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The Latest Breaking News from Vinod Adani

Why the Adani Group is facing scrutiny over new allegations of secret investments

The Adani Group is making international headlines again.

Newslaundry

SC dismisses application in Hindenburg-Adani group matter

The Registrar had declined to accept his miscellaneous application saying that the application did not disclose any reasonable cause. Read further on Dynamite News:

Dynamite News

Why Is Indian Tycoon Gautam Adani Facing US Bribery Charges?

The business empire of Gautam Adani is again in turmoil after the billionaire Indian tycoon was charged in the United States with paying exorbitant bribes to secure lucrative government contracts.

International Business Times

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Adani Group Faces Market Turmoil Amid Allegations

Adani Group faces billion losses after Hindenburg Research's accusations of offshore fund links.

Top News

Hindenburg guns fresh queries for SEBI Chief after she rejects allegations

The US short seller also raised concerns about the financial statements of SEBI Chief's Singapore consulting entities during her tenure at SEBI. Read further on Dynamite News:

Dynamite News

SEBI Chief rejects Hindenburg allegations as 'character assassination'

'It is unfortunate that Hindenburg Research, against whom SEBI has taken an Enforcement action, has chosen to attempt character assassination...' Read further on Dynamite News:

Dynamite News

Decoding the Adani-Hindenburg judgment

Supreme Court order on Adani-Hindenburg matter limits inquiries to SEBI, ruling no regulatory failure; verdict raises questions on transparency & justice.

The Hindu

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‘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.

Newslaundry

‘A mystery’ how Adani group escapes despite pervading ‘stench of illegality’: Congress

The Congress on Monday claimed that recent media reports have “further illuminated” close links between the Adani group and a “shadowy network” of the group’s confidants who are allegedly involved in round-tripping, money laundering and brazen violations of Securities and Exchange Board of India (SEBI) laws.

The Hindu

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

The Adani Group has been hit by another storm.

Newslaundry

“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:

Dynamite News

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.

Al Jazeera

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

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

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Newslaundry

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.

The Hindu

Congress slams SEBI investigations into the Adani group

Congress questions SEBI's alleged plan to let off Adani with token fines. Jairam Ramesh alleges India's institutions are being rendered toothless to protect PM Modi's "close friends". He calls for a joint parliamentary committee probe to investigate Adani Mega Scam.

Reuters

India regulator probing some Adani offshore deals for possible rule violations-sources

India's market regulator is investigating possible violation of 'related party' transaction rules in the Adani Group's dealings with at least three offshore entities that have links to the brother of the conglomerate's founder, two people said.

Al Jazeera

The Adani cloud over India

The recent set of allegations have raised questions about the tycoon’s meteoric rise and the role of regulators.

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The Times of India

Hum Adani ke Hain Kaun: Congress targets PM Modi over Hindenburg report, minister hits back

NEW DELHI: Both the houses of Parliament were adjourned for the third consecutive day on Monday without transacting hardly any business over the situation having arisen out of the report published by American research organisation and short-seller Hindenburg about the shares of Adani Enterprises Ltd (AEL).

The Times of India

Hindenburg’s short sell call shaves $12 billion off Gautam Adani stocks

MUMBAI: Shares in Adani Group companies lost $12 billion in market value after US investor Hindenburg Research said it was shorting the conglomerate’s stocks and accused firms owned by Asia’s richest person of “brazen” market manipulation and accounting fraud.

The Times of India

Gautam Adani, world’s third-richest person, considering opening family office in Dubai or New York

MUMBAI: Asia’s richest person, Gautam Adani, is considering setting up a family office overseas to manage his ballooning wealth, according to people familiar with the discussions.

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