Disney in talks with Adani, Sun TV to sell India assets -Bloomberg News
BENGALURU (Reuters) -Disney has held talks with Indian billionaires Gautam Adani and Sun TV Network owner Kalanithi Maran as well private equity firms to sell its streaming and television business in the…
India’s Adani aims to close planned $4 billion fundraising by end-December-source
By Dhwani Pandya MUMBAI (Reuters) – India’s Adani Group is aiming to close its planned up to $4 billion fundraising before the end of 2023, and is actively talking to global investors…
India’s top court gives market watchdog 3 more months to finish Adani probe
By Jayshree P Upadhyay and Arpan Chaturvedi MUMBAI (Reuters) -India’s Supreme Court on Wednesday granted the country’s market regulator additional time till August 14 to complete its investigation into possible violation of…
MSCI to lower free float of two Adani companies
(Reuters) – MSCI will lower the free float of two of India’s Adani Group companies, Adani Total Gas and Adani Transmission in its May index review, the financial index provider said on…
Dollar bonds of India’s Adani Group firms inch higher
MUMBAI (Reuters) – The U.S. dollar-denominated bonds issued by entities of India’s Adani Group were trading marginally higher on Thursday, after a group company said it will consider a buyback of securities.…
Adani Group debt increases 21% over past year – Bloomberg News
(Reuters) – Adani Group’s debt pile rose almost 21% over the past year and the proportion held by global banks rose to nearly a third, Bloomberg News reported on Tuesday. Around 29%…
India’s Adani prepays $2.15 billion share-backed loans
(Reuters) – Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as part of its debt prepayment plan, before its deadline of March 31. The Gautam…
India’s Adani to hold fixed-income road shows in London, Dubai, US
DUBAI (Reuters) – India’s Adani Group will hold fixed-income road shows this month in London, Dubai, and several cities in the United States, according to a document seen by Reuters, as the…
Adani Group says balance sheet of companies “very healthy”
BENGALURU (Reuters) – Adani Group said on Monday the balance sheet of each of its portfolio companies was “very healthy” and that it has strong corporate governance and secure assets, amid a…
India’s Adani still eligible to be part of influential JPMorgan bond indexes
SINGAPORE (Reuters) -India’s Adani group of companies, which in recent weeks has seen a brutal selloff in its bonds and shares after being targetted by a U.S. short-seller, is still eligible for…
Analysis-Despite stupendous win on Adani, India short-selling boom unlikely
By Anshuman Daga, Scott Murdoch and Svea Herbst-Bayliss SINGAPORE/NEW YORK (Reuters) – Hindenburg Research’s spectacular short bet against India’s Adani group could lead other investors to consider using similar strategies in the…
India’s Adani calls off $2.5 billion share sale
NEW DELHI (Reuters) – India’s Adani Enterprises on Wednesday called off its $2.5 billion share sale, citing market conditions, a week after a U.S. short-seller’s critical report unleashed a rout in the…
Adani spotlight shifts to regulatory probes, response to allegations
By Kane Wu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) – India’s Adani Group may have passed a key test by raising $2.5 billion in the face of a short-seller attack, but…
MSCI seeks feedback on Adani Group over Hindenburg report
(Reuters) – Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of a report issued by short-seller Hindenburg Research. Seven listed companies…
India’s top banks say Adani exposure within RBI limits but remain watchful
By Nupur Anand and Siddhi Nayak MUMBAI (Reuters) – Some of India’s leading public sector banks said on Friday their exposure to the Adani Group was within the limits prescribed by the…
India’s Adani dollar bonds hit lowest since November
LONDON (Reuters) – Dollar bonds issued by entities of India’s Adani Group tumbled on Friday as a scathing report by a U.S. short seller triggered a rout in the conglomerate’s listed firms.…
India market regulator increases scrutiny of Adani group – sources
By Jayshree P Upadhyay (Reuters) – India’s market regulator has increased scrutiny of deals by the Adani Group over the past year and will study a report issued by short-seller Hindenburg Research…
India banks’ exposure to Adani Group is limited – CLSA, Jefferies
MUMBAI (Reuters) – Indian banks’ exposure to the Adani Group is within manageable limits, said brokerage houses CLSA and Jefferies, as the group fend off an attack from well-known short-seller Hindenburg Research.…
India’s Adani Group in talks to buy Jaiprakash’s cement unit for $606 million – Bloomberg
BENGALURU (Reuters) -India’s Adani Group is in advanced talks to buy debt-laden Jaiprakash Associates Ltd’s cement business for $606 million, Bloomberg News reported on Monday, citing sources. Separately, Jaiprakash Associates said its…
Factbox-Asia’s richest man Adani on deals spree in India, abroad
NEW DELHI (Reuters) – Indian billionaire Gautam Adani, Asia’s richest man, is making his biggest media bet with a bid to buy a majority stake in New Delhi Television (NDTV). Adani’s coal-to-edible-oils…
India’s Andhra state in $16 billion pacts involving Adani, GIC-backed Greenko – officials
By Aditya Kalra DAVOS, Switzerland – India’s Andhra Pradesh has signed renewables investment pacts worth a total of around $16 billion with three companies including India’s Adani and an affiliate of Singapore’s…
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