NEW DELHI (TIP): The Supreme Court on Friday, March 7, refused to halt the ongoing work on the Dharavi redevelopment project, which is being executed by Adani Properties Pvt Ltd. However, a Bench led by […]
NEW YORK (TIP): Moody’s Ratings has on Tuesday , November 26, 2024, affirmed the ratings of seven Adani Group companies from ‘stable’ to ‘negative’. In a statement the global rating firm said, “At the same […]
Ratings agency Fitch has said that two Adani Group subsidiaries are exposed to heightened contagion risks as a result of governance weakness at the conglomerate’s sponsor level. Adani Transmission Limited and Adani Ports and Special […]
Industrialist Gautam Adani’s fortunes have suffered a severe setback on concerns over corporate governance and accounting fraud, leading to Reliance Industries’ Mukesh Ambani replacing the Ahmedabad-based industrialist as the richest Indian. Adani lost Rs 3,000 […]
New Delhi (TIP)- The Adani Group plans to prepay a $500 million bridge loan due next month after some banks balked at refinancing the debt following a short seller attack that sent the group’s assets […]
New Delhi (TIP)- The Adani Group on Friday, December 30, acquired 27.26% equity stake in NDTV from its founders Prannoy Roy and his wife Radhika Roy for Rs 602.3 crore. “RRPR, an indirect subsidiary of […]
NEW DELHI (TIP): A dozen global banks are to bankroll Adani Green Energy Ltd’s under-construction renewable power projects with a $1.35 billion revolving credit line, the company said on Friday, March 19. The finance facility […]
Mumbai (TIP): Forty Indians entered the billionaires’ club in the pandemic-stricken 2020 to take the number of those in the coveted list to 177 people, a report said. Mukesh Ambani continued to be the wealthiest […]
© The Indian Panorama