Wed, Jan 03, 2024
Adani-Hindenburg Case Verdict: The top court said that the allegations against the group have already been rejected by itself and the Customs, Excise & Services Tax Appellate Tribunal (CESTAT).
More >
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.
Fri, May 19, 2023
Adani-Hindenburg Saga: An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate.
Adani-Hindenburg Saga: The Supreme Court-appointed committee headed by retired judge A.M. Sapre probing the Adani-Hindenburg controversy said there was no regulatory failure in relation to compliance with the regulatory stipulations governing minimum public shareholding stipulation and "Hindenburg Report...contained no new data but was substantially a collection of inferences from data in the public domain".
Mon, May 15, 2023
Adani-Hindenburg crisis: The bench led by the Chief Justice of India (CJI) Dr. Dhananjaya Yeshwant Chadrachud and also comprising Justices P S Narsimha and J B Pardiwala, adjourned the matter
Further, the petition has also clarified that the allegation that SEBI is investigating Adani since 2016 is factually baseless as it has no relation and/or connection to the issues referred to and/or arising out of the Hindenburg Report.
Fri, May 12, 2023
The Adani Group's woes continue as MSCI drops Adani Transmission Ltd and Adani Total Gas Ltd from its India Index, adding to the market rout triggered by the Hindenburg report earlier this year.
Mon, Apr 24, 2023
APSEZ floated a tender to buy back as much as $130 million of its July 2024 bonds and similar amounts in each of the next four quarters, it said in an exchange filing, as it looks to regain investor confidence by showing that its liquidity position is comfortable.
Thu, Mar 23, 2023
Could US-based Hindenburg Research, whose report in late January rocked Adani group shares, be working on another big report? Well, that's what the US-based financial research company just hinted at in a Twitter post. It was a January 24 report by HIndenburg, accusing the Indian conglomerate of stock manipulation and misuse of offshore tax havens that sent Adani group stocks — from the likes of Adani Enterprises to Adani Ports — bleeding on Dalal Street, even as Adani group denied any wrongdoing. The Adani conglomerate also dismissed the Hindenburg report as baseless.
Tue, Mar 14, 2023
LIC has informed that its debt exposure to Adani Group of Companies, was Rs 6,347.32 crore in December 2022 and Rs 6,182.64 crore on March 5, 2023. Of the total Rs 6,183 crore, LIC has an exposure of Rs 5,390 crore to APSEZ
Mon, Mar 13, 2023
Finance Minister Nirmala Sitharaman said, "The Life Insurance Corporation of India (LIC) has informed that its debt exposure to Adani Group of Companies, was Rs 6,347.32 crore and Rs 6,182.64 crore, as on December 31, 2022, and March 5, 2023, respectively".
Thu, Mar 02, 2023
Share Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 resumed falling after a day's breather, dragged by selling across most sectors with financial and IT shares leading the slide. Sustained foreign fund outflows and weakness in global markets amid concerns about higher-for-longer interest rates kept investors on Dalal Street nervous. Among heavyweights, Infosys, TCS, Reliance, HDFC Bank and Axis Bank were the biggest drags on headline indices.
Mon, Feb 27, 2023
Once among the top three world’s richest, Gautam Adani slipped to 30t position on the world billionaire index list after a US forensic audit firm Hindenburg Research released a report on January 24, 2023.
Mon, Feb 13, 2023
Adani Group stocks continued to reel under selling pressure on Feb 13. Adani Green Energy, Adani Power, Adani Total Gas, and Adani Transmission has hit lower circuit.
Fri, Feb 10, 2023
Gautam Adani-led Adani Group has hired US-based law firm Wachtell to fight against allegations recently leveled against the conglomerate by short-seller Hindenburg Research, news agency ANI reported citing a Financial Times report.
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.
Mon, Jan 30, 2023
Adani Group rejects all accusations put by hindenburg research report on wednesday by issuing 413 page long written answers. After that hindenburg also hit back with their response. Know more in this video
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
