• Hindi
  • Heritage Edge
  • Sports Edge
  • Wildlife Edge
SHARP. BITTER. NEUTRAL.
No Result
View All Result
  • Login
The Edge Media
Thursday, October 23, 2025
  • Home
  • National Edge
  • State Edge
  • Political Edge
  • World Edge
  • Entertainment Edge
  • Business Edge
  • Sports Edge
  • Home
  • National Edge
  • State Edge
  • Political Edge
  • World Edge
  • Entertainment Edge
  • Business Edge
  • Sports Edge
No Result
View All Result
The Edge Media
No Result
View All Result
Home Main Story

Adani breaks silence on stock crash, blames ‘reckless, irresponsible reporting’.

The Edge Media by The Edge Media
4 years ago
in Business Edge, Main Story, Stock Exchange
Reading Time: 1 min read
0
A $43 billion jump in Adani’s fortune is fraught with many risks.

IC:(economic times)

Share on FacebookShare on TwitterShare on LinkedInShare via TelegramSend To WhatsApp

Adani Group Chairman Gautam Adani broke silence on the June stock crash of his companies following reports of accounts of foreign funds with investments of over Rs. 43,000 crore being frozen. “Recently, a few media houses indulged in reckless and irresponsible reporting related to administrative actions of the regulator,” Adani said. “Unfortunately , some of our small investors were affected,” he added. 

“We are intergenerational holders of equity,” Adani, 59, said at the annual shareholder meeting of his group’s listed firms on monday. 

Detailing the philosophy of looking at investments, he said the group is focused on creating long-term sustainable value for partners and minority investors. 

Calling reports of the freeze “reckless and irresponsible”, he said it caused unexpected fluctuations in the market prices of Adani stock. 

 

Tags: #market#stockcrash#stocksAdani
Previous Post

NEET UG will be held on September 12

Next Post

IMA’s Amit Khanna asks Pushkar Dhami to cancel the Kanwar Yatra by writing a letter.

Related News

Infosys Hits Record High, Market Capitalisation Tops $100 Billion

Infosys Hits Record High, Market Capitalisation Tops $100 Billion

by The Edge Media
August 24, 2021
0

Shares of the country's second largest information technology company, Infosys, rose nearly 1 per cent to hit record high of...

Co-operation Deal Between Adani & GVK For Airport Business & Another Subsidiary Of Adani Group

by The Edge Media
August 31, 2020
0

GVK Power and Infrastructure Ltd said on Monday that the company along with its subsidiaries GVK Airport Developers Ltd (GVKADL)...

Discussion about this post

Recommended

18 killed in road mishap in UP’s Barabanki

18 killed in road mishap in UP’s Barabanki

4 years ago

Corona virus – another death reported in Mumbai

6 years ago

Popular News

  • GST Reforms Spark Record Festive Sales, 10X Rise in Digital Payments

    GST Reforms Spark Record Festive Sales, 10X Rise in Digital Payments

    0 shares
    Share 0 Tweet 0
  • Pakistan Slams ICC for “Biased” Statement on Afghan Cricketers’ Deaths

    0 shares
    Share 0 Tweet 0
  • Mitchell Marsh Hopes Kohli and Rohit Don’t Dominate Too Much in Australia ODIs

    0 shares
    Share 0 Tweet 0
  • Young Man Dies in Agony at Park in Faridabad, Injury Marks Found on Body

    0 shares
    Share 0 Tweet 0
  • Illegal Firecracker Factory Busted in Palwal, Explosives and Huge Stock Seized

    0 shares
    Share 0 Tweet 0
  • Hindi
  • Heritage Edge
  • Sports Edge
  • Wildlife Edge
SHARP. BITTER. NEUTRAL.

© 2024 The Edge Media All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • National Edge
  • State Edge
  • Political Edge
  • World Edge
  • Entertainment Edge
  • Business Edge
  • Sports Edge

© 2024 The Edge Media All Rights Reserved.