Adani Group: News
27 Jun 2023
Gautam AdaniHow the Hindenburg report affected Adani Group's FY23 balance sheet
Gautam Adani has come out swinging against Hindenburg Research. In a letter to shareholders, the billionaire called the US-based short-seller's report "targeted misinformation."
27 Jun 2023
Gautam AdaniHindenburg report was 'targeted misformation' to earn profit: Adani
In a scathing attack on Hindenburg Research, Adani Group Chairman Gautam Adani said the report, which accused the conglomerate of stock manipulation and financial irregularities, was a combination of "targeted misinformation and discredited allegations" aimed at harming the conglomerate's reputation.
26 Jun 2023
Narendra ModiEx-diplomat deletes tweet claiming Soros owns WSJ over Modi's criticism
India's former secretary general Kanwal Sibal was trolled on social media for claiming that billionaire investor George Soros owns The Wall Street Journal (WSJ) after the American daily published a piece critical of Prime Minister Narendra Modi.
23 Jun 2023
United States of AmericaAdani Group faces regulatory scrutiny in US; stocks plunge
Adani Group seems to have landed in troubled waters again.
19 Jun 2023
Indian Railway Catering and Tourism CorporationAdani's Trainman acquisition not a threat to IRCTC: Here's why
Adani Digital Labs, a wholly owned subsidiary of Adani Enterprises, has entered the train ticket booking game.
13 Jun 2023
Stock MarketSensex gains nearly 420 points, Nifty settles above 18,700 mark
On Tuesday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.66% to settle at 63,143.16 points, the Nifty jumped 0.61% to 18,716.15 points.
10 Jun 2023
Navi MumbaiWhy new international airport in Navi Mumbai is special
The under-construction international airport in Navi Mumbai is reportedly set to start its operations by December 2024.
19 May 2023
Securities and Exchange Board of IndiaFindings of Supreme Court-appointed panel on Adani-Hindenburg issue, explained
Adani Group has been under regulatory and judicial scrutiny after the US-based short-seller Hindenburg Research accused the conglomerate of accounting fraud and stock manipulation.
19 May 2023
Stock MarketSensex gains nearly 300 points, Nifty settles above 18,200 mark
On Friday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.48% to 61,729.68 points while the Nifty climbed 0.4% to 18,203.4 points.
19 May 2023
Supreme Court Of IndiaSupreme Court panel gives clean chit to Adani Group
The Supreme Court-appointed panel investigating Hindenburg Research's allegations against Adani Group stated on Friday that no pricing manipulation by the conglomerate has been found at this point.
15 May 2023
Securities and Exchange Board of IndiaNot probing any Adani company since 2016: SEBI tells SC
The Securities and Exchange Board of India (SEBI) told the Supreme Court on Monday that claims about it investigating the Adani Group since 2016 were "baseless," adding that no listed company of the Adani Group is among the 51 Indian companies being probed.
12 May 2023
Stock MarketSensex gains 123 points, Nifty closes above 18,300 mark
The stock market on Friday ended flat but in the green as the Sensex settled at 62,027.9 points and the Nifty stood at 18,314.8 points.
28 Apr 2023
Gautam AdaniAdani Group has more lenders than before: Who are they
It wasn't that long ago when US-based short-seller Hindenburg Research raised questions about Gautam Adani-led Adani Group's sky-high debt.
21 Apr 2023
Stock MarketSensex closes flat, Nifty retains the 17,600 mark
On Friday, major indices of the stock market ended flat with the Sensex settling at 59,655.06 points and the Nifty closing at 17,624.05 points.
20 Apr 2023
Gautam AdaniAdani meets Sharad Pawar amid opposition's demand for JPC probe
Gautam Adani, chairman of the Adani Group, met Nationalist Congress Party (NCP) chief Sharad Pawar at the veteran leader's residence on Thursday morning, reported PTI.
18 Apr 2023
ChhattisgarhGovernment allowed Adani's mine expansion despite existing mines' unextracted deposits
Fresh details have emerged in the Adani-Hasdeo Arand coal mining row, revealing that Prime Minister Narendra Modi-led government cleared the expansion of a coal mine run by the Adani Group despite government-funded studies establishing the presence of unextracted coal in existing mines.
10 Apr 2023
Reliance RetailReliance, Adani competing to acquire Future Retail: Journey so far
Kishore Biyani-led Future Retail Ltd. is caught in a mountain of debt. The once-successful retailer has now released a provisional list of applicants who are interested in acquiring the debt-ridden flagship company of Future Group.
