MSCIGlobal Standard Index has decided to exclude twoAdani GroupCompanies from the index.
Image Source
Which will beeffectiveafter the end ofTradingon 31 May.
Image Source
Thisdecisionhas been taken by Index at a time when theGroupisPreparingto Raise Funds through its ThreeCompanies.
Image Source
Hearingis to be held on the Petitions filed on theAdani-Hindenburgissue in the SupremeCourt.
Image Source
But even before this,GautamAdanihas got a Big Blow.
Image Source
Actually, Two Companies ofAdani Grouphave been excluded fromMSCIGlobalStandard Index.
Image Source
These companies areAdaniTransmission and AdaniTotal Gas.
Image Source
It has been said onbehalfof theIndexthat thisdecisionon both these Companies will beeffectiveafter the end of Trading on31 May.
Image Source
This can be considered a big blow for theAdani Group, which has suffered hugelossessince theResearchReport ofAmericanshort sellerHindenburgcame out this year.
Image Source
इन्टरनेट और कंप्यूटर से सम्बंधित जानकारी के लिए Swipe Upकरे