{"id":551762,"date":"2023-02-01T11:15:00","date_gmt":"2023-02-01T05:45:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551762"},"modified":"2023-02-01T13:04:59","modified_gmt":"2023-02-01T07:34:59","slug":"adani-enterprises-enters-final-day-of-crucial-2-5-bn-share-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-enters-final-day-of-crucial-2-5-bn-share-sale\/","title":{"rendered":"Adani Enterprises enters final day of crucial $2.5 bn share sale"},"content":{"rendered":"<p>Adani Enterprises climbed 2 per cent in early trade on Tuesday, the last day for its $2.5 billion secondary share sale, with all eyes on whether the company can secure enough backing for the offering after a US short-seller&#8217;s scathing attack.<\/p>\n<p>Gautam Adani&#8217;s group firms have lost over Rs 5 lakh crore in stock market value since Hindenburg Research&#8217;s Jan. 24 report flagged concerns about the group&#8217;s high debt levels and its suspected improper use of tax havens. Adani has called the report baseless.<\/p>\n<p>A successful completion of the share sale will show investors still believe in the group&#8217;s prospects and that it can weather the unprecedented short-seller challenge and its aftermath.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Enterprises climbed 2 per cent in early trade on Tuesday, the last day for its $2.5 billion secondary share sale, with all eyes on whether the company can secure enough backing for the offering after a US short-seller&#8217;s scathing attack. Gautam Adani&#8217;s group firms have lost over Rs 5 lakh crore in stock market value since Hindenburg Research&#8217;s Jan. 24 report flagged concerns about the group&#8217;s high debt levels and its suspected improper use of tax havens. Adani has called the report baseless. A successful completion of the share sale will show investors still believe in the group&#8217;s prospects [&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":[146,130,234],"tags":[],"class_list":["post-551762","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551762","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=551762"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551762\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}