Saturday, December 7, 2024

Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of a report issued by short-seller Hindenburg Research. Seven listed companies of the Adani conglomerate – controlled by one of the world’s richest men Gautam Adani – have lost a combined $48 billion in market value and U.S. bonds of Adani firms have fallen since Hindenburg on Tuesday flagged concerns about debt levels and the use of tax havens. “MSCI is closely monitoring publicly available information regarding the situation and the factors that may impact the eligibility of those relevant securities for the MSCI Global Investable Market Indexes,” it said in a statement. Adani Group did not immediately respond to Reuters request for comment. It has dismissed the Hindenburg report as baseless and said it was considering whether to take legal action against the New York-based firm. India’s capital markets regulator was studying the Hindenburg report as it may help its own probe into offshore fund holdings of Adani Group, Reuters reported on Friday. Billionaire U.S. investor Bill Ackman on Thursday described the Hindenburg report “highly credible and extremely well researched”.

Tags: , , , ,

0 Comments

Leave a Comment

LATEST POSTS

Dollar Consolidates, Still in Demand
Dubai 22K gold price touches Dh200 a gram for first time in nine years
IMF के ग्लोबल अनुमान घटाने से कच्चे तेल की कीमतों पर दबाव, 1950 डॉलर के नीचे आया सोना
Arun Kumar Saini ने लिखी कामयाबी की नई इबारत, Capital Sands ने लगाई ऊंची छलांग
शेयर बाजार में गिरावट का दिन, सेंसेक्स-निफ्टी नुकसान में
Petrol Diesel Price: 18 दिन बाद महंगा हुआ डीजल
Gold Silver Price: आज सोना हुआ सस्ता और चांदी हुई महंगी, ज्वैलरी बाजार में ये रहा सोने का रेट
इंडोनेशिया ने बढ़ाई भारत की मुश्किलें, अभी 10 फीसदी और महंगा होगा खाने का तेल
महिलाओं की दिलचस्पी ऑनलाइन ट्रेडिंग बाज़ार (FX & CFD’s) में क्यों बढ़ने लगी?
सोना-चांदी के दाम में आई बड़ी गिरावट
Taiwan October Export orders Likely contracted Again, But at Slower Pace- Raeuters Poll
Share Price में हेराफेरी! SEBI ने 85 कंपनियों को शेयर मार्केट से ट्रेडिंग पर लगाया बैन