Jio-bp, a joint venture between Reliance Industries Ltd. and bp, is into fuel retailing, low-carbon alternatives, and modern convenience stores. File | Photo Credit: Getty Images Adani Total Gas Ltd. (ATGL) and Jio-bp, the operating brand of Reliance BP Mobility Ltd., have announced the signing of an agreement to for combining their strengths in auto fuel […]
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U.S.-based Fitch held that the debt of Adani group’s rated Indian entities as of end-December 2022 was offshore and largely secured, with U.S. dollar bonds maturing only from mid-2024, suggesting no immediate concerns about repayment. | Photo Credit: Reuters Global ratings agency Fitch said two Adani Group companies viz. Adani Ports & SEZ Ltd. and […]
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U.S.-based Fitch held that the debt of Adani group’s rated Indian entities as of end-December 2022 was offshore and largely secured, with U.S. dollar bonds maturing only from mid-2024, suggesting no immediate concerns about repayment. | Photo Credit: Reuters Global ratings agency Fitch said two Adani Group companies viz. Adani Ports & SEZ Ltd. and […]
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File photo of billionaire Gautam Adani | Photo Credit: Reuters Billionaire Gautam Adani-led promoter group has paid off all of the $2.15 billion loans taken pledging their shares in the conglomerate, and only debt at operating company level remains, Adani Group said seeking to assure investors of its ability to repay debt. Adani Group in […]
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“Parliament has entrusted SEBI with protecting investor interests, so it must do whatever it takes to meet that mandate and is moving to regulate index providers,” a senior government official told The Hindu. | Photo Credit: SHAILESH ANDRADE The government has squarely put the onus of regulating the practices of market index providers on the […]
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EPFO earmarks up to 85% of its equity investments into ETFs tracking the Nifty 50, which had added Adani Enterprises in September 2022. File EPFO subscribers are captive investors of two Adani stocks The aftermath of the Hindenburg Research report may have made several large investors rethink their exposures to the Adani group. But one […]
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An inside view of the Mangaluru International Airport. The Mangaluru airport is the first of six with the Airports Authority of India (AAI) that the Adani Group took over. | Photo Credit: Special Arrangement India’s Adani Airports, part of billionaire Gautam Adani’s conglomerate, will bid for more airports in the country in its ambition to […]
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Communist Party of India (Marxist) general secretary Sitaram Yechury addressing a public meeting marking the conclusion of the Statewide Janakeeya Prathirodha Yatra led by party State secretary M.V. Govindan in Thiruvananthapuram on Saturday. Accusing the Bharatiya Janata Party (BJP) branding those who raise questions against Prime Minister Narendra Modi and Adani Group head Gautam Adani […]
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The government has not set up any committee to probe allegations a U.S. short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on March 13. A separate investigation into imports of Indonesian coal by the conglomerate hasn’t reached finality, Minister […]
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Embattled Adani Group on March 12 said it has repaid loans aggregating $2.65 billion to complete a prepayment programme ahead of the March 31 deadline to cut overall leverage in an attempt to win back investor trust post a damning report of a U.S. short seller. In a statement, Adani group said it has repaid […]
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