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The Latest Breaking News from Gautam Adani

Adani stock manipulation exposed: Offshore trail points to two investors with links to Adani family

After the Hindenburg report accused the Adani Group of stock manipulation earlier this year, the conglomerate’s stocks had seen a sharp dip, and the Supreme Court had ordered a probe amid protests by opposition parties.

Newslaundry

Adani group posts record quarterly profit in boost to liquidity

MUMBAI: Adani group posted record profit in the quarter ended June on the back of its infrastructure and renewable energy businesses, bolstering the finances of Gautam Adani’s business empire as it seeks to shore up investor confidence and resume fundraising months after a damaging attack from a shortseller.

The Times of India

Narendra Modi's Independence Day speech sounded more like a snake oil salesman than a statesman

Narendra Modi’s tenth consecutive Independence Day speech as Indian prime minister, delivered from the Red Fort in Delhi on August 15, was long (90 minutes) and characteristically loaded with bombast. It was not the inclusive message of a statesman seeking to address a nation’s challenges and opportunities, but more of…

The Conversation

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Ravish Kumar writes: Big money is no guarantee of a healthy, accountable and free media

“Trust in Modi was not born out of newspaper headlines or through shining faces on TV. I have given my life, every moment, for the people of this country.”

Newslaundry

Gautam Adani: Hindenburg report combination of targeted misinformation, discredited allegations

NEW DELHI: Billionaire Gautam Adani on Tuesday reiterated that the Hindenburg report was a combination of misinformation and discredited allegations.

The Times of India

Hindenburg report combination of targeted misinformation, discredited allegations: Adani

Billionaire Gautam Adani has reiterated that the Hindenburg report was a combination of misinformation and discredited allegations, and an attempt at damaging the company's reputation and generating profits through a short-term drive-down of our stock prices

The Hindu

Adani’s NDTV: New channels, Modi documentaries, a leadership void, and big plans for this year

On the sidelines of the World Economic Forum in Davos, something very unusual happened.

Newslaundry

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Adani group draws regulatory scrutiny in the US after Hindenburg Research report

NEW YORK: US authorities are looking into what representations Adani group made to its American investors following a scathing short seller’s report that accused the company of using offshore companies to secretly manipulate its share prices.

The Times of India

What Indians should be saying to the U.S. on June 21

America’s leaders must start talking seriously about what freedom and openness now mean in India

The Hindu

Adani Group to educate children who lost parents in Odisha train tragedy

Adani Group will take the responsibility of the school education of the wards of those deceased in the tragic Odisha train accident. Read further on Dynamite News:

Dynamite News

Congress will have no objection even if Adani goes to live in Pawar’s home, says MPCC chief Patole

Seat sharing talks in the MVA will be smooth since the primary aim was to defeat the BJP, said Maharashtra Congress chief Nana Patole on June 1, 2023

The Hindu

Modi inaugurates grand new Indian parliament

NEW DELHI - Flanked by priests, Hindu nationalist Prime Minister Narendra Modi inaugurated a new Indian parliament on Sunday in a ceremony steeped in religious symbolism but boycotted by opposition parties.

Bangkok Post

GQG’s Rajiv Jain raises stake in Gautam Adani group by about 10% for $3.5 billion bet

MUMBAI: Veteran investor Rajiv Jain’s GQG Partners LLC has raised its stake in billionaire Gautam Adani’s conglomerate by about 10% and will take part in the conglomerate’s future fund raising, doubling down on what he calls “the best infrastructure assets available in India.”

The Times of India

Joint Parliamentary Committee needed to probe allegations against Adani group: Congress

Congress alleges that the Supreme Court-appointed expert committee and the SEBI have “hit walls” while investigating the Adani group’s transactions and stressed the need for a JPC probe

The Hindu

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The Hindu

SEBI proposes curbs on derivative-linked share moves

The Securities and Exchange Board of India (SEBI), India’s market regulator, proposes measures to contain extreme price movements in shares on which futures and options trade, including longer trading suspensions and restricting price movements.

The Hindu

Six entities under lens for suspicious trading in Adani shares: Supreme Court panel

Hindenburg’s report claimed that the Adani empire was the “biggest con in corporate history” engaged in a “brazen stock manipulation and accounting fraud scheme”

The Guardian - AU

Narendra Modi in Australia: a polarising leader meets a divided Indian diaspora

More than 20,000 supporters are expected at a public rally for the Indian PM in Sydney this week. But critics will be just as strident

The Times of India

Gautam Adani stocks lose $10 billion in value as MSCI exclusion weighs

MUMBAI: Gautam Adani-led Adani Group is heading for its worst week since late February as the deletion of two of its entities from the indexes of MSCI and concerns over potential dilution from a fundraising plan have wiped out $10.1 billion in market value.

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Newslaundry

NDTV plans to launch 9 news channels, set to seek I&B nod

Gautam Adani-owned NDTV is planning to launch nine news channels in different Indian languages, suggests the company’s disclosure before the National Stock Exchange of India.

The Times of India

Submit report on Adani-Hindenburg probe by August 14, Supreme Court tells Sebi

NEW DELHI: The Supreme Court on Wednesday granted the Securities and Exchange Board of India (Sebi) an additional three months, until August 14, to complete its probe into possible lapses in regulatory disclosures by the Adani Group.

The Times of India

Gautam Adani stocks decline as fundraising plans spur dilution concerns

MUMBAI: Shares of Indian billionaire Gautam Adani’s group declined on Monday after boards of two firms approved proposals to raise as much as $2.6 billion, with market watchers flagging concerns about potential equity dilution.

The Times of India

Adani Enterprises to weigh stock sale months after Hindenburg turmoil

MUMBAI: Less than four months after allegations of fraud by a short seller tipped his business empire into crisis, billionaire Gautam Adani is considering tapping equity markets in a major test of investor confidence.

The Times of India

Adani group aims to raise about $800 million for financing green energy projects

MUMBAI: Adani group is aiming to raise about $800 million for new green energy projects, people familiar with the matter said, in what could be the conglomerate’s biggest borrowing since it was slammed by a short seller in January.

The Hindu

Rahul addresses Yuva Samvada in Gadag

Congress disqualified MP Rahul Gandhi has said that a reading of history will reveal that the RSS has always had an anti-constitutional stand and it stood with the British and the kings and not with common people.

The Hindu

In Gadag and Hanagal, Rahul raises issue of unemployment

Participating in an interaction with youths drawn from varied backgrounds in Gadag on Monday and later addressing a public rally in Hanagal town of Haveri district, Congress leader Rahul Gandhi raised certain pertinent questions concerning the youths including the burning question of unemployment and sought to know from Prime Minister…

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