[ad_1] Business Asia A short seller’s allegations of fraud by Gautam Adani’s conglomerate center on whether his family wielded influence over Mauritius-based investors [ad_2] Source link
Tag: Adani Enterprises
Losses From Adani Stock Rout Top $100 Billion
[ad_1] Shares of companies linked to Indian billionaire Gautam Adani continued to slide after his namesake conglomerate canceled a planned share sale worth more than $2 billion. [ad_2] Source link
Adani Group: Your Guide to the Indian Company’s Stock Market Rout
[ad_1] Markets How a short seller’s report led to a $100 billion slide in stock prices [ad_2] Source link
Adani headache grows: flagship sinks 28%, group scraps its FPO
[ad_1] This came a day after its FPO had scraped through with non-institutional investors, including HNIs and family offices of industrialists, chipping in. And hours after Swiss lender Credit Suisse…
Adani Enterprises calls off Rs 20000 crore FPO, to return money to investors
[ad_1] The board of Adani Enterprises Ltd on Wednesday decided not to go ahead with the fully subscribed follow-on public offer (FPO). The official statement read: “Given the unprecedented situation…
Adani Group Saga Is Credibility Test for India’s Markets, Institutions
[ad_1] How New Delhi reacts to fraud allegations by a short seller against one of India’s largest conglomerates will have a major impact on foreign investors’ perception of the country’s…
Adani Plans $1.1 Billion Loan Repayment After Share Collateral Plummets
[ad_1] Markets Selloff in Adani stocks slows after Indian exchanges limit daily swings [ad_2] Source link