Other Adani stocks like ACC, Ambuja Cement, Adani Total Gas and its recent media acquisition NDTV, however, closed in green, showing some resistance to the volatility.
In 2016, CBI filed a case against MoD officials over a deal for 3 aircraft from Embraer and, in 2018, against NHAI officials & engg firm CDM Smith over alleged bribery charges.
Indictment says Adani Group made 'false & misleading' statements to media & Indian stock exchanges. SEBI’s regulations have several provisions regarding such potential breaches.
In the wake of the indictment, Kenya has cancelled 2 ongoing projects with Adani Group, which has presence in several countries, including Sri Lanka, Vietnam, China & Australia.
In Episode 1557 of #CutTheClutter, Editor-in-Chief Shekhar Gupta & Deputy Editor (Economy) Sharad Raghavan discuss the US laws that made indictment possible & charges against Adani & others.
Oppn to Carmichael coal mine in Australia & Gondulpara mine in Jharkhand to Hindenburg accusing it of 'brazen stock manipulation', US indictment is latest challenge for Adani Group.
US complaint alleges Adani met Andhra CM in 2021 & offered bribes to state officials to buy power from SECI. Naidu had criticised SECI deal in July white paper without mentioning Adani.
Criminal charges unsealed by US Attorney’s Office for Eastern District of New York accuse Adani Group & Azure Group of offering Rs 2,029 cr in bribes to Indian govt officials.
It is alleged that the billionaire businessman, nephew Sagar Adani & others promised bribes worth as much as Rs 2,029 cr to Indian govt officials to ensure business came to Adani companies.
Pinarayi Vijayan once called Vellappally Natesan, the general secretary of SNDP Yogam, Kerala’s Pravin Togadia. Now he is giving his hate speech a free pass.
Republican Senator Lindsey Graham says bill will be 'well-timed, as Ukraine is making concessions for peace and Putin is all talk, continuing to kill the innocent'.
Islamabad-based think-tank PICSS's new report says Pakistan saw 'pronounced escalation' in violence last year, with 3,413 conflict-related deaths compared to 1,950 in previous year.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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