[ad_1] MUMBAI: The Adani family on Wednesday sold shares worth a little over $1 billion (Rs 8,372 crore) in two group companies through a series of secondary transactions on the stock exchanges.The stocks were purchased by US-based, Australia-listed GQG Partners. Money raised from the share-sale will be used to shore up liquidity and to strengthen … Read more
[ad_1] NEW DELHI: Leading bourse National Stock Exchange (NSE) on Tuesday raised the price band of four Adani Group firms, including Adani Power and Adani Transmission.The changes, which will be effective from Wednesday, will ensure that the price of the scrip cannot move upward or downward beyond a limit set for the day, according to … Read more
[ad_1] NEW DELHI: Billionaire Gautam Adani‘s group will raise Rs 21,000 crore (over $2.5 billion) through share sale in two group companies in the boldest comeback strategy after the ports-to-energy conglomerate was rocked by allegations of fraud levelled by a US short-seller.Adani Enterprises Ltd, the group’s flagship firm, plans to raise Rs 12,500 crore while … Read more
[ad_1] Shares of Adani Total Gas and Adani Transmission fell in morning trade on Friday. New Delhi: Shares of Adani Total Gas and Adani Transmission fell in morning trade on Friday after MSCI announced that the two companies will move out of the MSCI India Index with effect from May 31. The stock of Adani … Read more