Billionaire Gautam Adani’s flagship firm plans to roll out its share sale as early as next week, according to people familiar, marking its return to public equity markets after a scathing short-seller report in 2023 derailed a previous plan.Adani Enterprises Ltd. is looking to raise about $1.3 billion through a so-called qualified institutional placement and … Read more
An aeroplane flies behind the Adani logo near a building construction site in Mumbai. Adani group is one of the India’s largest multinational company with a diversified business portfolio. Sopa Images | Lightrocket | Getty Images Shares of Adani Group fell on Monday, after a new report from U.S. short seller Hindenburg accused the chair … Read more
Indian equities are set to end the year with a record winning streak, with the drivers of the rally transcending the nation’s largest companies. Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs. Stocks related to real estate, industrials and capital goods are … Read more
