Adani

Why drag Ambani, Adani down?

18 May 2024

The leaders’ vision should be to promote industries, not ridicule industrialists. Before starting the discussion, let me narrate a historical anecdote. History is witness to the fact that the Bajaj and the Birla families have made remarkable contributions in the freedom struggle. Ramnath Goenka once asked Mahatma Gandhi, “Bapu, do...

Adani Group Injects Rs 8,339 Crore into Ambuja Cements, Raises Stake to 70.3%

17 Apr 2024

Adani Group has announced an infusion of an additional Rs 8,339 crore into Ambuja Cements Ltd (Ambuja), a prominent entity within the cement and building materials sector. Ambuja Cements stands as the flagship company under the diverse portfolio of the Adani group. This substantial capital injection underscores the Adani family's...

Supreme Court rules no regulatory failure by SEBI in Adani-Hindenburg row

03 Jan 2024

The Supreme Court has ruled that the Securities and Exchange Board of India (SEBI) did not exhibit any regulatory failure in the Adani-Hindenburg controversy. The judgment emphasizes that reliance on unverified press reports is insufficient and cannot serve as a foundation for regulatory lapses. The case, extensively covered by @DebayonRoy,...

SEBI probing Adani since 2016 is factually baseless, regulator tells SC

16 May 2023

The Securities and Exchange Board of India apprised the Supreme Court on Monday that the market regulator is already investigating Adani Group companies since 2016 is factually baseless. SEBI has filed a rejoinder affidavit in response to a petition relating to Hindenburg Research’s report on the Adani Group. SEBI had...

Stalemate continues in both Houses; Parliament adjourned

23 Mar 2023

Minutes after proceedings started, both Houses of Parliament were adjourned on Thursday till 2 pm as the war of words continued in Parliament over the issue of Rahul Gandhi’s statements in the UK and the Adani-Hindenburg matter. Budget Session got underway on 13 March and today is the eighth day...

Sanjay Singh: Give me CBI, will arrest Modi, Adani within 2 hours

27 Feb 2023

After releasing from detention, AAP MLA, Sanjay Singh along with hsi fellow party leaders on Monday, stated that the BJP is trying to taint the images of Delhi CM, Arvind Kejriwal. Furthermore he claimed that he would have PM Modi, Union Minister Amit Shah and billionaire Gautam Adani "arrested within...

SC tags Congress leader’s plea relating to Hindenburg report with another petition

15 Feb 2023

The Supreme Court on Wednesday tagged Congress leader Jaya Thakur's plea seeking an investigation against Adani Group and its associates in the light of disclosure made by Hindenburg Research report with two other petitions related to it and listed it for hearing on February 17.Earlier two other petitions were filed...

Budget session: All opposition parties, except AAP, turn up in parliamentary debates today

07 Feb 2023

All opposition parties, with the exception of the Aam Aadmi Party (AAP), have chosen to take part in the parliamentary debates on Tuesday despite the gridlock around the Adani-Hindenburg issue, said sources. Leaders from opposition parties met in Mallikarjun Kharge's office on Tuesday to "decide the day's strategy" regarding their...

Hindenburg-Adani row: Congress launches nationwide protests

06 Feb 2023

The Congress launched a countrywide campaign over the Hindenburg-Adani row by staging protests in different parts of the country on Monday. A protest was staged over the Adani issue by congress members in Telangana outside the State Bank of India office in Hyderabad. A protest was also held in Jammu...

Parliament adjourned till 2 pm amid Opposition protest over Adani row

06 Feb 2023

Both houses of the Parliament were on Monday adjourned till 2 pm amid heavy sloganeering by Opposition MPs demanding a Joint Parliamentary Committee (JPC) probe into the Adani issue. Earlier in the day, Opposition MPs gathered at the Gandhi statue at the Parliament premises, to stage a protest. The opposition...

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