Tag: AdaniGroup
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Adani Group Stocks Plummet 17% Amidst Latest Hindenburg Report !
In summary, Shares of the Adani group experienced a decline of up to 17% during early trading on Monday, following new allegations made by the US-based short-selling firm Hindenburg Research. On Saturday, Hindenburg Research asserted that whistleblower documents indicate that Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (Sebi), held…
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SEBI Notice Sparks Controversy: Kotak Bank Fund and Hindenburg’s Alleged Short-Selling Against Adani !
Hindenburg Research criticized India’s markets regulator for its failure to address the alleged fraud in a report on the Adani Group last year. The short-seller claimed to have made gains of over $4 million during the market turmoil that followed the release of the report. According to Hindenburg, the Securities and Exchange Board of India…
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“Adani Enterprises to Invest ₹1.75 Lakh Crore in Airports Business Over Next Decade: Report”
According to the Economic Times, Adani Enterprises is set to invest approximately Rs 1.75 lakh crore ($21 billion) in its airports business over the next decade. This substantial investment will be overseen by Adani Airport Holdings, which currently operates seven airports in India. The initial phase of city-side development has already commenced at airports in…
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Adani AGM 2024: Gautam Adani Claims ‘Hindenburg Incident was a Defamation Attempt’
During the 32nd annual general meeting of the conglomerate, Gautam Adani, the Chairman of Adani Group, addressed the Hindenburg incident. He stated that the incident was an attempt to defame the conglomerate and was a two-sided attack that included vague criticism regarding their financial standing. Last year, a scathing report by a US shortseller, Hindenburg,…
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“Power Players: Gautam Adani and Mukesh Ambani Spearheading India’s Economic Ascendancy, Reveals Report”
New Delhi: India is poised to become a 21st-century economic powerhouse, offering an alternative to China for investors looking for growth and for reducing supply chain risks with Prime Minister Narendra Modi and industrialists Gautam Adani and Mukesh Ambani playing a fundamental role in shaping the economic superpower the country will become in the coming…
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Gautam Adani declares that we have become more robust, as he reflects on the anniversary of the Hindenburg report.
The group has emerged stronger after facing various challenges and difficulties over the past year. Despite these obstacles, the group has continued to grow, improve its asset base, and successfully launch important projects such as the Dharavi redevelopment. In order to overcome financial hurdles, the Adani group raised Rs 40,000 crore through stake sales and…
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“Adani Group Stocks Remain Resilient as Supreme Court Dismisses Petitions in Adani-Hindenburg Case”
Adani Enterprises, the leading company of the group, witnessed a significant surge of almost 5 percent in its shares during morning trading. Adani Total Gas experienced a remarkable increase of over 8 percent, while Adani Energy Solutions saw a notable rise of 9 percent. Adani group companies saw a reduction in their gains during afternoon…