08 Apr 2023
Sharad PawarAdani-Hindenburg controversy: BJP reacts to Pawar dismissing opposition's JPC demands
Bharatiya Janata Party (BJP) IT cell chief Amit Malviya on Friday reacted to Nationalist Congress Party (NCP) supremo Sharad Pawar's dismissal of the opposition's demands for a Joint Parliamentary Committee (JPC) to probe the Adani Group-Hindenburg controversy.
07 Apr 2023
State Bank of India (SBI)SBI's m-cap fell the most in Asia-Pacific in Q1 2023
For the State Bank of India (SBI), the first three months of 2023 were tumultuous at best. According to data compiled by S&P Global Market Intelligence, India's largest lender by assets saw a steep fall in market capitalization.
03 Apr 2023
Gautam AdaniSEBI is probing Adani Group's offshore deals: Know why
Things are not getting any easier for Adani Group. The embattled conglomerate has been on an uphill task since the damning report by Hindenburg Research.
30 Mar 2023
NoidaNoida: Fire breaks out at Adani Group's upcoming data center
A minor fire broke out at an under-construction building of the Adani Group in Noida Sector 62 at 11.20 pm on Tuesday, reported PTI.
29 Mar 2023
Adani PortsAdani Group's debt crisis: How real it is
Adani Group companies are back in a pickle. The excitement surrounding GQG Partners' $1.9 billion fund infusion into the conglomerate seems to have died down.
27 Mar 2023
Employees Provident Fund Organization (EPFO)EPFO continues investment in 2 Adani companies despite depleted value
India's largest retirement fund, the Employees' Provident Fund Organization (EPFO), has continued its investment in Adani Enterprises and Adani Ports and Special Economic Zone Limited despite the conglomerate's recent market rout, reports said.
27 Mar 2023
Gautam AdaniCentre hasn't intervened in Adani crisis: PM Modi's economic adviser
Prime Minister Narendra Modi-led central government has reportedly not intervened in the Adani Group's scuffle with United States (US)-based short-seller Hindenburg Research, which triggered a massive downfall in the company's shares.
24 Mar 2023
Jack DorseyHow Jack Dorsey lost over $500mn after latest Hindenburg report
Hindenburg Research, whose report battered the shares of Indian conglomerate Adani Group, has found a new target: Jack Dorsey's Block.
23 Mar 2023
United States of AmericaAnother big one: Adani slayer Hindenburg Research teases new report
United States (US)-based short-seller Hindenburg Research tweeted on Thursday that it will release a new report soon, calling it "another big one."
20 Mar 2023
ParliamentRajya Sabha adjourned again amid ruckus over Gandhi's London remarks
The ongoing clash between the Bharatiya Janata Party (BJP) and the opposition MPs continued for the sixth day on Monday, resulting in the 10th adjournment of the Rajya Sabha since the second leg of the Parliament Budget Session started.
20 Mar 2023
Adani PortsHow is Adani Group fighting the Hindenburg narrative
Adani Group, the once high-flying conglomerate, has been fighting a damning report by Hindenburg Research over the past few months.
18 Mar 2023
Amit Shah'Trust the judicial process': Amit Shah's advice on Adani-Hindenburg row
Union Home Minister Amit Shah has broken his silence on the opposition's demand to form a joint parliamentary committee to investigate the Adani Group-Hindenburg Research row.
14 Mar 2023
RajasthanBJP corners Congress on its 'How did Pulwama happen' remark
Rajasthan Congress chief Sukhjinder Singh Randhawa's divisive statement demanding an investigation into the 2019 Pulwama terror attack has raised a storm in the ruling Bharatiya Janata Party (BJP).
13 Mar 2023
Mallikarjun KhargeOpposition parties meet to strategize before Budget Session resumes today
Ahead of the second leg of the Parliament's Budget Session, as many as 16 opposition parties reportedly met at Congress chief and Leader of the Opposition in Rajya Sabha Mallikarjun Kharge's office at around 10:00 am on Monday to chalk out their floor strategy.
10 Mar 2023
TelanganaBJP responds to KTR's 'Adani is proxy of PM' claims
Soon after Bharat Rashtra Samithi (BRS) leader KT Rama Rao (KTR) attacked the Bharatiya Janata Party (BJP) leader and Prime Minister Narendra Modi over the Adani Group controversy at a press briefing, the BJP's Natcharaju Venkata Subhash called the BRS leader "restless" on Thursday.
