Adani Group: U.S. Department of Justice allegations baseless
4 months, 1 week ago

Adani Group: U.S. Department of Justice allegations baseless

The Hindu  

Hours after a statement from the New York Eastern District court indicted Gautam Adani and the other board of directors of Adani group of companies of criminal and civil irregularities, the Adani group denied the allegations against Adani Green calling them baseless. The apples to airport conglomerate said that they were innocent until proven guilty, referring to a line in the U.S. Department of Justice statement and added that they were ready to resort to “all possible legal recourse.” “The Adani Group has always upheld and is steadfastly committed to maintaining the highest standards of governance, transparency and regulatory compliance across all jurisdictions of its operations. Adani group’s response assumes significance as they had withdrawn their $600 million worth bonds issue in the U.S. hours before the statement was released. Earlier in the day the DoJ in its statement indicted Gautam Adani, Sagar Adani and other board of directors in company on five counts ranging from civil case like securities fraud to criminal case like wire fraud, corrupt practices and obstruction of justice.

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History of this topic

HC quashes ₹388 crore fraud case against Adanis after 13 years
1 week, 6 days ago

HC quashes ₹388 crore fraud case against Adanis after 13 years

Hindustan Times  

Mumbai: The Bombay High Court on Monday discharged Adani Enterprises Ltd and its promoters from a probe initiated by the Serious Fraud Investigation Office into allegations of share price manipulation and fraudulent stock market activities. HC quashes ₹ 388 crore fraud case against Adanis after 13 years The court ruled that the allegations did not meet the legal requirements for …

HC relief for Gautam Adani, Rajesh Adani in market regulations violation case
2 weeks ago

HC relief for Gautam Adani, Rajesh Adani in market regulations violation case

The Hindu  

The Bombay High Court on Monday discharged industrialist Gautam Adani, the chairman of Adani Enterprises Ltd., and the company’s Managing Director Rajesh Adani in a ₹388 crore alleged market regulation violation case filed by the Serious Fraud Investigation Office. Representing the Adanis, senior advocate Amit Desai, submitted, “The SFIO does not have the legal authority or jurisdiction to file a …

High Court clears Gautam Adani, brother in Rs 388 crore market violation case
2 weeks ago

High Court clears Gautam Adani, brother in Rs 388 crore market violation case

India Today  

Adani Group Chairman Gautam Adani and Managing Director Rajesh Adani have been discharged by the Bombay High Court in a case related to alleged market regulation violations worth nearly Rs 388 crore. The case dates back to 2012 when the Serious Fraud Investigation Office filed a chargesheet against Adani Enterprises Limited and its promoters, accusing them of criminal conspiracy and …

India to deliver US summons to Adani for alleged bribe
2 weeks, 4 days ago

India to deliver US summons to Adani for alleged bribe

Live Mint  

The Indian government has asked a local court to deliver a summons issued by the US Securities and Exchange Commission to billionaire Gautam Adani over alleged securities fraud and a $265 million bribery scheme, according to a letter seen by Reuters. The summons, which was issued under Hague Service Convention that does not allow the serving of legal documents directly …

Adani Green to Adani Power: All 10 Adani group shares trade in the green. Do you own any?
3 weeks ago

Adani Green to Adani Power: All 10 Adani group shares trade in the green. Do you own any?

Live Mint  

Indian stock market: Adani group stocks, including Adani Power and ACC, traded in the green today, March 10. Fitch removed Adani Energy solutions from its ‘Rating Watch Negative’ but maintained its negative outlook, citing concerns over ongoing U.S. investigations that could expose governance weaknesses and impact financial stability. The rating agency has affirmed Adani Energy Solutions Long-Term Foreign- and Local-Currency …

