Adani Group condemns Financial Times’ 'malicious' campaign to tarnish its global reputation
Continuing their relentless campaign, the next attack is being fronted by Dan McCrum of the Financial Times (FT), who jointly with the OCCRP put out a false narrative against the Adani Group on August 31, it said in a statement.
Adani Group: Too big to fail
Focused on sustainable and long-term value creation, the Group continues to work with the twin objectives of further deleveraging and looking at opportunities to expand and grow. The Group’s core strength lies in mega-scale infrastructure project execution capabilities and infrastructure is increasingly becoming central to India’s growth.
Adani Group market cap rises to a seven-month high; adds a whopping Rs 47,050 crore on Monday
Adani Group’s market capitalisation shot up to INR 11.5 trillion on Monday, a seven-month high. On Friday’s close, the group’s market capitalisation stood at Rs 11.02 trillion. The move has come after the promoters’ increased stakes in the two leading companies—the flagship incubator, Adani Enterprises Limited (AEL) and Adani Ports and Special Economic Zone (APSEZ).
Adani stocks see no impact of recent allegations
“It is an indication that the current prices factor in all the negatives and the market is ignoring all the incremental allegations. For the group as well as its investors, it could very well mean that the worst is over,” said experts.
Adani-Hindenburg matter: SC to consider fresh status report filed by SEBI on Sep 15
As per the details available on the official website of the apex court, a bench headed by CJI D.Y. Chandrachud is likely to take up the pleas for hearing on September 15.
Adani Group market cap jumps by Rs 12,675 crore
The total market capitalisation of the 10 listed Adani Group companies touched Rs 10.62 trillion, up from Rs 10.49 trillion in the previous closing.
Adani Group rejects OCCRP allegations on stock manipulation
“These claims are based on closed cases from a decade ago when the Directorate of Revenue Intelligence (DRI) probed allegations of over invoicing, transfer of funds abroad, related party transactions and investments through FPIs.
Adani New Industries Limited raises trade finance facility of USD 394 mn from Barclays, Deutsche Bank
Adani New Industries Limited (ANIL), a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one of the largest integrated green hydrogen businesses, including solar modules and wind turbine manufacturing.