The new index weightings were due to come into effect on March 1 but the proposed changes to Adani Total Gas and Adani Transmission will be delayed until May.
MSCI did not immediately respond to a Reuters request for comment on why the changes were reversed shortly after being announced last week. MSCI examined the size of companies' free floats, having determined there was "sufficient uncertainty" surrounding some investors in Adani companies.
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India's market regulator is looking into the explosive allegations against Adani Group | CNN BusinessIndia's market regulator is looking into the explosive allegations against Adani Group made by US short seller Hindenburg Research, which accused the conglomerate of 'the largest con in corporate history.' Indian regulator FreeNnamdiKanuNow FreeNnamdiKanuNow FreeNnamdiKanuNow FreeNnamdiKanuNow FreeNnamdiKanuNow FreeNnamdiKanuNow FreeBiafra Nigeria government must obey they court order and release our leader mazi nnamdi kanu uncondionll and give us date for referendum to avoid trouble Market regulator of India? Good. Come and stay in India 'gujariye kuch din hamare saath'.
Source: cnni - 🏆 326. / 59 Read more »
Gautam Adani Seeks to Appease Investors as Flagship Unit’s Earnings JumpSeeking to allay investors’ concerns, Indian billionaire Gautam Adani described the current market volatility as temporary after a weekslong share-price rout Still nose bleedingly high PE ratio. Still so far to fall to bring in line with other industrial firms valuations. The sad thing is that it's the shareholders of all the western institutions that are going to pay for their lack of due diligence in investing in the group. It looks like corruption oozes out of the pores of his oily skin. dhume Since you are above any criticism, I would like to point out your article about Modi and Adani. You said Modi killed 1000 Muslims. Please have some shame. What kind of journalism is this? Clearly, you have forsaken the truth and just have an agenda!
Source: WSJ - 🏆 98. / 63 Read more »