Adani Group revives US investment plans: Reports
4 weeks, 1 day ago

Adani Group revives US investment plans: Reports

Live Mint  

India's Adani Group has revived plans for major infrastructure investments in the US, where the group's founder has been charged with bribery, the Financial Times reported on Sunday. Since the election of President Donald Trump, the conglomerate has reactivated potential plans to fund projects in sectors such as nuclear power and utilities, as well as an East Coast port, the …

Adani Group revives US investment plans amid ongoing bribery case: Report
4 weeks, 1 day ago

Adani Group revives US investment plans amid ongoing bribery case: Report

India Today  

The Adani Group has reportedly revived plans for big-ticket investments in the US, according to a report by the Financial Times newspaper on March 2. "With Trump’s arrival, we have reactivated some plans," one insider reportedly said, though they admitted that Adani could still be facing an “indefinite” legal battle. Another associate said, “We are clear about our intentions, but …

Adani Group to invest ₹1.10 lakh crore in Madhya Pradesh; additional ₹1 lakh crore in pipeline
1 month, 1 week ago

Adani Group to invest ₹1.10 lakh crore in Madhya Pradesh; additional ₹1 lakh crore in pipeline

Live Mint  

Strengthening its presence in the country, diversified conglomerate Adani Group on Monday, February 24 announced plans to invest ₹1,10,000 crore in Madhya Pradesh across sectors like pumped storage, cement, mining, smart meters and thermal energy. Speaking at Madhya Pradesh Global Investors Summit 2025, Gautam Adani, Chairman of the Adani Group, reaffirmed the Group’s commitment to the state, highlighting what he …

Adani Green Energy seeks to refinance $1.1 billion loan from PFC, others in rupee terms
1 month, 1 week ago

Adani Green Energy seeks to refinance $1.1 billion loan from PFC, others in rupee terms

Live Mint  

Adani Green Energy Ltd., controlled by Indian billionaire Gautam Adani, is in talks with local lenders, including Power Finance Corp., to refinance as much as $1.1 billion worth of dollar debt in rupees, according to people who know the matter. The borrowing would be the firm’s biggest since the U.S. Department of Justice indicted Adani over an alleged bribery plot …

US SEC seeks Indian govt’s help in $250 million Adani bribery probe
1 month, 1 week ago

US SEC seeks Indian govt’s help in $250 million Adani bribery probe

Live Mint  

Bengaluru: The Securities and Exchange Commission has sought the Indian government’s assistance in the US market regulator’s investigation of billionaire Gautam Adani, his nephew Sagar and their role in allegedly paying more than $250 million in bribes to Indian government officials between 2020 and 2024 to obtain lucrative solar-energy contracts. “Defendants are located in India, and the SEC’s efforts to …

Trump pauses parts of foreign corruption law; Adani stocks up
1 month, 2 weeks ago

Trump pauses parts of foreign corruption law; Adani stocks up

Hindustan Times  

Washington: President Donald Trump has asked the US attorney general to not initiate any new cases and review all old cases under the Foreign Corrupt Practices Act, possibly opening the door for a legal reprieve for billionaire tycoon Gautam Adani and the Adani Group that were indicted under the law in November last year. Trump pauses parts of foreign corruption …

Sensex dropped 1,018.20 points over 1% amid foreign fund exodus
1 month, 2 weeks ago

Sensex dropped 1,018.20 points over 1% amid foreign fund exodus

The Hindu  

India’s stock markets tripped for the fifth straight day on Tuesday, as U.S. President Donald Trump’s tariff pronouncements and the fear of a growing trade war continued to spook markets, with the benchmark indices BSE Sensex and NSE Nifty tumbling over 1.3%. The shares of small and mid-cap firms took an even more severe beating, with a decline of around …

US Congressmen question Adani indictment, warn it will strain ties with India
1 month, 2 weeks ago

US Congressmen question Adani indictment, warn it will strain ties with India

Op India  

On 10th February, six US Congressmen wrote to newly appointed Attorney General Pamela Bedi, questioning the Department of Justice’s indictment of the Adani Group in an alleged bribery scandal. The Congressmen wrote, “There is no compelling reason to pursue a case in a manner that could complicate relations with an ally like India unless some external factors were at play.” …

