Some Adani shares climb, after group’s market losses top $110 billion By Reuters

[ad_1] © Reuters. An activist of the youth wing of India’s main opposition Congress party holds a placard featuring Gautam Adani, chairman of Adani Group, during a protest against what they say are investments by Life Insurance Corporation (LIC) and State Bank of India (SB BENGALURU (Reuters) – Shares of some listed Adani group companies, … Read more

India’s Adani shares see extended sell-off as credit warnings kick in By Reuters

[ad_1] © Reuters. FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave BENGALURU (Reuters) – The sell-off in India’s Adani Group’s seven listed companies, where more than $110 billion in market value has already evaporated, continued … Read more

Adani Group plans to trim its capital spending plans -Mint newspaper By Reuters

[ad_1] © Reuters. FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave/File Photo (Reuters) – India’s Adani Group plans to trim its capital spending plans, newspaper Mint reported on Monday citing people close to the development, … Read more

India’s market regulator says markets stable amid Adani stock rout By Reuters

[ad_1] 2/2 © Reuters. FILE PHOTO: A woman walks past the logo of the Securities and Exchange Board of India (SEBI), at its headquarters in Mumbai, India, May 27, 2022. REUTERS/Francis Mascarenhas 2/2 MUMBAI (Reuters) – India’s market regulator on Saturday said that Indian financial markets remain stable and continue to function in a transparent … Read more

Adani Enterprises shelves $122 million bond plan

[ad_1] © Reuters. FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave (Reuters) – Adani Enterprises Ltd has shelved a plan to raise as much as 10 billion Indian rupees ($121.65 million), Bloomberg News reported on … Read more