Page 60 - Adani Group

Adani sells shares in Adani Power to GQG Partners, others for $1 bn

Adani Power's shares closed 2.2 per cent lower to settle at Rs. 279.30 apiece on the BSE

India's no 2 tycoon Gautam Adani may avoid stepping on Mukesh Ambani's toes

A fresh blow arrived Saturday as Deloitte Haskins & Sells LLP, the auditor of Adani's ports unit, abruptly resigned the same week June quarter results showed record revenue and operating profit

Adani Group agrees to buy remaining stake in Quintillion Business Media

Quint Digital Media is the parent group of Quintillion Business Media. Adani Group already has a 49% stake in Quintillion Business Media.

Through mutual fund lens, Adani group stocks are in line of sight

Exposure remains less than 3% in most companies

Adani Ports versus Deloitte: Auditors' role comes under sharp focus

38 auditors resigned in 2022-23, compared with 46 the previous year

SC hearing in Adani-Hindenburg saga: Sebi seeks 15 more days to file report

Markets regulator's application before Supreme Court says it has 'progressed substantially' in investigation

Deloitte exit triggers sell-off in Adani stocks; m-cap down by Rs 25k cr

Stocks sink 2-4 per cent, leads to Rs 25,000-crore hit on m-cap

Trading strategies for Adani group stocks amid Auditor's resignation

Barring Adani Ports and Special Economic Zone, no other group company of Adani shows a favorable trend in the present technical structure,

Adani Group shares under pressure; Adani Ports, AEL slip up to 5%

Securities and Exchange Board of India is set to submit to the Supreme Court its report on the allegations made by US-based Hindenburg Research against the Adani Group.

Top headlines: Adani probe ends, chana prices rise ahead of festival season

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Stocks to Watch on Aug 14: Adani Ports, Nykaa, Raymond, PSU Banks, Biocon

Stocks to watch on August 14, 2023: Balrampur Chini, Delta Corp, Indiabulls Housing Finance, India Cements, Manappuram Finance and Zee among nine stocks in F&O ban period on Monday.

Adani probe comes to end as Sebi tightens disclosure for big firms

Sebi had sought more time to complete the probe, but the court - amid a slump in Adani shares following a damaging report published in January by US shortseller Hindenburg Research

Deloitte, Adani Ports & SEZ spar over Hindenburg Research's claims

Had sought external examination of Hindenburg's allegations: Deloitte

Adani Group firm says reasons for Deloitte resignation not convincing

Before resigning as an auditor of an Adani Group firm, Deloitte had sought an independent external examination of allegations made by a US short-seller but the company said the allegations had no effect on financial statements and the reasons cited for quitting were not convincing to warrant such a move. In a 163-page filing with stock exchanges relating to Deloitte Haskins & Sells LLP's resignation, Adani Ports and Special Economic Zone (APSEZ) said that in meetings with its leadership, Deloitte indicated concern over a lack of a wider audit role as auditors of other listed Adani companies. However, the firm conveyed to the auditor that it was not within its remit to recommend such appointments as other entities are "completely independent". "The Audit Committee (of APSEZ) was of the view that the grounds advanced by Deloitte for resignation as Statutory Auditor were not convincing or sufficient to warrant such a move," said Gopal Krishna Pillai, former union home secretary and ..

Top headlines: 7 laws get Presidential nod, UP identifies new mining areas

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When auditors quit, know things are not as projected: Cong on Adani issue

The Congress on Saturday hoped the SEBI report on Adani would answer the questions raised by Supreme Court's Expert Committee and wondered when will Prime Minister Narendra Modi break his silence on the issue. In May, the apex court had granted the Securities and Exchange Board of India (SEBI) time till August 14 to complete its probe into the allegations of stock price manipulation by the Adani group. Congress General Secretary (Communications) Jairam Ramesh cited Deloitte Haskins and Sells announcing their decision to quit as auditors for Adani Ports and SEZ and said, "When statutory auditors repeatedly quit, you know that things are not as they are projected". "Pradhan Mantri chuppi todiye (Prime Minister break your silence)," he said on X, previously known as Twitter, on the Adani issue. In a statement, Ramesh alleged, "Shady transactions by the PM's favourite business group are reportedly leading Deloitte Haskins and Sells to take the unusual step of resigning as auditor for .

Adani Ports auditor Deloitte plans to resign after flagging concerns

The Adani Group has previously said it's compliant with Indian laws and welcomes Sebi's investigation

Adani group plans to raise Rs 1,498 cr via Indian bond market: Report

Adani Airport Holdings and Adani Ports and Special Economic Zone may tap the market first, with offerings of around 10-15 billion rupees

Adani Enterprises denies reports of exiting $6 billion venture with Wilmar

Earlier this week, Bloomberg reported that Adani Enterprises is exploring selling its stake in its consumer-staple joint venture with Wilmar International

Vodafone Idea, Adani Data Networks may not get relaxations for 5G rollout

According to rules, a telco has to commercially launch service anywhere in each of the three metros and at least in one city in each of India's 22 telecom circles at the end of the first year