Adani Delays Dollar Bond Sale as Investors Push Back on Deal
Oct 15, 2024 · Adani Group may sell $1.5 billion worth of bonds by the end of February, mainly through the Adani Green Energy and Adani Energy Solutions Ltd. units and special purpose vehicles, people familiar ...
Adani Delays Dollar Bond Sale as Investors Push Back on Deal (1)
Oct 15, 2024 · Billionaire Gautam Adani ’s conglomerate postponed a dollar bond offering at the last minute after some investors pushed back on the pricing, in a rare instance of a borrower delaying a deal in the final stages of marketing. Units of Adani Green Energy Ltd., the group’s clean-energy business, had reached what’s called “ final price ...
Adani Group shares drop after Hindenburg's fresh allegations
Sep 13, 2024 · The new allegations follow a post made by Hindenburg on X (formerly Twitter) on Thursday. The short-seller claimed that an investigation dating back to 2021 has uncovered questionable financial dealings involving offshore entities connected to the Adani Group.
Swiss prosecutors freeze $310mn as part of Adani investigation
Sep 13, 2024 · Swiss prosecutors have frozen $310mn held at six Swiss banks by a person they suspect to be “a frontman” for Adani, the controversial Indian conglomerate fighting accusations of fraud.
$2.4 billion wiped off Adani shares after Hindenburg allegations ...
BENGALURU, Aug 12 (Reuters) - Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, faced another heavy share selloff on Monday after the shortseller accused...
News and Stories - Adani Group
Aug 23, 2023 · Adani group boosts investors confidence by onboarding strategic investors in Group Cos. Aug 23, 2023. Adani Group companies' net profit surges 70% Aug 23, 2023. From ports to mines, Gautam Adani wants all his businesses to go green. Aug 23, 2023. Adani New Industries raises $394 million from Barclays and Deutsche Bank. Aug 23, 2023.
India's Adani Enterprises raises $500 million via share sale, sources …
Oct 11, 2024 · Billionaire Gautam Adani's flagship firm Adani Enterprise has raised $500 million via a share sale to local insurance and mutual funds firms and an existing U.S. based investor, two sources with direct knowledge said. The share sale marks the company's return to equity markets after it scrapped a $2.5 billion plan in February last year following a short-seller Hindenburg's report accusing ...
What's happening with Adani Group? Hindenburg's fraud claims ... - NBC News
Feb 2, 2023 · Indian business tycoon Gautam Adani has lost tens of billions of dollars and his title as Asia’s richest man after short-selling firm Hindenburg accused him of fraud.
Adani: How the billionaire's empire lost $100bn in days - BBC
Feb 2, 2023 · Adani denies the allegations. But the group's companies have seen $108bn wiped off their market value over the past few days. Mr Adani himself has lost $48bn of his personal wealth, and is...
Latest Adani News and Stories | Adani Group
Latest Updates. Adani paves way for Brighter and Greener Mumbai, attains financial closure for its USD 1 Billion Green HVDC Transmission Link. Aug 07, 2023. Read More. ACC announces another robust quarter with YoY growth in EBITDA by 77% and 105% in PAT fuelled by volume growth and operational excellence. Aug 04, 2023. Read More.