Adani Group - Adani-Hindenburg row not to impact India story, says industry doyen K P Singh of DLF
Singh felt the Adani group needs to 'beef up' capital and cut down debt to continue to remain on the high growth trajectory
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Singh felt the Adani group needs to 'beef up' capital and cut down debt to continue to remain on the high growth trajectory
Adani-Hindenburg row not to impact India story, says industry doyen K P Singh of DLF
NEW DELHI, Feb 19: The turmoil engulfing Gautam Adani’s business empire following damning allegations by a US short seller, has not shaken the faith of global investors in India, real estate doyen K P Singh said rubbishing suggestions that banks would have lent to Adani group on instructions from higher-ups. The punishing stock market sell-off Adani group companies have seen following the January 24 report of Hindenburg Research is a temporary blip concerning just one corporate group and hasn’t harmed […]
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The Bombay High Court on Friday granted interim bail to Videocon Group founder Venugopal Dhoot nearly a month after he was arrested in the Videocon-ICICI Bank loan fraud case, noting that the reason mentioned by the CBI for his arrest was “quite casual and without any substance”.