Tag: Adani shares

Kotak Mahindra says Hindenburg was not an investor in its fund

July 2, 2024 admin

File picture | Photo Credit: Reuters Kotak Mahindra International Limited said on Tuesday that U.S. short-seller Hindenburg Research has never been an investor in the K-India Opportunities Fund. Kotak was responding to allegations that Hindenburg colluded with its client Kingdon Capital Management and used a Kotak group offshore fund to short Adani group shares last…

Business

Portfolio Rebalancing, IHC On Stake Sale From 2 Adani Firms

September 29, 2023 admin

International Holding Company (IHC) will sell its stake in two Adani Group companies New Delhi: International Holding Company (IHC) will sell its stake in two Adani Group companies, the Abu Dhabi-based firm said in a note to the markets. IHC said it has “entered into a definitive agreement with a buyer to dispose of its…

Business

Morning Digest | India sees lowest August rainfall in a century; Chinese President yet to confirm presence at Delhi’s G-20 summit, and more

September 1, 2023 admin

Core sectors grew 8% in July, but output 2.2% below June levels All of India’s eight infrastructure industries reported growth for the first time in 14 months this July, with core sectors’ output rising 8% after a five-month high surge of 8.3% in June. While July’s performance was buoyed by a 14.9% in coal production,…

World