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%.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
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.
Lire la suite »
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.
Lire la suite »
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 .
Lire la suite »
Officials warn of possible advisory Tuesday, encourage residents to begin storing tap waterWater in Philadelphia will remain safe to drink through Monday evening after hazardous materials spilled into a Delaware River tributary, the Philadelphia Water Department said. From WHYYNews:
Lire la suite »
More rain is rolling into L.A. County Tuesday after high winds die down MondayStrong wind conditions across L.A. County are expected to continue until Sunday night, as the region braces for more rain this week, forecasters said.
Lire la suite »