Adani Transmission, Adani Ports and Special Economic Zone exposed to heightened contagion risks: Fitch

Adani Transmission, Adani Ports and Special Economic Zone exposed to heightened contagion risks: Fitch

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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Adani Transmission, Adani Ports and Special Economic Zone exposed to heightened contagion risks: Fitch

Adani Transmission, Adani Ports and Special Economic Zone exposed to heightened contagion risks: Fitch

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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Adani stocks slide again, flagship Adani Enterprises slumps 7% 

Adani stocks slide again, flagship Adani Enterprises slumps 7% 

File photo of Adani Group building at Adani Shantigram near Ahmedabad. | Photo Credit: Vijay Soneji Shares of Adani Group companies fell on Tuesday with flagship Adani Enterprises Ltd. slumping 7% on the BSE amid fresh concerns about debt repayment at the highly leveraged conglomerate. Other group companies including Adani Green Energy, Adani Total Gas, […]

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Himachal truckers say Hindenburg report a godsend in Adani dispute

Himachal truckers say Hindenburg report a godsend in Adani dispute

Truck drivers pose near parked trucks next to the Ambuja Cements Limited plant owned by Adani Group in Darlaghat, Solan district in Himachal Pradesh, on February 16, 2023. | Photo Credit: Reuters For truckers transporting cement from Adani’s factories in Himachal Pradesh, Hindenburg Research’s critical report on the giant conglomerate was a godsend they say […]

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Move to stifle any semblance of independent media: Congress on Adani’s NDTV stake

Move to stifle any semblance of independent media: Congress on Adani’s NDTV stake

Adani launched a hostile takeover of NDTV, first with an indirect acquisition of a 29.18% stake in the broadcaster followed by an offer to buy out a further 26% controlling stake Adani launched a hostile takeover of NDTV, first with an indirect acquisition of a 29.18% stake in the broadcaster followed by an offer to […]

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Abu Dhabi’s IHC invests ₹15,400 crore in Adani firms

Abu Dhabi’s IHC invests ₹15,400 crore in Adani firms

Abu Dhabi based IHC has invested ₹3,850 crore each in three Adani portfolio companies – Adani Green Energy Ltd. (AGEL), Adani Transmission Ltd. (ATL) and Adani Enterprises Ltd. (AEL) Abu Dhabi based IHC has invested ₹3,850 crore each in three Adani portfolio companies – Adani Green Energy Ltd. (AGEL), Adani Transmission Ltd. (ATL) and Adani […]

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