Page 80 - Adani Group

Rahul Gandhi seeks to speak in the Lok Sabha, BJP demands apology

The Congress and other Opposition parties are unlikely to back down from the demand for a JPC into the Adani affair and the Hindenburg Research report

Govt not letting Parliament run to avoid discussion on Adani issue: Kharge

Congress president Mallikarjun Kharge on Thursday accused the government of instigating the Opposition and not letting Parliament function to avoid a discussion on the Adani issue and its "failures". He also reiterated that there is no question of an apology over Rahul Gandhi's remarks in the UK. Gandhi's remarks during his recent trip to the United Kingdom have rocked Parliament, with both Houses failing to transact any significant business on the first three days of the Budget session's second half. "Is there untouchability or not, it is there, so if someone goes abroad that person will talk about itlikewise democracy is being trampled upon, we were demonstrating peacefully yesterday, who stopped us? They put women constables in the front to try and stop us," Kharge alleged. The Congress along with several other opposition parties had taken out a protest march from Parliament House to hand over a complaint to the Enforcement Directorate on the Adani issue on Wednesday. However,

Rahul to be in Parliament, impasse between opposition, govt unlikely to end

Opposition MPs from both the houses have given adjournment notices on demand of JPC in Hindenburg Adani row

LS, RS face disruptions, oppn to intensify pressure over Adani, Rahul row

Opposition parties sought to build pressure on their demand and embarked on a protest march to Enforcement Directorate (ED) office

Oppn writes to ED for probe against Adani after cops block protest march

Cops cut short protest march to ED office

Adani Transmission Ltd certified as single-use plastic-free company

Adani Transmission Ltd has been recognised as a 'single-use plastic-free' company by the Confederation of Indian Industry-ITC Centre of Excellence for Sustainable Development. The company has been certified for its successful voluntary implementation of single-use plastic-free measures within its 37 operational locations spread across 10 states of the country. This certificate is valid from February 22, 2023 to February 21, 2024, according to a company statement. "Adani Transmission Ltd (ATL) has been recognised as 'Single-use Plastic Free'," it said. A total of 37 ATL operational sites, i.e., 30 substations and 7 transmission line clusters, including stores, have been certified as "Single-use Plastic Free", it added. With this certification in its kitty, ATL has become the first Indian electrical utility to earn "Zero Waste to Landfill certification", "Water Positive certification," and "Single-use Plastic Free Company" added to its laurels, the statement said.

Oppn leaders stopped by Delhi Police on way to ED office over Adani issue

Delhi Police on Wednesday erected barricades and stopped leaders of several opposition parties marching towards the ED office here from Parliament House demanding a JPC probe into the Adani issue, saying prohibitory orders under Section 144 of the CrPC were in place in the area. The opposition leaders were stopped near Vijay Chowk in Lutyens' Delhi. Police made regular announcements using loudspeakers and urged the protesting MPs to vacate the area as CrPC Section 144, which prohibits the assembly of four or more people in an area, was in effect. When the leaders could not move past the barricade, they called off their march and returned to Parliament House. A senior police officer said earlier in the day that the police had made adequate security arrangements outside the ED office in view of the protest march. The leaders wanted to hand over a complaint to the Enforcement Directorate on the Adani-Hindenburg issue. Before starting their march, the leaders met in the office of Lea

Adani issue: Oppn writes to ED, says agency can't abdicate its jurisdiction

Leaders of several opposition parties on Wednesday urged the Enforcement Directorate (ED) to initiate an investigation into the Adani Group over allegations of corrupt practices, including money laundering through shell companies. In a letter emailed to the ED Director S K Mishra, the parties told the probe agency that "it cannot turn around and abdicate its jurisdiction". The letter as signed by leaders of the Congress, CPI, CPI-M, JDU, SS (UBT), RJD, DMK, JMM, AAP, IUML, VCK, Kerala Congress and others. Leaders of several opposition parties were stopped by the police at Vijay Chowk here as they took out a protest march from Parliament House to hand over a complaint to the Enforcement Directorate on the Adani issue. In their letter to the ED, the opposition leaders said, "We are acutely aware of how in the recent past, the ED has also zealously pursued cases of alleged political favouritism, including sharing concurrent jurisdiction with SEBI and CBI. We are also aware of the limi

Probe in Adani issue: Opposition stages march from Parliament to ED office

The parties, led by Congress, demanded authorities to hand over the complaint to the probe agency on the Adani issue

Congress' Pramod Tiwari gives business notice suspension in RS on Adani row

Earlier on Tuesday, for the second consecutive day, the Rajya Sabha faced adjournment amid pandemonium as treasury benches sought an apology from Congress leader Rahul Gandhi for his remarks in London

