Page 8 - Gautam Adani

Rahul takes dig at Modi, Adani; conducts mock interview in Parliament

Leaders of some INDIA bloc parties on Monday protested in Parliament complex over the Adani row, with Rahul Gandhi conducting a mock 'interview' over the issue with Congress members wearing masks of Prime Minister Narendra Modi and industrialist Gautam Adani Standing outside the Makar Dwar of Parliament, Leader of Opposition in the Lok Sabha Rahul Gandhi and Congress president Mallikarjun Kharge along with MPs of other opposition parties raised slogans of "Modi, Adani ek hain" and "we want justice". After sloganeering, Rahul Gandhi conducted the mock 'interview' with Congress leaders wearing masks of Modi and Adani. Gandhi asked the party member sporting mask of Adani why Parliament was not being allowed to function to which the Congress MP (posing as Adani) said "we'll have to ask Amit bhai...that man is missing". Asked by Gandhi about the relationship between the two, the Congress MP said, "We are together". The Congress leader sporting mask of Adani also said, "He does whatever

Cong trashes BJP's 'Soros allegations', says govt only wants to save Adani

Dismissing the BJP's allegations of its leaders colluding with US investor George Soros, the Congress on Monday said the real conspiracy unravelling during the Parliament's Winter session is that the government would even put at stake India's ties with another country just to save Gautam Adani. The opposition party alleged that Gautam Adani has been extended 'M (Modi)' security and to breach that one would have to cross the "dead body" of democracy. "Since Parliament session began, we have been trying to raise issues but there is one issue the prime minister cannot tolerate and when that issue is raised, he loses self control. That one name is Adani. As soon as that name is taken, the PM gets rattled," Congress' media and publicity department head Pawan Khera said. "No one has the right to stake our ties with a nation for one person. Those countries that help that industrialist, even if they enter our borders, they are given a clean chit and those countries that get a probe done on

Adani Group most attractive among Indian investment grade cos: Nomura

The Japanese firm also sees 'minimal risk' of termination of 8 gigawatt (GW) Solar Energy Corporation of India (SECI) solar manufacturing-linked projects

Kerala open to discuss new projects with Adani group: State min P Rajeev

Kerala is not averse to discussing any new project with the Adani group and will do so only if there is a "win-win" situation which benefits the people of the state as well, a senior state minister has said. However, the southern state is not keen to have any big industries which will cause pollution and ecological damage, P Rajeev, the Minister of Law, Industries and Coir, told PTI. The comments from the minister come even as there seems to be some unease among southern states when it comes to dealing with the Adani group, especially after the second richest Indian Gautam Adani and others faced charges of bribing officials to secure contracts. Rajeev said Kerala has a big investment from the Adani group in the Vizhinjam Seaport near its capital Thiruvananthapuram and added that the current government decided to go ahead with the project signed by the predecessors only because the benefits accrued to the state and its people through the ambitious transshipment port. He also clarifi

US State Dept denies BJP's allegations of backing anti-India agenda

The US on Saturday rejected the BJP's allegations that organisations funded by the US State Department and elements in the American "deep state" were behind attempts to destabilise India through targeted attacks on Prime Minister Narendra Modi and business tycoon Gautam Adani. A spokesperson at the US embassy described the allegations as "disappointing" and asserted that the US government has been a champion of media freedom around the world. The BJP alleged on Saturday that the US deep state colluded with the media portal OCCRP (Organised Crime and Corruption Reporting Project) and Congress leader Rahul Gandhi to "damage" India's image. The BJP had cited Gandhi's use of reports by OCCRP to attack the Adani Group and to accuse it of having closeness with the government. "It's disappointing that the ruling party in India would make these kinds of accusations," the US embassy spokesperson said. "The US government works with independent organisations on programming that supports ...

CM Stalin didn't meet Adani, will sue for spreading rumours: Senthil Balaji

Tamil Nadu Chief Minister M K Stalin did not meet industrialist Gautam Adani nor was any contract signed with the Adani group, state Electricity Minister V Senthil Balaji stated on Friday and warned of legal action against those spreading rumours in this regard. The DMK regime did not enter into any contract and there was only a case pertaining to the purchase of power at 7.01 per unit pending in the supreme court, he said, referring to the 2015 agreement entered upon during the AIADMK rule for a 25-year period to buy power from the company's 648 MW solar plant in Ramanathapuram district. "It is only understandable that the half-baked politicians try to portray the AIADMK government's power purchase decision as the DMK government's power purchase decision, as if they are ignorant of the supreme court case. They lack the courage to criticise the Adani company or the AIADMK," Balaji said in a statement. "No agreement was signed with the Adani group during the DMK regime and the chief

