Most Adani Group companies shed market cap on Monday, as the feud between the conglomerate and a short seller firm further deepened.
showed founder and Chairman Gautam Adani's net worth fell further on Friday. His personal wealth has more than halved so far this year, down by 51.1%, or $61.6 billion.have demonstrated "ongoing stability" and are "continuing to function in a transparent, fair and efficient manner." The Sensex is the benchmark index of the BSE — formerly the Bombay Stock Exchange — and the Nifty 50 is the flagship index of the National Stock Exchange of India.
Gautam Adani, chairman of Adani Group, speaks during the Forbes CEO Summit in Singapore, on Tuesday, Sept. 27, 2022.Without mentioning Adani companies by name, the regulator noted "unusual price movements in the stocks of a business conglomerate," adding that it is monitoring those moves. said that "the banking sector remains resilient and stable," citing its own assessment of the situation. It added that it will continue to monitor the stability of the industry.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
India's Axis Bank says it is comfortable with exposure to Adani GroupIndia's Axis Bank on Saturday said its exposure to Adani Group entities stood at 0.94% of its net advances on Dec. 31, adding that it remained comfortable with its exposure.
Leer más »
India's market regulator says markets stable amid Adani stock routIndia's market regulator on Saturday said that Indian financial markets remain stable and continue to function in a transparent and efficient manner.
Leer más »
Adani Group plans to trim its capital spending plans, Mint reportsIndia's Adani Group plans to trim its capital spending plans, newspaper Mint reported on Monday citing people close to the development, days after the conglomerate's flagship firm called off a $2.5 billion share sale.
Leer más »
India's Adani shares see extended sell-off as credit warnings kick inThe sell-off in India's Adani Group's seven listed companies, where more than $110 billion in market value has already evaporated, continued on Monday as a U.S. short-seller's report critical of the group's finances now led to credit warnings.
Leer más »
Indonesia president warns regulator to boost supervision after Adani routIndonesian President Joko Widodo urged on Monday his country's financial regulator to strengthen supervision on capital markets in the wake of the crisis at India's Adani Group.
Leer más »