Adani Group

Plea in SC seeks probe against Adani tormentor Hindenburg

Section 15HA of the SEBI Act provides for a penalty of up to ₹25 crores or three times the amount of profits made by indulging in fraudulent and unfair trade practices relating to securities.

Adani Enterprises taken off Dow Jones Sustainability Indices, 2 banks halt loans

Meanwhile, Credit Suisse and Citigroup have stopped accepting securities of Adani Group as collateral for margin loans.

After Budget, India’s top parties unite against Billionaire over ‘Fraud’

The Opposition on Thursday demanded an investigation by a parliamentary panel or a Supreme Court-appointed committee into allegations of fraud against the Adani Group that have triggered an unprecedented stock crash. Addressing media outside Parliament, Congress President and Leader of Opposition in Rajya Sabha said, “Leaders of all the opposition parties decided to raise a […]

Congress seeks probe over Hindenburg report on Adani Group

Party asks the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) to investigate the allegations

Malafide, mischievous: Adani Group to sue USA’s Hindenburg

Group terms Hindenburg Research report as ‘maliciously mischievous, un-researched’

Adani Lays Roadmap For Expansion At Shareholders Meeting

NEW DELHI: Gautam Adani, the chairman and founder of Adani Enterprises and the fourth richest person in the world, spoke to shareholders during the conglomerate’s annual general meeting (AGM) and outlined the conglomerate’s plans. Adani praised the Indian government for its concentrated efforts in the field of renewable energy, noting that the country has experienced a […]

5G Race Gets Hotter, Adani In Fray To Acquire Spectrum

NEW DELHI: One of the richest men in Asia has joined the 5G spectrum race. Billionaire Gautam Adani’s Adani Group on Saturday confirmed that it will enter the race to acquire telecom spectrum. The decision holds significance as he will compete directly with Mukesh Ambani’s Reliance Jio and Sunil Bharti Mittal’s Airtel. “As India prepares […]