Adani abandons US$2.5 billion share sale in big setback to Indian tycoon

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Adani abandons US$2.5 billion share sale in big setback to Indian tycoon

theold

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02-02-2023, 10:13 AM

The trigger was news that Swiss banking giant Credit Suisse had stopped accepting Adani bonds as collateral for loans it advances to private banking clients, Bloomberg reported.

The slide in Adani's personal wealth has dropped the school dropout billionaire off the top 10 real-time Forbes rich list and seen him overtaken as Asia's richest man by fellow Indian Mukesh Ambani.

Adani Total Gas ― in which French giant TotalEnergies owns 37.4 percent ― dropped another 10 percent on Wednesday, forcing the Bombay Stock Exchange to suspend trade in the stock soon after the market's open.

Adani Ports dropped almost 18 percent, while Adani Power and Adani Wilmar fell five percent each.

https://www.koreatimes.co.kr/www/world/2...44726.html

(This post was last modified: 02-02-2023, 10:15 AM by theold.)

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Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by lioncityftw - 02-02-2023, 09:37 AM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by Bluebull - 02-02-2023, 10:12 AM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by theold - 02-02-2023, 10:13 AM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by Bluebull - 02-02-2023, 10:21 AM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by Merdeka - 02-02-2023, 10:28 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by debono - 02-02-2023, 10:50 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by A2Z - 02-02-2023, 10:26 AM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by sgbuffett - 02-02-2023, 10:31 AM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by maxsanic - 02-02-2023, 10:45 AM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by Sharexchange - 02-02-2023, 10:54 AM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by cityhantam - 02-02-2023, 01:31 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by cityhantam - 02-02-2023, 01:30 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by K88 shu shu - 02-02-2023, 01:33 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by lioncityftw - 02-02-2023, 01:54 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by A2Z - 02-02-2023, 02:23 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by lioncityftw - 02-02-2023, 02:57 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by cityhantam - 02-02-2023, 03:00 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by lioncityftw - 02-02-2023, 03:52 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by lioncityftw - 02-02-2023, 05:41 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by lioncityftw - 02-02-2023, 06:05 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by cityhantam - 02-02-2023, 06:10 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by lioncityftw - 02-02-2023, 06:45 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by cityhantam - 02-02-2023, 06:51 PM

RE: Adani abandons US$2.5 billion share sale in big setback to Indian tycoon - by cityhantam - 03-02-2023, 07:34 PM

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