ADANI GROUP FPO NEWS
![Congress targets PM over report on Adani group 'taking' Chinese help in solar project](http://178.128.105.246/cars-https-img.etimg.com/thumb/msid-111363104,width-100,height-75,resizemode-4/news/politics-and-nation/cong-targets-pm-over-report-on-adani-group-taking-chinese-help-in-solar-project.jpg)
Congress targets PM over report on Adani group 'taking' Chinese help in solar project
Congress leader Jairam Ramesh criticized Prime Minister Narendra Modi on Saturday, pointing to a report that the Adani Group has selected eight Chinese companies for its solar manufacturing project. Ramesh emphasized the need for a strategy to reduce India's dependence on China and ensure taxpayer money does not benefit Chinese firms.
![Gautam Adani at AGM: Hindenburg 'short-seller attack aimed to defame, hurt us ... made us stronger'](http://178.128.105.246/cars-https-img.etimg.com/thumb/msid-111223429,width-100,height-75,resizemode-4/markets/stocks/news/gautam-adani-at-agm-hindenburg-short-seller-attack-aimed-to-defame-hurt-us-made-us-stronger.jpg)
Gautam Adani at AGM: Hindenburg 'short-seller attack aimed to defame, hurt us ... made us stronger'
The headwinds that tested us became the very ones that made us even stronger, Gautam Adani, the Chairman of the Adani Group, told shareholders on Monday, stressing that no challenge could weaken the foundations of the Group. Addressing the Adani Enter...
![Gautam Adani, Chairman of the Adani Group, addresses shareholders at the Adani Enterprises Ltd. AGM.](http://178.128.105.246/cars-https-img.etimg.com/thumb/msid-111221140,width-100,height-75,resizemode-4/news/india/gautam-adani-chairman-of-the-adani-group-addresses-shareholders-at-the-adani-enterprises-ltd-agm-.jpg)
Gautam Adani, Chairman of the Adani Group, addresses shareholders at the Adani Enterprises Ltd. AGM.
Gautam Adani, Chairman, Adani Group - address to shareholders on the occasion of Adani Enterprises Ltd. Annual General Meeting.Gautam Adani, Chairman of the Adani Group, addresses shareholders at the Adani Enterprises Ltd. AGM.
![Stocks in news: Zomato, Paytm, HAL, Som Distilleries, Adani Enterprises, TCS](http://178.128.105.246/cars-https-img.etimg.com/thumb/msid-111071036,width-100,height-75,resizemode-4/markets/stocks/news/stocks-in-news-zomato-paytm-hal-som-distilleries-adani-enterprises-tcs.jpg)
Stocks in news: Zomato, Paytm, HAL, Som Distilleries, Adani Enterprises, TCS
Sensex and Nifty hit new highs. NCLAT directs NCLT to re-hear APL Apollo Tubes insolvency plea. Reliance Jio's tech collaboration with TM Forum sees 80% resource increase. Police investigate child labor at Som Distilleries. Mahindra Lifespace targets sharp increase in sales. Lupin enters CDMO business. Alembic Pharma receives FDA approval.
![Adani group companies, LTTS among 19 companies in focus today & tomorrow](http://178.128.105.246/cars-https-img.etimg.com/thumb/msid-110956202,width-100,height-75,resizemode-4/markets/stocks/news/adani-group-companies-ltts-among-19-companies-in-focus-today-tomorrow.jpg)
Adani group companies, LTTS among 19 companies in focus today & tomorrow
Adani group companies and LTTS, among others, are in focus for corporate actions like dividends and AGMs this week.
![Stock Radar: Over 200% rally in a year! This multibagger Adani group company is a good buy-on-dips stock; here’s why](http://178.128.105.246/cars-https-img.etimg.com/thumb/msid-110706170,width-100,height-75,resizemode-4/markets/stocks/news/stock-radar-over-200-rally-in-a-year-this-multibagger-adani-group-company-is-a-good-buy-on-dips-stock-heres-why.jpg)
Stock Radar: Over 200% rally in a year! This multibagger Adani group company is a good buy-on-dips stock; here’s why
The power stock rose from Rs 255 in June 2023 to Rs 874 in June 2024, showing an upside of over 240% in a year. It has been gaining momentum in the past few months, rising over 13% in a week, more than 30% in a month and over 40% in the last 3 months.
