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Jairam Ramesh. File | Photo Credit: ANI The Congress on October 19 urged the Securities and Exchange Board of India (SEBI) to stand firm and finish its investigation into the Adani matter in a timely manner, even as it reiterated that only a JPC probe can investigate the full scope of the issue. In a…
Adani Group has responded on the Mahua Moitra-Darshan Hiranandani controversy New Delhi: The Adani Group today said it is clear that some groups and individuals have been “working overtime” to harm the conglomerate’s “name, goodwill and market standing” as proven by allegations that Trinamool Congress MP Mahua Moitra and Hiranandani Group CEO Darshan Hiranandani orchestrated…
Traffic moves past the logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad. File photo | Photo Credit: REUTERS Shares of Adani Group companies on Friday, October 13, 2023, came under selling pressure and were trading at losses with flagship Adani Enterprises Ltd tanking over 3% a day after…
Read More “Adani group shares fall after media report on alleged over-invoicing of coal imports ” »
Army says officer injured in ‘grenade accident’ at a post in J&K’s Rajouri The Army on October 5 evening said one officer has been injured in a likely grenade accident at a post in Jammu and Kashmir’s Rajouri sector. “The officer was evacuated and stable post initial treatment. Further investigation of the incident in progress,”…
The project starts in the Kharghar area of Navi Mumbai. New Delhi: Adani Energy Solutions on Monday said it has commissioned the Khargar-Vikhroli transmission line to supply an additional 1,000 MW of power to Mumbai city. “Kharghar Vikhroli Transmission Ltd (KVTL), which will enable additional power to be brought into Mumbai and thus enable in…
Read More “Adani Energy Solutions Commissions Khargar-Vikhroli Transmission Line” »
Senior Congress leader Jairam Ramesh. File | Photo Credit: The Hindu The Congress on September 14 alleged that the “Adani scam” has exposed the role tax havens play in hiding large-scale violation of Indian laws and said the issue should have been discussed at the recent G20 Summit. It also said that if a Joint…
Adani Group already is the largest renewable energy producer and for green hydrogen project New Delhi: Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets. Billionaire Gautam Adani-led conglomerate is investing up to USD 50 billion…
New Delhi: The promoters of Adani Ports & SEZ have acquired an additional 2.17 per cent stake in the company, according to exchange filings. With this, the promoters have raised their stake to 65.23 per cent from 63.06 per cent. The promoters of Adani Enterprises acquired an additional 2.06 per cent stake in the company….
Read More “Adani Ports, Adani Enterprises’ Promoters Raise Stake” »
Most of the heavyweight Adani Group stocks have recovered at least 50 per cent. New Delhi: A day after the Adani Group rejected the OCCRP (Organised Crime and Corruption Reporting Project) report, Adani Group shares recovered from intraday lows and traded in the green. Shares of Adani Group’s flagship company Adani Enterprises witnessed a surge…
Read More “Day After Adani Group Rejects OCCRP Report, Shares Gain” »
Most Adani Group stocks were trading higher at around 1 p.m. on Friday. Indian stock markets shrugged off the allegations raised by the OCCRP report alleging “opaque” trading by Adani Group. After the initial reaction on the day the report was released, there was no follow through selling in the Adani group stocks. The general…
Read More “Most Adani Group Stocks Rise As Markets Shrug Off OCCRP Allegations” »
