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Cong slams SEBI's probe into Adani matter, says India's institutions are 'failing its people'

New Delhi, Oct 6 (PTI) The Congress on Friday hit out at market regulator SEBI over its investigation against the Adani Group, alleging that India's institutions are failing its people under the Modi government and asserting that only a JPC could bring out the truth in the matter. ....

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Adani to slow down on dealmaking to focus on existing projects

India's ports-to-power giant Adani Group will go slower on acquisitions this year as the cost of capital has risen globally, the company said, signalling reduced dealmaking at the conglomerate which has rapidly grown by acquiring assets. Adani's listed shares in India have clawed back some $50 billion in its market capital after a rout triggered by US short-seller Hindenburg's ....

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Adani to raise $3.5 bn from share sale in three group cos

Billionaire Gautam Adani's conglomerate is looking to raise about $3 billion through an equity share sale to institutional investors in the boldest comeback strategy after the ports-to-energy group was hit by a damning report of a US short seller. ....

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Two Adani firms to raise up to $2.57 billion from market

Two Adani group companies including the Indian conglomerate's flagship firm announced plans on Saturday to raise up to $2.57 billion from the market, months after a short-seller report battered investor confidence and drove share prices down. India's Adani Transmission said its board approved a plan to raise up to Rs 8,500 crore ($1.0 billion) from the stock market. Adani ....

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Court probe of Adani shortseller saga tests India's institutions

India’s top court and markets regulator are facing their biggest opportunity to show the country’s determination to police its most powerful companies as they investigate the bombshell allegations lobbed at the Adani Group by Hindenburg Research. ....

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