BENGALURU, MARCH 23: Bearing the brunt of the Hindenburg report, Gautam Adani lost Rs 3,000 crore every week over the last year and he also lost the second-richest Asian title to China’s Zhong Shanshan. Following the report, his wealth was down by over 60 per cent from his peak. According to the 2023 M3M Hurun […]Continue Reading
NEW DELHI,MAR 15 : A march by leaders of several Opposition parties to the Enforcement Directorate office was blocked by the Delhi Police soon after it started from Parliament on Wednesday. The leaders were demanding a probe into the Adani issue. The Delhi Police increased security measures outside the ED office and told the leaders […]Continue Reading
New Delhi,Feb.5 : The Congress on Sunday stepped up its attack on the Centre over allegations against the Adani group, alleging that the Modi government’s “loud silence” over the issue “smacks of collusion”. Adani group stocks have taken a beating on the bourses after US-based activist short-seller Hindenburg Research made a litany of Continue Reading
MUMBAI, FEB. 4: With the Adani group saga still unravelling, the regulators and the Centre on Friday came up with clarifications to calm investors’ frayed nerves. While the Reserve Bank of India sought to allay the concerns about lenders’ exposure to Adani Group saying the banking sector remains resilient and stable, Union finance minister Nirmala […]Continue Reading
New Delhi: NDTV has offered billionaire Gautam Adani’s group two seats on its board of directors for the pre-open offer 29.18 per cent shareholding the ports-to-energy conglomerate had acquired in the broadcaster, according to a stock exchange filing. The Adani group acquired a 29.18 per cent stake in NDTV by buying a company backed by […]Continue Reading
NEW DELHI, DEC 3: Shares of NDTV have jumped more than 16 per cent since the Adani group launched its takeover bid for the media group, a rally that also comes at a time when bullish sentiments are dominating the broader market. The diversified Adani group started off with a hostile takeover bid for NDTV […]Continue Reading