Adani Group

Gautam Adani Lost More Money This Week Than Anyone Else in the World

Business | Alex Sazonov, Bloomberg | Friday June 18, 2021

Gautam Adani's personal fortune tumbling by about $13.2 billion to $63.5 billion after a media report raising questions about some offshore investors triggered a rout in his conglomerate's six listed stocks

Sensex, Nifty Snap Four-Day Winning Streak; Adani Group Shares Fall

Business | Edited by Abhishek Vasudev | Wednesday June 16, 2021

Nine of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Metal index's over 3 per cent fall.

We Know The Investors, But KYC Is Not For Us To Handle: Adani CFO To NDTV

India News | Written by Vishnu Som | Wednesday June 16, 2021

The Chief Financial Officer of Adani Group, in an exclusive interview to NDTV, has said that the group was aware of the identity of key investors in foreign portfolios which have invested heavily in the company.

Exclusive: After $7 Billion Loss In Stock Value, Adani CFO's Explanation

Business | Edited By Abhishek Vasudev | Wednesday June 16, 2021

Albula Investment Fund, Cresta Fund and APMS Investment Fund had invested in Adani Group's incubation entity Adani Enterprises well before 2010.

NDTV Exclusive: Adani CFO On Controversy Over Ownership, Investors

India News | NDTV News Desk | Wednesday June 16, 2021

A day after a bloodbath on Monday at the markets where shares of Adani Group fell as much as 25 per cent, amid reports that the National Securities Depository Ltd had frozen the accounts of three foreign portfolio investors.

Congress Asks Centre To Break Silence Over Adani Group Foreign Investors' Accounts

India News | Press Trust of India | Tuesday June 15, 2021

The Congress on Tuesday asked the government to break its silence over the National Securities Depository Ltd (NSDL) freezing the accounts of three foreign investor funds holding a sizeable stake in Adani Group companies and come out with the truth.

Adani Investors' Pain Point: Opacity Over Ownership

Business | Nupur Acharya and P R Sanjai, Bloomberg | Tuesday June 15, 2021

Shares of Adani's firms nosedived after a local media report said accounts of these funds -- owning about $6 billion of shares across the conglomerate -- were frozen by national share depository.

Sensex, Nifty Set To Open On Flat Note; Adani Group Shares In Focus

Business | Edited by Abhishek Vasudev | Tuesday June 15, 2021

The Indian equity benchmarks are set to open on a flat note on tuesday aas indicated by the Nifty futures traded on Singapore Exchange.

Adani Group Stocks Shed $6 Billion Despite Rejecting Reports On Investors

Business | Reuters | Monday June 14, 2021

Adani Group flagship Adani Enterprises closed down 6.3 per cent after plunging as much as 25 per cent, its steepest fall in nearly a decade.

Reports Of Foreign Funds Frozen "Blatantly Erroneous": Adani Enterprises

Business | Edited by Abhishek Vasudev | Monday June 14, 2021

Adani Group on Monday termed the report as "Blatantly Erroneous" which said that the NSDL has frozen accounts of three foreign portfolio investors

Adani Group Shares Dive As Depository Freezes Foreign Investors' Accounts

Business | Edited By Abhishek Vasudev | Monday June 14, 2021

Shares of Adani Enterprises rose over 10-fold in the past year until Friday, while Adani Transmission shares gained more than eight-fold

Adani Shares Fall On Report That Foreign Funds' Accounts Frozen

Business | Reuters | Monday June 14, 2021

The National Securities Depository reportedly froze the accounts of three foreign funds, which have a total investment of Rs 435 billion in Adani group companies

Billionaire Gautam Adani May Win Three More Slots on MSCI India Index

Business | Abhishek Vishnoi, Bloomberg | Thursday April 15, 2021

The group's flagship Adani Enterprises, gas supplier Adani Total Gas and power distributor Adani Transmission may get included in MSCI's country benchmark after the index provider's semi-annual review of its gauges in May

Adani Green Energy's Subsidiary Unit Commissions Solar Plant In Uttar Pradesh

Business | Edited by Nikita Prasad (With inputs from Agencies) | Wednesday April 14, 2021

Adani Solar Energy Chitrakoot One Limited - that commissioned the solar power plant in the UP district, is a subsidiary unit of Adani Green Energy Limited

Flipkart Enters Into Strategic Partnership With Adani Group to Strengthen Logistics, Data Centre Capabilities

ANI | Monday April 12, 2021

Flipkart on Monday announced a strategic and commercial partnership with the Adani Group, India's largest multinational infrastructure company.