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Investors Rush to Buy Adani shares after No Bribery Charges; Lifts Adani’s Mcap by Rs 1.2 Lakh crore

November 28, 2024 revoi editor

Several investors rushed to buy Adani shares lifting the Group’s market capitalization by Rs 1.2 lakh crore or 10% in a single trading session. Several reports have emerged clarifying ‘No Bribery’ charge against Gautam Adani, his nephew Sagar Adani, and Vneet Jaain giving the street sufficient reasons to jump into Adani Group shares which had […]

Business

Investors dismiss attacks, continue to repose faith in Adani Group

December 2, 2023 Vinayak Barot

Exactly a week after the Supreme Court said reports by Hindenburg Research and the Organised Crime and Corruption Reporting Project (OCCRP) cannot be considered as the gospel truth, Indian Twitter woke up to a fresh set of allegations against the Adani Group. This time, the exclusive article was by ‘Adani Watch’, a non-profit project established […]

Business

Adani Enterprises Limited Stands by its Investors

February 1, 2023 Vinayak Barot

Ahmedabad : The Board of Adani Enterprises Ltd., (AEL) decided not to go-ahead with the fully subscribed Follow-on Public Offer (FPO). Given the unprecedented situation and the current market volatility the company aims to protect the interest of its investing community by returning the FPO proceeds and withdraws the completed transaction. Gautam Adani, Chairman, Adani […]