:07 today, Adani Power shares are trading at price ₹443.9, -0.66% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

TotalEnergies pauses business with Adani, whistleblower Nelson Amenya says, ‘When it rains, it pours…’
4 weeks ago

TotalEnergies pauses business with Adani, whistleblower Nelson Amenya says, ‘When it rains, it pours…’

Live Mint  

French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and corruption at Adani Green Energy Limited, it said on Monday, adding it will stop financial contributions to its Adani Group investments following last week's indictment. Kenya Whistleblower Nelson Amenya Takes Jab Also sharing the press statement, Kenya airport whistleblower Nelson Amenya took at ajab …

Adani Green clarifies on French oil major's 'pausing new funding' message
4 weeks ago

Adani Green clarifies on French oil major's 'pausing new funding' message

India Today  

Adani Green Energy ADNA.NS said on Tuesday there is no new financial commitment under discussion with TotalEnergies TTEF.PA, a day after the French oil major said it was pausing new investments into the Adani Group over US bribery charges. TotalEnergies' move was the first major fallout after US authorities last week charged Adani's billionaire chairman, Gautam Adani, and seven other …

More trouble for Adani Group as Moody's downgrades outlook for 7 firms
4 weeks ago

More trouble for Adani Group as Moody's downgrades outlook for 7 firms

India Today  

The Adani Group is facing increased scrutiny as Moody’s Ratings announced a downgrade of its outlook for seven companies within the group. REASONS FOR THE DOWNGRADE The downgrade comes in the wake of legal troubles involving Gautam Adani, the chairman of Adani Green Energy Ltd, and senior members of the group’s management. AFFECTED ENTITIES The companies affected by Moody’s revised …

Adani Group says companies have sufficient liquidity, assures investors about servicing debt obligations
Trending News
4 weeks, 1 day ago

Adani Group says companies have sufficient liquidity, assures investors about servicing debt obligations

Live Mint  

New Delhi, Nov 25 Billionaire Gautam Adani's conglomerate on Monday showcased its cash reserves and profits that are enough to service debt obligations as well as meet growth plans as it reassured investors about business as usual despite a US bribery indictment against the founder. The ports-to-energy conglomerate, whose chairman Adani and two other executives have been indicted in a …

Adani bonds slide to year low as investors and lenders weigh bribery allegations
4 weeks, 1 day ago

Adani bonds slide to year low as investors and lenders weigh bribery allegations

Live Mint  

Adani dollar bond prices fell on Monday to almost one-year lows, as investors cut their exposure to the Indian conglomerate and some bankers considered pausing fresh lending in the wake of bribery and fraud accusations by U.S. authorities The group's billionaire chairman, Gautam Adani, and seven other people were last week charged with agreeing to pay around $265 million in …

Adani Group Stocks Surge Amid Equity Market Rally; NDTV Shares Slip
4 weeks, 1 day ago

Adani Group Stocks Surge Amid Equity Market Rally; NDTV Shares Slip

ABP News  

Nine of the 10 listed Adani Group firms saw a strong surge in morning trade on Monday, aligning with a broader rally in the equity markets. Adani Energy Solutions saw its stock rise by 6.89 per cent, while Adani Green Energy climbed 6.42 per cent. Other significant gainers included Adani Total Gas, which advanced 5.33 per cent, Adani Ports up …

Adani Portfolio Delivers Record H1 And TTM Performance
4 weeks, 1 day ago

Adani Portfolio Delivers Record H1 And TTM Performance

ABP News  

Adani Group, one of India’s leading infrastructure conglomerate, on Monday announced the release of Adani Portfolio's H1 FY25 and Trailing-Twelve-Month Results and Credit Compendium. The strong performance in the first half was led by Adani Enterprises; emerging infra businesses, including solar and wind manufacturing, part of a fully integrated green hydrogen chain, airports and roads — EBITDA from these incubating …

Adani touts financial muscle, says can grow without external debt
4 weeks, 1 day ago

Adani touts financial muscle, says can grow without external debt

The Hindu  

Billionaire Gautam Adani's conglomerate on Monday showcased its cash reserves and profits that are enough to service debt obligations as well as meet growth plans as it reassured investors about business as usual despite a U.S. bribery indictment against the founder. Gautam Adani indictment: In-depth coverage The ports-to-energy conglomerate, whose chairman Mr. Adani and two other executives have been indicted …

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