Shares of Adani Group companies slid for the sixth straight session on Thursday with the group’s combined market capitalisation (m-cap) seeing a drop of $106 billion since last Tuesday’s close as a video statement by group chairman Gautam Adani failed to assuage investor concerns. Adani Enterprises (AEL) called off its Rs 20,000-crore follow-on public offering […]
The government is planning to come out with an initial share sale offer for up to 25 per cent stake in Indian Renewable Energy Development Agency (IREDA) and is looking for merchant bankers to manage the process. The Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from category-I Sebi registered merchant […]
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