Page 36 - Gautam Adani

Modi, govt cannot hide from questions saying Hum Adani Ke Hain Kaun: Cong

The Congress on Sunday stepped up its attack on the Centre over allegations against the Adani group, alleging that the Modi government's "loud silence" over the issue "smacks of collusion". Adani group stocks have taken a beating on the bourses after US-based activist short-seller Hindenburg Research made a litany of allegations, including fraudulent transactions and share price manipulation at the Gautam Adani-led group. In a statement, Congress General Secretary (Communications) Jairam Ramesh said that starting Sunday the Congress will pose three questions a day to Prime Minister Narendra Modi over the issue. He said that amid the allegations against the Adani Group, the Modi government has maintained a "loud silence which smacks of collusion". Ramesh said that in a response to the Panama Papers expose on April 4, 2016, the Ministry of Finance had announced that Modi had personally directed a multi-agency investigative group to monitor financial flows to and from offshore tax ...

Top headlines: Govt gets 33% stake in Vi; AI, AirAsia to tweak flight path

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Inside the 19-hour meltdown that scuttled Adani Group's $2.5 bn share sale

Adani chose to forgo short-term victory of nailing the follow-on offer to protect his longer-term relationships with marquee investors who otherwise were staring at some embarrassing mark-to-market

LIVE: Police busting auto lifter gang, arms supply cartels and theft racket

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Indian capitalism's stress test

The Adani crisis is the greatest stress test for Indian capitalism yet. So far, India has passed it, with almost 10/10

Some of the world's richest people exposed to Adani rout, market turmoil

Upheaval gripping AEL may expose billionaires, including Wilmar International, controlled by family of the richest person of Malaysia and world's second-richest Walton family, to the market turmoil

The stakes get bigger: Why Gautam Adani had to re-assess his position

A fight could have spread effects not only on those who financed the projects Adani embarked on, but also the govt's manufacturing and infrastructure ambitions, writes T N Ninan

Adani group's bonds rally as billionaire moves to restore confidence

All 15 dollar debt securities of the group advanced on Friday, partly helped by news that Adani Ports & Special Economic Zone Ltd. had made coupon payments on schedule

Oppn's demand for JPC probe into Adani issue not justified: Jethmalani

BJP MP Mahesh Jethmalani on Friday dismissed the Opposition's allegation that investments by LIC in the Adani Group were made at the government's behest and said there was no justification to the demands for a joint parliamentary committee probe into the matter. Lok Sabha and Rajya Sabha proceedings were adjourned till 2 pm and 2:30 pm, respectively, on Friday due to protests by opposition members into the fraud-allegation-triggered rout in the group's stocks, with members in the Lower House demanding a probe by a joint parliamentary committee (JPC). Wrongdoing in these investments, if any, would be probed by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI), the Rajya Sabha member said. "What does the government have to do with this? Nobody has said what the government's role is in this. LIC (Life Insurance Corporation) is an independent organisation. They have decided to make some investments," Jethmalani said. "The SEBI and the RBI will look i

No immediate impact from Hindenburg on Adani firms' credit profiles: Fitch

Rating agency will be monitoring group firms closely for major changes in their access to finance, the cost of financing, regulatory/legal developments and ESG-related matters

Budget 2023: What does the announcement related to P-notes indicate?

Clearly, the govt is worried about inflows in 2022 because of the global economic uncertainty and has decided to encourage inflows via any means possible, PNs included

The decision on FPO will not have any impact on our operations: Adani

Adani Enterprises to review capital raising plans once shares stabilise

7 Adani group stocks hit lower circuit; Adani Ent tanks 55% in 3 days

In past seven trading days, the total market capitalisation (market-cap) of 10 Adani group companies has eroded by nearly Rs 10 trillion or 52 per cent to Rs 9.27 trillion in Friday's intra-day trades

Amid Adani vs Hindenburg row, Cong President Kharge calls opposition meet

Leader of Opposition in the Rajya Sabha, Mallikarjun Kharge called for a meeting of opposition parties on Friday to chalk out a strategy over research group Hindenburg's report on the Adani Group

Parliament likely to witness disruptions over Adani issue for 2nd day

The opposition parties had stalled proceedings on Thursday over the issue and according to sources aware of developments, disruptions are likely to continue

Adani Enterprises shares removed from Dow Jones Sustainability Indices

Hindenburg Research on January 24 accused the Adani group of using offshore shells for money laundering and fraud

Top headlines: Adani group ratings under surveillance, Rs 8,083 cr for PLIs

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Gautam Adani in talks to prepay share pledges to boost confidence: Report

The move would see lenders release some of the stock in Adani Group companies that was pledged as collateral, according to the person

Gautam Adani backers from New York to Tokyo dissect and limit exposure

The billionaire's interests, which include ports, power plants and coal mines, have fallen in value by more than $100 billion since Hindenburg Research's fraud allegations last week

Adani's $108 billion crisis shakes foreign investors' faith in India

The Adani Group has shed $108 billion in market value since Hindenburg Research accused it of stock manipulation and accounting fraud in a Jan. 24 report