Mumbai: A rout in frontline Adani group stocks spoilt the party for the bulls who cheered the Budget, but were forced to retreat in the second half of the trading session on heavy selling in index counters like Adani Ports and Adani Enterprises, which slumped 17-27%, and its cascading effectRead More →
MUMBAI : Bankers on the $2.5 billion share sale of India’s Adani Enterprises are considering extending the sale or cutting the issue price after shares plunged on a U.S. short seller’s report, said three people familiar with the deal. Among the options the bankers are considering are to extend theRead More →
Adani Enterprises, the flagship company of Adani Group, raised ₹5,984.9 crore from 33 institutional investors, including Maybank Securities, Life Insurance Corp. of India, SBI Employees Pension Fund, SBI Life Insurance, HDFC Life Insurance, Abu Dhabi Investment Authority, Goldman Sachs Investment, and Morgan Stanley Asia. The investors bid for the anchorRead More →
Indian billionaire Gautam Adani-led group’s flagship firm, Adani Enterprises Ltd, on Wednesday announced the floor price for its follow-on public offer (FPO) to raise up to ₹20,000 crore. The company has decided on a floor price of ₹3,112 per equity share, which opens on 27 January. The cap price ofRead More →
The Adani group Friday announced that its open offer to acquire an additional 26% public shareholding in NDTV will open for subscription from November 22 to December 5. Vishvapradhan Commercial Pvt. Ltd (VCPL) with AMG Media Networks and Adani Enterprises Ltd have proposed to acquire an additional 26%, or 1.67Read More →
