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The Latest Breaking News from the Adani Group

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

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

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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

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

After Adani verdict, media revives Soros spectre, tries to attribute it to SC

On a day the Supreme Court granted relief to the Adani Group over petitions seeking an SIT probe into the Hindenburg report’s allegations, sections of the media seemed to revive the spectre of George Soros even when the billionaire hedge fund investor had found no mention in the 46-page verdict.

Newslaundry

Adani Group keen on investing in Telangana

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

The Hindu

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Adani-Hindenburg row | ‘Investigative’ news pieces and reports by independent groups cannot be treated as conclusive proof: Supreme Court

Supreme Court rules investigative pieces by newspapers and reports by independent groups cannot be used as conclusive proof of inadequate investigation by SEBI.

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

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.…

Dynamite News

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.

The Hindu

‘Investigative reports can’t be taken as credible evidence of SEBI lapse’: SC relief for Adani

The Supreme Court has rejected petitions seeking a court-monitored SIT probe into the allegations part of the Hindenburg Research report about stock price manipulation by the Adani Group.

Newslaundry

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The Hindu

Raju Shetti meets Uddhav Thackeray, but talk of political alliance with MVA

Swabhimani Shetkari Sanghatana (SSS) chief and farmer leader Raju Shetti on Tuesday met Shiv Sena (UBT) chief Uddhav Thackeray at the latter’s residence in Mumbai.

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…

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.

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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.

Newslaundry

Lok Sabha expels Mahua Moitra as opposition calls it ‘fixed match’

Amid tumultuous scenes, the Lok Sabha on Friday expelled Trinamool Congress MP Mahua Moitra over cash-for-query allegations. The decision, facilitated by a voice vote, was taken amid protests and chaos in the House.

The Hindu

Mahua Moitra expelled from Lok Sabha, Opposition MPs walk out

Mahua Moitra Expulsion from LS: Mahua Moitra was expelled from the Lok Sabha on December 8, 2023 over the “cash-for-query” allegation through a voice vote amid chaos.

The Independent UK

In the salt deserts bordering Pakistan, India builds its largest renewable energy project

Shifting to renewable energy is a key issue at the ongoing COP28 climate summit

The Hindu

Andhra Pradesh| CPI writes to Governor Nazeer seeking intervention on beach sand mining contracts in State

CPI urges Governor to stop beach sand mining in AP, citing threat to national security. Adani Group to get 92% of project contract, violating Union govt. restrictions. Mining of 6 minerals, incl. thorium, could lead to atomic power/bombs. Govts. disregarding laws, risking environment & tourism.

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.

Newslaundry

‘Should SEBI now follow journalists?’ SC reserves verdict in Adani-Hindenburg case

The Supreme Court today reserved its verdict in a batch of petitions seeking a court-monitoring inquiry into fraud allegations made by Hindenburg Research against the Adani Group, Bar and Bench reported.

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