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The Latest Breaking News from Adani

Citigroup wealth unit halts margin loans on Gautam Adani securities

Citigroup Inc’s wealth arm has stopped accepting securities of Gautam Adani’s group of firms as collateral for margin loans as banks ramp up scrutiny of the Indian tycoon’s finances following allegations of fraud by short seller Hindenburg Research.

The Times of India

Nidhi Razdan quits NDTV, 3 days after Sreenivasan Jain’s exit

Nidhi Razdan has resigned as the executive editor of NDTV, three days after her colleague Sreenivasan Jain announced that his three-decade journey with the channel had come to an end.

Newslaundry

At NDTV meet after Adani takeover, staff queries on editorial freedom, BJP leaders on shows

In a town hall meeting held days after the Adani takeover of NDTV, the network’s new leadership on Wednesday addressed questions by staff about the news organisation’s editorial freedom, salaries, expansion, and BJP spokespersons on shows.

Newslaundry

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In another bulk deal, one of NDTV’s biggest investors sells Rs 3.2 lakh of its shares

One of NDTV’s biggest investors, LTS Investment Fund limited, sold over 3.2 lakh of its shares in the company network in a bulk deal on Friday. The shares were sold for Rs 366.65 each.

Newslaundry

Who Owns Your Media: The saga of NDTV

The Adani group’s open offer for additional 26 percent shares of New Delhi Television Limited, or NDTV, that began tendering after over a month’s delay on November 22, 2022, finally came to a close yesterday. Managing to get 31.7 percent of the bid quantity, the group acquired 8.26 percent of…

Newslaundry

‘Don’t know what I’ll do at 9 pm now’: Ravish explains move to quit NDTV journey in heartfelt video

A day after resigning from NDTV, veteran journalist Ravish Kumar left a heartfelt video on his YouTube channel, explaining the reasons behind his decision to end his 26-year journey with the broadcaster.

Newslaundry

SEBI takes NDTV to Supreme Court after tribunal reduces penalty for Roys

The Securities and Exchange Board of India has filed civil appeals before the Supreme Court against NDTV, its founder-promoters Prannoy Roy and Radhika Roy, and promoter-group vehicle RRPR.

Newslaundry

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NDTV moves Supreme Court over SAT order ‘in its favour’

NDTV co-founders Radhika and Prannoy Roy have moved the Supreme Court for civil appeals against an order issued in July by the Securities Appellate Tribunal, or SAT.

Newslaundry

Kerala, Centre turn a blind eye to fishermen to favour Adani, says Prashant Bhushan

‘Coastal damage easily visible’

The Hindu

Government rejects fisher's demand to halt Vizhinjam port construction

Latin Catholic Archdiocese to intensify agitation against the government

The Hindu

No decision yet on joining BJP or AAP: Hardik Patel

A day after resigning from the party, Patel claimed the Congress had no vision and that its leaders were biased against Gujarati people like “Adani and Ambani”

The Hindu

Morning Digest | PM Modi to launch work on Buddhist centre in Nepal’s Lumbini today; Centre asks States to procure wheat till May 31, and more

A select list of stories to read before you start your day

The Hindu

This Indian Billionaire Outperformed Elon Musk Last Year In Wealth Growth — Now, His Companies Are Also Fetching Multibagger Returns For Investors In 2022

The combined market cap of Indian industrialist Gautam Adani's conglomerate has swollen past $200 billion as multiple subsidiaries' stocks turn multibaggers in 2022.

Benzinga

We should worship job creators like Adani, Ambani, says BJP MP

Opposition hits out at govt. in Rajya Sabha over the Budget leaving out the poor

The Hindu

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