Adani Group

Rahul Gandhi on Hindenburg row: Who will be accountable for investor losses—PM Modi, SEBI Chairperson, or Adani?

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Rahul Gandhi on Hindenburg row: Who will be accountable for investor losses—PM Modi, SEBI Chairperson, or Adani?

Leader of the Opposition and Congress leader Rahul Gandhi today stated that the integrity of SEBI has been gravely compromised by the allegations against its chairperson. His statement came a day after US short-seller Hindenburg Research leveled serious charges against SEBI (Securities and Exchange Board of India) Chairperson Madhabi Buch and her husband.“The integrity of … Read more

“Nothing in report is credible…”: Rajeev Chandrasekhar trashes Hindenburg report alleging SEBI-Adani link

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“Nothing in report is credible…”: Rajeev Chandrasekhar trashes Hindenburg report alleging SEBI-Adani link

New Delhi: On the Hindenburg report with allegations on SEBI Chief and her husband, BJP leader and former Union Minister Rajeev Chandrasekhar on Sunday trashed the Hindenburg report and said that nothing in the report is credible. “These are a set of innuendos and guesswork that are being tied together with a few grains of … Read more

UltraTech to acquire India Cements; buy 32.72 pc promoters’ stake for Rs 3,954 cr

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UltraTech to acquire India Cements; buy 32.72 pc promoters’ stake for Rs 3,954 cr

New Delhi: Aditya Birla Group flagship company UltraTech Cement will acquire a 32.72 per cent stake in India Cements from promoters and their associates in a Rs 3,954 deal to expand its footprint in the highly competitive and fast-growing Southern cement market, particularly Tamil Nadu. Besides, Ultratech has also announced a Rs 3,142.35 crore open … Read more

Maha Cong protests against Adani group over smart meter installation, power tariff hike

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Maha Cong protests against Adani group over smart meter installation, power tariff hike

Mumbai: The Maharashtra Congress on Thursday staged a protest at Bandra Kurla Complex here seeking an immediate halt to the installation of smart meters by the Adani Group. The opposition party also protested against hike in electricity tariffs in the state. Maharashtra Congress’ working president Naseem Khan said Adani Electricity had hiked the power tariff … Read more

SEBI should not become another SBI, ‘too scared to touch the sacred’: Congress

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SEBI should not become another SBI, ‘too scared to touch the sacred’: Congress

New Delhi: The Congress on Wednesday hoped that the SEBI tasked with probing charges of alleged stock manipulation by the Adani Group would not seek further extension for presenting its report in the Supreme Court to push the deadline past the election date. Congress general secretary Jairam Ramesh said the Securities and Exchange Board of … Read more

U.S. probing Gautam Adani and Adani Group over potential bribery: report

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U.S. probing Gautam Adani and Adani Group over potential bribery: report

Prosecutors are digging into whether an Adani entity or people linked to the company, including Mr. Adani, were involved in paying officials in India for favourable treatment. File. | Photo Credit: The Hindu The United States has widened its investigation of Adani Group to focus on the conduct of its founder, Gautam Adani, and whether … Read more

Adani Group completes first phase of ‘twinning’ of T-2 at Thiruvananthapuram Airport

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Adani Group completes first phase of ‘twinning’ of T-2 at Thiruvananthapuram Airport

Thiruvananthapuram: The Thiruvananthapuram International Airport, run by the Adani Group, has successfully completed the first stage of “twinning” of its international terminal (T-2). This is perhaps the first time that such an attempt has been made for a brownfield airport in the country. A ‘digital twin’ has been created in BIM (Building Information Modeling) with … Read more

MP industry conclave attracts investment proposals worth Rs 1 lakh crore

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MP industry conclave attracts investment proposals worth Rs 1 lakh crore

NEW DELHI: The Regional Industry Conclave held in Ujjain, Madhya Pradesh, on March 1-2 attracted investment proposals of over ?1 lakh crore, with domestic conglomerate Adani, multinational company Pepsi and Singapore’s electronic group Samcom participating in the event. Among the major investors, Adani has promised Rs 75,000 crore of investment, Pepsi has proposed Rs 1,250 … Read more

Billionaire Gautam Adani and his wife arrive in Jamnagar for Anant Ambani and Radhika Merchant’s pre-wedding festivities amid tight security |

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Billionaire Gautam Adani and his wife arrive in Jamnagar for Anant Ambani and Radhika Merchant’s pre-wedding festivities amid tight security |

Billionaire Gautam Adani, who is the founder and chairman of the Adani Group, along with his wife Priti Adani has arrived in Jamnagar amid tight security to attend the pre-wedding festivities of Reliance Chairman Mukesh Ambani‘s youngest son Anant Ambani and industrialist Viren Merchant‘s daughter Radhika Merchant. Adani was seen arriving at the Jamnagar airport … Read more

On anniversary of Hindenburg report, Gautam Adani says group has emerged stronger

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On anniversary of Hindenburg report, Gautam Adani says group has emerged stronger

A year after a damning report by a U.S. short seller ripped through his apples-to-airport conglomerate, billionaire Gautam Adani on Thursday said the “trials and tribulations” of the past year have made the Adani group stronger as it continued on growth path, improving asset base and launching key projects, including the Dharavi redevelopment. In a … Read more