In its first reaction, Adani Green Energy responds by saying that it had decided not to proceed with the proposed USD denominated bond offerings
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In the Nifty 50, Adani Ports trades as the biggest loser with more than 15 per cent loss, while Adani Enterprises loses 14.5 per cent
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Among all the Adani stocks, Adani Power soars more than 15 per cent, while in the Nifty 50, Adani Ports tops the index with more than 10 per cent gains, while Adani Enterprises surges 7 per cent
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As of March 2023, Jain's investments in four key Adani companies totalled to Rs 15,400 crore (approximately USD 1.88 billion)
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Adani group alleged of fraud and selling low-grade coal as high-value fuel in the year 2013 to Tamil Nadu Generation and Distribution Company
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