Thu, Nov 21, 2024
Adani Group is once again in the news due to negative news, New York court has convicted many officials including Group Chairman Gautam Adani on serious charges of bribery and misleading investors, know what is the whole news.
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Fri, Sep 13, 2024
The Adani Group, an Indian business conglomerate, strongly refuted claims regarding the freezing of funds in Swiss bank accounts in a media statement on September 12. The group vehemently denied any involvement in Swiss court proceedings and asserted that authorities had sequestered none of its company accounts.
Tue, Aug 27, 2024
Positive outlook for India's port sector. Jefferies Report on Port Companies. Jefferies' Favorite Port Shares. Why did Jefferies' confidence increase?
Wed, Feb 08, 2023
Smriti Irani chosen the term "magic," which was used by Mr. Gandhi to describe industrialist Gautam Adani's quick rise under the Bharatiya Janata Party's rule.
Das said the banks lend money based on fundamentals of the project and not based on the market capitalisation of the company.
Tue, Feb 07, 2023
Congress leader Rahul Gandhi on Tuesday launched a scathing attack on the Narendra Modi-led government on the Adani issue. Rahul Gandhi spoke about how Adani became the world's second richest man, "In 2014, Adani used to be 609 on the list of richest people in the world. Then, as if by magic, Adani rose to second place," Rahul said. The Opposition leader also said people had asked him during his four-month “Bharat Jodo Yatra” how Adani had attained such success in so many sectors. “I was asked – ‘What is his relationship with the PM?’” Gandhi said.
Mon, Feb 06, 2023
S&P downgraded outlook on Adani Ports, Adani Electricity. S&P reduced the outlook from stable to negative. There is concern about the governance risk of Adani Group. The government can investigate the previous financial accounts of Adani Group. The Ministry of Corporate Affairs can review the disclosure. Adani Enterprises cancelled the day of raising capital from bonds.
How much risk in the shares of Adani Group? Why to stay away from Adani Group shares? What should investors do if they are in profit? Must watch this video of Anil Singhvi.
Sun, Feb 05, 2023
FPI flows are expected to remain volatile as Indian equities continued their large underperformance compared to global markets, Shrikant Chouhan, Head of Equity Research(Retail), Kotak Securities, said.
The exposure to Adani Group is primarily to the operating companies in sectors like ports, transmission, power, gas distribution, roads and airports, it said.
Sat, Feb 04, 2023
In the last two days alone, USD 8 billion in forex came in, the finance minister said during a post-Budget press conference.
Fri, Feb 03, 2023
Adani stocks have been making headlines day after day. Adani group companies have come under short-term additional surveillance measure framework of the BSE and NSE.
Adani Group's listed companies have lost over USD 100 billion in value in just over a week after short-seller Hindenburg Research's scathing report flagged concerns about the ports-to-energy conglomerate's debt levels and alleged stock manipulation, accounting fraud and the use of tax havens
Some shares of Adani Group's futures recovered. How much to trust this recovery? What to do in Adani Group shares? Know from Anil Singhvi.
These adverse developments are likely to reduce the group's ability to raise capital to fund committed capex or refinance maturing debt over the next 1-2 years.
As many as three Adani group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE, according to the latest data available with the exchanges on Thursday.
Another big blow to Adani Group. NSE put 3 shares of Adani Group on ASM. When will the decline in Adani Group's shares stop? What will happen in Adani Group shares today? Must watch this video.
Thu, Feb 02, 2023
Today the BSE Sensex rose 224 points to end at 59,932 level. Whereas, Nifty50 ended 6 points lower to close flat at 17,610 level.
After the Hindenburg report, Gautam Adani's difficulties are increasing continuously. Now other parties including Congress have demanded a JPC inquiry into the Gautam Adani Group crisis. What did Congress President Mallikarjun Kharge say on this issue? Watchin this video.
Adani stocks: According to Bloomberg, the group has also lost support of Credit Suisse and Citigroup.
What has happened with Adani Group in the last 24 hours? Is Citigroup too strict on Adani? How much did Adani Group's market cap fall? Know the complete details from Arman.
Credit Suisse gave zero lending value to Adani Group's bonds. Did the shares of Adani Group spoil the mood of the market? Are Adani Group's shares overshadowed by the budget? Know from Anil Singhvi.
Wed, Feb 01, 2023
Switzerland-based investment banking company Credit Suisse has stopped accepting bonds of Adani group as collateral for margin loans to its private banking clients. The Swiss lender’s private banking arm has assigned a zero lending value for notes sold by Adani Ports and Special Economic Zone, Adani Green Energy, and Adani Electricity Mumbai Ltd.
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