Adani Group News
In the last few years, Hindenburg Research had launched a campaign against the Adani group. Its reports published since 2023 had resulted in billions of dollars of loss for the Indian billionaire. All the charges were denied by Adani and his companies.
Adani Green Energy's total traded volume so far in the day stood at 7.1 times its 30-day average, while the RSI was at 47. Adani Power's total traded volume so far in the day stood at 13 times its 30-day average, while the RSI was at 57.
Mahindra Group Chairman Anand Mahindra paid tribute to Dr. Manmohan Singh, saying, "Your service to it will long be remembered. Om Shanti."
The scrip of Adani Green Energy slipped 2.46 per cent to Rs 1,147.30 apiece, Adani Ports and Special Economic Zone was down by 1.13 per cent, Adani Power (down 1.05 per cent), Adani Energy Solutions (down 1.11 per cent) and Adani Total Gas skid by 0.33 per cent on the BSE.
Rahul Gandhi called for Adani's arrest, accusing the Modi government of protecting him despite serious charges.
A review committee formed by Bangladesh's interim government on Sunday recommended engaging an investigation agency to examine power agreements signed by deposed prime minister Sheikh Hasina's regime with different business groups, including one with India's Adani Group.
The Adani Group has responded to allegations against directors of Adani Green made by the US Department of Justice and the US Securities and Exchange Commission.
The video clip claims to uncover disturbing patterns in SEBI's leadership and certain unethical dealings that have served to protect privileged cronies.
Adani Power said it is in the "process of responding to the regulatory and statutory authorities providing information, responses, documents and/or clarifications, as applicable".
Nearly a year after its first report, which sent Adani Group’s shares plummeting, Hindenburg Research released another critical report
Ambuja will acquire 46.8 per cent shares of OCL from its current promoters and certain public shareholders and the acquisition will be fully funded through internal accruals, the company said in a statement.
The issue price for the QIP was set at Rs 2,962 per share, reflecting a 5 per cent discount from the floor price of Rs 3,117.47 per share, according to the company's exchange filing.
The Adani group operates airports 7 Airports in India. Here’s the list.
Transparency activist sought RTI response
Sebi refuses to disclose copies of Buch's declarations to govt
Cites personal safety issues
In a point-by-point rebuttal of the Congress allegations, the Buchs said Madhabi has made all disclosures and followed SEBI's recusal guidelines.
The Congress attack comes a day after Buch said that she had made all necessary disclosures and complied with recusal guidelines in dealing with companies such as Mahindra Group that hired her husband, as she rejected allegations of impropriety as "false, malicious and motivated".
This is the third ever statement since the release of US-based research firm's report on August 10 that alleged Sebi chief's connection related to offshore funds by the Adani Group.
Dismissing the latest allegations, an Adani Group spokesperson denied the baseless claims.
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