Two Adani group companies face ‘contagion risks’: Fitch report

Two Adani group companies face ‘contagion risks’: Fitch report

[ad_1] Adani Group New Delhi: Global ratings agency Fitch has said that two companies within the Adani Group – Adani Ports & SEZ Ltd. and Adani Transmission Ltd. – face increased “contagion risks” due to weak governance within the conglomerate. The report, released on Tuesday in Singapore, suggests that until these concerns are addressed, the … Read more

Adani issue: Sebi chief declines to comment, says matter sub-judice

Adani issue: Sebi chief declines to comment, says matter sub-judice

[ad_1] Gautam Adani [Image credit: twitter/AJEnglish] Mumbai: Sebi Chairperson Madhabi Puri Buch on Wednesday said the regulator will not comment on the Adani issue and that the matter is sub-judice. In the wake of a report by the New York based short-seller Hindenburg Research on the Adani group in January, there was a steep fall … Read more

Adani debunks reports on repayment of loans against shares

Adani debunks reports on repayment of loans against shares

[ad_1] New Delhi: The Adani Group has strongly refuted news reports which makes the baseless and deliberately mischievous claim that the Group has not completed the repayment of USD 2.15 billion in share-backed debt. Adani has completed full prepayment of margin linked share backed financing aggregating to USD 2.15 billion and all corresponding shares pledged … Read more

Why is public’s retirement money being invested in Adani?: Rahul Gandhi to Centre

Why is public’s retirement money being invested in Adani?: Rahul Gandhi to Centre

[ad_1] Congress leader Rahul Gandhi attacked Prime Minister Narendra Modi, asking why the public’s retirement money is being invested in Adani companies even after various allegations were levelled against the firm. Disqualified as Lok Sabha MP on Friday after he was convicted and sentenced to a two-year jail term in a defamation case by a … Read more

Gujarat govt paid Rs 16,900 cr in two years to Adani, Tata firms to buy electricity

Gujarat govt paid Rs 16,900 cr in two years to Adani, Tata firms to buy electricity

[ad_1] Gandhinagar: The Gujarat government has paid Rs 16,900 crore to Adani Power and Tata Power for purchasing electricity during the last two years, the state Assembly was informed on Monday. As per the data tabled by Energy Minister Kanubhai Desai during Question Hour, the state government paid Rs 8,160 crore to Adani Power Mundra … Read more

Mahua Moitra takes potshots at govt over Adani issue, shell companies

Mahua Moitra takes potshots at govt over Adani issue, shell companies

[ad_1] TMC MP Mahua Moitra (Photo: Facebook) New Delhi: Trinamool Congress MP Mahua Moitra on Monday took potshots at the government while sharing a Corporate Affairs Ministry’s two years old press release which stated that more than 2.38 lakh shell companies were identified between 2018 and 2021. She tweeted the official statement while tagging it … Read more

Telangana: ‘Won’t say Modi is a broker for Adani’, KTR’s jibe at BJP

Telangana: ‘Won’t say Modi is a broker for Adani’, KTR’s jibe at BJP

[ad_1] KT Rama Rao and Bandi Sanjay Kumar. Hyderabad: IT minister KT Rama Rao on Monday said that he will not call Prime Minister Narendra Modi a broker even though the entire country was saying this. He was responding to BJPs comments on chief minister K Chandrashekhar Rao being called a ‘broker’. Speaking at the … Read more

Oppn MPs in black stage protest over Adani issue, Rahul’s disqualification

Oppn MPs in black stage protest over Adani issue, Rahul’s disqualification

[ad_1] New Delhi: Wearing black clothes, several opposition MPs on Monday took out a march from parliament to Vijay Chowk to protest against the government over the Adani issue and Rahul Gandhi’s disqualification from the Lok Sabha. The protesters, including Congress MP Sonia Gandhi and party chief Mallikarjun Kharge, gathered near the statue of Mahatma Gandhi … Read more

BJP wants to avoid Adani questions, PM silent on him: Priyanka Gandhi

BJP wants to avoid Adani questions, PM silent on him: Priyanka Gandhi

[ad_1] New Delhi: Congress leader Priyanka Gandhi Vadra on Saturday launched a fresh attack on the BJP over her brother and Congress leader, Rahul Gandhi’s disqualification from the Lok Sabha, saying the move was a ploy by the ruling party to evade questions on the Adani issue in Parliament. Taking to Twitter, Priyanka Gandhi posted, … Read more

Divert attention from Adani issue: Rahul on charges of insulting OBCs

Divert attention from Adani issue: Rahul on charges of insulting OBCs

[ad_1] New Delhi: With the BJP accusing him of insulting OBCs with his “Modi surname” remark, Congress leader Rahul Gandhi on Saturday said he has been talking of brotherhood in all his speeches and the ruling party was just trying to divert attention from the Adani issue by making such allegations. Gandhi was on Thursday sentenced … Read more