Adani Enterprises

Shares of four Adani Group firms, including Adani Enterprises and Adani Ports bounced back on Friday after facing heavy drubbing in the past six days.

Private sector lender IDFC First Bank clarified to the exchanges on Thursday that the bank's funded outstanding toward Adani Group companies is only 0.06% of its funded assets as of December 2022.

TotalEnergies has a 37.4 per cent stake in Adani Total Gas Ltd and a 20 per cent holding in Adani Green Energy Ltd.

Ratings agency Fitch added that it expected no material changes to Adani Group's cash flow forecast.

Adani Enterprises shares were repeatedly suspended on the Bombay Stock Exchange, hitting multiple trading stops on the way to falling by 30 per cent before paring losses.

The Adani Group's market losses swelled above $100 billion on Thursday, sparking worries about a potential systemic impact a day after the conglomerate's flagship firm abandoned its $2.5 billion (Rs 20,000 crore) stock offering.

As many as three Adani Group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE

Lord Jo Johnson, younger brother of former British prime minister Boris Johnson, has resigned his non-executive directorship of a UK-based investment firm linked with the now-withdrawn Adani Enterprises Follow-on Public Offer (FPO).

Both houses of parliament were adjourned for the day amid calls by opposition parties for a discussion and an investigation into allegations of fraud against the Adani Group that have triggered an unprecedented stock crash.

Under-fire billionaire Gautam Adani insisted Thursday that the fundamentals of his conglomerate were "strong" even as shares in its companies plunged again after the group cancelled a multi-billion-dollar stock sale.

Billionaire Gautam Adani today said the fundamentals of his conglomerate are "strong" as he explained the decision to call off a blockbuster share sale amid plunging stocks after a US short-seller's critical report.

Adani Enterprises Ltd has called off its Rs 20,000-crore share sale, saying it would not be "morally correct" in the current market condition.

Adani Enterprises has called off its Rs 20,000 crore share sale due to prevailing market conditions, the company said on Wednesday, days after a rout in its stocks following criticism by a US short-seller.

Adani Enterprises Ltd has called off its Rs 20,000-crore follow-on share sale a day after it was fully subscribed, the company said in a statement.

At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.

Shares of four Adani Group firms, including Adani Enterprises and Adani Ports bounced back on Friday after facing heavy drubbing in the past six days.

Private sector lender IDFC First Bank clarified to the exchanges on Thursday that the bank's funded outstanding toward Adani Group companies is only 0.06% of its funded assets as of December 2022.

TotalEnergies has a 37.4 per cent stake in Adani Total Gas Ltd and a 20 per cent holding in Adani Green Energy Ltd.

Ratings agency Fitch added that it expected no material changes to Adani Group's cash flow forecast.

Adani Enterprises shares were repeatedly suspended on the Bombay Stock Exchange, hitting multiple trading stops on the way to falling by 30 per cent before paring losses.

The Adani Group's market losses swelled above $100 billion on Thursday, sparking worries about a potential systemic impact a day after the conglomerate's flagship firm abandoned its $2.5 billion (Rs 20,000 crore) stock offering.

As many as three Adani Group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE

Lord Jo Johnson, younger brother of former British prime minister Boris Johnson, has resigned his non-executive directorship of a UK-based investment firm linked with the now-withdrawn Adani Enterprises Follow-on Public Offer (FPO).

Both houses of parliament were adjourned for the day amid calls by opposition parties for a discussion and an investigation into allegations of fraud against the Adani Group that have triggered an unprecedented stock crash.

Under-fire billionaire Gautam Adani insisted Thursday that the fundamentals of his conglomerate were "strong" even as shares in its companies plunged again after the group cancelled a multi-billion-dollar stock sale.

Billionaire Gautam Adani today said the fundamentals of his conglomerate are "strong" as he explained the decision to call off a blockbuster share sale amid plunging stocks after a US short-seller's critical report.

Adani Enterprises Ltd has called off its Rs 20,000-crore share sale, saying it would not be "morally correct" in the current market condition.

Adani Enterprises has called off its Rs 20,000 crore share sale due to prevailing market conditions, the company said on Wednesday, days after a rout in its stocks following criticism by a US short-seller.

Adani Enterprises Ltd has called off its Rs 20,000-crore follow-on share sale a day after it was fully subscribed, the company said in a statement.

At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.