- Go To Page 1
Stock Radar: Over 200% rally in a year! This multibagger Adani group company is a good buy-on-dips stock; here’s why
The power stock rose from Rs 255 in June 2023 to Rs 874 in June 2024, showing an upside of over 240% in a year. It has been gaining momentum in the past few months, rising over 13% in a week, more than 30% in a month and over 40% in the last 3 months.
Market Meltdown: Rs 30 lakh crore wiped off as poll verdict trend sends Sensex plummeting over 4,300 points
The broader NSE Nifty dropped 1,379 points or 5.93% to end at 21,884. Intraday, the indices fell as much as 8.5%, on track for their worst session since the onset of the Covid-19 pandemic. On Monday, the exit poll euphoria had helped indices jump over 3% on projections that the BJP-led alliance would likely get a two-thirds majority in the lower house. Barring the Nifty FMCG index, all the sectoral indices closed in deep red. Nifty Bank fell 8%, Realty fell 9.6%, PSU Bank fell 15%, while Oil & Gas fell 11.8% and Metal fell 10.6%.
Adani Group & ICICI Bank launch co-branded credit cards with airport lined benefits
Adani Group and ICICI Bank have joined hands to introduce co-branded credit cards offering airport-linked benefits, aiming to enhance customer experience across various businesses. The Adani One app, launched in December 2022, serves as a digital platform for booking tickets, accessing airport facilities, and more. The cards provide perks like Adani Reward Points on various spends, premium lounge access, free air tickets, discounts on duty-free shopping, and F&B expenses at airports.
Adani Enterprises approves Rs 16,600-cr QIP
On Monday, the board of group firm Adani Energy Solutions also approved raising up to Rs 12,500 crore through a QIP. The two companies will raise a total of Rs 29,100 crore or around $3.5 billion.
Adani Paytm report: Congress attacks PM Modi, says 'Paytm was Pay to Modi'
The opposition party Congress launched a blistering critique of the Prime Minister on Wednesday following reports suggesting that billionaire Adani might acquire a stake in Paytm. Following the release of the report regarding Adani and Paytm, both companies swiftly clarified their positions. One97 Communications addressed a media report on Wednesday suggesting that Gautam Adani, chairman of the Adani Group, may be contemplating acquiring a stake in Paytm's parent company, One97 Communications.
Not engaged in any discussions: Paytm issues clarification on report claiming Adani in talks to acquire stake in company
One97 Communications responds to speculation of Adani Group chairman Gautam Adani considering acquiring a stake in Paytm's parent company. The company clarifies that no discussions are ongoing, emphasizing compliance with SEBI regulations.
Adani Enterprises board approves Rs 16,600 crore fundraise via QIP
Following the Hindenburg crisis, the Adani Group is regaining momentum and transitioning back to a growth trajectory. Today, the board of Adani Enterprises has given the green light for a fundraising endeavor totaling Rs 16,600 crore through the Qualified Institutional Placement (QIP) route.
Adani Ports wins hot seat in Sensex as Wipro shown the door
S&P Dow Jones Indices on Friday announced that with effect from June 24, Wipro will be removed from the 30-share index and Adani Ports will take its place. BSE has also made some tweaks in the constitution of Sensex 50, Bankex, BSE 100 and Sensex Next 50 in the semi-annual rejig of indices.
Adani Enterprises, Adani Energy Solutions to consider fund raising next week
Adani Enterprises and Adani Energy Solutions are planning to raise funds via equity through board meetings next week. Adani Enterprises previously raised Rs 12,500 crore through a QIP in May 2023.
