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, named “Adani Get-together: A More … Read more
[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” in the poll-bound state. The … Read more
[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 Group companies. However, the shares recovered … Read more
[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 of fraud, stock manipulation and money … Read more
[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 187.30 on April 19. This impressive … Read more
[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 of India has asked for a … Read more
[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-seller on January 25, 2023 and … Read more
[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 levelled against him, she said. Without … Read more
[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, but a Supreme Court committee will … Read more
[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 share in the company from 4.23 … Read more