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Adani Group

Adani group reviewing matter in detail, will respond in fullness of time: Adani Group CFO Jugeshinder Robbie Singh

Adani group reviewing matter in detail, will respond in fullness of time: Adani Group CFO Jugeshinder Robbie Singh

Sat, Nov 23, 2024

The Adani group has denied the allegations leveled by the US Department of Justice and the US Securities and Exchange Commission against Adani Green directors. Asserting that is is compliant with all laws, it has said that it will seek all possible legal recourse.

Serious allegations against many officials including Gautam Adani?

Serious allegations against many officials including Gautam Adani?

Thu, Nov 21, 2024

Adani Group is once again in the news due to negative news, New York court has convicted many officials including Group Chairman Gautam Adani on serious charges of bribery and misleading investors, know what is the whole news.

Adani Group Denies Hindenburg Allegations

Adani Group Denies Hindenburg Allegations

Fri, Sep 13, 2024

The Adani Group, an Indian business conglomerate, strongly refuted claims regarding the freezing of funds in Swiss bank accounts in a media statement on September 12. The group vehemently denied any involvement in Swiss court proceedings and asserted that authorities had sequestered none of its company accounts.

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Port Companies Under the Spotlight: Jefferies Report Insights

Port Companies Under the Spotlight: Jefferies Report Insights

Tue, Aug 27, 2024

Positive outlook for India's port sector. Jefferies Report on Port Companies. Jefferies' Favorite Port Shares. Why did Jefferies' confidence increase?

Indian Navy Chief Reveals Indigenous Drishti 10 Starliner UAV

Indian Navy Chief Reveals Indigenous Drishti 10 Starliner UAV

Wed, Jan 10, 2024

Indian Navy chief Admiral R Hari Kumar unveils the Drishti 10 Starliner drones manufactured by Adani Defence in Hyderabad. The firm said the drone is an advanced Intelligence, Surveillance and Reconnaissance (ISR) platform with 36 hours of endurance, 450 kgs payload capacity, the only all-weather military platform that can fly in both segregated and unsegregated airspace.

Adani Group stocks surge up to 20% after SC concludes hearing on Adani-Hindenburg matter

Adani Group stocks surge up to 20% after SC concludes hearing on Adani-Hindenburg matter

Tue, Nov 28, 2023

Why action is being seen in the shares of Adani Group today, Adani Enterprises is the top gainers of Nifty, know the complete details in this video....

Pandora Papers: Adani Group used offshore funding to invest in its own stocks

Pandora Papers: Adani Group used offshore funding to invest in its own stocks

Fri, Sep 01, 2023

The Pandora Papers, a massive leak of financial documents, has revealed that the Adani Group used offshore funding to invest in its own stocks. The funding was routed through two offshore shell companies registered in the British Virgin Islands. The shell companies were controlled by associates of Vinod Adani, the elder brother of Gautam Adani.

OCCRP Report: Adani Group entangled in fresh controversy over ‘opaque’ Mauritius funds

OCCRP Report: Adani Group entangled in fresh controversy over ‘opaque’ Mauritius funds

Thu, Aug 31, 2023

The Adani Group is facing fresh allegations of insider trading, this time from the Organised Crime and Corruption Reporting Project (OCCRP). George Soros backed non profit media organisation claims that millions of dollars were invested in some publicly traded stocks of the Adani group through "opaque" Mauritius funds.

Rahul Gandhi calls for JPC probe into reports that Adani family associates secretly invested in own shares

Rahul Gandhi calls for JPC probe into reports that Adani family associates secretly invested in own shares

Thu, Aug 31, 2023

Talking to reporters in Mumbai, Congress party leader Rahul Gandhi called for a thorough investigation into the Adani matter, saying a Joint Parliamentary Committee (JPC) should be allowed and a thorough investigation should take place into the allegations against the businessman.

Adani Group stocks fall over 4% after OCCRP report on opaque Mauritius funds

Adani Group stocks fall over 4% after OCCRP report on opaque Mauritius funds

Thu, Aug 31, 2023

Adani Group stocks fell up to 4% on August 31, 2023, after the Organized Crime and Corruption Reporting Project (OCCRP) said millions of dollars were invested in some publicly traded stocks of the group through opaque Mauritius funds. The OCCRP report cited a review of files from multiple tax havens and internal Adani Group emails. The Adani Group has rejected the allegations, calling them "recycled" and "baseless." The report has raised questions about the transparency of the Adani Group's financial dealings.

Months into Hindenburg report, OCCRP alleges Adani family’s partners used 'opaque' funds to invest in group stocks

Months into Hindenburg report, OCCRP alleges Adani family’s partners used 'opaque' funds to invest in group stocks

Thu, Aug 31, 2023

Launching a salvo at Adani Group, OCCRP said that it found two cases where Adani family members bought and sold Adani Group shares. It further said that two people from Mauritius' Global Opportunities Fund have links with Vinod Adani, the elder brother of Gautam Adani.

