MD of Adani Ports Karan Adani said Rajasthan was also critical for the group’s ambition to become a cement giant; it will set up 4 plants to build additional capacity.
SEBI had sent notices to four Adani Group companies, alleging they had wrongfully categorised the shareholding of certain entities and seeking to recover about Rs 25 billion from them.
US indictments landed a blow on Adani Group, with international deals being reviewed and ratings agencies changing outlook. But recent efforts have helped it claw back market cap.
Global media, however, acknowledges that India does indeed face a Chinese threat. It also notes that controversy surrounding Adani Group creates problems for India’s own domestic growth.
This is significant since US said SECI was having trouble finding buyers for Adani & Azure solar power due to high rates. The firms then allegedly promised bribes to state govt officials.
Adanis not named in allegation of conspiracy to violate US Foreign Corrupt Practices Act, have been named in 'two or three counts relating to securities and bonds', says Rohatgi.
In a filing with the stock exchanges, the group has cited the news reporting on the alleged bribery & corruption charges against Adani officials as 'incorrect'.
Under pressure from opposition BRS, CM says corpus fund Adani offered 'being projected as some benefit to me or my govt', adds 'we have asked Adani Group to stop the fund transfer'.
Ventures by Japan, South Korea and Taiwan illustrate how the race for REE security is accelerating, powered by both geopolitical tension and industrial strategy.
ThePrint had previously reported that India & Russia are talking about 5 more regiments of the S-400, but no contracts are to be signed during the Russian president's visit.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
After stealing Indian resources in cohort with Modi, Adani group is setting up world’s largest green energy ecosystem. But the energy cost will be costliest and will forcibly sold to governments. And the people of India will bear the brunt. Is that patriotic act?
After stealing Indian resources in cohort with Modi, Adani group is setting up world’s largest green energy ecosystem. But the energy cost will be costliest and will forcibly sold to governments. And the people of India will bear the brunt. Is that patriotic act?