Stock markets fall as US tariff concerns, earnings worries sour sentiment
1 month, 2 weeks ago

Stock markets fall as US tariff concerns, earnings worries sour sentiment

Deccan Chronicle  

Indian shares fell on Tuesday, tracking other Asian peers, as concerns around U.S. trade policy and lacklustre domestic earnings continued to sap investor sentiment. The Nifty 50 was down 0.47% at 23,271 as of 10:33 a.m. IST, while the BSE Sensex shed 0.44% to 76,975.9. All 13 major sectors declined, while the broader smallcaps and midcaps lost 2.5% and 2%, …

Adani Power to Adani Green: Adani Group stocks rise after US Congressmen demand probe against Gautam Adani’s indictment
1 month, 2 weeks ago

Adani Power to Adani Green: Adani Group stocks rise after US Congressmen demand probe against Gautam Adani’s indictment

Live Mint  

Adani Group stocks rallied up to 4% on Tuesday after reports that few US Congressmen have written to the newly appointed Attorney General of the United States demanding a probe into the previous Department of Justice's indictment of Adani Group officials Adani Enterprises share price and Adani Power share price jumped more than 4% each, while Adani Green Energy shares …

Adani Enterprises Q3 Results: Consolidated net profit tanks 88% to ₹228.64 crore, total income down 8%
2 months ago

Adani Enterprises Q3 Results: Consolidated net profit tanks 88% to ₹228.64 crore, total income down 8%

Live Mint  

Adani Enterprises Q3 Results: Adani Group flagship Adani Enterprises announced its results for the quarter ended December 2024 on Thursday, January 29. The company posted a consolidated net profit of ₹228.64 crore a massive 88 percent YoY decline from ₹1,972.75 crore in the same quarter last year. Meanwhile, the company's profit attributable to owners saw a sharp decline in the …

Adani appoints independent law firms to review U.S. indictment
2 months, 1 week ago

Adani appoints independent law firms to review U.S. indictment

The Hindu  

Adani group has appointed independent law firms to review the U.S. indictment against its founder chairman Gautam Adani, his nephew and another key executive in a USD 265 million bribery case, according to a stock exchange filing by a group firm. "The company, in discussion with Adani group management, has appointed independent law firms to perform independent review" in the …

Adani Green appoints independent law firms to review US indictment: Report
2 months, 1 week ago

Adani Green appoints independent law firms to review US indictment: Report

Hindustan Times  

India's Adani Green has appointed independent law firms to review the U.S. indictment of founder Gautam Adani and top Adani Green executives of paying $265 million in bribes for power contracts, it said late on Thursday. In November, U.S. authorities indicted Adani, his nephew and Executive Director Sagar Adani and Managing Director Vneet S. Jaain, alleging that they paid bribes …

Hindenburg closure not a clean chit for Adani group: Congress
2 months, 2 weeks ago

Hindenburg closure not a clean chit for Adani group: Congress

The Hindu  

The Hindenburg Research Group’s closure does not in any way mean a clean chit for the Adani group, the Congress said on Thursday, reacting to Hindenburg founder Nate Anderson’s announcement on disbanding the U.S.-based short seller. The party has reiterated its demand for a Joint Parliamentary Committee investigation into alleged “acts of blatant favouritism and brazen criminality” by the Adani …

Adani group shares rise founder Anderson decides to disband Hindenburg
2 months, 2 weeks ago

Adani group shares rise founder Anderson decides to disband Hindenburg

The Hindu  

Shares of Adani Group companies on Thursday surged in the range of 2,5% to about 7% in the morning hours before correcting on the BSE as Hindenburg Research founder Nathan Anderson abruptly announced to disband the short selling outfit. After market hours Adani Enterprises Ltd., the group’s holding company closed with a gain of 1.74% ₹2427, Adani Ports up 2.3%, …

