BIZARRE: 15 - You Need To See This

American investment fund led by the anti-Cathie Wood rides to the rescue of Indian tycoon accused of fraud

Star fund manager Rajiv Jain invested $1.9 billion in Gautam Adani's industrial conglomerate, just when the beleaguered business magnate needed it the most.

Fortune · Mar 3, 2023

Sensex, Nifty rally on firm global cues: Key factors behind stock market surge

NEW DELHI: Equity indices surged on Friday, logging weekly gains with the benchmark BSE sensex rising 900 points amid value buying across sectors.

The Times of India · Mar 3, 2023

Star investor Rajiv Jain bets $1.9 billion on embattled Gautam Adani empire

MUMBAI: Adani Group’s stocks surged on Friday after winning a vote of confidence from one of the biggest names in emerging-market investing, helping cap the Indian conglomerate’s best week since late January when a US short-seller’s explosive report triggered an unprecedented rout.

The Times of India · Mar 3, 2023

Adani vs Hindenburg Case: Supreme Court orders setting up of committee headed by ex-apex court judge

Supreme Court orders setting up of committee headed by ex-apex court judge in Adani-Hindenburg Case. Read further on Dynamite News

Dynamite News · Mar 2, 2023

Roadshows, $3 billion credit from sovereign wealth fund: What Adani Group is doing to restore investors' trust

NEW DELHI: The Adani Group is trying all means to win back investors' confidence in the aftermath of a massive stock rout that has eroded over $140 billion of its market value since January 24.

The Times of India · Mar 1, 2023

All Adani stocks end higher first time since Hindenburg report

All 10 Adani Group stocks closed higher, the first such occurrence since the explosive report by US short-seller Hindenburg Research in late January sparked an unprecedented rout in the conglomerate’s shares.

The Times of India · Mar 1, 2023

Modi govt allowed Adani coal deals it knew were ‘inappropriate’

The Modi govt brought in laws that helped the Adani Group keep its ‘coal-scam era’ deals.

Al Jazeera · Mar 1, 2023

'Why Adani group is an example of bad business practices and not a con'

NEW DELHI: Gautam Adani-owned Adani Group, and specifically it flagship firm Adani Enterprises hold massive amount of debt and is overleveraged, valuation guru Aswath Damodar said in a blog post as the group as a whole reels under pressure in the aftermath of the Hindenburg report.

The Times of India · Feb 28, 2023

Lenders maintain Adani Enterprises' credit limits despite Hindenburg report allegations

NEW DELHI: A group of lenders, led by the State Bank of India (SBI) conducting an annual review of Adani Enterprises Ltd (AEL), have decided to maintain the credit limits previously sanctioned for Gautam Adani's flagship company, the Economic Times reported quoting two sources on Tuesday.

The Times of India · Feb 28, 2023

Supreme Court rejects plea to gag media from reporting Adani-Hindenburg issue

The Supreme Court on Friday clarified that it will not issue any injunction against the media for reporting on the Hindenburg report against the Adani Group. Read further on Dynamite News:

Dynamite News · Feb 24, 2023