Adani Group
- Telangana
Centre uses companies like LIC to help Adani, other businessmen: KCR
Hyderabad: Telangana Chief Minister K Chandrashekar Rao (KCR) stated on Sunday in the Bharat Rashtra Samithi (BRS) Parliamentary Party that the situation in the country is deteriorating day by day due to…
- India
‘Adaniscam’ trends on Twitter, questions on deposits in LIC, SBI raised
Following the outbreak of the Hindenburg report on the Adani group, on Friday, the hashtags ‘Hindenburg Report’, ‘Hindenburg Research’, and ‘Adani scam’ trended on Twitter. Several Twitter users including members of the…
- India
Kidnapped for ransom, 26/11 survivor Gautam Adani faces biggest challenge yet
New Delhi: He was kidnapped by bandits in 1998 for ransom and when terrorists attacked Mumbai almost 11 years later, he was among the hostages held at the seafront Taj Hotel. College-dropout Gautam…
- India
Adani stock fall: LIC, SBI ‘lost over Rs 78k cr’ in market cap, FM still on ‘mute mode’, says Cong
New Delhi: The Congress Saturday questioned the “silence” of the Union finance minister and probe agencies after LIC and SBI “lost over Rs 78,000 crore” in market capitalisation of their shares due…
- Telangana
Hindenburg report: KTR goes after BJP, asks who was aiding Adani group
Hyderabad: BRS working president and Telangana IT minister KT Rama Rao on Saturday went after the BJP-led Centre and said that there are serious questions that need to be answered by the…
- India
Govt must clear air over allegations against Adani Group: BSP supremo Mayawati
Lucknow : BSP supremo Mayawati on Saturday said the central government should clear the air over financial irregularities allegations levelled by Hindenburg Research against the Adani Group. Hindenburg Research, a US-based investment…
- Business
Hindenburg fraud-type assertions are devoid of facts: Adani Group
New Delhi: The Adani Group has said that accounting (or fraud-type assertions) “investigation” by Hindenburg Research are devoid of facts. Of Adani’s portfolio’s nine publicly listed entities, eight are audited by one…
- Business
Sensex, Nifty go into a tailspin after ‘fraud’ report on Adani group
Mumbai: Benchmark indices Sensex and Nifty plunged over 1 per cent to close at three-month lows on Friday due to selling in banking, financials, utilities and oil shares triggered by an unfavourable…
- Business
Adani loses spot on world’s top five billionaire list as net worth dips
India’s richest person Gautam Adani lost a spot on the list of the world’s top five billionaires after his net worth dipped by USD 20.1 billion today. On Friday, Adani group stocks…
- Business
Adani evaluating remedial and punitive action against Hindenburg Research
New Delhi: The maliciously mischievous, unresearched report published by Hindenburg Research on January 24 has adversely affected the Adani Group, our shareholders and investors, the Adani Group said in a statement on…
- Business
‘Malafide intention’: Adani Group on Hindenburg Research’s allegations of fraud
Soon after US’s Hindenburg Research investigative report accused Adani Group of the improper wide use of businesses established in offshore tax havens and expressed worry about excessive debt levels, the conglomerate released…
- Telangana
Telangana: KTR dares CBI, ED, IT to probe Adani Group ‘fraud’
Hyderabad: Telangana IT minister KT Rama Rao has challenged the central investigative agencies including the Enforcement Directorate (ED), Central Bureau of Investigation (CBI), Income Tax Department (IT), and Securities and Exchange Board…
- Business
US’s Hindenburg Research alleges fraud in Adani group’s dealings
Hindenburg Research, a well-known short seller in the United States, disclosed short positions in the Adani Group on Wednesday, accusing the conglomerate of the improperly wide use of businesses established in offshore…
- India
Adani Group to invest Rs. 60K crore, Reliance Rs. 40K crore in MP
Indore: Responding to the Madhya Pradesh Chief Minister Shivraj Singh Chouhan, major business houses including Adani Group, Reliance Group, Adita Birla Group and JSW Group pledged investment of several thousand crores of rupees…
- India
Adani to pay additional amount for NDTV shares to match payment to founders
Delhi: Richest Asian Gautam Adani’s group on Tuesday said it will pay an additional ₹48.65 a share to NDTV stockholders who tendered their shares in its open offer to help match what…
