A spooked LIC, shares in free fall forced Gautam Adani’s hand
After withdrawing the Rs 20,000 crore FPO, his coal-to-ports conglomerate now faces a funding crisis.
3 February, 2023•12 min
0
3 February, 2023•12 min
0

More in Business
Business
Asia Takes Lead As Global Business Hub
The region's growth is fuelled by compelling fundamentals: a young population, rapid digital adoption, and a surging class of HNIs creating powerful internal consumer markets.
You may also like
Economy
Is battery-storage in India becoming a commodity?
The Adani Group’s plan to build a massive storage project in Gujarat signals a mature technology and a sector moving towards scale and consolidation.
Business
Why Adani Power is betting billions to dominate coal’s twilight years
India’s largest private thermal power producer is taking a contrarian call to scale up in the face of weakening coal economics. The way power agreements are structured has a lot to do with it.
Business
India Inc reports bleak Q2 results on Tuesday
Losses widen for IndiGo and MobiKwik. Adani Enterprises and Indian Hotels Company see their profit dips.








