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Thursday, May 9, 2024
TopicGautam Adani

Topic: Gautam Adani

Gautam Adani news overshadowed even the Budget. The saga has just begun

TCA Sharad Raghavan -
If a rising tide lifts all boats, a tsunami drowns them all. Those who could bail, did.

Opposition puts heat on govt over Adani fraud claims, demands discussion, probe

ThePrint Team -
16 parties meet in Congress President Mallikarjun Kharge’s chamber in Parliament, also demanding a discussion on the border situation with China.

Delay in Kappan’s release assaults right to leave jail on getting bail. Hold officers accountable

ThePrint Team -
ThePrint view on the most important issues.

Adani Group market losses snowball to $100 billion with share sale halt

Chris Thomas -
NEW DELHI (Reuters) -India's Adani group shares sank on Thursday after market turmoil forced the conglomerate to axe a crucial $2.5 billion stock offer, deepening its market losses to more than $100

Adani Group’s surprising move — cancels fully subscribed Rs 20,000 cr FPO ‘to insulate investors’

TCA Sharad Raghavan -
Trigger could be news that Credit Suisse won't accept Adani bonds as collateral for loans. Gautam Adani says not ‘morally correct’ to continue with FPO amid stock price volatility.

Hindenburg bet against Adani puzzles rival US short sellers

Shankar Ramakrishnan -
Cracking the code of how Hindenburg made the trade could lead to more short sellers taking positions against Indian companies, which has been rare, according to analysts.

From school dropout to world’s richest, ‘hands on’ billionaire Gautam Adani sees rare defeat

Shivam Patel -
Adani Group withdrew $2.5 billion share sale Wednesday. His companies have lost $100 billion in the stock market as investors bailed out on the tycoon.

Gautam Adani calls off $2.5 billion share sale in major blow to the tycoon

Aditya Kalra -
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.

Gautam Adani no longer Asia’s richest person after stock rout, Mukesh Ambani overtakes him

Chris Thomas -
Gautam Adani has slipped to 10th on Forbes rich list with an estimated $84.1 billion. Before the Hindenburg report, Adani had ranked 3rd.

Adani Group stocks rout deepens to $72 billion despite share sale completion

Chris Thomas -
Despite Gautam Adani’s denial of allegations by Hindenburg Research, investors have dumped shares in the aftermath of the report.
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Economy

CEA Nageswaran says India’s FY24 growth could hit 8%, but World Bank warns this is ‘above potential’

TCA Sharad Raghavan -
Speaking at an event, World Bank country director Auguste Tano Kouamé said growth above potential would result in high inflation.

Defence

Three Indian Navy ships deployed to South China Sea

Smruti Deshpande -
Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

National Interest

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

Shekhar Gupta -
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.

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