Adani Enterprises rises from lows on block deal buzz, other Group stocks gain
1 year, 9 months ago

Adani Enterprises rises from lows on block deal buzz, other Group stocks gain

Live Mint  

Shares of Adani Enterprises Ltd rose more than 3% to ₹1,613 apiece from lows after it plunged on the BSE in Thursday's opening deals on reports of a large trade on the flagship company. About 3.5% equity i.e., around 3.9 crore shares of Adani Enterprises worth ₹5,520 crore exchanged hands at an average price of ₹1,408 per share, as per a CNBC-TV18 report. Adani Group stocks have taken a beating on the exchanges after US-based short seller Hindenburg Research last month made a litany of allegations, including fraudulent transactions and share price manipulation, against it. The report by CNBC-TV18 added that four Adani Group stocks - Adani Entertainment, Adani Ports, Adani Transmission & Adani Green - have seen a change of hands for 3.1%, 4.1%, 2.5% & 3.5% equity respectively in the pre-opening session today. According to a Reuters report, India's Adani Group informed creditors on Wednesday that it had secured a $3 billion loan from a sovereign wealth fund.

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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 …

Adani Ports shares to be in spotlight today. Here's why
Trending News
1 week, 6 days ago

Adani Ports shares to be in spotlight today. Here's why

India Today  

Shares of Adani Ports & Special Economic Zone Ltd are likely to be in the spotlight in Wednesday’s trading session after the company announced it would not seek funding from the US International Development Finance Corporation for a Sri Lankan port project. In a filing with the stock exchanges, Adani Ports shared that the Colombo West International Terminal project in …

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 seeks SEBI settlement for shareholding violation charges to avoid regulatory action: Report
3 weeks ago

Adani Group seeks SEBI settlement for shareholding violation charges to avoid regulatory action: Report

Live Mint  

Billionaire Gautam Adani-led group has reportedly approached the capital markets regulator Securities and Exchange Board of India, seeking to settle a case in which Adani Group was accused of violating public shareholding regulations. According to the report, the ports-to-power conglomerate's minimum public shareholding requirement violations date back to 2020, and the regulator sought to recover about ₹2,500 crore from the …

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 …

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 …

How will bribery charges impact Adani?
3 weeks, 2 days ago

How will bribery charges impact Adani?

The Hindu  

The story so far: Last week, the U.S. Department of Justice charged two officials of a renewable energy company listed in the U.S. in connection with a bribery scheme allegedly perpetrated by Gautam Adani, chairman of the Adani Group, and his associates including his nephew Sagar Adani. Shares of various Adani Group companies dropped sharply; they have recovered most of …

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’
Trending News
3 weeks, 3 days ago

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’

Live Mint  

Adani Group Chairman Gautam Adani on Saturday, November 30, responded to the alleged bribery and fraud allegations against the conglomerate, saying that the legal matter involving the US Department of Justice is a challenge which the Group has faced "not for the first time". What I can tell you is that every attack makes us stronger and every obstacle becomes …

'Every attack makes us stronger': Gautam Adani amid row over US indictment
Trending News
3 weeks, 3 days ago

'Every attack makes us stronger': Gautam Adani amid row over US indictment

India TV News  

In his first public address following recent allegations and a U.S. indictment, Gautam Adani, Chairman of the Adani Group, reiterated his company's resilience, declaring that "every attack makes us stronger." Speaking at the 51st Gems and Jewellery Awards on Saturday, Adani addressed the legal challenges his conglomerate is facing, following charges of securities fraud and violations of anti-bribery regulations related …

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 CFO refutes US allegations: ‘Individuals accused in bribery case to clarify matter in 10 days’
Trending News
3 weeks, 4 days ago

Adani CFO refutes US allegations: ‘Individuals accused in bribery case to clarify matter in 10 days’

Live Mint  

Adani Group's chief financial officer on Friday, November 29, rejected US allegations that group executives, including Chairman Gautam Adani, were part of a $265 million bribery scheme. Adani CFO refutes bribery charges Singh also sought to allay concerns about the allegations' impact on the group's expansion plans. He said the allegations made in the US against Group chairman Gautam Adani …

Adani Group Faces Global Scrutiny While SEBI Stands Silent: What’s at Stake?
3 weeks, 4 days ago

Adani Group Faces Global Scrutiny While SEBI Stands Silent: What’s at Stake?

