The Adani Group has experienced significant losses following the release of a report by US short…
Category: Business
Google triggers layoffs in India, fires 453 employees
The world’s leading tech company Google laid off 453 employees of various departments in India late…
World’s largest stock investor, Norway Wealth Fund, sold all its stakes in Adani Group companies
The problems plaguing the Adani Group show no signs of improvement. Norway Wealth Fund, which has…
MSCI cut four Adani group companies from “free floating” designation following the review
Troubled Gautam Adani Group has suffered another major setback after the US short-seller Hindenburg Report. MSCI,…
More trouble for Adani as MSCI probes free float of group stocks
The crisis-hit Gautam Adani Group has suffered another blow following the US short-seller Hindenburg report. In…
Hindenburg Effect: Now Standard Chartered bank stops accepting Adani Group bonds
Banks worldwide have reported a steady drop in the creditworthiness of Gautam Adani and his group…
Big setback for Adani: S&P Dow Jones removes Adani Enterprises shares from Sustainability Indices
The Adani Group is facing further trouble as Adani Enterprises, the group’s flagship company, was dropped…
Hindenburg Effect: Quant Mutual Fund exits Adani Stocks amid falling shares
Adani Group continues to face challenges, with Quant Mutual Fund reportedly exiting from the company. A…
Hindenburg Effect: Adani Group associated UK-based Elara Capital’s Director Jo Johnson resigns
In the midst of the Hindenburg controversy, there is a big stir in Elara Capital, a…
Hindenburg Effect: Gautam Adani is now out of top-20 richest person list
After the publication of the Hindenburg report by the American research firm Hindenburg, the tsunami that…