RIL investors suffer Rs 1.27 lakh crore loss as stock ends 7.5% lower
About Rs 1.27 lakh crore was wiped off of Reliance Industries Ltd's (RIL) investors as shares of the company ended 7.5% lower on BSE today as poll counting estimates showed…
Hindenburg-inflicted losses still weigh heavily on Adani stocks
About four months after US short-seller Hindenburg Research shook Indian financial markets with a bombshell report on the Adani Group, the conglomerate’s stocks are finding it hard to shake off…
Adani credit facilities expose collateral web full of red flags
Financing arrangements across the Adani Group conglomerate have sent a fresh chill through ESG markets as investors wake up to a new risk.Norway’s largest pension fund, KLP, recently dumped its…
Gautam Adani weighs $5 bn fundraise as banks urge deleveraging
Billionaire Gautam Adani is courting sovereign wealth funds in a push to raise roughly $5 billion in equity across his sprawling business empire after lenders asked the group to reduce…
Chart Check: Why this Adani group stock could touch fresh 52-week highs in next 6 months
Adani Enterprises, part of Adani Group Companies, rose a little over 50 per cent in the last year and chart patterns suggest that the upside is likely to continue. The…