The majority of Indian conglomerate Adani Group’s stocks fell on Monday as the company’s investor roadshow tour to appease investors kicked off in Asia, following after a short seller attack ...
Adani Group is on a roadshow to reassure international investors after the short-seller Hindenburg Research launched allegations of fraud. The hemorrhage in the empire of Indian billionaire Gautam ...
But now, the French company is sitting on a loss. Its shares are worth just $1.7 billion—down from $7.3 billion at the start of the year—due to the Hindenburg-driven rout in Adani Group shares.
Despite Adani Group’s denial of wrongdoing and debt prepayment in a couple of companies, banks and investors were not reassured. India’s widely diversified Adani Group conglomerate’s fast-paced ...
He started the year with a net worth of $121 billion, according to the Bloomberg index, marking this a nearly 67% loss in net worth. Forbes previously reported that Adani had been the third ...
The group stocks have taken a beating on the exchanges since the report by US-based short-seller Hindenburg Research came in January this year.
For instance, the reference HBA index for 6,332 kcal coal is $197, as announced for March 2023 and since the plant would consume 4,600 kcal coal, the effective free-on-board price would be $143 ...
LONDON, Feb 28 (Reuters) - Ocado Group OCDO.L, the British online supermarket and technology group, reported a worse-than-expected full-year loss, partly reflecting profits being wiped out at its ...
March 6 (Reuters) - Lordstown Motors Corp (RIDE.O) on Monday posted a bigger quarterly loss, as the electric-vehicle (EV) maker struggled with production costs and missed the delivery target for ...
The majority of Indian conglomerate Adani Group's stocks fell on Monday as the company's investor roadshow tour to appease investors kicked off in Asia, following after a short seller attack back ...