21 international organisations write to CJI for speedy resolution of Adani coal imports case in SC
The letter comes after a report by the London-based Financial Times, citing documents from George Soros-backed Organized Crime and Corruption Reporting Project (OCCRP), alluded to a "fraud" by the Adani Group by selling low-grade coal as high-value fuel in 2013.
Financial Times report against Adani Group is just for noise: Cantor Fitzgerald
Cantor Fitzgerald dismisses recent Financial Times report on Adani Group as market noise, indicating investors' confidence remains intact. Adani Enterprises' shares surged 8.2% following the allegations, marking a tenth consecutive day of market capitalization gains. Adani Group refuted the accusations, citing contractual obligations and rigorous testing processes, while Cantor highlighted discrepancies in the FT report's sources and noted India's growth trajectory as favorable for Adani Enterprises despite controversies.
Adani group m-cap regains $200 bn-mark as company rebuts coal invoicing allegations
While Adani group denied all allegations, the news report was cited by opposition leaders including former Congress president Rahul Gandhi to demand a probe by a joint parliamentary committee into the alleged wrongdoing.
Goswami Infra seeks change in debt pact to avert higher interest
The move aims to save high interest outgo on RS 14,300 crore bond due in April 2026, refinance its debt. In mid-2023, Goswami Infratech raised Rs14,300 crore zero coupon bonds maturing in April 2026, offering 18.75% as a redemption premium. These bonds also have a so-called most favoured nation (MFN) clause, which says that if any Shapoorji Pallonji (SP) group affiliate borrows at a higher rate after May 26, 2024, Goswami Infratech will have to offer the same return to its bondholders.
Adani Power shares jump over 7% after Gautam Adani, Rajesh Adani revoke pledged holdings
Shares of India's largest private thermal power producer, Adani Power surged 7.4% to Rs 527 after the company's promoters, Gautam Adani and Rajesh Adani revoked pledged shares worth Rs 8,638 crore.
Stocks in news: Adani Wilmar, Adani Enterprises, Jindal Stainless, Adani Ports, Kotak Bank, Wipro
Adani Power's fourth-quarter profit jumped on Wednesday, helped by an increase in its electricity generating capacity and rising power demand in the country.
What HDFC Mid Cap Opportunities mutual fund bought & sold in Jan-Mar quarter
HDFC Mid-Cap Opportunities Fund's transactions in 20 stocks during January-March quarter included buying shares in Ipca Laboratories, Max Financial Services, and Adani Group owned ACC. It also added shares in Timken India, Mahindra & Mahindra Financial Services, and Fortis Healthcare Ltd.
Dial Vi for victory: Cash-strapped telco pulls off biggest FPO
The allotment for qualified institutional buyers (QIBs) was subscribed 19.3 times, of which 82% bids came from foreign institutional investors (FIIs). The non-institutional investor (NII) portion got bids for 4.5 times the shares set aside for them. The retail segment was fully subscribed. The offer had opened on April 18. The FPO is part of a broader ₹45,000 crore funding programme that's key to the company's survival.
Sebi finds Adani offshore investors in disclosure rules violation: Report
SEBI found offshore funds breaching Adani investment rules, seeking settlement with penalty. Regulator demanded group level disclosures. Adani denies 'acting in concert'. No response to email requests.
Vodafone Idea to launch Rs 18,000 crore FPO on April 18
Vodafone Idea's board approved a Rs 18,000 crore public offering. The FPO opens on April 18. The stock has seen one-year returns to the tune of 108%.
Voda Idea FPO to open April 18, close April 22, prices it at Rs10-11
"Approving the Floor Price of the Offer to be Rs10/- per Equity Share; b. Approving the Cap Price of the Offer to be Rs11/-; per Equity Share; and c. A minimum bid lot of 1,298 Equity Shares and in the multiples of 1,298 Equity Shares thereafter," the company said in a stock exchange notice.
Vodafone Idea's Rs 20,000 crore FPO likely to open next week
Brokerage CLSA said last month it has observed keen interest from foreign institutional investors in the UK on Vi's equity-raise plan.
Load More