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Adani Enterprises plans to raise up to 8 billion rupees ($95.32 million) via the bond sale Adani Enterprises’ first retail bond was fully subscribed at its launch on Wednesday, stock exchange data showed, in a rare issue on the market. While the group has raised money from institutional investors since allegations made by US short-seller…
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Madhya Pradesh Chief Minister Mohan Yadav along with Union Minister Jyotiraditya Scindia, state Assembly Speaker Narendra Singh Tomar, Adani Ports & Special Economic Zone Ltd CEO Karan Adani and other dignitaries inaugurate Regional Industry Conclave, in Gwalior on August 28, 2024 | Photo Credit: ANI The Adani Group has proposed to invest ₹3,500 crore in…
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According to the results, the strong performance for the quarter was led by Adani Enterprises’ emerging businesses, including solar and wind manufacturing. File | Photo Credit: Reuters Adani Group said that its portfolio of companies reported first quarter adjusted net profit surged 50.1% to ₹10,279 crore over the year ago period. EBITDA for the quarter…
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Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch. File | Photo Credit: PTI An application filed in the Supreme Court on Tuesday (August 13, 2024) said the new Hindenburg Research’s allegations against Securities Exchange Board of India (SEBI) chairperson Madhabi Buch creates an “atmosphere of doubt”, making it incumbent for the court…
Hindenburg Research had released the report on Saturday. New Delhi: In the Centre’s first reaction to the latest report released by Hindenburg Research, Union Minister Kiren Rijiju has said that the Congress and some of its allies want to destroy the country. The principal opposition party and others, he said, could not win the elections…
New Delhi: The Congress “wants the Indian stock market to crash” the BJP’s Ravi Shankar Prasad said Monday as the ruling party continues to hit back at the opposition over short-seller Hindenburg Research’s latest allegations of financial misconduct against the Adani Group. The former Union Law Minister also claimed the Congress is “involved in creating…
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SEBI chief Madhabi Puri Buch at SEBI Bhavan in Mumbai. | Photo Credit: PTI In its first comments following a new report by U.S.-based short seller Hindenburg Research, capital markets regulator SEBI on Sunday (August 11, 2024) said it has investigated all the allegations against the Adani group. Chairperson Madhabi Buch made relevant disclosures from…
Congress president Mallikarjun said, “the concerns persist that PM Modi will continue to shield his ally, compromising India’s constitutional institutions, painstakingly built over seven decades.” | Photo Credit: PTI In the wake of U.S. short-seller Hindenburg Research’s allegations against SEBI chairperson Madhabi Buch, the Congress said on Sunday (August 11, 2024) that the Government must act…
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SEBI chairperson Madhabi Puri Buch. Photo: sebi.gov.in U.S. based short-seller Hindenburg Research in a new report released on Saturday (August 10, 2024) alleged that the chairperson of India’s market regulator Securities and Exchange Board of India (SEBI) Madhabi Puri Buch held investments in certain offshore funds that were also used by the Adani group. Ms….
Adani group donates Rs 5 crore for Wayanad landslide victims. New Delhi: The Adani group has fulfiled its promise of Rs 5 crore donation to support the rehabilitation of Wayanad landslide victims. On July 31, Gautam Adani, Chairman and founder of the Adani group of companies expressed his condolences for the lives lost in the…
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