Last Updated:January 16, 2025, 15:40 IST Indian benchmark equity indices, the BSE Sensex and Nifty50, rose at the market open on Thursday, supported by positive global cues. Stock Market Updates Sensex Today: Indian benchmark indices, the BSE Sensex and NSE Nifty50, extended their gains for the third consecutive session on Thursday. The 30-share Sensex rose…
Nate Anderson, declared the official disbandment of Hindenburg Research on January 15. Hindenburg Research shut down: Soon after Hindenburg Research founder announced that the firm would disband in the near future, Adani Group CFO has shared a cryptic post on social media platform X (formerly Twitter).In a post which could be seen as a reaction…
Last Updated:January 16, 2025, 12:04 IST Adani Group stocks surged by up to 9% on Thursday, January 16, following the announcement that Hindenburg Research Adani Stocks Rise Adani Stocks Rise Today: Adani Group stocks surged by up to 9% on Thursday, January 16, following the announcement that Hindenburg Research, the US-based investment firm known for…
Last Updated:January 10, 2025, 08:50 IST Adani Group on Thursday proposed an offer to offload up to 20 per cent stake in Adani Wilmar; Key details for investors Adani Group on Thursday proposed an offer to offload stake in Adani Wilmar Adani Wilmar OFS: Adani Commodities, one of the promoter entities of Adani Wilmar, has…
NEW DELHI: The Adani Group, that operates airports in seven cities including Mumbai and is building a greenfield one at Navi Mumbai, is expanding its presence in the aviation space. It is acquiring India’s biggest private sector MRI (maintenance, repair & overhaul) player Air Works for an enterprise value of Rs 400 crore. Adani Defence…
Currently, both Mukesh Ambani and his contemporary Gautam Adani, are confronting various challenges. India’s richest men, Mukesh Ambani and Gautam Adani, have seen their net worth drop below the $100 billion mark in the last few months. Currently, both Mukesh Ambani, who leads Reliance Industries Ltd, and his contemporary Gautam Adani, who established the Adani…
An entity majority-owned by embattled billionaire Gautam Adani, who was indicted in US courts last month, has pulled back from a loan pact valued at $553 million from the US International Development Finance Corporation, according to a company filing.“The project will be financed through the company’s internal accruals and capital management plan. We have withdrawn…
Mark Mobius said, “I think the Justice Department in the US probably overstepped its bounds. It has gone too far.” Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, has said that the US Department of Justice ‘overstepped its bounds’ in indicting Gautam Adani and other officials in the alleged bribery case. Mobius believes that the…
Adani Group founder-chairman Gautam Adani, his nephew and Adani Green Energy’s executive director Sagar Adani, and others are charged with executing a $265m bribery scheme linked to the business of Adani Green Energy. MUMBAI: French oil major TotalEnergies has announced suspension of additional investments in Adani Group companies pending the resolution of US bribery allegations…
Gautam Adani and seven other defendants allegedly consented to pay approximately $265 million in bribes. Gautam Adani, the founder and chairman of Adani group, along with his nephew Sagar Adani, have received summons regarding the US Securities and Exchange Commission’s (SEC) claims about paying $265 million (Rs 2,200 crore) in bribes for obtaining profitable solar…
