Adani lost $108 billion in a week: ‘Headlines generating negative attention'
1 year, 10 months ago

Adani lost $108 billion in a week: ‘Headlines generating negative attention'

Hindustan Times  

Gautam Adani, the multi-billionaire, is battling the worst crisis of his corporate life. Since the Hindenburg Research report on January 24, accusing the Adani Group of stock manipulation and accounting fraud, it has lost $108 billion in market value, Bloomberg reported. Worst nightmare for Adani Group: > Since Hindenburg's report on January 24, Adani Group companies have lost nearly half their combined market value. Bloomberg also reported that Citigroup’s wealth unit has stopped accepting securities issued by Adani companies as collateral for margin loans after “negative news around the group’s financial health” led to dramatic price drops. Mizuho Financial Group Inc.’s securities division had past dealings with Adani and is examining the allegations being levelled against the conglomerate, the unit’s chief executive officer Yoshiro Hamamoto told reporters in Tokyo on Thursday.

History of this topic

Number Theory: Key takeaways from 2 hard years for the Adani Group
1 week, 6 days ago
Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans
1 week, 6 days ago
Shares of 6 Adani Group companies, out of 11 listed, decline in mid-session deals
2 weeks ago
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3 weeks ago
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3 weeks ago
Adani Green Energy Shares Surge 9% Amid Allegations; Gautam Adani Asserts Resilience
3 weeks, 2 days ago
How will bribery charges impact Adani?
3 weeks, 3 days ago
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3 weeks, 3 days ago
Adani CFO refutes US allegations: ‘Individuals accused in bribery case to clarify matter in 10 days’
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3 weeks, 4 days ago
Adani Group Faces Global Scrutiny While SEBI Stands Silent: What’s at Stake?
3 weeks, 5 days ago
Japanese Banks sticking with Adani as Jefferies, Barclays review ties
3 weeks, 5 days ago
Adani Green, Adani Energy Solutions: Why these Adani Group stocks are surging today
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3 weeks, 5 days ago
Adani group shares rise up to 18% for second straight session led by Adani Total Gas. More steam left?
3 weeks, 6 days ago
Abu Dhabi's IHC says its outlook on Adani Group investments is unchanged
3 weeks, 6 days ago
Adani group stocks extend winning streak, rally up to 12% today
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3 weeks, 6 days ago
Adani Total Gas share price jumps 16% in early trade. What's driving the rally?
3 weeks, 6 days ago
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Top News
3 weeks, 6 days ago
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 Stocks Rebound; Shares Surge Amid Bribery Allegations
Top News
4 weeks ago
Adani group stocks surge up to 16% post clarification by Adani Green; Adani Total Gas top gainer
4 weeks ago
Adani Group says it lost nearly $55 billion since US indictment: Report
4 weeks ago
Sensex, Nifty end higher as Adani stocks rally up to 20%
Trending News
4 weeks ago
Adani Group stocks gain up to 17% after clarification on US bribery charge
4 weeks ago
Adani Group shares rally after clarification on US bribery charges. Is the worst over?
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4 weeks ago
No money given to Adani so far for Sri Lankan port project, says US development agency
4 weeks, 1 day 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%
4 weeks, 1 day ago
Adani Group deals at risk: How countries have reacted after bribery charges
4 weeks, 1 day ago
Adani standoff forces Houses to adjourn on Day 1 of session
4 weeks, 1 day ago
Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here’s why
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4 weeks, 1 day ago
Adani Group says companies have sufficient liquidity, assures investors about servicing debt obligations
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1 month ago
Adani bonds slide to year low as investors and lenders weigh bribery allegations
1 month ago
Adani Group Stocks Surge Amid Equity Market Rally; NDTV Shares Slip
1 month ago
Adani touts financial muscle, says can grow without external debt
1 month ago
Adani bulls cut positions before news of US indictment
1 month ago
Adani Green Energy shares tank 11% today. Here's why
1 month ago
Rising geopolitical tensions, Adani ‘bribery’ case add to Indian market’s woes — expert advice
1 month ago
Adani firm downplays Kenya scrapping $736 million power deal: No material impact
1 month ago
Friday’s relief rally after Adani shock leaves investors richer by ₹7.27 trillion
1 month ago
Adani shares rally in India after founder's US charges
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1 month ago
US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men
1 month ago
Adani Group stocks in trouble again! What should investors do now?
1 month ago
Adani group shares stage a sharp rebound; Adani Green Energy, Adani Enterprises, Adani Ports shares surge up to 6%
1 month ago
Adani Group stocks, bonds fall for a second day after founder's US indictment
1 month ago
Gautam Adani news: Adani shares extend selling for second straight session; lose up to 28% in two days
1 month ago
Stocks to Watch: Adani Group stocks, Raymond, Vedanta, Hyundai Motor, SJVN and more
1 month ago
The week in charts: Adani shares, PM internship scheme, Bitcoin buzz
1 month ago
Adani indictment rocks equities and bonds alike
1 month ago
Adani may see wider impact from US setback
1 month ago
How did Adani's wealth plummet by $12 billion in just one day amid US bribery scandal?
1 month ago
Adani Group shares trade lower for second consecutive day amid US bribery allegations
1 month ago

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