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Interim report from committee convened by Supreme Court says regulator faces a ‘humungous task’
Indian tycoon has invited lenders to visit prized assets and restore confidence following Hindenburg’s report
Two Adani companies announce plans to raise $2.5bn from investors
Move expected to trigger investor sales and hamper fundraising plans
Indian tycoon has been trimming capital expenditure and buying back bonds to shore up confidence
Unit of Indian conglomerate plans to purchase up to $650mn in debt in effort to shore up investor confidence
Almost half conglomerate’s $5.7bn in FDI over 5 years came from opaque overseas entities
Indian group has sought lenders’ approval for disposal as it tries to boost investor confidence after fraud claims
Plus, Arm’s IPO encounters roadblocks in Beijing and London’s most expensive home goes on the market
Country’s top court orders regulator to conclude investigation into group within two months
Indian group also tells bondholders it is seeking to borrow extra $800mn for renewables arm
Opposition attacks foreign investment they say was enabled by Indian prime minister
PM Narendra Modi will ‘have to answer questions’ over fraud allegations targeting his business ally
Decision is sign of spending slowdown by conglomerate in wake of short seller attack
Stocks in billionaire’s biggest business jump after he plays down short-seller attack
Appointment of a financial controller to oversee family holding company among changes mooted to advisers
Crisis-hit group’s sprawling infrastructure businesses pitched as a bet on India’s economic growth
Indian conglomerate taps lawyers known for fierce activism defence in fight against Hindenburg’s claims
Lenders’ $500mn cash request prompted early settlement of entire debt and shows credit pressure on Indian group
Opposition targets country’s ruling Bharatiya Janata party over crisis at conglomerate run by leader’s ally
Billionaire owner of group moves to shore up investor confidence after damaging short-seller report
Indian conglomerate’s accounting practices have drawn scrutiny after short-selling report
Allegations of stock manipulation at one of the country’s largest conglomerates present a challenge to its institutions
Peer quits Elara Capital role following FTAV questions
Indian conglomerate says proceeding with cancelled $2.4bn share sale would ‘not be morally correct’
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