Adani Group: News

24 Mar 2023

Jack Dorsey

How Jack Dorsey lost over $500mn after latest Hindenburg report 

Hindenburg Research, whose report battered the shares of Indian conglomerate Adani Group, has found a new target: Jack Dorsey's Block.

Another big one: Adani slayer Hindenburg Research teases new report

United States (US)-based short-seller Hindenburg Research tweeted on Thursday that it will release a new report soon, calling it "another big one."

20 Mar 2023

Parliament

Rajya Sabha adjourned again amid ruckus over Gandhi's London remarks

The ongoing clash between the Bharatiya Janata Party (BJP) and the opposition MPs continued for the sixth day on Monday, resulting in the 10th adjournment of the Rajya Sabha since the second leg of the Parliament Budget Session started.

20 Mar 2023

Adani Ports

How is Adani Group fighting the Hindenburg narrative

Adani Group, the once high-flying conglomerate, has been fighting a damning report by Hindenburg Research over the past few months.

18 Mar 2023

Amit Shah

'Trust the judicial process': Amit Shah's advice on Adani-Hindenburg row

Union Home Minister Amit Shah has broken his silence on the opposition's demand to form a joint parliamentary committee to investigate the Adani Group-Hindenburg Research row.

14 Mar 2023

Rajasthan

BJP corners Congress on its 'How did Pulwama happen' remark

Rajasthan Congress chief Sukhjinder Singh Randhawa's divisive statement demanding an investigation into the 2019 Pulwama terror attack has raised a storm in the ruling Bharatiya Janata Party (BJP).

13 Mar 2023

Mallikarjun Kharge

Opposition parties meet to strategize before Budget Session resumes today

Ahead of the second leg of the Parliament's Budget Session, as many as 16 opposition parties reportedly met at Congress chief and Leader of the Opposition in Rajya Sabha Mallikarjun Kharge's office at around 10:00 am on Monday to chalk out their floor strategy.

10 Mar 2023

Telangana

BJP responds to KTR's 'Adani is proxy of PM' claims

Soon after Bharat Rashtra Samithi (BRS) leader KT Rama Rao (KTR) attacked the Bharatiya Janata Party (BJP) leader and Prime Minister Narendra Modi over the Adani Group controversy at a press briefing, the BJP's Natcharaju Venkata Subhash called the BRS leader "restless" on Thursday.

Why has NSE put three Adani Stocks under surveillance

Adani Group stocks have been on a recovery path after the fiasco that followed the Hindenburg Research report. Things were looking up for the conglomerate.

04 Mar 2023

Harish Salve

Probe Hindenburg Research and those who made fortunes: Harish Salve 

Former Solicitor General of India (SGI) and senior Lawyer Harish Salve said on Friday that the primary goal of United States based short-seller Hindenburg Research's report on Adani Group was to make a profit on the misfortune of middle-class investors.

02 Mar 2023

Gautam Adani

'Truth will prevail': Adani welcomes SC order on Hindenburg case

Billionaire Gautam Adani welcomed the Supreme Court's order on the Adani Group-Hindenburg Research case on Thursday.

SC constitutes expert panel, directs SEBI to probe Adani Group

In a massive blow to the Adani Group, the Supreme Court has directed the Securities and Exchange Board of India (SEBI) to investigate the allegations leveled against the conglomerated by Hindenburg Research.

01 Mar 2023

Adani Ports

Are Adani Group stocks on the road to recovery

In January this year, a damning report by Hindenburg Research sent high-riding Adani Group stocks to the trenches. After dwelling at the bottom for over a month, the conglomerate's listed companies are finally showing signs of revival.

27 Feb 2023

Hemant Soren

Don't deposit money, bankers will steal it: Jharkhand CM Soren

Jharkhand CM Hemant Soren has ruffled some feathers yet again with his latest controversial remarks.

24 Feb 2023

Gautam Adani

Adani Group to conduct roadshow in Asia to appease investors

Investor confidence in Adani Group stocks and bonds is at an all-time low following a damning report by Hindenburg Research.

23 Feb 2023

Gautam Adani

Gautam Adani is no longer among the world's 25 richest

Gautam Adani was once the second richest man alive on the planet. Now, he is not among the 25 richest billionaires in the world.

22 Feb 2023

Income Tax Return

Suffered loss in Adani stocks? Get relief during ITR filing

Gautam Adani-owned Adani Group went into a meltdown after Hindenburg Research's damning report in January.

21 Feb 2023

Pawan Khera

Congress's Pawan Khera mocks PM Modi's father, invites BJP's ire

After Congress spokesperson Pawan Khera allegedly mocked Prime Minister Narendra Modi's name and his father while criticizing the Centre over the Adani Group controversy, Bharatiya Janata Party (BJP) leaders reacted sharply, deciding to stage a protest on Tuesday.

18 Feb 2023

S Jaishankar

EAM Jaishankar attacks George Soros for remarks against PM Modi

Days after George Soros claimed the ongoing Adani Group controversy would significantly weaken PM Narendra Modi's "stranglehold on India's federal government," External Affairs Minister (EAM) S Jaishankar tore into the billionaire investor on Saturday.

