Congress leaders taken into custody during ‘Chalo Raj Bhavan’ protest in Vijayawada

[ad_1] APCC president Gidugu Rudra Raju being taken into police custody during the ‘Chalo Raj Bhavan’ protest in Vijayawada on Monday. | Photo Credit: G.N. RAO   The Congress activists led by their Andhra Pradesh unit president Gidugu Rudra Raju tried to lay siege to the Raj Bhavan on March 13 (Monday) as a part […]

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SEBI investigating market allegations against Adani group companies: MoS Finance

[ad_1] SEBI to investigate allegations against Adani group | File photo | Photo Credit: Reuters Regulator Securities and Exchange Board of India (SEBI) is investigating market allegations against Adani group, whose 9 listed companies saw a 60 per cent decline in their market capitalisation between January 24 and March 1, Parliament was informed on Monday. […]

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Adani repays $2.15 billion loan taken pledging shares; prepays $500 million loan for Ambuja cement

[ad_1] 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 […]

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Adani Group repays $2.15-billion loan due before March 31, prepays Ambuja Cements debt

[ad_1] In continuation of its prepaying the finance, the Adani Group has completed full pre-payment of margin-linked share-backed financing aggregating to $2.15 billion before March 31. Additionally, the promoters have also prepaid the $500-million loan facility taken for financing the acquisition of Ambuja Cements Ltd. In a statement, the Group said entire pre-payment programme of […]

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Adani Group repays share-backed financing worth ₹7,374 crore

[ad_1] The logo of the Adani group. File | Photo Credit: Reuters Embattled Adani Group on March 7 said it has repaid share-based financing of ₹7,374 crores (over $900 million) and will prepay all such remaining loans by the end of the month, as it looks to allay concerns over leverage and debt to win […]

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FPIs extend selling in Indian equities in February: NSDL data

[ad_1] FPIs offloaded Indian equities for a second consecutive month in February. File | Photo Credit: Reuters Foreign portfolio investors (FPIs) continued their selling streak in February, but selling moderated in the month after hitting a seven-month high in January, data from National Securities Depository Ltd. showed. FPIs offloaded Indian equities for a second consecutive […]

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Adani to hold fixed-income road shows in London, Dubai, U.S.

[ad_1] The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad. | File Photo | Photo Credit: Reuters Adani Group will hold fixed-income road shows this month in London, Dubai, and several cities in the United States, according to a document seen by Reuters, […]

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Supreme Court order on Hindenburg issue: Gautam Adani says truth will prevail

[ad_1] Adani Group Chairman Gautam Adani. File | Photo Credit: ANI Embattled tycoon Gautam Adani on March 2 welcomed the Supreme Court order of a time-bound probe into allegations levelled by Hindenburg Research against his group, saying this will bring finality and truth will prevail. Shortly after a Bench headed by Chief Justice D.Y. Chandrachud […]

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Sri Lanka gives nod to $442-million wind project of Adani Group

[ad_1] Adani Group’s Anil Sardana and Sri Lanka’s State Minister of Investment Promotion Dilum Amunugama at a ceremony in Colombo on February 22, 2023 to formalise the $442-million renewable energy project in northen Sri Lanka. Photo: Special Arrangement Crisis-hit Sri Lanka has approved a $442-million wind power project of Adani Green Energy, barely a month since […]

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