Hero MotoCorp. Share Price 3280.05 04:03 PM | 16 Nov 2023 102.21(3.21%) Tech Mahindra. Share Price 1207.20 04:03 PM | 16 Nov 2023 33.46(2.84%) Tata Consultancy Services. Share Price 3497.85 04:03 PM | 16 Nov 2023 93.55(2.74%) HCL Technologies. Share Price 1311.05 03:59 PM | 16 Nov 2023 34.40(2.69%) Infosys. Share Price 1444.90 04:03 PM … Read more
Shares of Adani group firms Adani Green Energy, Adani Energy Solutions and Adani Power jumped up to 12% in Friday’s trade on BSE amid reports that Abu Dhabi National Energy Co. PJSC (TAQA) is looking to double down in India and is evaluating a large exposure in the expansive power businesses of Gautam Adani that … Read more
MUMBAI – Adani Green Energy Ltd has cancelled the board meeting on Wednesday, scheduled to consider and approve fundraising options, the company said in an exchange filing. “It may please be noted that on account of non-availability of directors, the meeting of the board of directors is now cancelled,” the release said. The next date … Read more
MSCI ESG Research said on Friday it recently changed some of its environmental, social and governance assessments of Adani Group entities, after the Indian conglomerate was caught up in a short-selling storm in recent weeks. Seven listed Adani Group companies lost over $100 billion in market value combined after a Jan. 24 report by Hindenburg … Read more
dani Transmission and Adani Total Gas have been moved to the stage-II of long-term additional surveillance framework by the National Stock Exchange from stage-I. The move will be effective from Monday, read a circular of the exchange. Earlier this week, the exchange had moved Adani Green Energy and New Delhi Television to the stage-II surveillance … Read more
Promoter entities in Adani Transmission and Adani Green Energy have pledged additional shares with SBI Trustee Company on March 6, according to the disclosures on the exchanges. In Adani Green Energy, 1,56,65,500 shares or 0.99% more stake has been pledged. With this, a total 2% stake is pledged with SBI Trustee. The release did not … Read more
NEW DELHI: Star NRI investor Rajiv Jain-owned GQG Partners’ Rs 15,446 crore bold bet on troubled Adani stocks has yielded him a smart return of 20% or over Rs 3,100 crore in a span of just two days. The market value of Jain’s investment in 4 Adani stocks – Adani Enterprises, Adani Ports and Special … Read more
Mumbai: Adani Group on Thursday said US-based boutique investment firm GQG Partners has picked up equity stakes worth $1.87 billion (₹15,446 crore) in four listed group companies – Adani Ports and Special Economic Zone, Adani Green Energy, Adani Transmission and flagship Adani Enterprises – via secondary share sales. These transactions took place through a series … Read more
Mumbai: The Adani Group has received firm commitment for $800m debt facility, which will be used to refinance the Adani Green Energy‘s $750 million 4.375% bond due in September 2024 and can finalise the term sheet in next five days, the management informed investors, said two fixed income investors who attended the roadshow. This week … Read more
The asset management unit of JPMorgan Chase & Co. has wiped its ESG portfolios clean of their exposure to the Adani empire. The move, captured by an analysis of data compiled by Bloomberg, comes as a number of major investment firms such as BlackRock Inc. and the fund management unit of Deutsche Bank AG, DWS … Read more