Adani slashes growth targets amid rout sparked by Hindenburg India’s Adani Group has halved its revenue growth target and plans to scale down fresh capital expenditure,... Published 13 Feb, 2023 02:11pm
Markets Singapore’s DBS says exposure to Adani group is ‘tightly managed’ SINGAPORE: DBS Group has a tightly managed exposure to India’s Adani group of companies, the chief executive of... Published 13 Feb, 2023 09:51am
Markets Indian shares fall ahead of inflation data; Adani stocks slide BENGALURU: Indian shares declined ahead of domestic retail inflation data due later on Monday, while an ongoing... Updated 13 Feb, 2023 05:03pm
Markets Indian market regulator to update fin min on Adani probe this week MUMBAI: India’s market regulator will update the finance ministry this week on its investigation into the Adani... Published 13 Feb, 2023 09:40am
Markets Indian shares fall on slowdown jitters, Adani group uncertainty BENGALURU: Indian shares declined on Friday, tracking a slide in global equities on fears that monetary policy... Published 13 Feb, 2023 05:57am
World Indian regulators aware of concerns on Adani issue, finance minister says NEW DELHI: Indian regulators are aware of concerns regarding the Adani Group conglomerate, the finance minister said... Published 11 Feb, 2023 01:52pm
Business & Finance Adani group firms pledge shares for lenders of flagship company: SBICAP Trustee Three Adani group companies have pledged shares for lenders to the Indian conglomerate’s flagship Adani Enterprises,... Published 11 Feb, 2023 10:29am
World India’s top court says investor interests must be protected after Adani report NEW DELHI: India’s top court, hearing two petitions related to large investor losses following a report by a U.S.... Published 10 Feb, 2023 06:11pm
Business & Finance Indian regulator probes Adani’s links to investors as Modi’s office is briefed MUMBAI/NEW DELHI: India’s market regulator is investigating Adani Group’s links to some of the investors in the... Published 10 Feb, 2023 04:56pm
Markets MSCI to cut weighting of four Adani firms in wake of Hindenburg report Index provider MSCI said it will cut the weightings of four Adani Group companies, including flagship firm Adani... Published 10 Feb, 2023 10:22am
Business & Finance Adani Total Gas Q3 profit rises on price hikes BENGALURU: India’s Adani Total Gas reported a 17.2% rise in quarterly profit on Thursday on price hikes and... Published 09 Feb, 2023 04:26pm
World Modi hits back at opposition after Adani furore NEW DELHI: Prime Minister Narendra Modi said on Wednesday that Indians will not swallow “lies and abuse” against... Published 09 Feb, 2023 07:03am
Business & Finance India’s Adani Wilmar profit rises 16%, shrugs off Hindenburg report impact CHENNAI: Fortune brand-owner Adani Wilmar on Wednesday reported a 16% increase in quarterly profit on higher demand... Published 08 Feb, 2023 05:05pm
Markets Adani crisis unlikely to pose credit risk for Indian banks MUMBAI: The exposure of Indian banks to the embattled Adani Group is not enough to impact their credit profiles, two... Published 08 Feb, 2023 01:35pm
Business & Finance Adani-owned NDTV's profit more than halves on advertising drop BENGALURU: Indian broadcaster New Delhi Television Ltd, part of the embattled Adani Group, said on Tuesday that... Updated 07 Feb, 2023 11:09pm
Business & Finance Adani Total expects to receive 2.2mn T at Dhamra LNG terminal in FY24 BENGALURU: Adani Total Private Ltd expects to receive 2.2 million tonnes of liquefied natural gas (LNG) at its... Published 07 Feb, 2023 09:20pm
Business & Finance India’s Adani-owned Ambuja Cements’ Q3 profit jumps on lower fuel costs India’s Ambuja Cements Ltd, owned by the embattled Adani Group, reported a 46% jump in quarterly profit on Tuesday... Published 07 Feb, 2023 04:35pm
Business & Finance India’s Adani Green Q3 profit more than doubles on robust power demand BENGALURU: India’s Adani Green Energy, the renewable energy arm of the embattled Adani Group, reported a more than... Published 07 Feb, 2023 04:25pm
Markets India’s Adani Enterprises shares rocket 25% MUMBAI: Shares in the flagship firm of troubled Indian conglomerate Adani rocketed as much as 25 percent Tuesday,... Updated 07 Feb, 2023 01:52pm
Markets Indian shares rise ahead of RBI’s rate decision; Adani stocks arrest slide BENGALURU: Indian shares rose on Tuesday, a day ahead of the Reserve Bank of India’s monetary policy decision, in... Published 07 Feb, 2023 09:37am
Business & Finance Adani crisis sparks protests and arrests; sell-off losses top $110bn NEW DELHI/MUMBAI: The crisis engulfing the Adani group intensified on Monday as dozens of members India’s main... Published 07 Feb, 2023 06:07am
Markets Indian shares fall on rate fears, Adani rout BENGALURU: Indian shares fell on Monday, dragged by tech after a strong US jobs report renewed fears of the Federal... Published 07 Feb, 2023 06:07am
Markets Adani shares dive again as Indian opposition stages demos MUMBAI: Investors dumped more Adani stock on Monday as India’s opposition staged protests calling for a full enquiry... Published 06 Feb, 2023 12:30pm
World Indonesia president warns regulator to boost supervision after Adani rout JAKARTA: Indonesian President Joko Widodo urged on Monday his country’s financial regulator to strengthen... Published 06 Feb, 2023 09:59am
Markets India’s market regulator says markets stable amid Adani stock rout MUMBAI: India’s market regulator on Saturday said that Indian financial markets remain stable and continue to... Published 04 Feb, 2023 05:54pm
World Adani Enterprises shelves $122mn bond plan Adani Enterprises Ltd has shelved a plan to raise as much as 10 billion Indian rupees ($121.65 million), Bloomberg... Published 04 Feb, 2023 03:11pm
World India's finance minister says markets 'well regulated' after Adani storm MUMBAI: Indian Finance Minister Nirmala Sitharaman said Friday her country's markets were "well regulated" and she... Published 03 Feb, 2023 05:59pm
Business & Finance TotalEnergies says Adani exposure ‘limited’ at $3.1bn PARIS: French oil and gas major TotalEnergies said Friday its capital exposure to troubled Indian conglomerate Adani... Published 03 Feb, 2023 05:50pm
Business & Finance India’s SBI says further financing to Adani projects to be evaluated on merit MUMBAI: State Bank of India, the country’s largest lender, said on Friday any further financing to projects of the... Published 03 Feb, 2023 04:55pm
Business & Finance India’s Adani tries to allay concerns as lenders step up scrutiny MUMBAI: India’s Adani Group has reached out to banks to try to allay their concerns as some consider tighter credit... Published 03 Feb, 2023 04:41pm