Adani Enterprises called off its $2.5 billion share sale Wednesday, citing market conditions, amid an ongoing rout in the Adani Group's stocks sparked by Hindenburg's critical report.
The billionaire has had a rough week following a 24 January report by US short-seller Hindenburg Research that pointed out financial impropriety in the company.
The secondary share sale of Adani Enterprises needs at least 90% subscription to go through. It is currently at 85% including the anchor investor portion, Indian stock exchange data showed.
Vice-President's comments on Constitution also in list. MPs asked to ensure DMK’s points are heard in Parliament, and advised to maintain caution while addressing media.
Adani Group calls Hindenburg allegations baseless, unethical, and in violation of law while the firm says Adani obfuscating truth, avoiding real issues of fraud.
On 15 December 1988, PM Rajiv Gandhi spoke in the Lok Sabha while introducing comprehensive electoral reforms, including lowering the voting age from 21 to 18, and introducing measures to protect secular values in elections.
ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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