Hindenburg Research To Shut Down: A Look Back At Short-seller's Allegations Against Adani Group
2 months, 2 weeks ago

Hindenburg Research To Shut Down: A Look Back At Short-seller's Allegations Against Adani Group

ABP News  

Hindenburg Research founder Nathan Anderson announced on Wednesday that he would disband the firm, whose reports led to massive short-selling by investors and sparked investigations by authorities. In his message, Anderson wrote, “As I’ve shared with family, friends and our team since late last year, I have made the decision to disband Hindenburg Research. Here Is A Look At The …

Adani Group offloads 13.51% stake in Adani Wilmar. Details here
2 months, 2 weeks ago

Adani Group offloads 13.51% stake in Adani Wilmar. Details here

Live Mint  

Shares of Adani Wilmar remained flat on Thursday, January 16, even as other Adani Group stocks witnessed gains. The muted response in Adani Wilmar's stock came after Adani Commodities LLP, a promoter entity of the company, announced the sale of a 13.51 percent stake in Adani Wilmar. In a regulatory filing, Adani Commodities LLP disclosed the details of the stake …

Adani Group shares rise as Hindenburg founder disbands short-seller
2 months, 2 weeks ago

Adani Group shares rise as Hindenburg founder disbands short-seller

The Hindu  

Adani Group company shares rose sharply on Thursday morning at stock exchanges hours after Hindenburg Research founder Nate Anderson announced his decision to disband the entity. On Wednesday Mr. Anderson said that it has completed the projects it was handling.he plan has been to wind up after we finished the pipeline of ideas we were working on,” Anderson said Wednesday. …

Adani Group stocks jump up to 5% after Hindenburg shuts down operations; Adani Ent, Adani Power, Adani Ports top gainers
2 months, 2 weeks ago

Adani Group stocks jump up to 5% after Hindenburg shuts down operations; Adani Ent, Adani Power, Adani Ports top gainers

Live Mint  

Adani Group stocks jumped over 5% on Thursday after Hindenburg Research, the short-seller behind the $100 billion Adani Group shares sell-off, shut down its operations. Among the Adani Group stocks, Adani Enterprises, Adani Green Energy and Adani Power shares rallied 5.5% each, while Adani Ports & SEZ, Adani Energy Solutions and Adani Total Gas shares gained over 4% each. Timeline …

Adani Group shares rise as Hindenburg Research shuts down. Details here
2 months, 2 weeks ago

Adani Group shares rise as Hindenburg Research shuts down. Details here

India Today  

Adani Group stocks witnessed a decent rally on Thursday, with shares rising as much as 9% following the announcement that US-based short-selling firm Hindenburg Research has shut down operations. The rally in Adani Group stocks comes in the wake of an official statement by Hindenburg Researchs founder, Nate Anderson, who announced the firms closure. In January 2023, Hindenburg Research published …

Adani Power, Adani Green to Adani Enterprises — Why are Adani group shares skyrocketing? EXPLAINED
Trending News
2 months, 2 weeks ago

Adani Power, Adani Green to Adani Enterprises — Why are Adani group shares skyrocketing? EXPLAINED

Live Mint  

Shares of Adani group companies witnessed strong buying action in trade on Tuesday, January 14, with all the group companies trading in the green. According to market experts, the rise in Adani group shares follows a speculative buzz around fundraising plans. Adani group shares are rising due to speculative buzz about the fundraising, said Anshul Jain, Head of Research at …

Adani Wilmar shares slide 9% as promoter looks to divest 20% stake via OFS
2 months, 3 weeks ago

Adani Wilmar shares slide 9% as promoter looks to divest 20% stake via OFS

Live Mint  

Shares of Adani Wilmar fell 9.5% in early trade on January 10, hitting ₹292.65 per share. The OFS price has been set at ₹275 per share, representing a 15% discount compared to Adani Wilmar's closing price on Thursday. As part of this plan, the company intended to sell a 13.5 per cent stake to meet the minimum public shareholding requirements, …

