Adani Group
- Mumbai
Axis Bank clarifies it remains comfortable with exposure to Adani Group
Mumbai: Axis Bank on Saturday clarified that the lender remains comfortable with its exposure to the Adani Group.In a statement shared with exchanges, the lender wrote, “We extend credit, basis comfort on…
- India
All eyes on united Oppn’s Adani strategy next week in Parliament
New Delhi: The usually scattered opposition, both inside and outside Parliament, seems to be uniting on the issue of the Adani group. Due to the solidarity of the opposition parties, the discussion…
- India
Rahul Gandhi’s prediction about `Adani bubble’ came true: Digvijaya
Bhopal: Congress leader Digvijaya Singh on Saturday said Rahul Gandhi had predicted that the meteoric rise in the share prices of Adani group firms was a “bubble” which would burst soon. Adani…
- India
Adani row: Financial markets highly regulated, Centre monitoring situation, says BJP
Indore: Amid the raging controversy over Adani Group’s stocks, the BJP on Saturday said financial markets are highly regulated and the Centre is closely monitoring the situation. Stocks of the Adani Group…
- India
Regulators will do their job on Adani issue: FM Sitharaman
Mumbai: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday said India’s macro fundamentals and economic image are not affected by the Adani Group’s withdrawal of its Rs 20,000 crore…
- India
Adani returns to world’s top 20 billionaires list as stocks of his firms rebound
Gautam Adani returned to the world’s top 20 billionaires list after the stocks of his four firms rebounded yesterday. All four stocks closed in the green on Friday. While Adani Enterprises recovered…
- India
Adani crisis: Banking sector resilient and stable, says RBI
Mumbai: Amid concerns over banks’ exposure to the embattled Adani Group, the Reserve Bank on Friday said India’s banking sector is resilient and stable, and the central bank maintains a constant vigil on…
- Business
SBI’s total exposure to Adani Group at Rs 27,000 cr; none against shares
Mumbai: SBI’s total exposure to the embattled Adani Group is 0.88 percent of the book or about Rs 27,000 crore, and the country’s largest lender does not envisage any setback on its…
- India
PIL in SC seeks prosecution of short sellers for ‘artificial’ crashing of Adani Group’s stock value
New Delhi: A PIL has been filed in the Supreme Court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US,…
- India
Adani group stocks rout ‘storm in a tea cup’: Fin Secy
New Delhi: The stock market turmoil created by rout in Adani group shares is a “storm in a tea cup” from a macroeconomic point of view, finance secretary T V Somanathan said…
- India
LIC, SBI’s exposure within permitted limits: Sitharaman on Adani issue
Union Finance Minister Nirmala Sitharaman on Friday responded to the Adani-Hindenburg issue in an interview with News18, citing the statements of the SBI and the LIC. She also reiterated that their exposure…
- India
Adani Enterprises to be dropped from Dow Jones sustainability indices
New Delhi: S&P Dow Jones has said it will remove Adani Group’s flagship firm Adani Enterprises from sustainability indices with effect from February 7 following a media and stakeholder analysis triggered by…
- India
No immediate impact on credit ratings of Adani Group: Fitch Ratings
Chennai: Global credit rating agency Fitch Ratings on Friday said there is no immediate impact on its ratings of Adani Group entities and their securities following a “short-seller report” alleging malpractices. Fitch…
- India
Adani falls off world’s top 20 billionaire list as net worth dips further
Gautam Adani whose net worth is continuously falling after the release of the Hindenburg report now lost the spot in the world’s top 20 billionaire list. Today, he lost over Rs 1680…
- Delhi
Adani issue: RS, LS adjourned as opposition demands discussion
New Delhi: Both Lok Sabha and the Rajya Sabha were adjourned on Friday till 2 and 2 30 pm respectively following an uproar by the opposition members demanding a discussion on the…
