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Hosted on MSN29d
Adani stocks drop and group losses swell to $150 billion as charm-offensive campaign reportedly begins
The majority of Indian conglomerate Adani Group’s stocks fell on Monday as the company’s investor roadshow tour to appease investors kicked off in Asia, following after a short seller attack ...
TheStreet.com29d
Billionaire Adani's Empire Loses $154 Billion in a Month
Adani Group is on a roadshow to reassure international investors after the short-seller Hindenburg Research launched allegations of fraud. The hemorrhage in the empire of Indian billionaire Gautam ...
The Australian Financial Review1d
The big discrepancies inside Adani’s Queensland adventure
In central Queensland, across kilometres of brown-green scrubland, orange locomotives are hauling steel-grey wagons loaded with a controversial commodity and a $155 ...
Forbes28d
Exclusive: New Investigation Reveals Gautam Adani’s Older Brother As Key Player In Adani Group’s Biggest Deals
But now, the French company is sitting on a loss. Its shares are worth just $1.7 billion—down from $7.3 billion at the start of the year—due to the Hindenburg-driven rout in Adani Group shares.
Global Finance21d
Adani's Scandal: Huge Stock Loss For Shareholders
Despite Adani Group’s denial of wrongdoing and debt prepayment in a couple of companies, banks and investors were not reassured. India’s widely diversified Adani Group conglomerate’s fast-paced ...
Hindustan Times1d
adani group
The group stocks have taken a beating on the exchanges since the report by US-based short-seller Hindenburg Research came in January this year.
Business Insider29d
Billionaire Gautam Adani, one of the world's richest people, has seen his net worth fall over $80 billion this year alone
He started the year with a net worth of $121 billion, according to the Bloomberg index, marking this a nearly 67% loss in net worth. Forbes previously reported that Adani had been the third ...
Nasdaq28d
Ocado's annual loss swells to 501 mln stg
LONDON, Feb 28 (Reuters) - Ocado Group OCDO.L, the British online supermarket and technology group, reported a worse-than-expected full-year loss, partly reflecting profits being wiped out at its ...
Reuters22d
Lordstown Motors loss swells as delivery delays, production costs weigh
March 6 (Reuters) - Lordstown Motors Corp (RIDE.O) on Monday posted a bigger quarterly loss, as the electric-vehicle (EV) maker struggled with production costs and missed the delivery target for ...

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