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.
Adani has been supplying power under a 25-year contract signed in 2017 under ousted PM Sheikh Hasina, from a $2 billion power plant in Jharkhand that has two units.
Company paid settlement as 2 of its senior executives were implicated in bribery of officials in the govts of Tamil Nadu and Maharashtra to obtain construction-related permits.
Bills listed for introduction, consideration and passing include Mussalman Wakf (Repeal) Bill, Bharatiya Vayuyan Vidheyak, and the Disaster Management (Amendment) Bill, among others.
U.S. International Development Finance Corporation has not reached a final agreement on the loan, an official with the agency said in an email to Bloomberg.
If the question is whether Indian authorities can launch their own investigations based on the findings of a foreign government, the answer is that there is precedent.
It is also not a good idea for a Prime Minister to be perceived as being close to one businessman, even though it is not likely that he favours only one of them.
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.
The chipmaker at the heart of the AI revolution may be the most influential stock in Wall Street history. Nvidia has been the primary driver of the market’s gains since the start of 2023.
ISRO’s LMV3 rocket set off the CMS-03 satellite from Sriharikota Sunday. It weighs 4,410 kg, will primarily serve Indian Navy and has a life of at least 15 years.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
COMMENTS