Adani case: Supreme Court rejects Centre's sealed cover for panel

The Supreme Court (SC) rejected the Centre's sealed envelope suggestions on an expert panel on Friday, noting that it would form its own committee to oversee investor protection issues in the aftermath of the Hindenburg Research report, reported CNBC.

14 Feb 2023

Amit Shah

Nothing to hide in Adani-Hindenburg case: Amit Shah breaks silence 

Union Home Minister Amit Shah responded for the first time on Tuesday to the Congress's allegations that the Bharatiya Janata Party (BJP)-led Central government favored the Adani Group.

SEBI probing Hindenburg allegations on Adani Group: Centre tells SC

Market regulator Securities Exchange Board of India (SEBI) is looking into Hindenburg Research's fraud and stock manipulation allegations against Adani Group, Solicitor General Tushar Mehta informed the Supreme Court on Monday.

13 Feb 2023

Jagdeep Dhankhar

Rajya Sabha adjourned amid ruckus over Adani-Hindenburg row by Opposition

Rajya Sabha Chairman Jagdeep Dhankhar on Monday adjourned the House till March 13 amid ruckus and sloganeering by the Opposition over the Adani-Hindenburg row.

10 Feb 2023

Cricket News

WPL: Lucknow franchise named UP Warriorz; Jon Lewis appointed coach

The Lucknow franchise of the Women's Premier League (WPL) has been named UP Warriorz.

Adani Group stocks back in the red after MSCI review

Adani Group's dream of building a winning streak in the market fell short on the third day. After rallying for two trading sessions, all listed companies of the group except for Adani Wilmar ended in the red on Thursday.

Adani-Hindenburg row: Pleas in SC on 'conspiracy to defame India'

The Supreme Court on Friday will hear two pleas seeking the constitution of a panel headed by a retired SC judge to probe the "conspiracy" by short-seller Hindenburg Research against Adani Group.

09 Feb 2023

Stock Market

Sensex gains 142 points, Nifty settles just under 17,900 mark

The stock market closed on a flat note but in green on Thursday with the Sensex settling at 60,806.22 points and Nifty ending at 17,893.45 points.

Domestic lenders are safe from Adani Group's fall: RBI, Moody's

Adani Group has been under the microscope ever since Hindenburg Research published a report accusing the conglomerate of stock manipulation and accounting fraud. The report also pointed out the group's sky-high debts.

08 Feb 2023

Narendra Modi

"Ecosystem was jubilant": PM Modi takes dig at RaGa's speech

Prime Minister Narendra Modi on Wednesday replied to the Motion of Thanks on the President's address and the allegations leveled against him by the Opposition in the Lok Sabha.

08 Feb 2023

Congress Party

Adani-Hindenburg row: BJP MP seeks moving privilege motion against Gandhi

Bharatiya Janata Party (BJP) leader and MP Nishikant Dubey on Wednesday wrote to Lok Sabha Speaker Om Birla to move a breach of privilege motion notice against Congress's Rahul Gandhi.

07 Feb 2023

Rahul Gandhi

What's Adani's relation with PM Modi: Rahul Gandhi in Parliament

Underlining billionaire Gautam Adani's meteoric rise over the last eight years under Prime Minister Narendra Modi's rule, Congress MP Rahul Gandhi, in his address in Lok Sabha, questioned the relationship between the two.

06 Feb 2023

Parliament

Adani-Hindenburg row: Opposition stalls Parliament proceedings, seeks PM Modi's response

The fraud allegations made by Hindenburg Research against Adani Group have sparked a political row in the country, with the Opposition disrupting the Parliament for the third day on Monday.

06 Feb 2023

Congress Party

Adani-Hindenburg row: Congress launches nationwide protest, calls for probe

The Congress on Monday took to the streets nationwide, calling for an impartial investigation into the fraud allegations against Adani Group, which it claimed endangers public savings.

06 Feb 2023

Gautam Adani

Adani Group to prepay loans and reduce capex

Adani Group is in damage control mode after a damning report by Hindenburg Research led to its listed companies losing over half their value.

04 Feb 2023

Nirmala Sitharaman

Regulators monitoring Adani-Hindenburg crisis, FPO pullout hardly impacted economy: Sitharaman

Union Finance Minister Nirmala Sitharaman on Saturday said that market regulators are independently monitoring the crisis around Adani Group, which is facing allegations of stock manipulation and accounting fraud.

03 Feb 2023

Mallikarjun Kharge

Adani-Hindenburg row: Kharge huddles with Opposition leaders to corner government

As many as 16 Opposition parties met at the office of Parliament's Leader of Opposition (LoP) Mallikarjun Kharge after he called an urgent meeting on Friday to jointly strategize for demanding accountability from the government on the risk to Indian investors.

03 Feb 2023

Gautam Adani

Adani Group's meltdown: Lenders, stock exchanges put conglomerate on notice

Gautam Adani's business empire is in the midst of a meltdown, the scale of which no one could have predicted.

RBI is looking into Indian banks' exposure to Adani Group

As Adani Group companies nosedive in the stock market, the Reserve Bank of India (RBI) has stepped in to measure the exposure of Indian banks to the conglomerate.

02 Feb 2023

Stock Market

Sensex gains 224 points, Nifty ends flat at 17,610 points

The stock market on Thursday ended on a sluggish note as the Sensex settled at 59,932.24 points and the Nifty stood at 17,610.4 points.