Manickam Tagore gives adjournment motion to discuss Adani's indictment

Tagore alleged that Prime Minister Narendra Modi and his government are prioritising Adani's profits over the welfare of the Indian people

PM Modi can't get Adani investigated, says Rahul as Oppn protests in Parl

Opposition MPs wore jackets symbolising their protest over the Adani issue which mentioned: 'Modi Adani Ek Hai, Adani safe hai'

Gaurav Gogoi files adjournment motion seeking discussion on Adani issue

The motion notice filed by Congress MP Gogoi calls for an urgent discussion on the 'silence' of the Solar Energy Corporation of India

INDIA bloc MPs protest over Adani issue, demand joint parliamentary probe

MPs of several INDIA bloc parties protested on the Parliament premises on Tuesday over the Adani issue and reiterated their demand for a joint parliamentary probe into the matter. MPs of the Congress, AAP, RJD, Shiv Sena (UBT), DMK and the Left parties among others raised slogans against Prime Minister Narendra Modi and demanded accountability. Leader of Opposition in the Lok Sabha Rahul Gandhi, AAP's Sanjay Singh, RJD's Misa Bharti and Shiv Sena (UBT)'s Arvind Sawant also participated in the protest on the steps leading to the Parliament's Makar Dwar. The Congress and some other opposition have been demanding a joint parliamentary committee probe following the indictment by US prosecutors of Adani Group chairperson Gautam Adani and other company officials on bribery and fraud charges. With billionaire Adani charged in the US with alleged bribery and fraud, the Congress has said it "vindicates" its demand for a joint parliamentary committee investigation into the various "scams" ..

Adani-linked firms file settlement bids in Sebi's public shareholding probe

Adani-linked individuals, including Vinay Prakash, a director at Adani Enterprises, and Ameet Desai, a director at Ambuja Cements, have each offered Rs 3 lakh to settle the case

Adani investor GQG's shares down by 13% after analyst downgrades stock

Swiss bank UBS downgraded GQG's stock rating from 'buy' to 'neutral' on Monday and reduced its price target from A$3.30 to A$2.30

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

In scrutiny, you must find the courage to challenge the status quo: Adani

Adani acknowledged the scrutiny faced by his group in recent years, citing challenges such as the coal mine resistance in Australia and allegations of compliance issues in the US

How can govt be part of probe into itself: Cong's dig at MEA on Adani issue

The Congress on Saturday took a swipe over the Ministry of External Affairs' statement that the Indian government is not part of the US probe into Adani Group in any manner, asking how can this government be part of a probe into itself. In the first official reaction after the industrialist was charged with alleged fraud by prosecutors in the United States, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said India is yet to receive any communication for cooperation in the case. The Indian government is not part of the matter in any manner at this point of time, he said. Tagging a media report on the remarks, Congress general secretary in-charge communications Jairam Ramesh said, "The MEA spokesperson says that the Indian Government is not part of the US probe into the Adani Group. He has simply stated the obvious. How can this Government be part of a probe into itself?" The MEA has said the indictment of Indian billionaire Gautam Adani by the US prosecutors is a ..

Adani Group has liquidity, cash flows to serve debt, says CRISIL Ratings

Ratings of 24 group firms under 'continuous surveillance', says agency about conglomerate facing legal charges in the US

Legal matter involving private firms and US justice dept: MEA on Adani case

Legal matter involving private firms and US justice dept: MEA on Adani case

Legal matter involving private firms and US justice dept: MEA on Adani case

Days after US prosecutors charged industrialist Gautam Adani and some others with bribery and fraud, India on Friday said it is a legal matter involving private firms and certain individuals and the US Department of Justice. Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said the Indian government was not informed about the issue in advance. "This is a legal matter involving private firms and individuals and the US Department of Justice. There are established procedures and legal avenues in such cases, which we believe would be followed," he said. Jaiswal was responding to a question on the charges slapped against Adani and others during his weekly media briefing. To a question on whether the United States has served a summons or warrant on the Adani case, he said India has not received any such request. "Any request by a foreign government for service of summons or arrest warrant is part of mutual legal assistance. Such requests are examined on merits," Jaiswal .

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

Adani solar project misses deadline, delays power supply to Andhra Pradesh

Adani Green Energy's solar project delays leave Andhra Pradesh waiting for power. The state is likely to receive only 1,000 MW by April 2025, much below the initial schedule of 3,000 MW