Browsing Tag
hindenburg report
Adani Group repays $2.15-billion loan due before March 31, prepays Ambuja Cements debt
In continuation of its prepaying the finance, the Adani Group has completed full pre-payment of margin-linked share-backed financing aggregating to $2.15 billion before March 31. Additionally, the promoters have also prepaid the…
Adani repays $2.15 billion loan taken pledging shares; prepays $500 million loan for Ambuja cement
Embattled Adani Group on March 12 said it has repaid loans aggregating $2.65 billion to complete a prepayment programme ahead of the March 31 deadline to cut overall leverage in an attempt to win back investor trust post a damning report of…
Adani group’s market value drops under $100 billion
Adani Group building.
| Photo Credit: The Hindu
The combined value of Adani Group’s 10 companies — including Adani Ports, Adani Green Energy and Power — fell below the $100 billion mark on February 21, weeks after a searing report by the…