Adani Group Firms Fall in Morning Trade; Adani Enterprises Tumbles Over 9%
Shares of Adani Power declined 5 per cent, Adani Transmission fell 5 per cent, Adani Total Gas (5 per cent), Ambuja Cements (5 per cent) Adani Green Energy (4.99 per cent), Adani Wilmar (4.99 per cent) and NDTV (4.55 per cent).
Feb 22, 2023, 12:50 PM IST
Adani Firm Repays Rs 1,500 cr to SBI Mutual Fund, Aditya Birla Sun Life
An SBI MF spokesperson said it has no further exposure.
Feb 22, 2023, 12:46 PM IST
George Soros 'is a Crazy Nut', Addled by Age, Says Industry Doyen KP Singh of DLF
Singh, who helmed India's biggest listed private real estate company DLF Ltd and is known for plain-speaking, said in an interview with PTI that India has got the best democratically elected Prime Minister, who has been elected with thumping majority not once but twice.
Feb 20, 2023, 08:37 AM IST
George Soros Says Turmoil at Adani Group may 'Weaken' Narendra Modi Govt
George Soros is a Hungarian-American businessman and philanthropist. He donated more than $32 billion to the Open Society Foundations.
Feb 17, 2023, 13:43 PM IST
Adani-Hindenburg Saga: Supreme Court to Hear PILs, Mull Over Setting up Experts' Panel to Strengthen Regulatory Mechanisms
The Centre had told the bench, also comprising Justices P S Narasimha and J B Pardiwala, that it wanted to provide details such as names and the scope of the panel's mandate in a 'sealed cover'.
Feb 17, 2023, 11:32 AM IST
Adani Group Touts 'Very Healthy' Balance Sheet in Bid to Calm Investors
Last week, Moody's Investors Service cited concerns about Adani's ability to raise capital or refinance maturing debt in the coming years while S&P Global Ratings cut the rating outlook for four group firms to negative from stable.
Feb 15, 2023, 15:41 PM IST
Adani-Hindenburg Row: Adani Group Hires Grant Thornton For Some Independent Audits
A SEBI report has meanwhile said that there is no significant impact on market warranting review of regulatory frameworks amidst the Adani-Hindenburg Row.
Feb 14, 2023, 10:54 AM IST
'Nothing Unparliamentary': Mallikarjun Kharge Reacts After Lok Sabha Secretariat's Notice To Rahul Gandhi
Budget Session 2023: Talking to the media, here in the national capital, Kharge said, "Whatever Rahul Gandhi had mentioned in the Parliament was already in the public domain and there is nothing unparliamentary about this."
Feb 13, 2023, 16:17 PM IST
Adani Group Stocks Slide in Morning Trade, Adani Enterprises Falls Over 4%
Some of the Adani group firms also touched their lower price bands.
Feb 13, 2023, 11:35 AM IST
Adani Group Firms Pledge More Shares for SBI
Adani Ports and Special Economic Zone (APSEZ), Adani Transmission Ltd, and Adani Green Energy pledged shares to SBICAP Trustee Company, a unit of India's biggest lender, SBI.
Feb 12, 2023, 21:48 PM IST
Regulators Very Experienced, Seized of the Matter: FM on Adani Group Row
A bench headed by Chief Justice D Y Chandrachud also told Solicitor General Tushar Mehta to convey to the officials of SEBI that it was not "planning any witch hunt".
Feb 11, 2023, 16:40 PM IST
Adani-Hindenburg Saga: Global Firm Moody's Cuts Rating Outlook of Four Adani Companies from 'Stable' to 'Negative'
Adani group companies have lost USD 100 billion in market value since the US short-seller Hindenburg Research came out with a damning report alleging fraud at the conglomerate helmed by Gautam Adani.
Feb 11, 2023, 08:04 AM IST
Adani-Hindenburg Saga: SC Suggests Expert Panel to Protect Indian Investors
Supreme Court sought views of the Centre and market regulator SEBI on PILs alleging exploitation of innocent investors and "artificial crashing" of the Adani Group's stock value.
Feb 10, 2023, 17:22 PM IST
Adani Group Hires US Law Firm Wachtell in Fight Against Hindenburg: Report
The Adani Group has attacked Hindenburg as "an unethical short seller" and stated that the report by the New York-based entity was "nothing but a lie".
Feb 10, 2023, 14:20 PM IST
LIC Management to Meet Adani Group Top Executives Soon, Says Chairman
Even after the Hindenburg report, LIC invested about Rs 300 crore in buying 9,15,748 shares in Adani Enterprises' Rs 20,000-crore follow-on public offer as an anchor investor.
Feb 10, 2023, 12:56 PM IST
Most Adani Group stocks slide in morning trade; Adani Enterprises falls 10%
Amid volatile trading in the market, seven Adani Group firms were in the negative territory while three others were in the green.
Feb 10, 2023, 11:51 AM IST
SC Agrees to Hear Friday Plea Seeking Probe Into Hindenburg Research Report on Adani Firms
The Adani Group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations, including fraudulent transactions and share-price manipulation, against the business conglomerate.
Feb 09, 2023, 15:46 PM IST
Adani Wilmar Raided Over Allegations Of GST Violations in Himachal Pradesh, Company Says No Irregularities Found in Operations
Adani Raid: The GST officials took stock of the inventories at the godown, besides checking relevant documents.
Feb 09, 2023, 15:33 PM IST
'PM Modi Should get a Gold Medal': Rahul Gandhi's Fresh Jibe Amid Adani-Hindenburg Issue
Speaking in Lok Sabha, Congress leader Rahul Gandhi linked businessman Gautam Adani's meteoric rise to PM Narendra Modi's coming to power.
Feb 07, 2023, 21:55 PM IST
Rahul Gandhi Attacks PM Modi, Asks how Many Times has he Traveled Abroad With Adani
Former Congress chief Rahul Gandhi also displayed a picture of PM Narendra Modi with Gautam Adani in the business tycoon's plane to highlight their alleged proximity.
Feb 07, 2023, 17:25 PM IST
