sbi public makes lakh effect group anchor investment rahul markets baba austrias company role amid profit freedom cr funds ipo crore opens state subscription gmp farmer financial elara investors price

Articles for Fpo, search results for short

Adani-Hindenburg row: Aswath Damodaran pin points this flaw in global eco system
1 year, 10 months ago

Adani-Hindenburg row: Aswath Damodaran pin points this flaw in global eco system

Live Mint  

Adani-Hindenburg row: Amid falling Adani group stock prices valuation guru Aswath Damodaran has pointed out a flaw in global economic system that opened a window of opportunity to Gautam Adani and his company. In his blog titled 'Musings on Markets', Aswath Damodaran wrote, "There is another seam or weakness in the global economic setting that Adani Enterprises exploited, and that …

Green Gautam Adani Adani Fpo Esg
The Hindenburg effect: Is it a storm that will pass or is a shake-up on the cards? | In Focus podcast
1 year, 10 months ago

The Hindenburg effect: Is it a storm that will pass or is a shake-up on the cards? | In Focus podcast

The Hindu  

Hindenburg Research, an American ‘activist’ short-seller, known for going after companies that they believed are excessively overvalued, has unleashed a storm in the markets and regulatory circles with a report on the Adani Group of companies. The allegations include stock manipulation and round-tripping of funds using shell companies. While the Adanis hit back with a 413-page rejoinder, the markets have …

Adani Hindenburg
NSE places Adani Groups stocks under additional surveillance framework
1 year, 10 months ago

NSE places Adani Groups stocks under additional surveillance framework

Op India  

On February 2, Thursday, India National Stock Exchange put Adani Enterprises, Adani Ports, and Ambuja Cements under Additional Surveillance Mechanism. Gautam Adani, Chairman, Adani Enterprises Ltd referred to the volatility in the stock over the last week and said the interest of the investors is paramount and to insulate them from any potential financial losses, the Board has decided not …

India Board Surveillance Price Stock Investors Group
Former UK PM Boris Johnson's brother resigns as director of Adani linked firm
1 year, 10 months ago

Former UK PM Boris Johnson's brother resigns as director of Adani linked firm

India TV News  

Former United Kingdom Prime Minister Boris Johnson's younger brother resigned from the post of non-executive director of a UK-based investment firm linked with the now-withdrawn Adani Enterprises Follow-on Public Offer. "I joined the board of Elara Capital, an India-focused investment firm based in London, as an independent non-executive director last June in the hope of making a contribution to UK-India …

India London Indian Capital Johnson Fpo Boris Johnson
How much has the Adani group lost since the Hindenburg report?
1 year, 10 months ago

How much has the Adani group lost since the Hindenburg report?

The Hindu  

Adani Group’s share prices took another plunge on February 3 morning with Adani Enterprises’ shares opening with a nearly 10% dive. The Adani Group’s market losses climbed to over $100 billion while stocks continued their nosedive with most hitting lower circuits on Thursday, February 2, a day after the billionaire Chairman of Adani Enterprises Ltd called off a $2.5 billion …

Stocks Market Report Share Billion Group Bse
Hindenburg’s masterclass on globalization hit Adani’s FPO
1 year, 10 months ago

Hindenburg’s masterclass on globalization hit Adani’s FPO

Live Mint  

Without even betting a single dollar in any Indian market, a New York short-seller managed to torpedo India’s most prestigious share sale, dimming the aura around its sponsoring tycoon. When Hindenburg published its report last week, accusing Adani of pulling “the largest con in corporate history,” and disclosing bets that it had taken against the group via US-traded bonds and …

Indian Billion Adani Fpo Hindenburg
Adani calls off share sale: What is an FPO? How is it different from IPO?
1 year, 10 months ago

Adani calls off share sale: What is an FPO? How is it different from IPO?

Hindustan Times  

Adani Enterprises has decided not to proceed with its fully subscribed Follow-on Public Offer, the conglomerate said in a statement late on Wednesday, hours after the shares of the firm nosedived 28.45% to close at ₹2,128.70 on the BSE. Billionaire Gautam Adani's empire has lost more than $100 billion following explosive allegations of accounting fraud last week by US short-seller …

Company Share Public Fpo Shares Ipo
Gautam Adani speaks for first time after scrapping FPO amid Hindenburg row
1 year, 10 months ago

Gautam Adani speaks for first time after scrapping FPO amid Hindenburg row

Live Mint  

Billionaire Gautam Adani on Thursday said it would not be "morally correct" to go ahead with the ₹20,000-crore share of Adani Enterprises in the current market condition, a day after deciding not to go-ahead with the fully subscribed Follow-on Public Offer. But considering the volatility of the market seen yesterday, the board strongly felt that it would not be morally …

Gautam Adani Adani Fpo Hindenburg
FPO withdrawn due to market volatility, says Gautam Adani
1 year, 10 months ago

FPO withdrawn due to market volatility, says Gautam Adani

The Hindu  

Billionaire Gautam Adani has said the decision to withdraw a fully subscribed share sale of the flagship firm of his group was primarily because of volatility in the market. Adani Enterprises Ltd's ₹20,000 crore follow-on public offer managed to get investors on the last day of the share close on Tuesday. But considering the volatility of the market seen yesterday, …

Adani Fpo Strong Focus
Adani-Hindenburg row: All 7 stocks trade in red despite FPO sailing through
1 year, 10 months ago

Adani-Hindenburg row: All 7 stocks trade in red despite FPO sailing through

Live Mint  

Adani-Hindenburg research row: Despite Adani Enterprises FPO getting subscribed over 100 per cent, all 7 Adani group stocks witness sell off pressure in early morning deals. Adani Power share price today opened lower and hit 5 per cent lower circuit within few minutes of market opening. Similarly, Adani Total Gas share price today opened lower and hit 10 per cent …

Stocks Price Share Group Cent Adani Fpo
’Myths of Short Seller’: Adani gives point by point reply to Hindenburg’s claims
1 year, 10 months ago

’Myths of Short Seller’: Adani gives point by point reply to Hindenburg’s claims

Live Mint  

The timing could not have been worse for Gautam Adani's ₹20,000 crore follow-on public offer which came at a time when investors were offloading their positions in the group's seven listed stocks extensively. In its report on January 24, the New York-based investment research firm said, "we reveal the findings of our 2-year investigation, presenting evidence that the ₹17.8 trillion …

India Research Indian Companies Stock Report Group
Adani Group responds to Hindenburg report, calls it ’malicious’
1 year, 10 months ago

Adani Group responds to Hindenburg report, calls it ’malicious’

Live Mint  

Adani Group termed a Hindenburg Research report on the group “malicious combination of selective misinformation and stale” after the US short seller revealed it held short positions in the group and made wide-ranging accusations. The report is a malicious combination of selective misinformation and stale, baseless and discredited allegations that have been tested and rejected by India’s highest courts,” Adani …

Report Group Adani Fpo Hindenburg