Adani Group to sell 20% stake in Adani Wilmar via OFS, floor price set at ₹275
2 months, 3 weeks ago

Adani Group to sell 20% stake in Adani Wilmar via OFS, floor price set at ₹275

Live Mint  

FMCG player Adani Wilmar is expected to draw attention on Friday, January 10, following the Thursday evening announcement that its founder plans to divest a stake in the company via an Offer For Sale. Adani Commodities, the promoter entity of Adani Wilmar under the Adani Group, plans to divest a 13.5 per cent stake, equivalent to 17.54 crore shares, through …

‘Chasing rumours abroad risks critical alliances with key partners’: US Congressman slams Biden govt’s decision to investigate Adani
2 months, 3 weeks ago

‘Chasing rumours abroad risks critical alliances with key partners’: US Congressman slams Biden govt’s decision to investigate Adani

Op India  

A US Congressman has strongly opposed the outgoing Biden administration’s decision to investigate Indian business conglomerate Gautam Adani, stating that ‘selective prosecution’ over rumours abroad risks critical alliances with America’s key partners. Republican Congressman Lance Gooden penned a sharply worded letter to U.S. Attorney General Merrick B. Garland, criticizing the indictment of industrialist Gautam Adani and labelling it a “selective …

‘If India refuses…’: US Congressman questions Biden admin on Gautam Adani probe
2 months, 3 weeks ago

‘If India refuses…’: US Congressman questions Biden admin on Gautam Adani probe

Hindustan Times  

Republican lawmaker Lance Gooden has slammed the Joe Biden administration for investigating Indian billionaire Gautam Adani, warning it could strain key alliances. Lance Gooden, in a letter to US attorney general Merrick B Garland, questioned, “What will the US do if India refuses an extradition request?” The Congressman has sought answers on the justice department's ‘selective actions’ against foreign entities, …

Civil, criminal cases against Gautam Adani, others related, assigned to one judge: Court order
2 months, 3 weeks ago

Civil, criminal cases against Gautam Adani, others related, assigned to one judge: Court order

Deccan Chronicle  

New York: A New York court has ordered that the criminal and civil cases filed against Indian billionaire Gautam Adani and others in a bribery scheme are related and will be assigned to the judge overseeing the criminal case.The order available on the court website of the US District Court Eastern District of New York says that in consultation with …

Civil, criminal cases against Gautam Adani assigned to one judge: New York court order
2 months, 3 weeks ago

Civil, criminal cases against Gautam Adani assigned to one judge: New York court order

The Hindu  

A New York court has ordered that the criminal and civil cases filed against billionaire Gautam Adani and others in a bribery scheme are “related” and will be assigned to the judge overseeing the criminal case. Gautam Adani indictment: In-depth coverage The order available on the court website of the U.S. District Court Eastern District of New York says that …

Adani bribery case: US court orders joint criminal, civil trial against tycoon
2 months, 4 weeks ago

Adani bribery case: US court orders joint criminal, civil trial against tycoon

India Today  

In a major development, a New York court has ordered to club the three ongoing cases against industrialist Gautam Adani and others on charges of USD 265 million bribery. The cases that have been tagged together include US vs Adani and others, Securities and Exchange Commission vs Adani and others, and SEC vs Cabanes. Adani and others are charged with …

Adani Wilmar stocks recover as share price rises 5% in ealry trade
2 months, 4 weeks ago

Adani Wilmar stocks recover as share price rises 5% in ealry trade

India Today  

Shares of Adani Wilmar rebounded in early trading on Wednesday, climbing nearly 5% to reach a high of Rs 323.50 after having closed at Rs 308.25 in the previous session. This recovery follows a sharp decline of 7% on Tuesday after Adani Enterprises Ltd announced its decision to sell its entire 44% stake in Adani Wilmar Ltd. Adani Enterprises, the …

