Browsing Tag
Adani Enterprises FPO
Mark Mobius | Adani Debt: Mark Mobius says Adani’s debt pile ‘scared us…
Veteran emerging-markets investor Mark Mobius said his firm didn’t participate in .’s stock sale before it was pulled as concerns about the debt of the Indian tycoon’s firms “scared us…
Adani Enterprises calls off FPO, money to be returned to investors
NEW DELHI: After the company's stock price crashed 28% today, billionaire Gautam Adani-led today called off its Rs 20,000 crore follow-on public offer (FPO) and said money will be returned…
Banks pocket $12 million in fees in Adani’s mega share sale
Investment banks are set to receive about 1 billion rupees ($12 million) in total fees after helping Indian tycoon Gautam Adani pull off a closely watched follow-on share sale, according to…
Adani spotlight shifts to regulatory probes, response to allegations
HONG KONG/NEW YORK - India's Adani Group may have passed a key test by raising $2.5 billion in the face of a short-seller attack, but its response to the allegations and the outcome of…
Adani Enterprises says $2.5 billion share sale on track even as bankers mull changes
MUMBAI -A $2.5 billion share sale by India's Adani Enterprises remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources said bankers were…
Hindenburg impact: Adani Enterprises FPO subscribed just 1% on Day 1
The mega Rs 20,000-crore share sale by Limited hit a speed breaker after the massive sell-off in stocks triggered by US-based Hindenburg Research’s report.The follow-on public offer (FPO)…