Reports published in the Indian media on Tuesday raised fresh questions about Adani Group’s debt.
Shares of Adani Group’s listed firms were hit by a sell-off Tuesday after Indian media reports raised questions about the conglomerate’s debt repayment claims, resuming a fall in the group’s stock prices that began in January following short seller Hindenburg
Group scathing report accusing the group of fraud and stock manipulation.... [+]Shares of the conglomerate’s flagship firm Adani Enterprises were down around 7% in late afternoon trading local time, while shares of the group’s other listed firms slumped around 5%.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Adani Loses $4 Billion As Questions About His Company’s Loan Repayments Trigger Stock Sell-OffReports published in the Indian media on Tuesday raised fresh questions about Adani Group’s debt.
Leer más »
Adani Loses $4 Billion As Questions About His Company’s Loan Repayments Trigger Stock Sell-OffReports published in the Indian media on Tuesday raised fresh questions about Adani Group’s debt.
Leer más »
Micron earnings: What to expect when the memory-chip company reports TuesdayMicron Technology Inc. will report fiscal second-quarter earnings after U.S. markets close on Tuesday.
Leer más »
Adani shares tumble on report group seeking time to pay ACC, Ambuja debtShares of Adani Group companies tumbled on Tuesday after a report said the conglomerate was seeking to renegotiate terms of outstanding loans worth $4 billion taken last year to buy cement firms ACC and Ambuja Cements .
Leer más »
Central Texas weather: Cold front expected to bring weather changes TuesdayIt will be a warm start to the workweek, but weather changes are on the way. Zack Shields has details on the next cold front in his full forecast.
Leer más »