The Latest Breaking News from Adani Group

SEBI can’t be expected to take OCCRP allegations in Adani case as gospel truth: SC

Supreme Court said SEBI cannot accept foreign media reports as "gospel truth" on Adani Group's alleged stock manipulation & accounting fraud. SEBI bound by evidentiary requirements & cannot take reports as evidence. SIT to investigate, but SEBI following Justice Sapre committee's suggestions to protect investors.

The Hindu · Nov 24, 2023

‘Should SEBI now follow journalists?’ SC reserves verdict in Adani-Hindenburg case

The Supreme Court today reserved its verdict in a batch of petitions seeking a court-monitoring inquiry into fraud allegations made by Hindenburg Research against the Adani Group, Bar and Bench reported.

Newslaundry · Nov 24, 2023

Tajpur port not feasible; Mamata-Adani played along, alleges Suvendu Adhikari

Opposition leader Suvendu Adhikari alleges West Bengal govt. & Adani Group knew Tajpur port not feasible, but played along. Adani Power Ltd. had to pass electricity-bearing cables through WB, but farmers objected.

The Hindu · Nov 22, 2023

Mahua Moitra writes to Lok Sabha Speaker on leak of Ethics Committee’s report

She also points out the conflict of interest in Adani Group-owned channel accessing the report before its adoption; Trinamool MP also mentions ‘inaction’ by the Speaker’s office

The Hindu · Nov 10, 2023

US invests $553 million in Gautam Adani’s Sri Lanka port to curb China’s influence

NEW DELHI: The US will provide $553 million in financing for a port terminal in Sri Lanka’s capital being developed by Indian billionaire Gautam Adani, as New Delhi and Washington look to curtail China’s influence in South Asia.

The Times of India · Nov 8, 2023

AAI employees refuse to join Adani Group as joint operation ends in three airports

The three-year joint operation by the employees of the AAI and the Adani Group has been completed in three airports, namely Ahmedabad, Mangaluru, and Lucknow, but not a single AAI employee in these airports was ready to accept the offer letter of the private concessionaire.

The Hindu · Nov 2, 2023

Decoding the Lok Sabha Ethics Committee’s probe against Trinamool MP Mahua Moitra

The Hindu explains the allegations against Mahua Moitra, the role of Ethics Committee of Lok Sabha in the probe and what happens in the cash-for-query case.

The Hindu · Nov 2, 2023

‘State-sponsored’ attacks on phones of India opposition leaders, says Apple

Several parliamentarians and journalists warned their devices were likely compromised by ‘state-sponsored attackers’.

Al Jazeera · Oct 31, 2023

‘A mystery’ how Adani group escapes despite pervading ‘stench of illegality’: Congress

The Congress on Monday claimed that recent media reports have “further illuminated” close links between the Adani group and a “shadowy network” of the group’s confidants who are allegedly involved in round-tripping, money laundering and brazen violations of Securities and Exchange Board of India (SEBI) laws.

The Hindu · Oct 30, 2023

Congress cites news on Adani auditor under NFRA lens, says something 'truly rotten' in conglomerate

The Congress cited a media report that one of the Adani Group’s long-time auditors is being scrutinised by India’s accounting regulator to allege that “something is truly rotten” in the conglomerate.

The Hindu · Oct 26, 2023