09 Mar 2023
National Stock ExchangeWhy has NSE put three Adani Stocks under surveillance
Adani Group stocks have been on a recovery path after the fiasco that followed the Hindenburg Research report. Things were looking up for the conglomerate.
04 Mar 2023
Harish SalveProbe Hindenburg Research and those who made fortunes: Harish Salve
Former Solicitor General of India (SGI) and senior Lawyer Harish Salve said on Friday that the primary goal of United States based short-seller Hindenburg Research's report on Adani Group was to make a profit on the misfortune of middle-class investors.
02 Mar 2023
Gautam Adani'Truth will prevail': Adani welcomes SC order on Hindenburg case
Billionaire Gautam Adani welcomed the Supreme Court's order on the Adani Group-Hindenburg Research case on Thursday.
02 Mar 2023
Supreme Court Of IndiaSC constitutes expert panel, directs SEBI to probe Adani Group
In a massive blow to the Adani Group, the Supreme Court has directed the Securities and Exchange Board of India (SEBI) to investigate the allegations leveled against the conglomerated by Hindenburg Research.
01 Mar 2023
Adani PortsAre Adani Group stocks on the road to recovery
In January this year, a damning report by Hindenburg Research sent high-riding Adani Group stocks to the trenches. After dwelling at the bottom for over a month, the conglomerate's listed companies are finally showing signs of revival.
27 Feb 2023
Hemant SorenDon't deposit money, bankers will steal it: Jharkhand CM Soren
Jharkhand CM Hemant Soren has ruffled some feathers yet again with his latest controversial remarks.
24 Feb 2023
Gautam AdaniAdani Group to conduct roadshow in Asia to appease investors
Investor confidence in Adani Group stocks and bonds is at an all-time low following a damning report by Hindenburg Research.
23 Feb 2023
Gautam AdaniGautam Adani is no longer among the world's 25 richest
Gautam Adani was once the second richest man alive on the planet. Now, he is not among the 25 richest billionaires in the world.
22 Feb 2023
Income Tax ReturnSuffered loss in Adani stocks? Get relief during ITR filing
Gautam Adani-owned Adani Group went into a meltdown after Hindenburg Research's damning report in January.
21 Feb 2023
Pawan KheraCongress's Pawan Khera mocks PM Modi's father, invites BJP's ire
After Congress spokesperson Pawan Khera allegedly mocked Prime Minister Narendra Modi's name and his father while criticizing the Centre over the Adani Group controversy, Bharatiya Janata Party (BJP) leaders reacted sharply, deciding to stage a protest on Tuesday.
18 Feb 2023
S JaishankarEAM Jaishankar attacks George Soros for remarks against PM Modi
Days after George Soros claimed the ongoing Adani Group controversy would significantly weaken PM Narendra Modi's "stranglehold on India's federal government," External Affairs Minister (EAM) S Jaishankar tore into the billionaire investor on Saturday.
17 Feb 2023
Supreme Court Of IndiaAdani case: Supreme Court rejects Centre's sealed cover for panel
The Supreme Court (SC) rejected the Centre's sealed envelope suggestions on an expert panel on Friday, noting that it would form its own committee to oversee investor protection issues in the aftermath of the Hindenburg Research report, reported CNBC.
14 Feb 2023
Amit ShahNothing to hide in Adani-Hindenburg case: Amit Shah breaks silence
Union Home Minister Amit Shah responded for the first time on Tuesday to the Congress's allegations that the Bharatiya Janata Party (BJP)-led Central government favored the Adani Group.
14 Feb 2023
Securities and Exchange Board of IndiaSEBI probing Hindenburg allegations on Adani Group: Centre tells SC
Market regulator Securities Exchange Board of India (SEBI) is looking into Hindenburg Research's fraud and stock manipulation allegations against Adani Group, Solicitor General Tushar Mehta informed the Supreme Court on Monday.
13 Feb 2023
Jagdeep DhankarRajya Sabha adjourned amid ruckus over Adani-Hindenburg row by Opposition
Rajya Sabha Chairman Jagdeep Dhankhar on Monday adjourned the House till March 13 amid ruckus and sloganeering by the Opposition over the Adani-Hindenburg row.
