Adani Stocks News
Adani ‘bribery’ case: Ex-Andhra CM Jagan Reddy refutes allegations, says ’somebody should be a fool to name me...’
Former Andhra Pradesh Chief Minister Jagan Mohan Reddy reportedly refuted the allegations of bribery and denied involvement, stating that nobody had said that he or somebody else had taken bribes.
2 min read28 Nov 2024Adani Group says companies have sufficient liquidity, assures investors about servicing debt obligations
Billionaire Gautam Adani-led conglomerate assured its investors that the cash reserves and profits are enough to service the debt obligations of the Group, reported PTI. With a cash reserve of ₹53,024 crore, they said it would be sufficient to cover the next 28 months of debt servicing needs.
3 min read25 Nov 2024Indian shares set to open higher after NDA’s victory in Maharashtra
INDIA-STOCKS/:INDIA STOCKS-Indian shares set to open higher after NDA’s victory in Maharashtra
1 min read25 Nov 2024Rising geopolitical tensions, Adani ‘bribery’ case add to Indian market’s woes — expert advice
Geojit Financial Services Head of Research, Vinod Nair sheds light on market outlook, geopolitical issues and its impact on the Indian stock market, along with other key drivers for medium to long-term trends.
2 min read24 Nov 2024LIC loses over ₹8,700 crore in seven Adani shares in a day on Gautam Adani’s civil indictment news. Here’s how
Gautam Adani news: LIC’s holdings in seven Adani stocks fell by over ₹8,700 crore due to a 20% drop in group shares after US prosecutors charged Gautam Adani in a bribery case. As of September 2024, LIC held stakes in several Adani companies
2 min read21 Nov 2024Gautam Adani Indicted In New York In Alleged Bribery & Fraud Case | Group Stocks Hit Lower Circuit
Billionaire Gautam Adani has found himself at the center of a multibillion dollar alleged bribery and fraud scandal Following the news, stocks of the Adani Group nosedived on Thursday, with some of them getting locked in the lower circuit. In this video, we break down what exactly happened. Watch!
21 Nov 2024Adani Energy Solutions shares tumble over 9%; here’s why
Adani Energy Solutions shares fell 9.3% to ₹975 after MSCI excluded the company from its Global Standard Index, citing concerns over its free float. The stock is now 27.4% below its August peak of ₹1,347.
1 min read7 Nov 2024Retail investor base shrinks in most Adani firms
Institutional investors remain confident about Adani’s long-term prospects.
3 min read16 Oct 2024Adani Power, Adani Green Energy stocks surge up to 6% after securing 6.6 GW hybrid solar and thermal order
Adani Power and Adani Green Energy are set to supply 6,600 MW of hybrid solar and thermal power to Maharashtra, bolstering their presence in the state and supporting India’s energy transition towards renewable sources, with significant gains in stock prices following the announcement.
3 min read16 Sep 2024Adani Group Calls Hindenburg’s Swiss Bank Accounts Allegation ‘Preposterous, Irrational, Absurd’
The Adani Group has strongly refuted Hindenburg Research’s claims regarding the freezing of funds in Swiss bank accounts. In a media statement on September 12, the group vehemently denied any involvement in Swiss court proceedings and asserted that authorities had sequestered none of its company accounts. Watch!
13 Sep 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared