Automotive component manufacturing company Belrise Industries’ IPO comprises solely a fresh issue of ₹2,150 crore.
Posts in category All News
Adani bonds fall, Vedanta’s issue may also face delay (22-11-2024)
Adani Green Energy’s March-issued bond offering 6.7% dropped as much as 15 cents, trading at 78/79 cents on the dollar in the early trades. This saw some recovery and closed at 82/83 cents from 94 cents Wednesday.
Phillips 66 Is Accused of Violating the Clean Water Act (22-11-2024)
The oil company was indicted on charges of dumping nearly 800,000 gallons of contaminated wastewater into the Los Angeles County sewer system.
GQG loses Rs 8,170 cr on Adani shares; also skids 20% on Australian bourse (22-11-2024)
Shares of GQG Partners plunged 20% on the ASX (Australian Securities Exchange) on Thursday, eroding nearly ₹8,100 crore (approx. US $950 million) or 16% of its market value.
Bitcoin climbs closer to $100,000 (22-11-2024)
Bitcoin has more than doubled in value this year and is up about 40% in the two weeks since Trump was voted in as the next US president and a slew of pro-crypto lawmakers were elected to Congress.
DoJ claims Adanis gave inaccurate info to investors, false declarations to exchanges (22-11-2024)
On March 17, 2024, the conglomerate’s corporate finance head had sent correspondence to a financial institution, with Sagar Adani in copy, stating that media coverage of the investigation by US prosecutors was “baseless,” “malicious” and “defamatory,” according to the indictment papers.
Heat’s now on for PSU banks with Adani Group exposure (22-11-2024)
Indian lenders account for more than ₹88,000 crore of the Adani Group’s total debt of ₹2.41 lakh crore as of March 31, 2024, according to a group presentation. Following the Hindenburg report in January 2023, several Indian banks and financial institutions had disclosed their exposure to the Adani Group.
Adani stocks take Rs 2.24 lakh crore hit (21-11-2024)
Ten out of the 11 Adani stocks fell 6% to 24% in Thursday’s trading. Shares of the flagship company Adani Enterprises declined the most at 23.44%, and Adani Energy Solutions and Adani Wilmar plunged 20% and 10%, respectively.
6 Airports in Northern Haiti Are Reopened to U.S. Flights (21-11-2024)
The Federal Aviation Administration said on Thursday it was allowing air traffic to resume at half a dozen airports in Haiti, but the country’s main flight hub in the capital would remain off limits.
Sterling & Wilson Solar Ltd. – Will the Sun Keep Shining? (21-11-2024)
Wondering if there is any impact on SW Solar because of Adani fiasco. Are there any projects from Adani group?
Disc: invested