Adani Group Stocks Slide After MSCI Says Reviewing Free Float
Adani Group stocks fell in Thursday trading after MSCIInc. said it is conducting a review into the amount of shares freely tradable in public markets. Still, MSCImade no mention of…
Adani to Prepay $500 Million Loan as Banks Balk at Refinancing
Indian conglomerate Adani Group plans to prepay another loan as some backs are hesitant to refinance the debt following the report by short seller Hindenburg Research that sent the group’s…
Adani Selloff Deepens as All 10 Group Stocks Decline
The stock rout in Gautam Adani’s indebted conglomerate entered a third week as its flagship firm suffered a fresh fundraising setback and a major credit rating agency downgraded the outlook…
Adani Latest: Billionaire Pulls Off a $2.5 Billion Equity Sale
Indian billionaireGautam Adani managed to pulled off a $2.5 billion equity sale for his flagship company, defying skepticism after his empire was rocked by fraud allegations by short seller Hindenburg…
Adani Rebuttal: Hindenburg Responds
Read more on bloomberg.com: z Hindenburg Research has responded to Adani Group’s lengthy rebuttal of fraud allegations, saying the company failed to answer most of their questions and attempted to…
Adani Rebuttal: Billionaire Responds to Hindenburg’s Allegations
Read more on bloomberg.com: z Indian billionaire GautamAdani haspublished a lengthyrebuttalof allegations of fraud by short seller Hindenburg Research. Annabelle Droulers reports on Bloomberg Television.—————@markets Follow Bloomberg for business news…
Adani Stocks Plunge, Extending Rout
Read more about this story on bloomberg.com: UHow Gautam Adani made his wealth: />Pershing Square’s Bill Ackman says he finds the fraud accusations against the Adani Group “credible.” Shares of…
Adani Group Evaluating Legal Action Against Hindenburg
The Adani Group said it is “evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research” after the short seller released a report…