Abu Dhabi’s IHC plans to invest $381 million in Adani Enterprises

[ad_1] Abu Dhabi’s IHC to invest $381 mn in Adani Enterprises The Indian conglomerate owned by Gautam Adani, has faced a deepening market rout that has led to losses of…

Adani FPO subscribed just 0.01% on day 1

[ad_1] The follow-on public offer (FPO) of Adani Enterprises on Friday opened for subscription with just a 0.01 per cent response from investors. The market price of the company’s shares…

Selloff in Adani Group Stocks Wipes Out $47 Billion in Market Value

[ad_1] Five of the seven listed Adani Group companies ended the day 16% to 20% lower, while India’s benchmark Nifty 50 index fell to a three-month low. [ad_2] Source link

Adani Group planning to take legal action against Hindenburg

[ad_1] The Adani Group on Thursday said it’s planning to sue Hindenburg Research which came out with a “maliciously mischievous” report alleging “brazen stock manipulation and accounting fraud scheme” over…

Adani Group Calls Fraud Allegations Baseless, Bemoans Stock Moves

[ad_1] Business Short seller Hindenburg Research accused the Indian conglomerate of wide-ranging fraud [ad_2] Source link