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.
03 February, 2023•12 min
0
03 February, 2023•12 min
0
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
SUBSCRIBE
Already have an account? Sign In
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
Business
SEBI rejects Anil Ambani's settlement plea in Yes Bank case
The market regulator plans to order Rs 1,828 crore in investor compensation after rejecting a settlement offer in the Yes Bank AT-1 bond case.
You may also like
Tech
India’s semiconductor ambitions put cart before horse
Adani and Zoho pausing their plans is a sign that a lot needs to be done before semiconductor fabrication is a viable business.
Chaos
When the US stoops to corporate interests, democracy suffers
The Trump administration’s unprecedented kowtowing to corporate power poses an existential question for democracy worldwide
Business
Why is SEBI painting the nailing of Ketan Parekh as a big win
The indictment of the former big bull and his associates is seen by the regulator as a ticket to redemption. But is it really?
