Adani market losses snowball to $100 billion in delayed share sale
NEW DELHI, Feb. 2 (Reuters) – Indian shares of the Adani group fell on Thursday after market turmoil forced the…
Hindenburg bet against India’s Adani puzzles against US short sellers
Feb.1 (Reuters) – When Hindenburg Research revealed a short position in Adani Group last week, some US investors said they…
Adani waives $2.5 billion share sale as major blow to Indian tycoon
NEW DELHI, Feb. 1 (Reuters) – Flagship Gautam Adani called off its $2.5 billion share sale on Wednesday in a…
Gautam Adani loses Asia’s richest krone as share price plunge deepens to $84 billion
BENGALURU, Feb. 1 (Reuters) – Indian magnate Gautam Adani lost his title of Asia’s richest person on Wednesday as a…
Exxon crushes Western oil company profits by $56 billion by 2022
HOUSTON, Jan. 31 (Reuters) – Exxon Mobil Corp (XOM.N) posted a net profit of $56 billion for 2022, the company…
Adani’s crucial share sale 85% subscribed as institutions pumped funds
MUMBAI, Jan. 31 (Reuters) – Indian billionaire Gautam Adani’s $2.5 billion share sale moved closer to full subscription on Tuesday…
Adani’s $2.5 billion share sale looms on a pivotal day after the defeat
NEW DELHI, Jan. 29 (Reuters) – Gautam Adani faces a critical day on Monday as the second day of the…
Adani hits back at Hindenburg saying it did all the revealing
Adani publishes 413-page refutation of the Hindenburg Report The US short-seller’s report led to declines in Adani shares Adani says…
Exclusive: India’s Adani says $2.5 billion share sale on track even as bankers ponder changes
MUMBAI, Jan. 28 (Reuters) – A $2.5 billion share sale by India’s Adani Enterprises (ADEL.NS) remains on track at its…