Congress leader Jairam Ramesh has written to Reserve Bank of India Governor Shaktikanta Das and SEBI chairperson Madhabi Puri Buch, in two separate letters, seeking an investigation on the allegations levelled against the Adani Group by Hindenburg Research. Citing the Adani Group’s large size, his letter to the SEBI chief said investigations must be […]
Read Time : 3 Minutes
Plea in SC seeking media gag on reports against Adani Group
A plea has been moved in the Supreme Court seeking to issue a gag order restraining media from releasing any statement against the listed companies including the Adani group of companies unless pre-verified by the SEBI. The petition has been moved by advocate ML Sharma, who has earlier also sought […]
Read Time : 7 Minutes
Adani Group answers all 88 questions raised by Hindenburg Research; including age of its auditors
The Adani group, in a sharp and focused response to Hindenburg Research’s report on its businesses, has responded to all 88 questions raised by Hindenburg including the young age of its auditors. The research firm, in its report, raised concerns about shares of Adani group companies having a possibility of declining […]
Read Time : 2 Minutes
Adani Group demanded deployment of central forces at its construction site in Vizhinajam: Kerala minister
Kerala Transport Minister Antony Raju on Saturday said that the Adani Group approached the High Court requesting the security cover of central forces in its port construction site in Vizhinjam. “Adani Group approached the High Court requesting the security cover of central forces in its port construction site,” the minister […]
Read Time : 4 Minutes
Adani Group responds to NDTV letter that said IT authorities’ nod needed for transfer of shares
Adani group’s flagship company Adani Enterprises through a stock filing on Thursday said NDTV group firm RRPR Holding’s letter which said its stakeholding in NDTV has been “provisionally attached” by the Income Tax authorities and it would require the tax agency’s approval for them to be transferred holds “no merit or basis either in law or […]
Read Time : 4 Minutes
TotalEnergies to acquire 25 pc in Adani Group’s green hydrogen producing venture
Adani, India’s fastest growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. According to a statement issued by the Adani Group, in this strategic alliance, TotalEnergies will acquire a 25 per cent minority interest […]
Read Time : 2 Minutes
Adani Group to invest Rs 70,000 crore in Uttar Pradesh
Adani Group Chairman Gautam Adani said on Friday his group companies would invest Rs 70,000 crore in Uttar Pradesh that would help create around 30,000 jobs in the state. Addressing Uttar Pradesh Investors Summit 2022, Adani said, “We are investing over Rs 70,000 crore in the state. We anticipate this […]
Read Time : 5 Minutes
Flipkart enters into strategic partnership with Adani Group
Flipkart, India’s leading homegrown e-commerce marketplace, on Monday announced a strategic and commercial partnership with the Adani Group, India’s largest multinational infrastructure company. In this two-pronged partnership, Flipkart will work with Adani Logistics Limited, the largest diversified end-to-end logistics service provider in the country and a wholly-owned subsidiary of Adani Ports and Special Economic Zone […]