Page 11 - Adani

Stocks of 6 Adani Group settle lower; Adani Total declines nearly 5%

Shares of six Adani Group firms ended lower on Monday, with Adani Total Gas falling nearly 5 per cent. The stock of Adani Total Gas dropped 4.87 per cent to Rs 772 on the BSE and Adani Energy Solutions tanked 4.04 per cent to Rs 806.60. Shares of NDTV dipped 1.29 per cent, Adani Wilmar went lower by 1.23 per cent, Adani Power declined 1 per cent and Adani Enterprises skidded 0.28 per cent. During morning trade, Adani Green Energy jumped 9 per cent after Adani Group Chairman Gautam Adani said his conglomerate was committed to compliances and "every attack makes us stronger" amid recent allegations and his indictment in the US. The stock of Adani Green Energy Ltd surged to Rs 1,445 during the morning trade but later gave up most of the early gains and ended at Rs 1,327.95, up 0.26 per cent. Shares of Adani Ports climbed 2.18 per cent, Ambuja Cements went up 1.34 per cent, Sanghi Industries (0.65 per cent), and ACC (0.38 per cent). Coming out in public for the first time after recen

Congress MP Manickam Tagore moves adjournment notice to discuss Adani issue

Tagore, the whip of the Congress party in Lok Sabha, accused the Union government of not initiating an investigation into the Adani Group despite evidence and international scrutiny

Adani Green's dollar bond may be revived by mid-2025, says group CFO

Other Adani Group firms may also raise funds through a few public bond sales in India over the next 12 months, Singh said

Individuals, not group, will respond to US charges: Adani group CFO

Will delay dollar bond till April-June, he says

Adani saga: Govt steps aside, says matter between pvt parties and US

Foreign ministry spokesperson says India has not been consulted by America

I would have known: Adani Group CFO claims no bribery carried out by execs

Adani Green's cancelled $600 mn bond will be delayed till April-June 2025

RS proceedings suspended till Monday amid protest over Adani, other issues

Rajya Sabha proceedings were adjourned for the day on Friday as opposition MPs protested the rejection of adjournment notices for a discussion on allegations against the Adani Group, and the violence in Manipur and Sambhal. The House will meet again on Monday. Soon after laying of listed papers in the morning session, Chairman Jagdeep Dhankhar said he had received 17 notices for adjournment of scheduled business under Rule 267 of the House. The Chairman said he was rejecting all the notices. This led to a protest by several opposition MPs who began raising slogans. Expressing anguish, Dhankhar said, "I call upon you (MPs) for deep reflection. Rule 267 is being weaponised as a mechanism of disruption". The remark was protested by opposition MPs including those belonging to the Congress. Before adjourning the proceedings for the day, he said similar issues had been raised repeatedly, leading to a loss of three working days. The notices from MPs belonging to opposition parties were

Congress files adjournment notice in LS to discuss Adani indictment issue

Congress MPs have continuously sought to discuss the Adani indictment in the Lok Sabha since the start of the winter session on November 25

Adani retains global support as Israel, others back it despite bribery row

The Adani Group holds a 70 per cent stake in Haifa port in northern Israel and is involved in military drone production, with plans for manufacturing commercial semiconductors

Adani wipeout hurts but won't derail foreign investor faith in India

US allegations, denied by the company, are that Gautam Adani's colossal ports-to-energy conglomerate paid bribes to secure power sales and made misleading disclosures

Adani refutes allegations, winter session, Eknath Shinde, Cyclone Fengal & more

In a regulatory filing today, Adani Green Energy stated that the allegations against its executives Gautam Adani, Sagar Adani, and Vneet Jaain were incorrect.

'Corrupt Solar Project': Adani embroiled in US findings of bribery scheme

US prosecutors charged Gautam Adani, his nephew Sagar Adani who is director at Adani Green, and six others in running an alleged bribery scheme

Rahul Gandhi demands Adani's arrest, accuses BJP govt of protecting him

Congress leader Rahul Gandhi on Wednesday said businessman Gautam Adani should be arrested after his indictment in the US and accused the government of protecting him. Speaking to reporters outside Parliament, Gandhi, the Leader of the Opposition in the Lok Sabha, said when hundreds of people are arrested on "tiny" charges in the country, why is Adani not in jail? The reiteration by Gandhi comes hours after the Adani Group said the billionaire and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case. The duo has been charged with securities fraud that involves levy of monetary penalties. "You think the Adanis are going to accept the charges. Which world are you living in? Obviously, he is going to deny the charges," Gandhi said when asked about the denial of charges by the Adani Group. "The point is he has to be arrested. As we have said, hundreds of pe

Gautam Adani faces no bribery charges, Adani Group counters US DoJ claims

Adani Green has denied media reports claiming Adani executives were charged with bribery and corruption, clarifying that the charges relate to wire and securities fraud

Highlights: Sebi introduces mark-to-market basis valuation for repo transactions by mutual funds

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Andhra govt mulls next steps on Adani, if power deal can be scrapped

Andhra Pradesh's state government was digging into all the internal files from the previous administration, under which the alleged misconduct took place

Will not compromise on demand for JPC probe into Adani issue: Ramesh

Jairam Ramesh noted that the opposition parties will also demand a discussion on Manipur and Nagaland

Vedanta to proceed with dollar bond sale in first post-Adani credit test

The issue, which could raise as much as $500 million, is the first since the Adani crisis and will test global appetite for Indian high yield credit following the allegations against Adani

GQG Partners reaffirms confidence in Adani group despite US indictment

In March 2023, GQG invested in five companies of the Adani group, including flagship Adani Enterprises, Adani Ports & SEZ, Adani Green, Adani Energy Solutions, and Ambuja Cements

Here's all you need to know about Adani's US SEC bribery indictment

The scandal has also raised concerns about market and public disclosure lapses by Adani Group