In a surprise move, Adani Enterprises Ltd decided withdraw its Rs 20,000-crore follow on public offer (FPO) despite being oversubscribed. In a statement, the company said that the decision was taken by the board keeping in view the unprecedented situation and the current market volatility.
“The interest of the investors is paramount and hence to insulate them from any potential financial losses, the Board has decided not to go ahead with the FPO,” Gautam Adani Chairman, Adani Enterprises said, adding that the fundamentals of the company continue to be strong.
On the 4th death anniversary of human rights activist Karima Baloch, the Baloch Yakjehti Committee…
External Affairs Minister S Jaishankar will visit the US from December 24-29 to discuss key…
Students at the Bolan Medical College (BMC) in Balochistan's Quetta entered the 27th day of…
The intensifying cutting of trees for firewood in Pakistan-occupied Gilgit-Baltistan (PoGB) is not only worsening…
A group of retired judges, bureaucrats, Army officials and other civil society members have penned…
Israel and Slovakia signed a 2 billion shekel (USD 582 million) agreement on Monday to…