[ad_1] The Adani Group stocks have recovered most of the losses incurred since the indictment of Gautam Adani and other group executives in the US last week. Adani Group stocks added ₹1.7 lakh crore in market capitalisation over the past week, with most companies posting gains of 10% to 30% during the week. Here’s a […]
Adani Enterprises, other group stocks see sharp fluctuations after extending Thursday’s losses – CNBC TV18
[ad_1] Adani Group stocks are witnessing sharp fluctuations in Friday’s trading session after initially extending losses from Thursday’s fall. Shares of Adani Enterprises, which opened 7% lower on Friday after a 23% drop on Thursday, saw a sharp recovery from the lows of the day and is currently trading with losses of just 0.5%. However, […]
Adani Ports, Adani Green unit outlook revised to ‘negative’ by S&P – CNBC TV18
[ad_1] Ratings agency S&P has revised the outlook on Adani Ports & SEZ, Adani Electricity and Adani Green Energy Ltd. Restricted Group 2 (AGEL RG2), a subsidiary of Adani Green Energy Ltd. The ratings agency said that the negative outlook on these entities indicates that their cash flows could be materially affected if their funding […]
Adani Group stocks fall up to 25% after bribery charges framed against Gautam Adani, other executives – CNBC TV18
[ad_1] Shares of all Adani Group companies ended Thursday’s trading session with losses of up to 25%, after the US District Court and the Securities & Exchanges Commission framed bribery charges against Gautam Adani and other executives of the group. Group companies lost ₹2.3 lakh crore in market capitalisation so far. Adani Ports shares ended […]
Adani Group calls allegations ‘baseless’; To seek all possible legal recourse – CNBC TV18
[ad_1] The Adani Group issued a media statement on Thursday, November 21, after a US District Court and the SEC charged Gautam Adani and other group executives of bribery over certain solar projects. Here is what the statement said: “The Spokesperson of Adani Group states that the allegations made by the US Department of Justice […]
Adani Bribery Case: Sagar Adani was served grand jury subpoena in 2023, electronic devices seized, as per court – CNBC TV18
[ad_1] Sagar Adani, Executive Director of Adani Green Energy was issued a search warrant in March 2023 by FBI Special Agents and was also served with a grand jury subpoena, the US District Court order indicated on Thursday, November 21. In or about March 2023, FBI special agents took steps in furtherance of the FBI […]
Significant setback for Gautam Adani after US court, SEC charge him, other group executives of bribery – CNBC TV18
[ad_1] Adani Group stocks will be in focus on Thursday, November 21, after a US District Court charged Gautam Adani, the group founder with participating in an alleged bribe plot. Here is what the US District Court Eastern District of New York said in its order: In or about and between 2020 and 2024, Senior […]