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January 30, 2023 in Indian Business News

Adani Group loses 29% market value in 3 days as carnage continues

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MUMBAI: The massive sell-off in Adani Group stocks continued for the third consecutive session on Monday, wiping out nearly Rs 1.4 lakh crore worth of investors’ wealth. In all, about 29% of the group ...

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January 29, 2023 in Indian Business News

Go First to get Rs 210 crore under govt’s credit line guarantee scheme: CEO

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MUMBAI: Wadia group-owned Go First expects to receive Rs 210 crore under the government's credit line guarantee scheme next month as the budget airline seeks to boost its financial position and expand ...

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January 28, 2023 in Indian Business News

Adani Group says $2.5 billion share sale on track even as bankers mull changes

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MUMBAI: A $2.5 billion share sale by India's Adani Enterprises remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources said bankers were considering changes ...

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January 27, 2023 in Indian Business News

Adani begins big share sale as short seller triggers $37 billion rout

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MUMBAI: Adani Enterprises Ltd began a record $2.45 billion secondary share sale for retail investors on Friday, as a heavy selloff in Adani group companies intensified after an attack by a US-based sh ...

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January 26, 2023 in Indian Business News

Adani says examining legal options against Hindenburg

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NEW DELHI: A day after Adani Group's shares took a beating as Hindenburg Research made damaging allegations against it, the group on Thursday said it is examining legal options to take "punitive actio ...

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January 25, 2023 in Indian Business News

Elon Musk defiantly defends himself in Tesla tweet trial

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SAN FRANCISCO: Elon Musk returned to federal court to defend himself against a class-action lawsuit that alleges he misled Tesla shareholders with a tweet about an aborted buyout that the billionaire ...

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