[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…
Tag: Indian express
Sensex, Nifty fall in early trade; bounce back later
[ad_1] Equity benchmarks fell in initial trade on Thursday, but later bounced back to trade in the positive territory, amid firm global market trends and foreign fund inflows. The 30-share…
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…
Sensex jumps over 1,200 points post Budget announcements
[ad_1] Benchmark BSE Sensex zoomed over 1,200 points in the afternoon trade on Wednesday as market investors cheered the Union budget proposals presented by Finance Minister Nirmala Sitharaman in the…
Union Budget to give push to auto sales
[ad_1] The Budget announcement is set to give a push to the sales of automobiles with the finance minister Nirmala Sitharaman announcing a scheme to support state government and also…
LIC doubles down on Gautam Adani amid short seller row
[ad_1] State-controlled Life Insurance Corp. of India is spending about 3 billion rupees ($37 million) as an anchor investor in a $2.5 billion new share sale by Adani Enterprises Ltd.,…
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…
Adani FPO subscribed 1 pc on opening day
[ad_1] A follow on share sale of Adani group’s flagship company was on Friday subscribed just one per cent on the opening day as shares plunged after a scathing report…
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…
Material drop in NPAs of the banking system: RBI
[ad_1] The Reserve Bank of India has told the Supreme Court that its “resolute efforts have resulted in material decline in the Non Performing Assets (NPAs) of the banking system”.…