Adani Bond Rebound Helps Erase Short Seller Hit: Report
NDTV
The jump came after the Adani Group, which strenuously denies the allegations, raised $1.4 billion for a renewables project and published an initial blueprint for refinancing a solar-energy unit's $750 million dollar bond that matures in September.
A rally over the last week was powerful enough to erase some losses on a series of dollar bonds tied to the conglomerate of billionaire Gautam Adani, debt that had dropped after a short seller accused firms owned by Adani Group of fraud.
The jump came after the group, which strenuously denies the allegations, raised $1.4 billion for a renewables project and published an initial blueprint for refinancing a solar-energy unit's $750 million dollar bond that matures in September.
That was enough to also add a whopping $37.5 billion in market value to the group's listed companies, while notes of the corporation's electricity and power transmission businesses are now within striking distance of their price level before January's report by Hindenburg Research.
Chinmoy Krishna Das Brahmachari, a prominent former leader of ISKCON in Bangladesh, was arrested in Dhaka on Monday
He took to X to share his distress, describing the situation as "painful to watch" especially since he was in the US and unable to personally intervene.
Chief Minister M K Stalin chaired a high-level meeting here at the Secretariat to review the precautionary measures and rushed NDRF and State teams to Tiruvarur, Mayiladuthurai, Nagappatinam and Cuddalore districts.
Speaking at a recent event, Congress MLA HR Gaviyappa said that the election guarantees had made it difficult to provide houses to people.
The Manipur police on Sunday imposed a curfew in both districts of Imphal following the killings of six people. The administration also suspended internet in seven districts of the State.
Seville Bar and Lounge is owned by singer Badshah and De Orra Club is run by the local businessmen.
The liquid gushing out from a manhole caused concern among the residents.
The bench was hearing a petition by an elderly woman who suffered a harrowing experience during a New York-New Delhi flight last year when a drunk passenger allegedly urinated on her
PAN 2.0 is an upgraded version of the current system, using technology to make registration easier and more accessible for taxpayers.
A video of a person showing different segments of Amul milk packets and comparing the prices is circulating on social media.
The backdrop to the Supreme Court hearing is the BJP-led Mahayuti's mammoth mandate in the Maharashtra Assembly polls, with the Ajit Pawar camp scoring 41