LIC’s debt exposure to Adani group stands at ₹6,183 cr: FM
Of this, the insurance giant's exposure is highest at ₹5,389 crore to Adani Ports & Special Economic Zone, says Sitharaman
Of this, the insurance giant's exposure is highest at ₹5,389 crore to Adani Ports & Special Economic Zone, says Sitharaman
MoS finance Pankaj Chaudhary says listed companies of the Adani group saw a 60% decline in m-cap after the Hindenburg report
Global evidence shows short-selling is an efficient tool to discipline financial markets and promote good corporate governance practices
The NSE has placed Adani Enterprises, Adani Power, and Adani Wilmar under the short-term ASM framework from March 9.
The rally in PSU Bank index was led by index heavyweights such as Union Bank of India, State Bank of India, Bank of Baroda, Punjab National Bank, which rose up to 7%.
They are conduits for money laundering, hiding money and properties and evading tax, thereby making a mockery of corporate governance.
Adani Total Gas shares have plunged 76% since the release of the Hindenberg report on Jan 24, followed by Adani Green, Adani Transmission, and Adani Enterprises, which lost between 69-53%.
Adani Power stops 5-day losing streak; hits upper circuit as investors buy the stock that has lost 45% in value in less than a month
The domestic market was among the few that generated positive returns in 2022. But the recent fall in stock prices seems to have shaken investor confidence. Will it get its mojo back?
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.