Opposition leaders will hold a meeting on Monday morning to firm up their floor strategy for the second leg of the Budget session as they gear up to corner the govt on issues
Fund source, disclosures being examined
"On March 3, we downgraded our assessment of the Hindenburg-related controversy cases to 'moderate' from 'minor' following new developments in the relevant cases
Among reasons for the shift could be higher cost of servicing debt, bond holders' risk awareness making roll-over option expensive at the time of repayment, and reputation issues, writes T N Ninan
The accusations against Adani - some reported by local media years before Hindenburg dropped its report - come at an uncomfortable time for Mauritius
The shares of listed Adani group companies have witnessed huge volatility in prices after US-based short-seller Hindenburg's research report
Adani Group has been looking to ease concerns about its credit profile after a U.S.-based short seller noted high debt and alleged improper use of offshore tax havens and stock manipulation
Industry players said the GQG investment will provide a floor to Adani stocks and also ease concerns around promoter-share pledges
Adani firm has plans to build 10% of India's targeted RE capacity by 2030
Jain made it clear that he is always looking to "exploit the mispricing of long-tailed assets"
But a closer look at billionaire Gautam Adani's empire shows that while fears of a debt blowup in the next three years have receded, investors still have doubts
"This has today proved that the Modi government is corrupt and useless," AAP national spokesperson Sanjay Singh said
The Supreme Court of India also ordered the formation of an investor-protection panel amid sharp falls in the Adani group's shares
Adani tweeted: "The Adani Group welcomes the order of the Hon'ble Supreme Court. It will bring finality in a time bound manner. Truth will prevail"
Sebi told to investigate stock manipulation charges against group
On February 17, the Centre had told the apex court that they would submit their suggestions for the proposed panel in a sealed cover, but the court refused to accept it
When asked "Are you looking to refinance any debt?" on the sidelines of the Hong Kong roadshow Tuesday, Singh said: "No, we don't have anything major at all"
ITC's climb has accelerated this month, as Hindenburg Research's allegations against the Adani Group has made Adani Enterprises and Adani Ports & Special Economic Zone the index's worst performers
The Adani group of companies is under pressure since Hindenburg Research, a small firm in the United States, levelled certain allegations
As on December 2022, retail investors held between 1 per cent and 11 per cent in the 10 Adani group stocks