Thu, Jul 06, 2023
The conglomerate led by Indian tycoon Gautam Adani has already announced plans to raise funds up to Rs 21,000 crore for two of its firms. While the group flagship Adani Enterprises aims to raise Rs 12,500 crore Adani Transmission will raise Rs 8,500 crore.
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Mon, Mar 13, 2023
The NSE and BSE have now placed two more Adani group companies—Adani Transmission and Adani Total Gas— under Stage-II of the long-term additional surveillance measures (ASM) framework.
Finance Minister Nirmala Sitharaman said, "The Life Insurance Corporation of India (LIC) has informed that its debt exposure to Adani Group of Companies, was Rs 6,347.32 crore and Rs 6,182.64 crore, as on December 31, 2022, and March 5, 2023, respectively".
Sun, Feb 26, 2023
Gautam Adani was worth US $120 billion before the Hindenburg report but now is ranked at number 30 on the world billionaire index with about US $40 billion net worth.
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