March 28, 2023 at 04:21 am Share BENGALURU (Reuters) - Shares of Adani Group companies tumbled on Tuesday after a report said the conglomerate was seeking to renegotiate terms of outstanding loans worth $4 billion taken last year to buy cement firms ACC and Ambuja Cemen...
The Adani Group's stocks have rebounded strongly since the release of a short-selling report inJanuary 2023. Four of the group's largest companies—Adani Enterprises,Adani Ports,Adani Green, and Adani Power—have gained over 100% from their lows.Adani Ports, the most widely held institutional ...
Shares of Adani Portsfell more than 8%, whileAdani Enterprises' shares were down more than 9%. The world's most-populous country started counting votes at 8 a.m. local time, withPrime Minister Narendra Modiprojected to win a rare third consecutive term. Over the weekend,local exit pollspro...
Notably, the National Stock Exchange (NSE) placed three companies of the group, including Adani Enterprises, Adani Ports and Special Economic Zone and Ambuja Cements, under short-term additional surveillance measure (ASM) framework. ASM is an initiative to enhance market integrity and safeguard the ...
The equity allotment reduces share of promoter Adani Enterprises in Adani ports to 75% from 77.5% earlierP.R. Sanjai
Infrastructure:Ports: Adani owns and operates several ports in India, facilitating the movement of goods and commodities.Airports: The Group has ventured into airport operations and management in India.Logistics and Warehousing: Adani is involved in logistics and warehousing services to support the trans...