7 Adani stocks faced regulatory surveillance since 2019 for price rise and fall, other issues: Market data
Adani group stocks have taken a huge beating on the bourses, losing billions of dollars in market value, after US-based activist short-seller Hindenburg Research made a litany of allegations, including fraudulent transactions and share price manipulation at the Gautam Adani-led group.
Feb 07, 2023, 15:49 PM IST
Adani-Hindenburg Row: Opposition Relentless in Demand for Discussion, JPC Probe as Modi Government Refuses to Buzz
A united Opposition relentlessly demanded discussing the allegations of fraud against the Adani Group. The Opposition parties also held a meeting to discuss their strategy and agreed that there should a discussion in Parliament on the issue and a Joint Parliamentary Committee should investigate the matter.
Feb 06, 2023, 16:30 PM IST
Adani Group to Pre-pay $1,114 Million for Release of Pledged Shares Ahead of Maturity in September 2024
These shares belong to Adani Ports & Special Economic Zones, Adani Green Energy and Adani Transmission.
Feb 06, 2023, 15:01 PM IST
Will Raise Adani Issue in Parliament: Congress President Mallikarjun Kharge
The opposition parties have constituted a meeting in LoP Mallikarjun Kharge`s chamber in Parliament to chalk out a strategy on the Adani-Hindenburg report and other issues.
Feb 06, 2023, 11:43 AM IST
Adani Group plans to trim its capital spending plans: Reports
While providing more collateral in the form of stock pledges to lenders, Adani group may moderate its capex plans in some of its businesses.
Feb 06, 2023, 08:14 AM IST
'Chuppi Todiye Pradhan Mantriji': Congress to Pose 3 Questions Daily to PM Modi as Part of 'Hum Adanike Hain Kaun' Series
Jairam Ramesh had earlier alleged that the Opposition is not being allowed to demand Joint Parliamentary Committee (JPC) on the Adani-Hindenburg issue.
Feb 05, 2023, 15:25 PM IST
Opposition's demand for JPC probe into Adani issue not justified: BJP MP Jethmalani
Wrongdoing in investments by LIC, if any, would be probed by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI), the Rajya Sabha member said.
Feb 03, 2023, 14:52 PM IST
Budget Session: Amid Ruckus on Adani row, Both Houses of Parliament Adjourned
When the Rajya Sabha assembled for the day, Jagdeep Dhankhar urged members to let the House continue with its designated business.
Feb 03, 2023, 13:39 PM IST
Adani Enterprises to be Removed From Dow Jones Sustainability Indices
This announcement by S&P Dow Jones Indices comes a week after a report by a US-based Hindenburg Research, which surfaced on January 24, claimed the Adani Group of having weak business fundamentals, allegations of stock manipulation and accounting fraud, among others.
Feb 03, 2023, 13:16 PM IST
'Chowkidar Hi Chor Hai' Trends big Time on Twitter as Govt-Opposition Spar Over Hindenburg Report on Adani Group
Hindenburg Report Row: “Chowkidar Hi Chor Hai” became a top trend on the micro-blogging platform ever since the Congress-led opposition called for an impartial investigation under the supervision of the Supreme Court or a joint parliamentary committee to probe the charges raised in the Hindenburg report against the Adani Group.
Feb 02, 2023, 21:43 PM IST
Adani Enterprises Continue With Losses, Other Group Firms Follow Suit
The Adani Group firm's shares had lost more than Rs 208 or 30.45 percent in a period of five days.
Feb 02, 2023, 13:24 PM IST
Adani Market Losses Snowball to $100 bln on Shelved Share Sale
In a late night announcement on Wednesday, Adani said he was withdrawing the share sale as the company's "stock price has fluctuated over the course of the day. Given these extraordinary circumstances, the company’s board felt that going ahead with the issue will not be morally correct."
Feb 02, 2023, 13:02 PM IST
Adani Enterprises shares tank 15%; most group firms also fall
Other group firms also continued to remain weak for the 6th day in a row, with shares of Adani Ports declining 14 percent, Adani Transmission falling 10 percent.
Feb 02, 2023, 11:53 AM IST
Parliament Adjourned After Ruckus Over Hindenburg Report on Adani Group
Adani-Hindenburg Saga: Leaders of several Opposition parties met in the Parliament complex on Thursday demanding over the US-based short-seller Hindenburg Research's allegations against the Gautam Adani-led Group.
Feb 02, 2023, 11:23 AM IST
FPO Withdrawn due to Market Volatility, Says Gautam Adani
The decision, Gautam Adani said, will not have any impact on existing operations and future plans. "We will continue to focus on timely execution and delivery of projects."
Feb 02, 2023, 09:39 AM IST
What is Hindenburg Research, firm accusing Adani of fraud
The Adani Group has blasted the accusations, calling them a malicious combination of selective misinformation and stale, baseless and discredited allegations that have been tested and rejected by India's highest courts.
Feb 02, 2023, 08:36 AM IST
Adani Enterprises Calls off Fully Subscribed FPO; Money to be Returned to Investors
"The Board of Adani Enterprises Ltd., (AEL) decided not to go ahead with the fully subscribed FPO," the Adani group's flagship company said in a statement.
Feb 01, 2023, 23:23 PM IST
Adani Enterprises Shares Nosedive 27%
Data showed the demand for the FPO was led by non-institutional investors, and they subscribed to the shares 3.26 times.
Feb 01, 2023, 17:27 PM IST
Adani Loses Asia's Richest Crown as Stock Rout Deepens to $84 billion
The losses mark a dramatic setback for Adani, the school-dropout-turned-billionaire whose business interests stretch from ports and airports to mining and cement.
Feb 01, 2023, 16:21 PM IST
