Sat, Apr 08, 2023
Adani-Hindenburg crisis: Talking to reporters, Pawar said if a JPC has 21 members, 15 will be from the ruling party and six from the opposition due to numerical strength in Parliament, which will create doubts on the panel.
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Sat, Mar 25, 2023
Adani-Hindenburg Saga: The group stocks have taken a beating on the exchanges since the report by US-based short-seller Hindenburg Research came in January this year. The report had made a litany of allegations, including fraudulent transactions and share-price manipulation, against it.
Sat, Mar 04, 2023
The value of LIC's shareholding in the Adani Group stocks has risen by about Rs 9,000 crore since and at Friday's closing price, it stands at Rs 39,068.34 crore, according to information available on the stock exchanges.
Thu, Mar 02, 2023
Adani-Hindenburg saga: The Supreme Court on Thursday ordered the setting up of a 6-member committee headed by ex-apex court judge AM Sapre to probe the recent share crash of Adani Group companies.
Wed, Feb 22, 2023
Adani-Hindenburg saga: Capital markets regulator Securities and Exchange Board of India (Sebi) has asked credit rating agencies to share details of all ratings of local loans and securities of Adani Group companies.
Fri, Feb 17, 2023
The Supreme Court on Friday refused to accept in a sealed cover the Centre's suggestion on a proposed panel of experts for strengthening regulatory measures for the stock market. “We will not accept the sealed cover suggestion by you because we want to maintain full transparency,” the bench said.
Thu, Feb 16, 2023
Gautam Adani-led Adani Power's Rs 7,017-crore acquisition of DB Power assets has lapsed as the transaction deadline expired.
Tue, Feb 14, 2023
Adani-Hindenburg Saga: Union Home Minister Amit Shah on Tuesday categorically denied Congress' allegations that the Bharatiya Janata Party (BJP) government has favoured the Adani Group.
Mon, Feb 13, 2023
As per SEBI norms, short selling shall be defined as selling a stock which the seller does not own at the time of trade.
Sat, Feb 11, 2023
Adani group companies have lost US $100 billion in market value since the US short-seller Hindenburg Research came out with a damning report alleging fraud at the conglomerate helmed by Gautam Adani.
The apex court also asked the Centre to consider setting up a panel of domain experts headed by a former judge to look into strengthening the regulatory mechanisms.
Under the revamped concessional tax regime, which will be effective from the next fiscal, no tax would be levied on income up to Rs 3 lakh.
Fri, Feb 10, 2023
Adani Enterprises FPO: India's market regulator is investigating Adani Group's links to some of the investors in the conglomerate's aborted $2.5 billion share sale, two sources said.
Sun, Feb 05, 2023
The exposure to Adani Group is primarily to the operating companies in sectors like ports, transmission, power, gas distribution, roads and airports, it said.
Sat, Feb 04, 2023
In the last two days alone, USD 8 billion in forex came in, the finance minister said during a post-Budget press conference.
Fri, Feb 03, 2023
ASM framework stock market, NSE, BSE: Stocks that are shortlisted for inclusion in the ASM list serve as a warning to investors about unusual price movement.
As many as three Adani group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE, according to the latest data available with the exchanges on Thursday.
Tue, Jan 31, 2023
Billionaire Gautam Adani, who is the richest Indian and Asian in the world, saw his fortune decline which led to his ranking on the Bloomberg Billionaires Index slipping out of the top ten in the world's richest list.
The Adani group — led by billionaire Gautam Adani — dismissed the Hindenburg report as baseless, issued a detailed response, and said it has already made necessary regulatory disclosures in compliance with laws.
Mon, Jan 30, 2023
Discarding the allegations made in the Hindenburg Research report, Madhu Kela said that Adani group has gone into heavy debt primarily because of the acquisitions it has made in the past few years.
Most of the incremental funding to the group for new businesses and acquisitions has come through overseas sources, according to a global brokerage firm CLSA.
Hindenburg research report on Adani: On January 25, Hindenburg released a report that alleged the Adani Group had "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".
New York-based short seller Hindenburg Research has responded to Adani Group's 413-page riposte, saying "fraud cannot be obfuscated by nationalism or a bloated response that ignores every key allegation it originally raised".
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