The Latest Breaking News from Gautam Adani

"India's PM can't make enquiry on Adani because...," Rahul Gandhi

Launching an attack on Prime Minister Narendra Modi-led government over allegations concerning the Adani group, Congress leader Rahul Gandhi on Saturday said that India's Prime Minister cannot make an enquiry on his group as "the loss will not be for Adani but to someone else." Read further on Dynamite News:

Dynamite News · Sep 2, 2023

The Adani story simplified: Stock manipulation, mystery investors and SEBI role

The Adani Group has been hit by another storm. 

Newslaundry · Sep 1, 2023

Rahul Gandhi demands Modi investigation into Adani Group

Indian opposition leader brandishes Guardian article on alleged financial violations by Adani family

The Guardian - UK · Aug 31, 2023

Adani group shares fall after OCCRP allegations on offshore owners

MUMBAI: Adani Group shares and bonds declined after potentially controversial owners of its stock were identified in a new investigation, dealing the Indian conglomerate a fresh blow after short-seller Hindenburg Research in January alleged the group engaged in corporate fraud and stock price manipulation.

The Times of India · Aug 31, 2023

Hindenburg 2.0: OCCRP alleges Mauritius-based opaque funds invested millions of dollars in Adani stock

Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the “mysterious” investors bought and sold Adani stock through such offshore structures.

The Hindu · Aug 31, 2023

Modi-linked Adani family secretly invested in own shares, documents suggest

Offshore records suggest associates of wealthy Indian family spent years acquiring stock during rise of founder to be worth $120bn

The Guardian - UK · Aug 30, 2023

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 · Aug 30, 2023

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 · Aug 23, 2023

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 · Aug 22, 2023

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 · Jul 25, 2023