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Search resuls for: "Scott Murdoch Shivam Patel"


2 mentions found


☆ Fresh risk for Adani as MSCI probes free float of group stocks
  + stars: | 2023-02-09 | by ( Scott Murdoch Shivam Patel | Scott Murdoch | Shivam Patel | ) www.reuters.com   time to read: +5 min
The Adani Group has denied any wrongdoing. "Depending on the outcome of the MSCI review, we could see more pressure on select Adani group stocks." "This determination has triggered a free float review of the Adani Group securities." Adani Group did not respond to a Reuters request for comment. They accuse his government of giving undue favours to the Adani Group, a charge denied by the government and the company.
☆ Fresh risk for Adani: index compiler MSCI weighs changes to some group stocks
  + stars: | 2023-02-09 | by ( Scott Murdoch Shivam Patel | Scott Murdoch | Shivam Patel | ) www.reuters.com   time to read: +5 min
"Depending on the outcome of the MSCI review, we could see more pressure on select Adani group stocks." "MSCI has determined that the characteristics of certain investors have sufficient uncertainty that they should no longer be designated as free float ... This determination has triggered a free float review of the Adani Group securities," it added. Adani group did not respond to a Reuters request for comment. Adani Transmission (ADAI.NS), Adani Total Gas (ADAG.NS) and Adani Power (ADAN.NS) were each down 5%, while Adani Ports and Special Economic Zone (APSE.NS) were down nearly 2.9%.
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