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Adani
International News

Banks pocket $12 million in fees in Adani’s mega share sale

February 2, 2023 Mariel Alumit

The fees are equivalent to around 0.5 per cent of the 200 billion rupees raised in Adani Enterprises Ltd.’s offering, said the people, who asked not to be identified as the information is private. Investment […]

Sebi
International News

Sebi meets ratings firms over Adani companies

February 1, 2023 Mariel Alumit

Assessors including Crisil, the local arm of S&P Global Ratings, made a presentation to Sebi in recent days, said the people, who declined to be identified as the discussions were private. Markets regulator Sebi met […]

companies
International News

JSPL, NTPC and Vedanta among 59 companies that submitted bids for 36 coal blocks

February 1, 2023 Mariel Alumit

This is the highest ever bids received since the launch of commercial coal mines auction in the year 2020, the ministry said, adding, a “total of six public sector companies had submitted the bids in […]

Price
International News

PM Netanyahu to attend ceremony marking Adani Group’s entry into Israel through Haifa port acquisition

January 30, 2023

Gautam Adani, the Founder and Chairman of the Adani Group, will also attend the ceremony at Haifa Port Temporary Cruise Terminal in this northern coastal city of Israel on Tuesday.Prime MinisterBenjamin Netanyahuwill attend a ceremony […]

billion
International News

Adani’s 413-page reply to Hindenburg after $51 billion wipeout

January 30, 2023 Mariel Alumit

The lengthy response comes ahead of the final few days of a $2.5 billion share sale by Adani Enterprises Ltd., which received overall subscriptions of 1 per cent on Friday. Indian billionaire GautamAdani‘s group published […]

Oil Ministry
International News

Oil Ministry accepts recommendations for pricing natural gas at 10 per cent of crude

January 30, 2023 Mariel Alumit

The oil ministry is seeking the views of the Niti Aayog and the ministries of finance, fertiliser, steel and power on the proposal. A final proposal after incorporating the suggestions from the Aayog and other […]

Price
International News

India market regulator increases scrutiny of Adani group: sources

January 27, 2023 Mariel Alumit

On Wednesday, the US short-seller said it held short positions in the Indian conglomerate, accusing it of improper use of offshore tax havens and flagging concerns about high debt, leading to a massive sell-off of […]

Price
International News

Adani rout deepens to $50 billion, pressuring Asia’s richest man

January 27, 2023 Mariel Alumit

The rout is piling pressure on the Indian tycoon as it erodes his net worth and threatens to sour investor sentiment toward the $2.5 billion share sale by his flagship firm Adani Enterprises Ltd.The selloff […]

Price
International News

View: What really worries Indians about Adani’s empire

January 27, 2023

Adani’s companies have not just been entrusted with a wide swathe of India’s infrastructure. They have become the government’s first choice as partners in multiple sectors that framers of our industrial policy have decided are […]

Price
International News

The Adani short sale puts investor trust in India in doubt

January 26, 2023 Mariel Alumit

The $12 billion slide in Adani shares following the report’s release shows that, at the very least, investors are a little skittish after a five-year, 2,500% rally in Adani Enterprises Ltd., the fulcrum of an […]

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