The Hindu  

Published : Nov 29, 2024 14:23 IST - 8 MINS READ In a proverbial “when it rains, it pours” moment, the Adani Group is having a rather disastrous close to the year. French oil major TotalEnergies won’t make any more investments in the Adani Group, saying it was not informed of the US bribery charges against Gautam Adani. An ally …

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 …

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 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 …

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 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 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 …

Adani Group’s 2 stocks placed under ASM stage-1 category: Here’s what it means for shareholders
3 weeks, 6 days ago

Adani Group’s 2 stocks placed under ASM stage-1 category: Here’s what it means for shareholders

Live Mint  

Adani Group stocks - Adani Green Energy and Adani Energy Solutions, have been put under the first stage of the short-term additional surveillance measures on the Bombay Stock Exchange and National Stock Exchange after the recent US indictment of Chairman Gautam Adani and his nephew Sagar Adani on alleged bribery and fraud charges. The two Adani Group stocks have been …

Share Market Today: Sensex Rises 230 Points; Nifty At 24,275. Adani Stocks Gain
Top News
3 weeks, 6 days ago

Share Market Today: Sensex Rises 230 Points; Nifty At 24,275. Adani Stocks Gain

ABP News  

Share Market Today: The two key equity benchmark indices, Sensex and Nifty, on Wednesday, jumped by a sharp rally in Adani Group stocks and renewed foreign fund inflows. Adani Group stocks Adani Group stocks witnessed a significant surge after an update from an Adani entity clarified that Gautam Adani and his associates were not charged under the US Foreign Corrupt …

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 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 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. …

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 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 …

Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here’s why
Trending News
4 weeks, 1 day ago

Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here’s why

Live Mint  

GQG Partners, one of the biggest foreign institutional investors in Adani Group, decided not to sell its stake in the conglomerate. According to the disclosure, the American investment giant has a total exposure of $9.7 billion to the Adani Group of companies on a total asset base of $158.6 billion, marking up to 6.1 per cent of the company's total …

TotalEnergies halts Adani investments; GQG bets on Indian govt backing amid US bribery charges
4 weeks, 1 day ago

TotalEnergies halts Adani investments; GQG bets on Indian govt backing amid US bribery charges

Live Mint  

Two of the largest investors in the Adani group have made contrasting investment decisions after US authorities indicted Gautam Adani and two other directors in a $250 million bribery case. French oil giant TotalEnergies, which has invested $3.85 billion in Adani group companies since 2019, said on Monday that it had decided to hold off on new investments until the …

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 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 …

Adani Power Share Price Today on 25-11-2024: Adani Power share price are up by 1%, Nifty up by 1.67%
Top News
4 weeks, 1 day ago

Adani Power Share Price Today on 25-11-2024: Adani Power share price are up by 1%, Nifty up by 1.67%

Live Mint  

Adani Power Share Price Today on 25-11-2024: At 25 Nov 11:11 today, Adani Power shares are trading at price ₹465.35, 1% 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 bulls cut positions before news of US indictment
4 weeks, 1 day ago

Adani bulls cut positions before news of US indictment

Live Mint  

Mumbai: Two days before a US court indicted senior officials of Adani Green Energy for allegedly bribing Indian state government officials to secure lucrative power contracts, bulls on two of the group companies' derivatives counters slashed their long positions, saving them from massive losses that hit the group shares after the news broke. Interestingly, certain traders holding futures positions of …

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