Page 68 - Adani Group

GQG's Jain raises stake in Adani stocks by 10% to $3.5 bn; to buy more

That initial investment in the beleaguered conglomerate bolstered the tycoon's companies after they were accused of "brazen" stock-price manipulation and corporate fraud

Adani Group shares extend rally; Adani Enterprises zooms 42% in 3 days

Adani Wilmar was locked in the 10% upper circuit, while, Adani Transmission, Adani Green Energy, Adani Total Gas, and NDTV were locked in 5% upper circuit for the second straight day

All 10 Adani stocks gain, group m-cap back in Rs 10-trillion league

Conglomerate sees best day since Hindenburg report after SC panel report boosts confidence

SC panel, SEBI 'hit walls' in probing Adani group's transactions: Cong

The Congress on Monday alleged that the Supreme Court-appointed expert committee and the SEBI have "hit walls" while investigating the Adani group's transactions and stressed the need for a joint parliamentary committee probe to unravel the truth in the matter. The Congress' assertion comes after a report by the Supreme Court-appointed expert committee said it has found no evidence of stock price manipulation in Adani group companies, while a separate SEBI probe into alleged violation in money flows from offshore entities has "drawn a blank". Taking to Twitter, Congress general secretary Jairam Ramesh tagged a media report which claimed that the Registrar of Companies (Gujarat), in a ruling earlier this month, has held that Adani Power and its officials had violated provisions of the Companies Act, 2013, by not reporting related-party contracts and transactions in the register of contract. "As the Modani brigade desperately tries to spin the Supreme Court Expert Committee's report a

Protect small investors against profiteering by short-sellers

Targeted short selling like the Hindenburg-Adani episode is relatively new in India, and has serious repercussions for small investors that need to be taken care of

5 Adani Group stks freeze at 5% upper limit; AWL, Adani Ent surge up to 8%

Shares of Adani Group companies were in demand for the second straight trading day after the SC-appointed panel said that it not possible to conclude that there was a regulatory failure at this stage.

Stocks to Watch today, May 22: Adani Group, Realty, NTPC, Zomato, Zee Ent

Stocks to watch on May 22, 2023: The Rs 2,000 note withdrawal could have an impact ont the real-estate companies, believe Indian CEOs.

Adani stocks: What price rigging?

Adani stock price saga will pass into public memory as one of those matters that simply escaped being nailed down, perhaps because too many vested interests were involved

Six short-sellers in Adani stocks under ED, Sebi lens for insider trading

SC report, stock revival to help Adani group raise Rs 21K cr: Bankers

Six entities under lens for suspicious trading in Adani shares: SC panel

Six entities including four foreign portfolio investors (FPIs) are under lens for suspicious trading in Adani group shares prior to the release of the damning Hindenburg report, the Supreme Court-appointed expert committee has said. There was a build up of short positions in the Adani scips prior to the January 24 release of the Hindenburg report, and substantial profits were booked thereafter as stocks crashed, the 178-page report said. A "short" position is generally the sale of a stock one does not own. Investors who sell short believe the price of the stock will decrease in value. If the price drops, they can buy the stock at the lower price and make a profit. Hindenburg's report claimed that the Adani empire was the "biggest con in corporate history" engaged in a "brazen stock manipulation and accounting fraud scheme". Shares of Adani Group, which denied all allegations, likening the US investment firm's report to an attack on India, fell after the Hindenburg report was publi

SC panel report suggests Adani probe will only produce heat, not light

Thanks to a 173-page report by a six-member panel appointed by India's Supreme Court, we now have a fairly good idea of where the country's probe into the Adani Group is headed: Nowhere

All that's problematic about Hindenburg report and the allegations in it

The attack on India by foreign bodies through flashy tactics indicates seething contempt for the success the country has achieved in the past decade

BSE, NSE remove NDTV. Adani Group firm from ASM framework from Monday

Leading bourses BSE and NSE on Friday said that NDTV, an Adani Group company, will move out of the ASM framework from May 22. On March 17, both the bourses moved NDTV from the second to the first stage of the long-term Additional Surveillance Measure (ASM) framework. The stock is to be excluded from the ASM framework effective May 22, according to two separate circulars available on the BSE and NSE websites. Last week, both the exchanges had given an exit to three Adani Group stocks -- Adani Total Gas, Adani Transmission and Adani Green Energy -- from the ASM framework. US short-seller Hindenburg Research in its January 24 report levelled allegations of fraud and stock manipulation against the Adani group, however, the conglomerate has repeatedly denied all allegations.

Adani-Hindenburg saga: Found no regulatory failure, says SC panel

Report spells relief for Adani group, Sebi

Rahul's speech writers have to come up with something more outlandish: BJP

The BJP took a swipe at Rahul Gandhi after an expert panel on the Adani issue stated it cannot find any regulatory failure, saying the Congress leader's speech writers will now have to come up with something more outlandish for him to sustain his "lie machine". While BJP's Amit Malviya targeted Gandhi, senior lawyer Mukul Rohtagi, who represented the Adani Group in the apex court, claimed that the panel's net conclusion is completely in favour of the corporate behemoth. It has found there is no stock price manipulation and there is no real reason to worry, he told reporters. While noting that a probe by the Securities and Exchange Board of India, is still on, Rohtagi said the conclusion as of now is that the company has done no violation. Malviya, the I-T department head of the party, suggested that Gandhi's another campaign to target the government has come unstuck after his targeting of Prime Minister Narendra Modi over the Rafale deal with "chowkidar chor hai" barb. "The Supreme

ED, Sebi probing the role of six short sellers in Adani group stocks

Hindenburg had taken position on Adani overseas listed securities

Sebi probe into Adani's alleged violations drew blank, says SC panel

An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court. It further said there is a need for an effective enforcement policy that is "coherent and consistent" with the legislative position ..

Adani-Hindenburg: SC panel says can't pinpoint regulatory failure

In a briefing called by the committee, Sebi said it did not find any evidence of "wash trades" even after putting Adani group scrips under various surveillance measures

In Adani-Hindenburg saga hard to pinpoint regulatory failure, says SC panel

On price volatility, the committee said that the Indian market was 'not unduly volatile' after the Hindenburg report on Adani was revealed in January

Adani Group stocks lose $10 billion in value as MSCI exclusion weighs

Adani Total Gas Ltd. and Adani Transmission Ltd. - the two stocks to be dropped from the MSCI India gauge at the end of this month