adani stocks

Adani Energy shares in focus after transfer of Dahanu Thermal Power Station to subsidiary

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Adani Energy shares in focus after transfer of Dahanu Thermal Power Station to subsidiary

Adani Energy Solutions (AESL) shares are in focus today after the company announced that its material subsidiary, Adani Electricity Mumbai (AEML), has executed a business transfer agreement (BTA) with its wholly-owned subsidiary, North Maharashtra Power Ltd. (NMPL). The agreement, signed on September 26, 2024, facilitates the transfer of the Adani Dahanu Thermal Power Station (ADTPS) … Read more

NRI Rajiv Jain’s GQG to pay $500,000 penalty to settle US SEC charges

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NRI Rajiv Jain’s GQG to pay 0,000 penalty to settle US SEC charges

US-based NRI investor Rajiv Jain-led GQG Partners, best known in India for investing in Adani stocks, has been charged by the US Securities and Exchange Commission (SEC) for allegedly violating whistleblower protection rules. The boutique investment firm has agreed to settle charges by paying a $500,000 penalty. “The SEC’s order finds that GQG violated whistleblower … Read more

Adani stocks: Fresh Hindenburg allegations trip Adani stocks, some fall up to 7%

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Adani stocks: Fresh Hindenburg allegations trip Adani stocks, some fall up to 7%

Mumbai: Shares of Adani Group companies fell by up to 7% Monday as the sentiment soured following fresh allegations by the US-based short-seller Hindenburg that Sebi chief Madhabi Puri Buch and her husband, Dhaval Buch, held stakes in Bermuda and Mauritius-based offshore funds used by Gautam Adani’s brother, Vinod Adani, to “amass and trade large … Read more

Hindenburg claims it hardly made money by shorting Adani stocks & bonds

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Hindenburg claims it hardly made money by shorting Adani stocks & bonds

US-based short seller Hindenburg Research today admitted making $4.1 million revenue through gains made by shorting of Adani securities by its client but said it will hardly break even considering the costs of producing the research. “We have made ~$4.1 million in gross revenue through gains related to Adani shorts from that investor relationship,” Hindenburg … Read more

Kotak Bank shares fall as its name crops up in Adani-Hindenburg saga

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Kotak Bank shares fall as its name crops up in Adani-Hindenburg saga

After US-based activist investor Hindenburg Research said that Kotak Mahindra Bank created and oversaw an offshore fund structure used to bet against Adani stocks, shares of the private sector lender fell up to 2% to day’s low at Rs 1,768 on BSE. A show cause notice, ostensibly issued by Sebi, released by Hindenburg in the … Read more

Adani stocks surge up to 8%; Adani Green, Adani Wilmar among top gainers

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Adani stocks surge up to 8%; Adani Green, Adani Wilmar among top gainers

Adani Group stocks surged up to 8% in Thursday’s early trade after a Wednesday rout. The top gainer in the pack was Adani Green Energy which hit the day’s high of Rs 1,875 on the NSE. It was followed by Adani Wilmar and Adani Energy Solutions which were up 7%, each. The gains in Adani … Read more

Adani stocks: 3 Adani stocks prove invincible after 1 year of Hindenburg attack

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Adani stocks: 3 Adani stocks prove invincible after 1 year of Hindenburg attack

Exactly on this day a year ago, the Indian stock market had woken up to an explosive report from a hitherto unknown entity on Dalal Street. Before investors could finish reading the summary of the 106-page Hindenburg report, Adani stocks started falling like ninepins.In next seven trading sessions, as the issue erupted into a major … Read more

Adani stocks: Adani stocks in focus today as Supreme Court to decide whether Hindenburg was right

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Adani stocks: Adani stocks in focus today as Supreme Court to decide whether Hindenburg was right

NEW DELHI: Embattled billionaire Gautam Adani will face his moment of truth today as the Supreme Court will announce its verdict on the Hindenburg issue in which crores of investor wealth was lost. Last month, a Supreme Court Bench headed by Chief Justice DY Chandrachud had reserved its order on a batch of pleas last … Read more

Adani Ports receives ratings for planned bond issue

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Adani Ports receives ratings for planned bond issue

India’s largest private port operator Adani Ports and Special Economic Zone has moved one step closer to returning to the corporate bond market, as it has received ratings earlier this week for a planned debt issue. Rating agency ICRA has assigned AA+ rating for 100 billion rupees ($1.20 billion) of bonds of the company, while … Read more