{"id":550710,"date":"2023-01-30T09:49:18","date_gmt":"2023-01-30T04:19:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=550710"},"modified":"2023-01-30T10:23:57","modified_gmt":"2023-01-30T04:53:57","slug":"hindenburg-report-gas-and-fire-our-fpo-investment-plans-on-track-adani","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hindenburg-report-gas-and-fire-our-fpo-investment-plans-on-track-adani\/","title":{"rendered":"Hindenburg report &#8216;gas and fire&#8217;, our FPO, investment plans on track: Adani"},"content":{"rendered":"<p>The Adani group\u2019s operating companies are churning out Rs 1,100 crore of Ebitda (earnings before interest, depreciation, tax and amortisation) per week and the group\u2019s investment plan in the hydrogen business remains on track, Chief Financial Officer Jugeshinder Singh told Business Standard on Sunday.<\/p>\n<p>\u201cThere is no change in our follow-on public offer (FPO) plans and we are extremely confident of its success. The hydrogen project\u2019s development is not contingent on this (the adverse report of short-seller Hindenburg). Our main focus remains on running our businesses,\u201d Singh said.<\/p>\n<p>The Rs 20,000-crore FPO is raising half the proceeds, with the rest to be mobilised over the next few months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Adani group\u2019s operating companies are churning out Rs 1,100 crore of Ebitda (earnings before interest, depreciation, tax and amortisation) per week and the group\u2019s investment plan in the hydrogen business remains on track, Chief Financial Officer Jugeshinder Singh told Business Standard on Sunday. \u201cThere is no change in our follow-on public offer (FPO) plans and we are extremely confident of its success. The hydrogen project\u2019s development is not contingent on this (the adverse report of short-seller Hindenburg). Our main focus remains on running our businesses,\u201d Singh said. The Rs 20,000-crore FPO is raising half the proceeds, with the rest [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-550710","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=550710"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550710\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=550710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=550710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=550710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}