Hemal Savai
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Adani Plans $600 Million Share Sale In Post-Hindenburg First
Gautam Adani’s power transmission unit is considering raising at least 50 billion rupees ($597 million) through a share sale, making the Indian conglomerate’s first foray into public equity markets since a scathing short-seller’s report wiped away billions in shareholder value.
- Thursday July 25, 2024
- Author: Hemal Savai, Baiju Kalesh, P R Sanjai
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Adani Plans $600 Million Share Sale In Post-Hindenburg First
Gautam Adani’s power transmission unit is considering raising at least 50 billion rupees ($597 million) through a share sale, making the Indian conglomerate’s first foray into public equity markets since a scathing short-seller’s report wiped away billions in shareholder value.
- Thursday July 25, 2024
- Author: Hemal Savai, Baiju Kalesh, P R Sanjai
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GQG Said To Invest Around $400 Million In Ailing Vodafone Idea
The backing from GQG is a major shot in the arm for Vodafone Idea, which has been plagued by financial losses and an eroding subscriber base.
- Tuesday April 16, 2024
- Author: P R Sanjai, Hemal Savai, Baiju Kalesh
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GQG Said To Invest Around $400 Million In Ailing Vodafone Idea
The backing from GQG is a major shot in the arm for Vodafone Idea, which has been plagued by financial losses and an eroding subscriber base.
- Tuesday April 16, 2024
- Author: P R Sanjai, Hemal Savai, Baiju Kalesh
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Vodafone Idea Picks Jefferies, Axis For $2.4 Billion Share Sale
Vodafone Idea Ltd. has appointed the investment banking units of Axis Bank Ltd. and Jefferies Financial Group Inc. for its $2.4 billion share sale, according to people familiar with the matter, as the founders — Vodafone Group Plc and the Aditya Birla Group — seek to turnaround the unprofitable joint venture.
- Thursday April 4, 2024
- Author: Baiju Kalesh, P R Sanjai, Hemal Savai
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Bridgestone Supplier’s 190% Rally in India Faces Slowdown Risk
Volatile commodity prices may pose a threat to this year’s stellar rally in shares of Rajratan Global Wire, a supplier to Bridgestone and Yokohama tyres.
- Tuesday September 27, 2022
- Author: Hemal Savai
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Bridgestone Supplier’s 190% Rally in India Faces Slowdown Risk
Volatile commodity prices may pose a threat to this year’s stellar rally in shares of Rajratan Global Wire, a supplier to Bridgestone and Yokohama tyres.
- Tuesday September 27, 2022
- Author: Hemal Savai
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Gray Market Hints at Tepid Trading Debut for Biggest India IPO
LIC shares are trading at a discount of about Rs 15 to the IPO price of Rs 949 in the grey market on Wednesday.
- Friday May 13, 2022
- Author: Ashutosh Joshi, Hemal Savai
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Top India Developer Slumps on Report of Supreme Court Probe
DLF’s problems come amid a broader slump for India’s property sector, which is facing a demand slowdown.
- Friday August 23, 2019
- Author: Hemal Savai, Nupur Acharya
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Indian Developers Slump on Bankruptcy and Tax Woes
Housing Development & Infrastructure fell to a record as authorities intensify clean up of India’s struggling property sector.
- Thursday August 22, 2019
- Author: Hemal Savai, Shruti Srivastava, Dhwani Pandya