[ad_1] Listen to this article Your browser does not support the audio element. Fe Bureau The Adani Group is looking to sell 4-5% stake in Ambuja Cement for about $450…
Tag: Gautam Adani
Adani’s brother plays opaque, powerful role at embattled dynasty
[ad_1] In August, as India’s Adani Group neared the completion of its $10.5 billion purchase of two cement businesses, the conglomerate and its banks put out some particularly complicated filings.…
Adani decides against bid for stake in power trader PTC
[ad_1] By Baiju Kalesh, P R Sanjai and Suvashree Ghosh Gautam Adani has decided against bidding for a stake in state-backed electricity trader PTC India Ltd., people familiar with the matter…
Adani Group’s Moment of Truth
[ad_1] The conglomerate’s highly leveraged empire has become more dependent on foreign-currency debt in recent years. Now that largess is drying up. [ad_2] Source link
Hindenburg bet against India’s Adani puzzles rival U.S. short sellers
[ad_1] When Hindenburg Research revealed a short position in Adani Group last week, some U.S. investors said they were intrigued about the actual mechanics of its trade, because Indian securities…
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
Credit Suisse’s Private Bank halts margin loans on Adani bonds
[ad_1] Credit Suisse Group AG has stopped accepting bonds of Gautam Adani’s group of companies as collateral for margin loans to its private banking clients, a sign that scrutiny of…