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Feb 2, 2023 · Indian business tycoon Gautam Adani has lost tens of billions of dollars and his title as Asia’s richest man after short-selling firm Hindenburg accused him of fraud.
- Mithil Aggarwal
- 1 min
Feb 2, 2023 · Shares of Adani Enterprises, the flagship company of his ports-to-energy conglomerate, were due to go on sale on 25 January in India's largest ever secondary share offering.
On January 31, the group decided to go ahead with Adani Enterprises’ ₹20,000 crore follow-on public offer (FPO), which was fully subscribed thanks to the many family offices that bought into...
Jan 29, 2024 · Adani Enterprises: Here’s what to expect from Adani group shares a year after Hindenburg report. The group’s combined market capitalisation is now hovering around Rs 14.5 lakh crore, after...
Feb 2, 2023 · Shares of Adani Enterprises, the flagship company of his ports-to-energy conglomerate, were due to go on sale on 25 January in India's largest ever secondary share offering.
Feb 3, 2023 · In a little over a week since New York-based investor research firm Hindenburg Research accused industrialist Gautam Adani-led conglomerate of “brazen stock manipulation and accounting fraud scheme over the course of decades”, shares of Adani Group companies have nosedived.
Feb 4, 2023 · On Wednesday, Adani Enterprises abruptly abandoned a $2.5 billion deal to sell shares, just 24 hours after it was sealed. Stocks of most Adani Group companies slumped again on Friday....