Adani abandons $2.5 bln share sale in large setback to Indian tycoon

NEW DELHI, Feb 1 (Reuters) – Gautam Adani’s flagship agency known as off its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked by a U.S. short-seller’s criticisms wiped billions extra off the worth of the Indian tycoon’s shares. The withdrawal of the Adani Enterprises (ADEL.NS) share providing marks a … Read more

Adani hits again at Hindenburg, says it made all disclosures

Adani points 413-page rebuttal to Hindenburg report U.S. short-seller’s report sparked falls in Adani shares Adani says complies with legal guidelines, essential disclosures Adani CFO assured $2.5 bln share sale will succeed NEW DELHI, Jan 30 (Reuters) – India’s Adani Group issued an in depth riposte on Sunday to a Hindenburg Analysis report that sparked … Read more

India’s Adani begins document share sale as brief vendor triggers $44 billion rout

MUMBAI, Jan 27 (Reuters) – Shares of India’s Adani Enterprises (ADEL.NS) sank 15% on Friday as a scathing report by a U.S. brief vendor triggered a rout within the conglomerate’s listed companies, casting doubts on how buyers will reply to the corporate’s document $2.45 billion secondary sale. Seven listed firms of the Adani conglomerate – … Read more

World Cup 2022: what number of migrant staff have died in Qatar?

Dec 15 (Reuters) – Here’s a take a look at migrant staff’ rights points in Qatar, which is internet hosting the 2022 World Cup from Nov. 20-Dec. 18: WHAT IS QATAR’S RECORD ON MIGRANT WORKERS’ RIGHTS? * Qatar, the place foreigners make up nearly all of the two.9 million inhabitants, has confronted intense criticism from … Read more

Elon Musk’s workforce seeks new funding for Twitter – investor

Dec 16 (Reuters) – Elon Musk’s workforce has reached out to traders to boost new funds for his struggling social media platform Twitter, one of many traders stated. Ross Gerber, president and CEO at Gerber Kawasaki Wealth & Funding Administration, informed Reuters that he was contacted by a Musk consultant about providing extra shares on … Read more