Bain Capital to purchase a majority stake in Adani Capital at Rs. 1500 crore

Bain Capital to purchase a majority stake in Adani Capital at Rs. 1500 crore.

The Adani Group intends to divest from core businesses and utilize the funds to strengthen its core ventures.

[{"selector":"#anim-e97ec3f3-95e1-4504-b6d6-547e548b4b10","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ebfd4b2e-cafa-45d0-ac94-dbece09e7bdf","keyframes":{"transform":["translate3d(0px, 155.44973%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fc51c9d8-da42-4e8b-bad6-28fce9d5eef6","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2fc6e036-014f-4595-b369-39e2c8a6cbfd","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Adani Enterprises has received backing from a consortium led by SBI for its PVC project located at Mundra Port.

[{"selector":"#anim-58cc5336-3172-42af-9c14-02d53aff4761","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f65e0eb2-624a-4421-a705-494ee30143f3","keyframes":{"transform":["translate3d(0px, 199.25928%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-41c1f071-c5c7-455c-afc7-d69eb4a5157b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-40.031022906346784%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

The allegations made in the Hindenburg report have had an impact on share prices.

[{"selector":"#anim-c277538d-3512-4ce8-8d52-2f1293dd71bc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab58b249-bce0-4339-baea-ed92c32a4ce3","keyframes":{"transform":["translate3d(0px, 263.10540%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2f0dac64-6ac1-4e0a-a5d9-1882d9c17ba9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-57.467200589701974%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]