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[ad_1] Nanded: Telangana Chief Minister K Chandrasekhar Rao on Sunday demanded Adani Group’s “scam” be discussed in a Joint Parliamentary Committee (JPC) as he targeted the Centre over the import of coal and its “love” for Adani. He claimed the Centre is pressuring Life Insurance Corporation to make a false statement over its exposure in…
[ad_1] Mumbai: Axis Bank on Saturday clarified that the lender remains comfortable with its exposure to the Adani Group.In a statement shared with exchanges, the lender wrote, “We extend credit, basis comfort on cash flow, security, and repayment capability of obligors as per the Bank’s credit assessment framework. We remain comfortable with our exposure to…
[ad_1] New Delhi: The Congress on Sunday stepped up its attack on the Centre over allegations against the Adani group, alleging that the Modi government’s “loud silence” over the issue “smacks of collusion”. Adani group stocks have taken a beating on the bourses after US-based activist short-seller Hindenburg Research made a litany of allegations, including…
[ad_1] New Delhi: The Congress on Sunday said that it will ask three questions a day related to Adani issue to the Prime Minister. The Congress said that after Panama Papers leak no action was taken despite assurance from the Prime Minister. Congress Communication In-charge Jairam Ramesh said on Sunday, “Amid the allegations against the…
[ad_1] Indore: Amid the raging controversy over Adani Group’s stocks, the BJP on Saturday said financial markets are highly regulated and the Centre is closely monitoring the situation. Stocks of the Adani Group have taken a beating on the bourses after US-based activist short-seller Hindenburg Research made a litany of allegations, including fraudulent transactions and…
[ad_1] Congress leader Digvijaya Singh. Photo: ANI. (file) Bhopal: Congress leader Digvijaya Singh on Saturday said Rahul Gandhi had predicted that the meteoric rise in the share prices of Adani group firms was a “bubble” which would burst soon. Adani group stocks have taken a beating on the bourses after US-based activist short-seller Hindenburg Research…
[ad_1] New Delhi: Amid a raging controversy over a meltdown in Adani group stocks, regulator Sebi on Saturday said it is committed to ensuring the stock market’s integrity and all necessary surveillance measures are in place to address any excessive volatility in individual shares. Without naming the Adani group specifically, the capital markets watchdog said…
[ad_1] Union Finance Minister Nirmala Sitharaman Mumbai: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday said India’s macro fundamentals and economic image are not affected by the Adani Group’s withdrawal of its Rs 20,000 crore FPO. In the last two days alone, USD 8 billion in forex came in, the finance minister…
[ad_1] New Delhi: The Congress-led opposition stepped up its attack on Friday against the government over the Adani row and demanded that there should be a thorough investigation into what they alleged was a “mega scam” as it involved public money. Opposition parties have been demanding a joint parliamentary probe or a Supreme Court-monitored investigation…
[ad_1] Congress General Secretary Jairam Ramesh New Delhi: Congress leader Jairam Ramesh claimed on Friday that a senior government official has described the recent developments involving the Adani Group as a “storm in a tea cup” and said the cup belongs to none other than Prime Minister Narendra Modi. “A responsible senior official has dismissed…