Adani's investor Elara also a co-owner with conglomerate in ADTPL: Report

Elara holds a 1.6 per cent stake in Adani Enterprises, 3.62 per cent in Adani Transmission and 1.62 per cent in Adani Total

All Adani stocks end in red amid weakness in market, 6 hit lower limit

Overall, the ports-to-power conglomerate's market value fell by Rs 44,296 crore to Rs 8.93 trillion

Mutual funds pare holdings in Adani Group stocks in February, shows data

Ambuja Cements and Adani Enterprises were also among the top five large-cap companies that witnessed selling by MFs

Logjam continues in Parliament over Rahul Gandhi remarks, Adani issue

Terming it as a non-issue, Giriraj Singh said, "Adani-Ambani is just an excuse, they just want to abuse Modi".

Cong demands JPC into Adani row, blames govt for impasse in Parliament

The Congress on Tuesday said the Modi government's refusal to allow the Opposition to raise its demand for a JPC into the Adani issue was to be blamed for the impasse in Parliament. Amidst stepped up opposition demand for a Joint Parliamentary Committee (JPC) probe into the Adani issue, Congress leader Rahul Gandhi levelled a slew of allegations against the Modi government on its foreign policy and claimed that it was aimed at benefiting the Adani Group. "Is the objective of India's foreign policy to make Adani richer? In the last nine years, Modi ji has kept India in 'bhram (misled)' and Adani in 'vishwa bhraman (global travel)' along with him," Gandhi alleged in a video in Hindi. Asked about Congress' allegations, Union minister Giriraj Singh said, "Adani had made it clear that the first break was given to him was given by (Congress CM) Chimanbhai Patel...the second break was given by Rajiv Gandhi. (They believe that) if Adani does development for the country then it should be onl

Cong, BRS, AAP move suspension of business notice in RS on Adani row

Members of Congress, BRS and AAP on Tuesday moved suspension of business notice in the Rajya Sabha under rule 267 demanding a Joint Parliamentary Committee (JPC) probe into the Hindenburg-Adani row

Fitch Affirms 'BBB-' ratings for Adani Electricity Mumbai's dollar bond

Hindenburg report has limited near-term impact on cost of funding

LIC's debt exposure in Adani group companies dips marginally to Rs 6,183 cr

LIC's debt exposure in Adani group companies fell marginally to Rs 6,183 crore as of March 5 from Rs 6,347 crore as of December 31, 2022, Parliament was informed on Monday. In a written reply to the Lok Sabha, Finance Minister Nirmala Sitharaman said, "The Life Insurance Corporation of India (LIC) has informed that its debt exposure to Adani Group of Companies, was Rs 6,347.32 crore and Rs 6,182.64 crore, as on December 31, 2022, and March 5, 2023, respectively". LIC has a debt exposure of Rs 5,388.60 in Adani Ports and SEZ as of March 5. The exposure in Adani Power (Mundra) was Rs 266 crore, Adani Power Maharashtra Ltd - Phase I (Rs 81.60 crore), Adani Power Maharashtra Ltd - Phase III (Rs 254.87 crore), Raigarh Energy Generation Ltd (Rs 45 crore) and Raipur Energen Ltd (Rs 145.67 crore), as per the reply. Sitharaman said five public sector general insurance companies have informed that they do not have loan/credit exposure to the Adani Group of Companies. "Public Sector Banks ha

No govt committee to probe Adani Group: Minister Pankaj Chaudhary

A separate investigation into imports of Indonesian coal by the conglomerate hasn't reached finality, Minister of State for Finance Pankaj Chaudhary said

Rajasthan Congress holds protest against Adani Group issue in Jaipur

The Congress' Rajasthan in-charge Sukhjinder Singh Randhawa on Monday asked party workers to defeat Prime Minister Narendra Modi if they want to get rid of industrialists like Gautam Adani. Randhawa was addressing a protest meeting here against the BJP government at the Centre for not agreeing to form a joint parliamentary committee to look into the allegations made by the US firm Hindenburg against the Adani Group. Modi is destroying the country and the BJP at the Centre is selling the nation, so our fight is not with Adani but directly with the BJP, he said. Everyone is talking about Adani while they should be talking about Modi. His defeat is important to remove Adani, Randhawa said. The Congress held several protests Monday across the country over the Adani-Hindenburg issue. Rajasthan ministers, party MLAs and workers took part in the Jaipur protest held near the gate of Civil Lines Gate. Randhawa said, PM Modi has brought the East India Company in the form of Adani. Today, .