Gautam Adani: Trial by fire
3 months ago

Gautam Adani: Trial by fire

India Today  

If there were many who left a mark on 2024, billionaire Gautam Adani was one on whom 2024 left a mark. It began on November 20 when the US Distr­ict Court, Eastern District of New York, accu­sed top executives of Azure Power, an Indian solar power producer listed on the New York Stock Exchange, of colluding with Gautam Adani and …

Adani Enterprises to exit JV with Wilmar in first big move since US indictment
Trending News
3 months ago

Adani Enterprises to exit JV with Wilmar in first big move since US indictment

Hindustan Times  

Adani Enterprises Limited on Monday announced its decision to exit its joint venture with Wilmar International Limited through a comprehensive divestment of its stake in Adani Wilmar Limited, the company said in a statement. This marks the Gautam Adani-led company’s first significant transaction since the US Department of Justice indicted the Adani Group in November. With this, the Adani Group …

Adani Enterprises to fully exit Adani Wilmar JV; check details here
3 months ago

Adani Enterprises to fully exit Adani Wilmar JV; check details here

Live Mint  

Adani Enterprises Ltd is exiting its 26-year joint venture with Singapore's Wilmar group, raising over $2 billion that it will invest in core businesses such as energy and utilities. The Adani Group flagship on Monday said it will sell its entire 43.94% stake in Adani Wilmar Ltd-31.06% stake to its partner Wilmar International, and the balance to the public. Adani …

Adani Power, Adani Ports to Adani Green: Adani group stocks rise up to 5%. Do you own any?
3 months ago

Adani Power, Adani Ports to Adani Green: Adani group stocks rise up to 5%. Do you own any?

Live Mint  

Adani Group stocks saw a decent rally on Thursday, with shares rising up to 5% amid strong buying momentum. Among Adani group shares, the biggest gainer was Adani Green Energy stock, followed by Adani Power shares. The gains Adani Group stocks today came at a time when the Indian stock market benchmark indices, Sensex and Nifty 50, are trading flat …

US attorney who indicted Gautam Adani in New York court to resign
3 months, 1 week ago

US attorney who indicted Gautam Adani in New York court to resign

India Today  

United States Attorney for the Eastern District of New York, Breon Peace, has announced his resignation, effective January 10, 2025, just days before the inauguration of Donald Trump as the President of the United States. Breon Peace, who has served in the role since October 15, 2021, has been a key figure in several high-profile cases, including the fraud indictment …

U.S. case against India's Gautam Adani appears strong but extradition unlikely, experts say
3 months, 2 weeks ago

U.S. case against India's Gautam Adani appears strong but extradition unlikely, experts say

The Hindu  

The U.S. fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case, legal experts said, but the tycoon is unlikely to be extradited to stand trial anytime soon. Federal prosecutors in Brooklyn last month unsealed an indictment accusing Mr. Adani of bribing Indian officials to convince them to buy …

Number Theory: Key takeaways from 2 hard years for the Adani Group
3 months, 2 weeks ago

Number Theory: Key takeaways from 2 hard years for the Adani Group

Hindustan Times  

On November 20, the United States Department of Justice issued an indictment against Gautam Adani and two executives of Adani Green Energy for allegations of bribery in India, which put them in breach of US capital market regulations. In January last year, the group was targeted by a US-based short-seller Hindenburg, which accused it of various irregularities – Indian stock …

Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans
3 months, 2 weeks ago

Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans

Live Mint  

The Adani Group has initiated talks with a clutch of investors and banks to refinance $1.1 billion worth of loans of Adani Green Energy Ltd, two persons aware of the discussions said on condition of anonymity. “While the dollar market offers higher tenures, domestic institutions are also offering meaningful long tenures of 10-15 years for extending the refinancing facility," said …

Shares of 6 Adani Group companies, out of 11 listed, decline in mid-session deals
3 months, 2 weeks ago

