Adani Group

23Apr

Business

SEBI Finds 12 Adani Offshore Funds Violating Disclosure And Investment Rules: Report

The Securities and Exchange Board of India (SEBI) has uncovered violations of disclosure rules and breaches of investment limits by 12 offshore funds investing in Adani group companies, according to a Reuters report. Earlier this year, SEBI reportedly issued notices to offshore investors, outlini...

Read More

11Apr

India

Adani Group Pumps Rs 100 Crore In Policy Think Tank: Report

The Adani Group is gearing up to establish a think tank aimed at shaping policy discourse across three critical domains: energy transition and climate change, economics and trade, and geopolitics and strategic affairs. According to sources quoted by the Economic Times, the unit, which will be called...

Read More

19Mar

Media

Criticism Over Adani Group ‘Co-Presented’ Indian Express’ Ramnath Goenka Journalism Awards

Ramnath Goenka Excellence in Journalism Awards were instituted by the Indian Express Group to honour journalists across the country. Touted as the most prestigious awards in the field of journalism in India, it was given every year since 2006. However, this time, the Goenka Awards function is garner...

Read More

16Mar

Business

US Probes Gautam Adani And Adani Group Over Potential Bribery: Report

The United States has reportedly widened its investigation into India's Adani Group, focusing on potential bribery and the conduct of billionaire founder Gautam Adani. Bloomberg reported that the investigation is handled by the Justice Department’s fraud unit in Washington and the US Attorney’s Offi...

Read More

13Feb

Business

“Absolutely Unthinkable”: Priyanka Chaturvedi Criticizes Adani Group Over Mumbai Airport Mismanagement

MP and deputy leader of Shiv Sena in Rajya Sabha, Priyanka Chaturvedi took to X (formerly known as Twitter) to criticise the Adani Group’s mismanagement in handling the operations at the Mumbai airport, amid orders from the government to cancel flights due to congestion and poor on-time departures. ...

Read More

21Jan

India

In Ayodhya, Firm Linked To BJP Sold Ecologically Sensitive Land To Adani Group At Big Profit: Report

Reportedly, a firm linked with BJP leaders bought ecologically sensitive land near Saryu river and then sold it to Adani Group on price three times larger than for what they bought the land. A firm called Time City Multi State Cooperative Housing Society bought the land for Rs 1.13 crore, between Oc...

Read More

10Jan

Business

Adani Group Will Invest Rs. Lakh Crore In Gujrat In Next 5 Years

The ports-to-power conglomerate Adani Group is set to invest Rs 2 lakh crore in Gujarat in the next 5 years, creating over 1,00,000 direct and indirect jobs, chairman of the company Gautam Adani said on Wednesday while addressing the Vibrant Gujarat Global Summit 2024. Adani said: "Over the next ...

Read More

9Jan

Business

Delhi High Court Pauses Order Asking CBI And DRI To Investigate Over-Invoicing Of Imports By Adani Group

The Delhi High Court has paused its order, asking the CBI and the Directorate of Revenue Intelligence (DRI) to “meticulously and expeditiously” look into allegations of over-invoicing of imports by the Adani Group, noting that the case is under consideration of the Supreme Court. Adani Power Limi...

Read More

5Jan

Business

Gautam Adani Reclaims Top Spot as India’s Richest Man, Surpassing Mukesh Ambani

Adani Group chairman Gautam Adani reclaimed the country's wealthiest person position, surpassing Reliance Industries Limited Chairman Mukesh Ambani, on the back of the significant rally seen in the shares of Adani Group companies. Gautam Adani currently holds a net worth of $97.6 billion, which i...

Read More

3Jan

Business

Fight Against Crony Capitalism Will Continue: Congress On Supreme Court Relief For Adani Group

After a Supreme Court bench, led by Chief Justice of India DY Chandrachud and justices JB Pardiwala and Manoj Misra, said on Wednesday that the report from the  Organized Crime and Corruption Reporting Project (OCCRP) should not serve as the basis for casting doubt on the Securities and Exchange Boa...

Read More