Chris Thomas
Stories by Chris Thomas
BYJU’s early investor Mohandas Pai calls for better governance after auditor exit
Pai, chairman and co-founder of Aarin Capital, previously worked at IT giant Infosys.
Temasek considers investing $100m in Indian jeweller BlueStone
The investment would value the Accel-backed firm at close to $500 million.
Apparel retailer Fabindia shelves $482m IPO amid rough market conditions
It becomes the latest company to scrap listing plans as interest rate worries pressure stock markets.
India opposes Vedanta’s $3b zinc assets sale
The government opposed Hindustan Zinc's purchase of Vedanta’s Africa-based assets.
Fresh challenges mount for Adani as market losses top $100b
S&P Dow Jones Indices said it would remove Adani Enterprises from widely used sustainability indices.
Gautam Adani loses Asia’s richest crown as stock crash wipes out $84b
Wednesday's stock losses saw Gautam Adani slip to 10th on Forbes rich list.
Adani Group stocks resume slide after $2.5b share sale goes through
The group completed a $2.5b share sale a day earlier.
Adani sails through $2.5b secondary share sale despite Hindenburg report
The anchor portion of the FPO attracted investors including Maybank Securities, and ADIA.
Adani Group’s market loss swells to $65b in short-seller attack aftermath
The Hindenburg report has led to a massive wipe-out in seven listed firms of the Adani group since last week.
Maybank, ADIA snap up shares in Adani’s secondary share offering
This coincides with a short-seller report that slammed the shares of Adani Group companies.