Shares of 6 Adani Group companies, out of 11 listed, decline in mid-session deals

Hindustan Times  

Shares of six Adani Group firms, out of 11 listed companies, declined in the mid-session deals on Wednesday, with Adani Green Energy falling more than 2 per cent. The scrip of Adani Green Energy slipped 2.46 per cent to ₹1,147.30 apiece, Adani Ports and Special Economic Zone was down by 1.13 per cent, Adani Power, Adani Energy Solutions and Adani …

US market regulator seeks joint hearing of cases against Adani, ex-Azure Director
3 months, 3 weeks ago

US market regulator seeks joint hearing of cases against Adani, ex-Azure Director

India Today  

The United States Securities and Exchange Commission has approached a New York court with a formal request to consolidate the civil cases against Indian industrialist Gautam Adani and Azure Power's Cyril Cabanes. While Gautam Adani and his nephew Sagar Adani have not been directly charged with FCPA violations - a fact repeatedly emphasised by their legal counsel, including prominent lawyers …

Why it's a rocky road ahead for Adani Group
3 months, 3 weeks ago

Why it's a rocky road ahead for Adani Group

India Today  

Gautam Adani’s biographer calls him ‘destiny’s child’. However, a US court indictment which said that, starting in 2020, top honchos of Azure Power—an Indian solar power producer that was listed on the New York Stock Exchange—connived with Adani and two of his senior executives to give $265 million in bribes to government officials across five Indian states in return for …

Adani Group seeks SEBI settlement for shareholding violation charges to avoid regulatory action: Report
3 months, 4 weeks ago

Adani Group seeks SEBI settlement for shareholding violation charges to avoid regulatory action: Report

Live Mint  

Billionaire Gautam Adani-led group has reportedly approached the capital markets regulator Securities and Exchange Board of India, seeking to settle a case in which Adani Group was accused of violating public shareholding regulations. According to the report, the ports-to-power conglomerate's minimum public shareholding requirement violations date back to 2020, and the regulator sought to recover about ₹2,500 crore from the …

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge
3 months, 4 weeks ago

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge

ABP News  

Shares of seven Adani Group companies ended higher on Tuesday, with Adani Ports and Special Economic Zone leading the charge with a 6.02 per cent gain, emerging as the top performer among Sensex and Nifty firms. Other Adani Group stocks also witnessed upward movement on the BSE, with Ambuja Cements rising 5.15 per cent, ACC climbing 2.56 per cent, Adani …

Top Investor Mark Mobius Calls US DoJ's Action Against Adani A 'Wasted Expense'
3 months, 4 weeks ago

Top Investor Mark Mobius Calls US DoJ's Action Against Adani A 'Wasted Expense'

ABP News  

Global investor Mark Mobius said on Tuesday that the recent indictment of Adani Group officials by the US Department of Justice is a wasteful expense. His comment comes amid growing concerns about the US Department of Justice's independence and the Adani Group's indictment, with questions being raised over whether the action is politically motivated. The US DoJ and the Securities …

INDIA bloc MPs hold protest over Adani bribery row on Parliament premises
Trending News
3 months, 4 weeks ago

INDIA bloc MPs hold protest over Adani bribery row on Parliament premises

New Indian Express  

NEW DELHI: 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. 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 …

Adani Green Energy Shares Surge 9% Amid Allegations; Gautam Adani Asserts Resilience
3 months, 4 weeks ago

Adani Green Energy Shares Surge 9% Amid Allegations; Gautam Adani Asserts Resilience

ABP News  

Shares of Adani Green Energy Ltd witnessed a sharp jump of 9 per cent on Monday, trading at Rs 1,445 on the BSE, following a defiant statement from Adani Group chairman Gautam Adani. Performance of Adani Group Stocks While Adani Green Energy saw significant gains, other group stocks showed mixed results: Adani Ports rose 2 per cent, Ambuja Cements gained …

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