Two Adani Group Firms Dropped From MSCI's India Gauge

Two Adani Group Firms Dropped From MSCI's India Gauge

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Business

University

Hard

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The video discusses MSCI's decision to exclude Adani Transmission and Adani Total Gas from its India Gauge due to a recalculation of free float, impacting investments. It highlights the potential financial impact, with analysts predicting significant outflows. The video also covers Adani Group's plans to raise funds, with board meetings scheduled to discuss potential fundraising of $3-5 billion. However, details on the instruments and investors remain unclear, and the Abu Dhabi Group has declined to invest in any share sale.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which three Adani Group companies are mentioned to have board meetings to consider fundraising?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated range for the fundraising amounts that the Adani Group companies are considering?

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