Sunday, July 1, 2018

Adani Group to raise Rs 5,000-6,000 cr via stake sale in subsidiaries

Adani Group to raise Rs 5,000-6,000 cr via stake sale in subsidiaries The company said the proceeds from the equity-raising program would be utilised towards strengthening the balance sheet position of group companies including deleveraging the power business.

from Moneycontrol Business News https://ift.tt/2lMybN5

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Adani Group stocks slide up to 14% on US SEC heat

Adani Group stocks saw a sharp decline on Friday. This followed news that the US SEC is seeking court permission to email summons to founder...