Adani group rejects OCCRP allegations on stock manipulation

Adani group rejects OCCRP allegations on stock manipulation

Thu, Aug 31, 2023

The Adani Group has rejected a report by the Organized Crime and Corruption Reporting Project (OCCRP) alleging stock manipulation by the conglomerate.

Hindenburg 2.0: OCCRP alleges Mauritius-based opaque funds invested in Adani stocks

Hindenburg 2.0: OCCRP alleges Mauritius-based opaque funds invested in Adani stocks

Thu, Aug 31, 2023

Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.

Adani Group, Abu Dhabi's TAQA deny $2.5 billion investment report

Adani Group, Abu Dhabi's TAQA deny $2.5 billion investment report

Sat, Aug 19, 2023

Abu Dhabi National Energy Company PJSC is not in talks for any investment in the Adani Group's power businesses, the two entities said in separate statements.

Adani-Hindenburg row: SEBI requests Supreme Court for more time to conclude probe into stock price manipulation allegations

Adani-Hindenburg row: SEBI requests Supreme Court for more time to conclude probe into stock price manipulation allegations

Mon, Aug 14, 2023

Market regulator SEBI on Monday moved the Supreme Court seeking 15 more days to conclude the ongoing probe into the allegations of stock price manipulation by the Adani group.

Ambuja Cements Q1 Results: Profit up 31.2% to Rs 1,135.46 crore; revenue at Rs 8,713 crore

Ambuja Cements Q1 Results: Profit up 31.2% to Rs 1,135.46 crore; revenue at Rs 8,713 crore

Wed, Aug 02, 2023

Ambuja Cements Q1 Results: Ambuja Cements on Wednesday reported an increase of 31.2 per cent in consolidated net profit at Rs 1,135.46 crore for the quarter ended on June 30, 2023, led by volume growth and reduction in operating cost.

Adani-owned Ambuja Cements to acquire majority stake in Sanghi

Adani-owned Ambuja Cements to acquire majority stake in Sanghi

Wed, Aug 02, 2023

Sanghi is one of the leading cement manufacturers from Gujarat state in western India. It has a production capacity of 6.1 million metric tonnes per annum, its website says.

Bain Capital, Carlyle, Cerberus in race to buy Adani group NBFC Adani Capital

Bain Capital, Carlyle, Cerberus in race to buy Adani group NBFC Adani Capital

Mon, Jul 10, 2023

The PE firms are eyeing to make a complete buyout of NBFC, led by CEO Gaurav Gupta, who owns a 10 per cent stake in the company. The remaining 90 per cent is held by its promoters.

Adani Total Gas to invest Rs 20,000 crore in 8-10 years to expand city gas

Adani Total Gas to invest Rs 20,000 crore in 8-10 years to expand city gas

Thu, Jun 29, 2023

Adani Total Gas Ltd, the joint venture of billionaire Gautam Adani's group and French energy giant TotalEnergies, will invest Rs 18,000 crore to Rs 20,000 crore in the next 8 to 10 years to expand infrastructure for retailing CNG to automobiles and piping gas to households and industries, its CFO said.

Adani Group Stocks: These 4 stocks rally as BSE, NSE increase circuit limits

Adani Group Stocks: These 4 stocks rally as BSE, NSE increase circuit limits

Wed, Jun 07, 2023

Adani Group stocks: For Adani Green Energy, Adani Transmission, and Adani Wilmar, the circuit limits have been raised to 10% from 5% earlier and for Adani Power, the circuit limit has been increased to 20% from 5%.

Adani Power, Adani Transmission: Most Adani Group stocks rally as BSE, NSE increase circuit limits on 4 scrips

Adani Power, Adani Transmission: Most Adani Group stocks rally as BSE, NSE increase circuit limits on 4 scrips

Wed, Jun 07, 2023

Adani Group stocks: For Adani Green Energy, Adani Transmission, and Adani Wilmar, the circuit limits have been raised to 10 per cent from 5 per cent earlier and for Adani Power, the circuit limit has been increased to 20 per cent from 5 per cent.

Adani-Hindenburg Row: SEBI Granted Extension By SC Till Aug 14 To Submit Report

Adani-Hindenburg Row: SEBI Granted Extension By SC Till Aug 14 To Submit Report

Wed, May 17, 2023

The Supreme Court on Wednesday granted markets regulator SEBI time till August 14 to submit its report on the investigation into the Adani Group-Hindenberg report issue. The apex court on Monday adjourned the hearing on the SEBI plea seeking a six-month extension to conclude the investigation in the Hindenburg Research's report.

SEBI Tells SC Has Not Probed Any Adani Company Since 2016, Needs 6 Months To Submit Report

SEBI Tells SC Has Not Probed Any Adani Company Since 2016, Needs 6 Months To Submit Report

Tue, May 16, 2023

The markets regulator has not investigated publicly traded Adani group companies since 2016 for suspected misuse of global depository receipts (GDRs) to route black money or any other violation, the Securities and Exchange Board of India (Sebi) told the Supreme Court on Monday.

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