Banks' risks from Adani exposure are limited but can increase if loans rise: Moody's
Domestic banks may become the main source of funding for the group, resulting in increases in banks' exposures to Adani, says Moody's.
adani group
February 2023
JP Morgan says Adani group eligible for its key indexes
The latest note by JP Morgan comes four days after Fitch said there's no immediate impact on the credit ratings of Adani group entities and securities after the Hindenburg report.
Ambuja Cements consolidated profit surges 13% YoY to ₹488 cr in Dec quarter
Ambuja Cements has reported an increase in its profit for the first time after being acquired by the Adani Group last year from Holcim Ltd.
Adani Ports Q3 profit drops 16% to ₹1,316 cr; revenue rises 17.5%
APSEZ is targeting FY24 revenue of ₹19,200-19,800 crore, while EBIDTA is projected in the range of ₹12,200-12,600 crore.
Adani Group to prepay $1.1 billion share pledges to reduce leverage
Gautam Adani-led conglomerate will reduce the overall promoter leverage backed by shares of listed Adani Group companies.
Surveillance measures to address excessive volatility: SEBI on Adani stocks
This is the market regulator's first statement after several Adani Group stocks witnessed an "unusual price movement" over the past 10 days.
$1.9 billion Adani Group dollar bonds to mature in 2024
This comes amidst reports that the group is engaging with lenders to prepay some of its commitments to revive investor confidence.
No immediate impact on credit ratings of Adani group firms: Fitch
The agency says it will be looking at any major changes to Adani group entities’ access to financing or cost of financing on a long-term basis.
3 Adani Group cos put under additional surveillance framework by NSE
The selloff in Adani Group stocks continued on Thursday, wiping off $108 billion from the conglomerate's market capitalisation in a week.
Adani stocks lose ₹1.32 lakh crore on Thursday
Before the opening of the Indian stock market, Gautam Adani through a video message assured investors that Adani Group has strong fundamentals, healthy balance sheet and robust assets.
