India's largest insurer LIC said it 'might' review its stake in Adani Group after meeting with the management.
, calling it a "calculated attack on India" and its institutions.for four Adani Group companies to negative from stable.
Nathan Anderson, founder of Hindenburg, following the MSCI move on Twitter said: "We view this as validation of our findings on offshore stock parking by Adani."
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Adani group firms pledge shares for lenders of flagship company – SBICAP TrusteeThree Adani group companies have pledged shares for lenders to the Indian conglomerate's flagship Adani Enterprises , which pulled a $2.5 billion share sale during a recent market rout, the debt trustee firm said.
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Fraud claims targeting Gautam Adani provoke nationalist backlash in IndiaHis supporters have characterized the allegations as an onslaught against India as a whole.
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Moody's cuts outlook for four Adani group companies, cites rapid declines in market valueMoody's lowered its outlook for four Adani Group companies, citing a 'significant and rapid decline' in the market values of the entities.
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Singapore's DBS says exposure to Adani group is 'tightly managed'DBS Group has a tightly managed exposure to India's Adani group of companies, the chief executive of Southeast Asia's largest bank said on Monday.
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India's military, civil ambitions to dominate Aero India showIndia is scouting for billions of dollars worth of military planes, completing jetliner deals to meet civilian demand and pressing global aircraft manufacturers to produce more locally at a major air show this week.
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INDIA Bond yields, rupee to track U.S., India inflation printsIndian government bond yields are expected to trend higher this week, as sentiment stays bearish, but debt as well as the local currency will track U.S. and India inflation data.
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