Adani-Sirius JV acquire cloud platform firm Coredge.io
Mumbai: Sirius Digitech Limited, a joint venture between the Adani Group and Sirius International Holding (Sirius), announced on Tuesday the signing of binding agreements to acquire Coredge.io Private Limited, a cloud platform company.
Mumbai: US-based short seller Hindenburg Research shared an early access copy of its report against the Adani Group of companies with New York-based hedge fund manager Mark Kingdon, two months before its publication, allowing realisation of profits from the share price movement, according to the Securities and Exchange Board of India (SEBI), media reported.
New Delhi/IBNS: Senior lawyer Mahesh Jethmalani, in a stunning claim that he has called a "smoking gun", has alleged that a businessman with Chinese links had commissioned the report by short-seller Hindenburg Research which led to shares of Adani Group companies taking a hit, reports NDTV.
Mumbai: The Kotak Mahindra group stated that Hindenburg Research was never a client of its K-India Opportunities Fund (KIOF) or Kotak Mahindra International Ltd (KMIL) and that the fund was unaware of the US short seller being a partner of any of its investors, Moneycontrol reported.
New Delhi: Hindenburg Research criticised India’s market regulator for not addressing the alleged fraud in its report on the Adani Group from early last year, stating it gained just over $4 million from the short-selling event that led to a massive market downturn for the conglomerate, Bloomberg reported.
Adani Ports bags 5-year O&M contract of container facility in Kolkata's Syama Prasad Mookerjee Port
New Delhi/IBNS: Adani Ports and Special Economic Zone Limited (APSEZ) announced that it has received the letter of intent (LOI) for the operation and maintenance (O&M) of the container facility in Kolkata's Syama Prasad Mookerjee Port, reports said.
Adani Group stocks continue to suffer losses, down up to 14%
Mumbai/IBNS: Adani Enterprises, Adani Ports, Adani Energy Solutions and other Adani Group stocks declined up to 14 percent on Wednesday (June 5), extending their sharp fall from previous session after Lok Sabha election results were declared, reports said.
Adani Group stocks report sharp losses as election trends defy exit poll predictions
Mumbai: Adani Group stocks witnessed a massive drop of nearly 18 percent on Tuesday, taking a big hit after experiencing substantial gains in the last couple of trading sessions.
Adani Group stocks surge, adding Rs 2.6 lakh crore in two sessions
Mumbai: Adani Group stocks continued their upward momentum for the second straight session on Monday, reflecting the bullish trend in Indian equities, following exit polls predicting the return of Narendra Modi as Prime Minister of India.
Gautam Adani replaces Mukesh Ambani as Asia's richest man on Bloomberg Billionaires Index
Mumbai: Billionaire Gautam Adani has reclaimed the title of Asia’s richest person from Reliance Industries Chairman Mukesh Ambani, according to the Bloomberg Billionaires Index.
Paytm, Adani Group quash report claiming Gautam Adani stake talks with Vijay Shekhar Sharma
New Delhi/IBNS: Both Adani Group and Paytm on Wednesday dismissed recent media reports claiming Gautam Adani was likely in talks with Vijay Shekhar Sharma, the founder chairman and managing director of Paytm's parent company One97 Communications, to acquire stake in the Indian fintech major.
Adani Enterprises to raise Rs 16,600 cr via QIP route
Mumbai: The board of Adani Enterprises has approved a plan to raise Rs 16,600 crore through the Qualified Institutional Placement (QIP) route, as announced in an exchange filing on Tuesday.
Adani Ports to replace Wipro in BSE Sensex on June 24
Mumbai: Adani Ports and Special Economic Zone Ltd (APSEZ) will replace Wipro Ltd in the 30-stock blue-chip S&P BSE Sensex starting June 24, according to an announcement made by the index operator on Friday, reported Reuters.
Rajiv Jain’s GQG sees 150% growth in Adani investments, reaching $10 billion: Report
Mumbai: Chairman and Chief Investment Officer of GQG Partners Rajiv Jain has witnessed a substantial 150 percent growth in his investments in the Adani Group over the past year, according to a Moneycontrol report.
New Delhi/IBNS: The Adani Group CFO has taken a dig at an investigating report claiming the conglomerate was involved in the alleged coal scam.