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Pledge agreements show Adani Green could have breached loan covenants

To read the entire article (paywall) please click here Hemindra Hazari, a banking analyst, adds that “after that story should have gone and told...

Indian Billionaire Adani Down Again, But Not Out

By Bhuvan BAGGA November 22, 2024 Read article here

Axis Capital Reports Shares of Illiquid Unlisted Firm as ‘Held for Trading’

India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), on September 19, 2024 passed an interim order on Axis Capital (a...

SEBI bars Axis Capital as banker for new debt issues

The regulatory action started after a report by a SEBI-registered analyst Hemindra Kishen Hazari highlighted concerns about Axis Capital’s high-risk transactions earlier this year.