The Congress party has accused the Adani Group and the Indian government of a lack of concern over the alleged involvement of Chinese national Chang Chung-Ling in the conglomerate’s activities, and his potential involvement in important defence contracts. The Congress party has accused the Adani Group and the Indian government of a lack of concern … Read more
The Supreme Court, while listening to the requests related to Hindanberg’s report on the Adani group, has ordered that a committee investigate the entire case. At the same time, the Supreme Court has also asked the SEBI to present the report in two months while continuing with the investigation of this case. The committee that … Read more
The Modi-led central government bestowed an extraordinary favour on the Adani Group headed by Gautam Adani, boosting its coal business, documents revealed. Adani’s coal business new rise An investigation by The Reporters’ Collective, published by Al Jazeera, cites documents revealing that PM Narendra Modi’s government allowed Adani Enterprises Limited to mine from a block containing more … Read more
After the Hindenburg report related to the companies of Indian businessman Gautam Adani came to light, the shares of his companies in India are continuously falling, its effect is also visible in Australia. Hindenburg affected Australian investors According to a report in The Telegraph, Australian investors who invested in Adani’s companies thinking they were investing … Read more
The Adani Group, led by Indian businessman Gautam Adani, failed to succeed in buying energy sector company DB Power for Rs 7,017 crore on Wednesday. According to the Times of India report, Adani Power, an Adani Group company, signed the documents related to the purchase of this company on August 18 last year. The deal … Read more
London-based investment firm Elara Capital is reported to have connections to the Adani Group, and the Indian conglomerate itself is being watched by the Financial Conduct Authority (FCA) in the UK, Financial News reports. Although the allegations mainly focus on group companies outside the UK, the FCA is investigating possible UK connections around Elara, according … Read more
Adani group companies developer to prepay $1.11 billion in loans ahead of maturity and release pledged shares in three companies amid a collapse in group shares following a report by US short-seller Hindenburg Research alleging fraud and manipulation against the promoter. The promoters of Adani Group are repaying the loan before the due date. The … Read more
The Adani group, which has been facing challenges on the stock market for ten days, has received a heavy blow from the Uttar Pradesh government. On January 24, after the American Forensic Financial Company Hindenburg made allegations related to financial irregularities in the Adani Group, the shares of its companies are continuously falling. According to … Read more
The Adani Group has accused Hindenburg Research of failing to conduct proper research and of “copying and pasting” the company’s disclosures. Adani Group CFO Jugeshinder Singh said that they either did not do a proper investigation or did a proper investigation but misled the public. The Securities and Exchange Board of India (SEBI) may claim … Read more
Most shares of Adani Group fell sharply on Monday as the Indian conglomerate’s rebuttal of criticism by an American short seller failed to appease investors, deepening a market slide that has now led to losses of $65 billion in value of group shares. Asia’s richest man Gautam Adani, the Indian group clashed with Hindenburg Research … Read more
