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Adani Group

Kerala govt, once against Adani taking over airport operations in the state capital, raises Rs 400 crore for Adani Ports under Vizhinjam agreement: Details

Pinarayi Vijayan's government took a loan of Rs 400 crores from HUDCO to abide by the agreement with Adani ports.

Adani Group hires US firm Grant Thornton to conduct an independent audit of its companies: Reports

Citing sources, Reuters reported that Grant Thornton LLC will evaluate whether Adani Group complied with global corporate governance standards.

Adani Group hires top US legal giant Wachtell to fight against Hindenburg Research: Report

The Adani Group hired much sought-after Wachtell legal giant to fight it out against Hindenburg Research in US courts.

‘No pressure, deal was simple, straightforward’: GVK vice chairman refutes Rahul Gandhi’s allegation on Mumbai airport sale to Adani

GV Sanjay Reddy said that before Gautam Adani approached, the company was talking to other investors who had agreed to deal with the company, but they had many conditions. "Deal with Adani was very simple and straightforward," he said.

The Adani Group’s fall would only expose the business conglomerate, and it won’t trigger a crash like the bankruptcy of Lehman Brothers

The Hindenburg report on the Adani Group had the usual suspects scaremongering over a possible Lehman Brothers-like scenario.

SEBI responds to the Adani Group stock volatility, says it is committed to ensuring market integrity

SEBI said that the Indian market has demonstrated stability and is continuing to function in a transparent, fair and efficient manner

Not the first time an FPO has been taken back, won’t affect perception of India: Finance Minister Nirmala Sitharaman

Adani Enterprises decided not to go-ahead with its fully subscribed Follow-on Public Offer (FPO), with the Group chairman Gautam Adani stating on Thursday that it would not be "morally correct" to go ahead with the Rs 20,000-crore share in the current market condition. 

TMC MP Mahua Moitra lies about SBI’s exposure to Adani Group, deletes tweet on being called out

In a tweet, Mahua Moitra claimed, "SBI says Adani group owes it ₹27000 crores - a whopping 27% of its loan book. Finance Secretary says it is a storm in a cup."

‘Do not anticipate any difficulties for Adani Group to service its debt, they have a history of timely payment’: SBI Chairman says group’s exposure...

The SBI chairman Dinesh Khara said he doesn't envisage any challenge from Adani Group in meeting its debt obligations.

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