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
Air India’s AI171 tragedy leaves behind lost lives, unanswered questions
The London Gatwick-bound aircraft crashed soon after takeoff from Ahmedabad in what is one of the worst air disasters in India and globally.
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?
