The development comes as the embattled conglomerate seeks to ease investor concerns about its credit profile; Adani Enterprise shares have surged 30% over the past two days
India is also pushing to avoid using the term "war" to describe Russia's invasion of Ukraine in official communique, G20 officials said
The conglomerate’s market value has dropped below the $100 billion mark in the ongoing sell-off triggered by the Hindenburg report
Regulators are said to be probing the sharp sell-off in Adani Group companies, while also looking into trade patterns and any potential irregularities in its now-shelved share sale
The iPhone-maker suffered its first drop in revenues since 2019, following Covid-related disruptions at its largest factory in China
Adani’s firm reportedly held extensive discussions with investment bankers and institutional investors over the weekend to attract subscriptions to the FPO
The government will work to relieve debt strain on power plants to make them fully functional in preparation for expected record consumption this year.
Friday's stock market rout dragged shares of group flagship Adani Enterprises 11% below the minimum offer price of the record share sale
The Securities and Exchange Board of India will study the report by Hindenburg Research and add it to ongoing inquiries into the group’s foreign portfolio investors and use of tax havens
Seven listed companies of the Adani conglomerate have lost a combined $50 billion in market capitalisation since Wednesday, following a report by US short-seller Hindenburg Research
Hindenburg says it looks for "man-made disasters," such as accounting irregularities, mismanagement and undisclosed related-party transactions
Approximately half of the small industries surrounding Delhi now use biomass, up from 15% in 2020