Adani Group
Stay current with all the latest and breaking news about Adani Group, compare headlines and perspectives between news sources on stories happening today. In total, 1,175 stories have been published about Adani Group which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news about Adani Group, compare headlines and perspectives between news sources on stories happening today. In total, 1,175 stories have been published about Adani Group which Ground News has aggregated in the past 3 months.
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Business · IndiaAdani Group has been hoping to claw back the narrative by choosing slow and steady growth over the breakneck, mostly debt-fuelled, expansion spree of recent years.
Adani pins hopes on 20 per cent earnings growth every year to repay USD 23 billion debt
67% Left coverage: 3 sources
Business · MundraStill reeling from the effects of Hinderburg's report and allegations of corporate fraud, Adani Group is reportedly stepping away from petrochemicals and is unlikely to proceed with the $4 billion greenfield project in Mundra, as per a Bloomberg report.
The coal-to-polyvinyl chloride project was to have a production capacity of 2,000 KTPA (kilo tonne per annum) once completed. However, the report appears to have thrown a spanner into the works.
Is Adani Group abandoning ambitious growth projects? This report claims so
100% Center coverage: 1 sources
Business · IndiaViral Acharya was Reserve Bank of India deputy governor between 2017 and 2019. Reliance Group, Tata Group, Aditya Birla Group and Adani Group have grown at the expense of smaller local firms, he said. Acharya suggested such conglomerates should be dismantled to increase competition.
Break Up India’s Biggest Firms, Ex-Central Banker Acharya Says
Coverage: 2 sources
Narendra Modi · New DelhiMallikarjun Kharge accuses Prime Minister of attempting an image makeover. Prime Minister Narendra Modi attacked the Opposition saying that all the corrupt elements have joined hands. Kharge: Are Lalit Modi, Neerav Modi, Mehul Choksi, Vijay Mallaya, Jatin Mehta, part of your corruption-free nation campaign?
Mallikarjun Kharge hits back at PM Modi over ‘corrupt coming together’ jibe
67% Center coverage: 3 sources
BusinessAdani Group has paid off all of the $2.15 billion loans taken pledging their shares in the conglomerate. Only debt at operating company level remains, Adani Group said seeking to assure investors of its ability to repay debt. The statement came after reports cited exchange filings showing banks not releasing a large portion of the promoters' shares held as collateral.
Adani group says $2.15 bn share-backed loans paid off, only operating co liabilities remain
100% Left coverage: 2 sources
BusinessAdani Power hit the upper circuit limit of 4.98 per cent, while Adani Ports climbed 7.25 per cent.
Adani group stocks jump after two days of fall; Adani Enterprises soars 8.75%
Coverage: 4 sources
Adani Group · IndiaThe conglomerate led by billionaire Gautam Adani is aiming to raise up to $1 billion in two tranches this year via such a route. The privately placed debt papers would be long term tenors in the range of 10-20 years, the people said. Two of the group companies including Adani Transmission and Adani Green may sell those proposed bonds.
Adani Met Pimco, BlackRock for Potential Private Bond Placement
Coverage: 2 sources
Adani GroupThe Employees’ Provident Fund Organisation (EPFO), which manages the savings of 27.73 crore formal sector employees, continued to invest in Adani Enterprises and Adani Ports and SEZ (APSEZ) The EPFO, which invests 15% of its corpus into exchange traded funds (ETFs) linked to the NSE Nifty 50 and the BSE Sensex, will continue to investment in the two Adani companies till, at least, September.
EPFO continues to invest in these 2 Adani group stocks despite stock market rout
50% Right coverage: 4 sources
