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The Latest Breaking News from Gautam Adani

Mahua Moitra questions media leak of Hiranandani statement

TMC MP Mahua Moitra faces allegations of “cash-for-query” scam. Alleging BJP's primary agenda is to expel her to stop her from questioning Adani, she questions media leak of Darshan Hiranandani’s affidavit before Ethics panel

The Hindu

Adani group closes in on $3.5 billion loan

Billionaire Gautam Adani-controlled Adani group is closing in on a $3.5 billion loan to refinance existing debt that was taken out to fund the purchase of Ambuja Cements Ltd, in what would be the latest sign of confidence among creditors in the conglomerate.

The Times of India

VBA only alternative to combat BJP, says Prakash Ambedkar

VBA chief Prakash Ambedkar posits party as vibrant Opposition to BJP, criticizes Congress and NCP for their alliance with Gautam Adani.

The Hindu

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How Indian authorities ‘weaponised’ a New York Times report to target the press

NewsClick, a defiantly critical news site, has been in the Indian government’s sights over the past few years. But there was little to show after extensive financial probes – until the New York Times published a report which enabled Prime Minister Narendra Modi’s administration to use the press to attack…

France 24

Madhya Pradesh: Congress leader Rahul Gandhi charges PM Modi with implementing RSS agenda of hate

Addressing a rally in Shajapur of election-bound Madhya Pradesh, Rahul said, “This is an epic clash of ideologies." Read further on Dynamite News:

Dynamite News

Lokesh can be arrested in Delhi as well, says YSRCP leader Sajjala

YSRCP claims TDP's Nara Lokesh may be arrested in Delhi. YSRCP's Sajjala Ramakrishna Reddy says alignment was changed to suit TDP's needs & misused power. TDP politicising CM's meeting with Adani Group Chairman. TDP using corruption cases to evoke sympathy & mislead public.

The Hindu

Adani Ports to buy back another $195 million of 2024 bond

MUMBAI: Adani Ports and Special Economic Zone Ltd will buy back as much as $195 million of its 2024 bond, as the Indian conglomerate backed by billionaire Gautam Adani seeks to move on from the allegations levied by a US shortseller.

The Times of India

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Rahul Gandhi bats for national OBC census in Chhattisgarh public meeting

Congress leader Rahul Gandhi said his party would conduct a “caste census” if elected to power as only such an exercise would ensure “participation of OBCs, Dalits, tribals and women”

The Hindu

INDIA bloc leader and NCP chief Sharad Pawar visits Adani office, residence in Ahmedabad

In April, Mr Adani had visited Mr Pawar’s residence Silver Oak in south Mumbai.

The Hindu

'Total in talks to invest in Adani Green’s projects'

TotalEnergies SE is in talks to invest in renewable energy projects developed by Adani Green Energy Ltd, people familiar with the matter said, potentially marking the first public deal between the French oil giant and Gautam Adani since a short-seller leveled fraud allegations against the Indian billionaire’s business empire.

The Times of India

Affidavit in SC points to SEBI ‘conflict of interest’ in Adani probe, ex-chairman in NDTV

A new affidavit in the Supreme Court has accused market regulator SEBI of conflict of interest in its probe against the Adani Group. The affidavit has also named UK Sinha, who served as chairman at the regulatory body between 2011 and 2017, and was appointed as non-executive chairperson of NDTV…

Newslaundry

Modi’s plan to change India’s name to Bharat ‘absurd’: Rahul Gandhi

Gandhi’s comments came while touring Europe, meeting with politicians and members of the Indian diaspora.

Al Jazeera

Congress targets Govt over Adani issue, says: It is 'One Man, One Government, One Business Group'

The Congress has been questioning the financial dealings of billionaire Gautam Adani's group after US research firm Hindenburg alleged "irregularities". Read further on Dynamite News: Read further on Dynamite News:

Dynamite News

PM Modi only believes in ‘one man, one government, one business group’: Congress

The Congress attacked the government over the Adani issue, saying the G20 theme is ‘One Earth, One Family, One Future’ but Prime Minister Narendra Modi seems to actually believe in “One man, one government, one business group”.

The Hindu

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The Hindu

PM Modi can’t order an inquiry against Adani, Rahul Gandhi alleges in Chhattisgarh

Rahul Gandhi claims Prime Minister Modi cannot order inquiry against Adani Group as it will not put them in trouble. He addressed youth of Chhattisgarh, claiming Congress-run States are ruled by “governments of poor people”, not “governments of Adani”. He said Congress believes in “mohabbat ki dukaan”. Congress-run States are…

Dynamite News

"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:

Newslaundry

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

The Adani Group has been hit by another storm.

The Guardian - UK

Rahul Gandhi demands Modi investigation into Adani Group

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

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Dynamite News

“Why PM is not forcing investigation, why is he quiet,”: Rahul Gandhi seeks JPC probe into allegations against Adani group

Targeting the BJP-led government over allegations concerning the Adani group, Congress leader Rahul Gandhi on Thursday accused the Prime Minister of “being quiet” and said the least that should be done is a Joint Parliamentary Committee probe. Read further on Dynamite News:

The Hindu

PM should come clean on fresh Adani allegations as India’s reputation is on the line: Rahul Gandhi

K.C. Venugopal alleges that “PM Modi’s best friend is running an international money laundering racket”.

The Independent UK

Report says close associates of India's Adani Group secretly purchased large numbers of shares

Two people closely linked to India’s Adani Group, one of the country’s largest conglomerates, secretly purchased of millions of dollars of stocks in the group’s companies, possibly violating Indian law, according to a report by a network of investigative journalists

Al Jazeera

What has India’s Adani Group now been accused of?

Reporters network says it has documents backing allegations that Adani used offshore tax havens to drive up share price.

The Times of India

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 Hindu

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 Guardian - UK

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

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