Tag Archives: Adani Group

NEW DELHI: PM Modi on Thursday launched a recent offensive towards the Congress, this time in Rajya Sabha, amid heavy and fixed sloganeering by the opposition events demanding JPC probe towards Adani group.Replying to the Movement of Thanks on President’s tackle in Rajya Sabha, PM Modi accused the Congress of …

MUMBAI: The Adani Group plans to prepay a $500 million bridge mortgage due subsequent month after some banks balked at refinancing the debt following a brief vendor report that despatched the group’s belongings tumbling.Barclays Plc, Normal Chartered Plc and Deutsche Financial institution AG are amongst banks that lent Adani $4.5 …

Indian banking is resilient and won’t be “affected by an individual case”, mentioned Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday, referring to lenders’ publicity to the Adani Group. Indian banks don’t lend cash on the premise of an organization’s …

NEW DELHI: Gautam Adani’s ports unit is contemplating to repay about 50 billion rupees ($604.6 million) of loans, because the beleaguered Indian tycoon seeks to trim debt after a brief vendor assault put his empire’s monetary well being and company governance underneath scrutiny.Adani Ports & Particular Financial Zone Ltd is …

Hedge funds and distressed debt specialists have scooped up bonds associated to Gautam Adani’s enterprise empire, a possible signal of encouragement for the group because it seeks to shore up confidence within the wake of a scathing short-seller report. Oaktree Capital Administration, …

Congress MP Rahul Gandhi speaks within the Lok Sabha throughout Finances Session of Parliament, in New Delhi, on February 7, 2023. | Photograph Credit score: PTI Alleging that authorities insurance policies are “tailor-made” to favour the Adani group, former Congress chief Rahul Gandhi on Tuesday requested Prime Minister Narendra Modi …

Business Standard Whereas nearly all vehicles that fell into that class value lower than bigger sedans and even mid-size SUVs, the underlying truism led to 2 realities Subjects automobile industry | Electric Vehicles | Electric vehicles in India To conclude, the federal government has articulated its encouragement for India to …

Opposition MPs stage a protest in entrance of the Gandhi statue demanding a Joint Parliamentary Committee into the Adani Group problem, on the Parliament premises, in New Delhi on Monday. | Picture Credit score: ANI Parliament failed to begin the dialogue on the Movement of Because of the President’s Tackle …

NEW DELHI: The selloff in Adani Group shares is stretching into a 3rd week regardless of efforts to stem contagion, spurring a flurry of bets in choice markets that will give merchants clues on how lengthy the declines will final.Six of the group’s 10 shares slid Monday, rising losses since …

Adani Company Home at Shantigram outskirts of Ahmedabad. File. | Photograph Credit score: VIJAY SONEJI In what’s probably a serious jolt to the Adani Group following the scathing Hindenburg report, in BJP-ruled Uttar Pradesh, a State utility scrapped a young value ₹5,400 crore for the availability of sensible meters. The State-owned …

NEW DELHI: Finance minister Nirmala Sitharaman has stated that regulators just like the Reserve Financial institution of India (RBI) and Securities and Change Board of India (Sebi) ought to all the time be “on their toes” and act in time to maintain the markets secure amid the rising disaster plaguing …

Artwork faculty trainer Sagar Kambli offers ultimate touches to a portray of Gautam Adani in Mumbai on February 3, 2023. | Photograph Credit score: AFP Caught between a row over the value of coal and this week’s crash in its share valuations and credit score scores, the Adani Energy challenge …