Nomura Holdings Inc.’s loans to an investment fund embroiled in a short-selling firm’s allegations against Indian billionaire Gautam Adani have come under scrutiny in a London court case.About three years after Adani first faced questions about fraud and stock manipulation at his conglomerate, Tokyo-based Nomura was sued by a fund owned by Elara Capital Plc […]
Adani Enterprises Ltd, the flagship of business magnate Gautam Adani’s group, on Tuesday said it has completed a Rs 231.34 crore acquisition of Trade Castle Tech Park (TCTPPL), an infrastructure developer that owns sizeable land plots.AdaniConneX (ACX), a joint venture of Adani Enterprises Ltd and data center operator EdgeConneX, had entered into a share purchase […]
The Creditors’ Committee of Jaiprakash Associates Ltd (JAL), a company undergoing corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, has approved the resolution plan submitted by Adani Enterprises Ltd for ₹14,535 crore. JAL is active in a wide range of activities, such as engineering and construction, cement, energy, real estate, fertilizers and […]