Adani Group

The First Debt Buyback By Adani Group Of 130 Million Dollars Since The Hindenburg Report

The first debt repurchase scheme since a US short-seller targeted the conglomerate owned by billionaire Gautam Adani in January was started by Adani Ports and Special Economic Zone (APSEZ) on Monday. The association has used Barclays Bank, DBS Bank, Emirates NBD Bank PJSC, First Abu Dhabi Bank, PJSC, and MUFG Securities Asia Singapore Branch. Contracted…

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Financial Results For Q4

Strong Financial Results For Q4 2023 And The Fiscal Year 2022–2023 Are Reported By Adani Power

The diversified Adani Group’s biggest private thermal power producer in India, Adani Power, has announced solid financial results for the quarter ending in January–March 2023 and the complete fiscal year 2022–2023. Adani Power’s consolidated net profit (profit after tax) for the January-March 2023 quarter was $5,242 crore, according to the corporate statement. This is a…

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