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The Latest Breaking News from Adani Group

Morning Digest | U.S. probing Gautam Adani, Group over potential bribery; BRS MLC K. Kavitha arrested after ED searches, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on March 16, 2024

The Hindu

Dharavi rehabilitation project: mapping of slum cluster in heart of Mumbai to begin soon

The Dharavi Redevelopment Project in Mumbai is set to begin mapping the slum cluster, with a survey to determine eligibility for rehabilitation.

The Hindu

Adani Group to invest ₹12,400 cr in Telangana in the coming years

Adani Group announces investments of ₹12,400 crore in Telangana for various projects including data centers and cement grinding unit.

The Hindu

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Year after NDTV exit, Prannoy Roy returns with new venture deKoder

Nearly one year after the Adani Group’s takeover of NDTV, the channel’s founder Prannoy Roy has returned with his new venture deKoder – an AI-driven website and app to analyse issues in several Indian languages.

Newslaundry

Ambani, Adani and Tatas line up fresh investments in Gujarat

Remaining highly bullish on India's growth story, top business leaders Mukesh Ambani, Gautam Adani, and N Chandrasekaran committed more investments in Gujarat on Wednesday to further grow their presence in the coastal state. Read further on Dynamite News:

Dynamite News

Adani Group to invest ₹2 lakh crore in Gujarat in next five years

Billionaire Gautam Adani announced an investment of over ₹2 lakh crore in Gujarat, largely in building a green energy park that would be visible even from space.

The Hindu

Gautam Adani’s rollercoaster ride: From Hindenburg’s hit to historic comeback

In late January 2023, Hindenburg Research, a US-based short-selling firm, caused a stir in the financial world with its report targeting Gautam Adani, who was then Asia's wealthiest individual. The report accused Adani Group, the apples to airport conglomerate, of "brazen stock manipulation and accounting fraud scheme over the course…

The Times of India

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Chess prodigy Praggnanandhaa receives backing from Adani Group

Adani Group backs 18-year-old Grandmaster R. Praggnanandhaa for Candidates chess tournament in Toronto, aiming to win laurels for India.

The Hindu

Gautam Adani meets chess prodigy Praggnanandhaa, extends support

NEW DELHI: Adani Group chairman Gautam Adani met with the rising chess sensation, Rameshbabu Praggnanandhaa, on Friday, expressing admiration for the young prodigy's achievements.

The Times of India

Adani Group keen on investing in Telangana

Adani Group keen to invest in Telangana, Chief Minister A. Revanth Reddy welcomes investment plans.

The Hindu

Adani-Hindenburg case verdict: Key takeaways

The Hindu decodes the key takeaways from the Supreme Court’s verdict in the Adani-Hindenburg case

The Hindu

Supreme Court verdict on Adani probe ‘extraordinarily generous’ to SEBI: Congress

The Supreme Court’s decision not to transfer the probe into allegations of stock price manipulation by the Adani group to the CBI or to a special investigation team, instead giving an additional three months to SEBI, is “extraordinarily generous”, the Congress said

The Hindu

Adani-Hindenburg row: Supreme Court upholds Sebi's probe, dismisses need for further investigation

In a significant development, the Supreme Court of India has reinforced the Securities and Exchange Board of India's (Sebi) ongoing investigation into the Adani-Hindenburg controversy. The apex court dismissed the need for further probes, emphasizing the adequacy of Sebi's efforts in addressing allegations of accounting fraud and stock manipulation by…

The Times of India

India Top Court Declines To Order New Probe Against Billionaire Gautam Adani's Companies

India's top court on Wednesday rejected pleas to set up a new panel to probe allegations of fraud made against the Adani group by short seller Hindenburg Research.

International Business Times

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Dynamite News

Supreme Court declines to order SIT or CBI probe in Adani-Hindenburg row

In a relief to the Adani group of companies, the Supreme Court on Wednesday declined to transfer the probe from Securities and Exchange Board of India (SEBI) to a Special Investigation Team (SIT) or CBI into the Adani-Hindenburg issue over allegations of stock price manipulation by the Indian corporate giant.…

The Hindu

Supreme Court upholds SEBI probe, turns focus on ‘conduct’ of Hindenburg

Hindenburg Adani case: Supreme Court directs SEBI to probe if Hindenburg report on short-selling caused harm to investors; dismisses NGO's findings against Adani Group.

Newslaundry

2023 could have been the year that wrecked Adani. Did it?

There was one question on everyone’s mind the first month of this year: Will the Adani Group be able to weather the Hindenburg storm?

Newslaundry

Adani’s Dharavi redevelopment: Massive protests, dismal media coverage?

Over the past two decades, several governments in Maharashtra have spoken of giving a facelift to Mumbai’s infamous slum of Dharavi – ostensibly the most thickly-populated area in India. Months after the BJP-Shiv Sena faction assumed power in June last year, the task was assigned to Gautam Adani’s Adani Group…

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The Hindu

Dharavi revamp in turmoil | Explained

Opposition parties in Maharashtra march to billionaire Gautam Adani's office to protest ₹23,000 crore Dharavi Redevelopment Project, raising suspicion of government favouring Adani.

The Hindu

Congress, Sena (UBT) protest against Dharavi redevelopment project

Oppn. parties in Maharashtra criticise govt. for allegedly favouring Adani Group in Dharavi redevelopment project, neglecting welfare of slum's residents.

The Hindu

Despite increasing passenger patronage, two airports in Kerala continue to make loss

Kerala's four airports show mixed results: Calicut and Cochin returned to growth post-COVID, Kannur has been making losses since 2018 due to high capital investment and lack of 'point of call' status. Thiruvananthapuram, taken over by Adani Group in 2021, made a record profit pre-pandemic, but has since incurred a…

The Hindu

Adani port operations to be carbon-neutral by 2025: Gautam Adani

Adani Group pledges carbon-neutral port ops by 2025, world's largest green energy park in Gujarat. Group Chairman Gautam Adani announces plans to set up world's largest green energy park in Rann of Kutch desert, generate 30 GW to power 20M homes. Group also pledges 5,000 hectares of mangrove plantations by…

The Hindu

Uddhav to lead march against Adani group

Shiv Sena leader Uddhav Thackeray announced plans to lead a march to the Adani Group office in Mumbai on Dec 16 to protect the interests of Dharavi residents.

The Hindu

Congress leaders telling voters they ‘will defect to BRS after winning’, says KCR

KCR accuses Congress of seeking votes by claiming they'll join BRS after election. PM Modi accused of ignoring SCCL & importing coal from Adani Group in Australia. KCR lists welfare measures implemented by BRS: Rythu Bandhu, old age pensions, free power. Alleges Congress leaders want to dump Dharani if they…

The Hindu

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.

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