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Adani

Adani Group Faces Scrutiny Over Alleged Violations: Bagheer Report

Adani Group Faces Scrutiny Over Alleged Violations: Bagheer Report

2023-08-29
Press Release
By: Ankur Patel
On: August 29, 2023

India’s Adani Social event is under remarkable assessment following the appearance of a damning report by normal watchman canine Bagheer, which charges a movement of encroachment by the mix. The report, followed through on Tuesday, faults the association for various regular and regulatory breaks in various regions. The Bagheer report,Continue Reading

In run-up to Karnataka polls, Rahul minces no words to target BJP over Adani issue

In run-up to Karnataka polls, Rahul minces no words to target BJP over Adani issue

2023-05-08
National
By: SAQIB SHAFI
On: May 8, 2023

[ad_1] Bengaluru: The campaigning for the May 10 Karnataka Assembly polls that ended on Monday has witnessed former Congress chief Rahul Gandhi not mincing any words to target the BJP government at the Centre over the Adani issue, besides raising the “issues of corruption under the Basavaraj Bommai-led BJP government”Continue Reading

Adani shares need big rally to reach pre-Hindenburg levels

Adani shares need big rally to reach pre-Hindenburg levels

2023-05-05
National
By: SAQIB SHAFI
On: May 5, 2023

[ad_1] The Adani Group, one of India’s leading conglomerates, has been in the news for a while now, thanks to the Hindenburg Research report that was released on January 24, 2023. The report levels allegations against the group causing a massive dip in the stock prices of the Adani GroupContinue Reading

Auditor named in Hindenburg report resigns from Adani company

Auditor named in Hindenburg report resigns from Adani company

2023-05-03
National
By: SAQIB SHAFI
On: May 3, 2023

[ad_1] New Delhi: A small Ahmedabad-based chartered accountancy firm, whose appointment was questioned by a US short seller in its scathing report against the conglomerate run by billionaire Gautam Adani, has resigned due to “pre-occupation”, Adani Total Gas Ltd said. Hindenburg Research in its January 24 report that levelled allegations ofContinue Reading

Adani Power stock gives 29 pc return in 14 days as share price surges

Adani Power stock gives 29 pc return in 14 days as share price surges

2023-05-03
National
By: SAQIB SHAFI
On: May 3, 2023

[ad_1] Adani Group’s power business arm, Adani Power, continued its upward trend for the eighth trading session, with its share price rising by 2.78 percent to Rs. 242.50 today. The share price surge has been an impressive 29.47 percent in just 14 days, as it has risen from Rs 187.30Continue Reading

Congress wonders if SEBI request for extension in Adani case an attempt to bury the ‘scam’

Congress wonders if SEBI request for extension in Adani case an attempt to bury the ‘scam’

2023-04-29
National
By: SAQIB SHAFI
On: April 29, 2023

[ad_1] New Delhi: The Congress on Saturday expressed apprehension over the SEBI’s six-month extension request to probe the alleged stock market manipulation of Adani group shares, saying it hopes it was not an effort to bury the “scam.” AICC general secretary Jairam Ramesh said the Securities and Exchange Board ofContinue Reading

No conclusions of any alleged wrong-doing in Sebi’s application to SC: Adani Group

No conclusions of any alleged wrong-doing in Sebi’s application to SC: Adani Group

2023-04-29
National
By: SAQIB SHAFI
On: April 29, 2023

[ad_1] New Delhi: Adani Group said in a statement issued on Saturday night that in the Sebi application filed before the Supreme Court, there are no conclusions of any alleged wrong-doing. A spokesperson for Adani Group said Sebi is conducting an investigation into the allegations levelled by a foreign short-sellerContinue Reading

Adani tried to get to me through his ‘wheeler dealers’: Mahua Moitra

Adani tried to get to me through his ‘wheeler dealers’: Mahua Moitra

2023-04-20
National
By: SAQIB SHAFI
On: April 20, 2023

[ad_1] New Delhi: Trinamool Congress MP Mahua Moitra has alleged that industrialist Gautam Adani tried to “get to me” and some other people through his “wheeler dealers” and criticised NCP leader Sharad Pawar for meeting the Gujarat-based businessman. No politician should engage with Adani till government takes on charges levelledContinue Reading

Gautam Adani meets Sharad Pawar in Mumbai row over Hindenburg report

Gautam Adani meets Sharad Pawar in Mumbai row over Hindenburg report

2023-04-20
National
By: SAQIB SHAFI
On: April 20, 2023

[ad_1] Mumbai: Industrialist Gautam Adani met NCP chief Sharad Pawar at the latter’s residence in Mumbai on Thursday, party sources said. The meeting follows Pawar’s recent statement that he is not opposed to a Joint Parliamentary Committee probe into the charges made by Hindenburg Research against the Adani group, butContinue Reading

LIC increases holdings in Adani stocks despite Hindenburg controversy

LIC increases holdings in Adani stocks despite Hindenburg controversy

2023-04-12
National
By: SAQIB SHAFI
On: April 12, 2023

[ad_1] Life Insurance Corporation of India (LIC), one of the investors in the Indian stock market, has increased its stake in four Adani Group companies despite the Hindenburg controversy that dragged down Adani stock prices. In the March quarter, LIC acquired 357,500 shares of Adani Enterprises, thereby increasing its shareContinue Reading

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