Despite Hindenburg Research s accusations of corporate fraud against billionaire Gautam Adani, his Adani Group, a diverse conglomerate, has rebounded impressively. Adani Group s market performance, marked by a remarkable one-day gain of Rs 1,92,645 crore on December 5, signifies a resurgence in market confidence, hitting an 11-month high of Rs 13.88 lakh crore market capitalisation. This surge suggests a turning point for Adani, signaling regained trust among investors.
The top 3 companies in BT500 list are consistent. The first spot has been taken by Reliance Industries Ltd (RIL) followed by Tata Consultancy Services (TCS) and HDFC Bank. Here are other firms
Adani Group is aiming to refinance as much as $3.8 billion worth of debt Adani is believed to repay at least $300 million on the original Ambuja facility.
Annu Kapoor who is awaiting the release of Non-Stop Dhamaal followed by Dream Girl 2 said, “Everyone is a struggler, even Mukesh Ambani” during an interview to a media outlet. Watch Business Today Visual Story to know about erstwhile reality show Antakshari’s host Annu Kapoor said about world’s 11 richest person