The govt has amended rules to allow power exporters to sell within India, under certain conditions. Currently, Adani Power has the only plant with 100% capacity contracted for exports.
Adani Group companies experienced a decline of up to 4 percent Monday, with Adani Wilmar being the biggest loser, dropping by 4.1 percent to close at Rs 369.35.
Hindenburg's allegations 'baseless' & 'devoid of any truth', say SEBI chairperson Madhabi Puri Buch and her husband. Congress calls for joint parliamentary committee to investigate issue.
In January 2023, Hindenburg published report accusing Adani Group of financial irregularities, leading to sharp drop in company's stock price. Adani Group had rubbished these claims.
Global media also explores India's decision to facilitate visas for Chinese technicians & impact of the AI revolution on India’ technology outsourcing industry.
Hindenburg issued a response to a show-cause notice from India’s market regulator. Both documents contain new findings on several aspects of the short-seller’s Jan 2023 report on Adani Group.
The Group’s stocks rose strongly on Monday, following exit polls that predicted a landslide for Modi, but reversed all gains Tuesday as trends showed the BJP would fall well short of a single-party majority.
Global media highlights voters' concerns and disinformation campaigns this election season & India's growing defence exports to Armenia amid Ukraine war.
The graduation is meant to bolster the legacy and legitimacy of Sheikh Hasina's Awami League, even as the real-world preparedness lagged behind the glossy narrative.
Indonesia delegation led by Defence Minister Sjafrie Sjamsoeddin visited BrahMos facility & met with top officials & undertook a detailed briefing on the missile system.
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.
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