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Adani Stocks Fall as Firm Starts Tour to Win Back Investors
(Bloomberg) — Most Adani Group stocks fell as the embattled Indian conglomerate kicked off a charm offensive with fixed-income investors in Asia, its latest effort to stem the fallout from a short-seller’s attack. Most Read from Bloomberg All of the group’s 10 stocks dropped, led by a 10{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5} plunge in flagship Adani Enterprises Ltd., taking its market value wipeout to about $154 billion since US-based Hindenburg Research made allegations of accounting fraud and stock manipulation in a report in January. Adani Group has repeatedly denied those claims. The continued selling came as the conglomerate began a series of investor meetings at a hotel in Singapore Monday, with help from about…
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Former finance director charged with stealing $58,000 from Haines tour operator
By Max Graham, Chilkat Valley Information Up-to-date: December 5, 2022 Published: December 5, 2022 This report originally appeared at ChilkatValleyNews.com and is republished right here with permission. ——- Although Haines law enforcement investigated a theft of tens of thousands of pounds from Alaska Mountain Guides, the suspect and his wife were being stopping in Las Vegas for a concert, looking at a Broadway display in New York and planning a cruise to the Caribbean, according to charging files. Previous Alaska Mountain Guides employee Dionicio Charles, 43, was charged in November with to start with-degree theft, plan to defraud and misapplication of home. Law enforcement say he utilised the obtain that…
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