MUMBAI, Feb 1 (Reuters) – India’s market regulator is examining a recent crash in shares of Adani Group and looking into any possible irregularities in a share sale by its flagship company,…
Tag: Adani
Nagging questions over the Adani empire won’t go away
On the surface it was a huge mismatch—David versus an army of Goliaths. Yet in a matter of days a report by Hindenburg Research, a fledgling short-selling firm, resulted in a fall…
Most Adani bonds rally after Group’s $2.5 billion share sale – Times of India
Most of the dollar bonds issued by the Adani group of companies gained for a second day Wednesday after its flagship sold $2.5 billion worth of shares in a fully subscribed follow-on…
Markets ‘overpricing’ Indian banks’ risk from Adani exposure – Societe Generale
SINGAPORE, Feb 1 (Reuters) – Markets are “overpricing” the risk to Indian lenders from their exposure to Adani Group, which was targeted last week in a report by short-seller Hindenburg Research, Societe…