Adani group
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Unusual price movement in stocks of a business conglomerate: Sebi in wake of Adani crisis

The 10 listed Adani group firms have faced a combined erosion of over Rs 8.5 lakh crore in just six trading sessions. 

published on : 4th February 2023
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Adani's FPO pullout has not impacted India's image: FM Sitharaman

The finance minister also said that the RBI has already spoken out on the issue, referring to Friday's statement, which said the banking sector is resilient and stable.

published on : 4th February 2023
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SBI exposure to Adani Group about Rs 27,000 crore: Chairman

The country’s largest lender has not given loans against shares to the Adani Group companies and SBI will not be impacted by the recent crash in the shares of Adani firms.

published on : 4th February 2023
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RBI, govt bid to calm nerves on Adani stock

Sitharaman said in a television interview that government-owned financial institutions do not have overexposure in Adani group stocks.

published on : 4th February 2023
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Budget, Adani episode and balancing the economy

The problem with India’s elite is they tend to extrapolate their opinions to the rest of the people without realising that the concerns of the common person are often quite different.

published on : 4th February 2023
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Adani crisis: Banking sector resilient and stable, says RBI 

Stocks of Adani Group firms have taken a massive beating on the bourses after US-based short-seller Hindenburg Research made a litany of allegations in a report.

published on : 3rd February 2023
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France's Total says followed law in investing in Adani companies

TotalEnergies SE said its exposure to Adani Group companies was USD 3.1 billion of capital employed at the end of December, a small fraction of the energy giant's globe-spanning interests.

published on : 3rd February 2023
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Both houses of Parliament adjourned due to Opposition protests over Adani issue

Both Houses will meet on February 6 next.

published on : 3rd February 2023
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Adani Enterprises to be dropped from Dow Jones sustainability indices

It will make the changes to the Dow Jones sustainability indices, effective prior to the opening on February 7.

published on : 3rd February 2023
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Adani fiasco not to impact energy sector, says R K Singh

Singh said he won’t hesitate to invoke section 11 of the Electricity Act, if needed to supply disruption free electricity in peak of summer. 

published on : 3rd February 2023
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LIC’s investment in Adani firms falls by half in 6 trading sessions 

Since this Adani stock has nose-dived about 60% in last six sessions, LIC’s investment value here has reduced from Rs 25,500 crore as of January 24 to Rs 11,000 crore now.  

published on : 3rd February 2023
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Defending Adani, critiquing Hindenburg

Sitting in New York, how on Earth would Anderson be privy to the innermost working of a Byzantine company headquartered in Ahmedabad?

published on : 3rd February 2023
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Equities end on mixed note; global markets shrug off Fed rate hike

The rout in Adani group stocks continued to play havoc as benchmark indices gyrated sharply intra-day before recouping lost ground on buying in IT and banking stocks.

published on : 2nd February 2023
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RBI seeks details of banks' exposure to Adani Group

There has been selling pressure in banks' stocks since the Hindenberg Research's report released on January 24 as investors are concerned about the impact of the crisis on banks' books.

published on : 2nd February 2023
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Adani empire's Hindenburg report hit tops USD 100 billion

Further panic has seen big banks including Credit Suisse and Citigroup stop accepting Adani bonds as collateral for loans to private clients, according to Bloomberg News.

published on : 2nd February 2023
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What is Hindenburg Research, firm accusing Adani of fraud?

Hindenburg is back in the headlines after last week accusing Indian conglomerate Adani Group of "a brazen stock manipulation and accounting fraud scheme.

published on : 2nd February 2023
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Parliament adjourned over Adani row; Opposition parties seek JPC or SC-monitored probe

Several Opposition MPs have given suspension of Business notices to the respective Houses of Parliament on the issue. However, both Houses were adjourned soon after the Session began till 2 pm.

published on : 2nd February 2023
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Lok Sabha adjourned for the day over Adani issue

The rout in Adani group stocks has threatened the value of investments made by the Life Insurance Corporation (LIC) and public sector banks.

published on : 2nd February 2023
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Congress members give adjournment notices in LS to discuss Adani crisis, border skirmish

Tagore, the party's whip in Lok Sabha, said there is an emergency situation due to diminishing shares of the Adani group.

published on : 2nd February 2023
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Adani Enterprises calls off Rs 20,000 crore FPO; money to be returned to investors: Report

The announcement came a day after the company's FPO was subscribed fully on the last day of the offer on Tuesday.

published on : 1st February 2023
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