The 19-year-old dreamt of competing abroad, and said she wanted to be like Ronaldo and Messi
world3 days ago
India's Adani Enterprises has called off its $2.5 billion share sale due to prevailing market conditions, the company said on Wednesday, days after a rout in its stocks following criticism by a U.S. short-seller.
"Given the unprecedented situation and the current market volatility the Company aims to protect the interest of its investing community by returning the FPO proceeds and withdraws the completed transaction," the company said in a statement.
On Tuesday, Adani Group mustered support from investors for the share sale for Adani Enterprises, in what some saw as a stamp of investor confidence at a time of crisis.
But the selloff in Adani group stocks and bonds resumed on Wednesday, with shares in Adani Enterprises plunging 28% and Adani Ports and Special Economic Zone dropping 19%, the worst day on record for both.
ALSO READ:
The 19-year-old dreamt of competing abroad, and said she wanted to be like Ronaldo and Messi
world3 days ago
Hochstein's mission marks a last-ditch attempt by the outgoing US administration to clinch a ceasefire as diplomacy to end the Gaza war appears totally adrift
world3 days ago
This will be his first visit since the beginning of the conflict between Ukraine and Russia around three years ago
world3 days ago
The changes state that any conventional attack on Russia, aided by a nuclear power, could be considered to be a joint attack
world4 days ago
The country launched a probe in March 2021 into WhatsApp's privacy policy, which allowed data sharing with Facebook and its units, sparking global backlash
world4 days ago
This time around, Trump wants the Senate to give up that gatekeeping role and allow him to make 'recess appointments'
world5 days ago
Police allege the offences took place between 2001 and 2019 against 8 victims; the youngest was 17 at the time of the offence
world5 days ago
The two countries have a mutual defence treaty dating back to 1951, which could be invoked if either side came under attack, including in the South China Sea
world5 days ago