10 Feb 2023
Cricket NewsWPL: Lucknow franchise named UP Warriorz; Jon Lewis appointed coach
The Lucknow franchise of the Women's Premier League (WPL) has been named UP Warriorz.
10 Feb 2023
Supreme Court Of IndiaAdani Group stocks back in the red after MSCI review
Adani Group's dream of building a winning streak in the market fell short on the third day. After rallying for two trading sessions, all listed companies of the group except for Adani Wilmar ended in the red on Thursday.
09 Feb 2023
Supreme Court Of IndiaAdani-Hindenburg row: Pleas in SC on 'conspiracy to defame India'
The Supreme Court on Friday will hear two pleas seeking the constitution of a panel headed by a retired SC judge to probe the "conspiracy" by short-seller Hindenburg Research against Adani Group.
09 Feb 2023
Stock MarketSensex gains 142 points, Nifty settles just under 17,900 mark
The stock market closed on a flat note but in green on Thursday with the Sensex settling at 60,806.22 points and Nifty ending at 17,893.45 points.
09 Feb 2023
Reserve Bank Of India (RBI)Domestic lenders are safe from Adani Group's fall: RBI, Moody's
Adani Group has been under the microscope ever since Hindenburg Research published a report accusing the conglomerate of stock manipulation and accounting fraud. The report also pointed out the group's sky-high debts.
08 Feb 2023
Narendra Modi"Ecosystem was jubilant": PM Modi takes dig at RaGa's speech
Prime Minister Narendra Modi on Wednesday replied to the Motion of Thanks on the President's address and the allegations leveled against him by the Opposition in the Lok Sabha.
08 Feb 2023
Congress PartyAdani-Hindenburg row: BJP MP seeks moving privilege motion against Gandhi
Bharatiya Janata Party (BJP) leader and MP Nishikant Dubey on Wednesday wrote to Lok Sabha Speaker Om Birla to move a breach of privilege motion notice against Congress's Rahul Gandhi.
07 Feb 2023
Rahul GandhiWhat's Adani's relation with PM Modi: Rahul Gandhi in Parliament
Underlining billionaire Gautam Adani's meteoric rise over the last eight years under Prime Minister Narendra Modi's rule, Congress MP Rahul Gandhi, in his address in Lok Sabha, questioned the relationship between the two.
06 Feb 2023
ParliamentAdani-Hindenburg row: Opposition stalls Parliament proceedings, seeks PM Modi's response
The fraud allegations made by Hindenburg Research against Adani Group have sparked a political row in the country, with the Opposition disrupting the Parliament for the third day on Monday.
06 Feb 2023
Congress PartyAdani-Hindenburg row: Congress launches nationwide protest, calls for probe
The Congress on Monday took to the streets nationwide, calling for an impartial investigation into the fraud allegations against Adani Group, which it claimed endangers public savings.
06 Feb 2023
Gautam AdaniAdani Group to prepay loans and reduce capex
Adani Group is in damage control mode after a damning report by Hindenburg Research led to its listed companies losing over half their value.
04 Feb 2023
Nirmala SitharamanRegulators monitoring Adani-Hindenburg crisis, FPO pullout hardly impacted economy: Sitharaman
Union Finance Minister Nirmala Sitharaman on Saturday said that market regulators are independently monitoring the crisis around Adani Group, which is facing allegations of stock manipulation and accounting fraud.
03 Feb 2023
Mallikarjun KhargeAdani-Hindenburg row: Kharge huddles with Opposition leaders to corner government
As many as 16 Opposition parties met at the office of Parliament's Leader of Opposition (LoP) Mallikarjun Kharge after he called an urgent meeting on Friday to jointly strategize for demanding accountability from the government on the risk to Indian investors.
03 Feb 2023
Gautam AdaniAdani Group's meltdown: Lenders, stock exchanges put conglomerate on notice
Gautam Adani's business empire is in the midst of a meltdown, the scale of which no one could have predicted.
02 Feb 2023
Reserve Bank Of India (RBI)RBI is looking into Indian banks' exposure to Adani Group
As Adani Group companies nosedive in the stock market, the Reserve Bank of India (RBI) has stepped in to measure the exposure of Indian banks to the conglomerate.
02 Feb 2023
Stock MarketSensex gains 224 points, Nifty ends flat at 17,610 points
The stock market on Thursday ended on a sluggish note as the Sensex settled at 59,932.24 points and the Nifty stood at 17,610.4 points.