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Wednesday, September 3, 2025
TopicAdani

Topic: Adani

Cognizant faced bribery charges just like Adani in 2019, paid $25 million settlement to US SEC

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.

Parliament winter session starts today. Discussions on Waqf Bill, Manipur & Adani issue likely

Bills listed for introduction, consideration and passing include Mussalman Wakf (Repeal) Bill, Bharatiya Vayuyan Vidheyak, and the Disaster Management (Amendment) Bill, among others.

US agency that agreed to lend $553 mn for Adani’s Sri Lanka project conducting due diligence—Bloomberg

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.

Adani indictment shakes up Indian political & business worlds. The ball is in SEBI’s court

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.

Adani should take lessons from Tatas, Birlas—maintain arm’s length distance from politicians

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.

Adani Group suffers Rs 35,000 cr drop in market cap, total loss from US indictment Rs 3 lakh cr

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.

‘Vindicated’ by Adani’s US indictment, Rahul says Modi can’t arrest him. ‘He controls BJP funding’

At press conference in Congress HQ, the Leader of Opposition said the billionaire businessman should be arrested as it is now 'pretty clear he broke both American and Indian law'.

‘Baseless & denied’, says Adani Group on bribery charges. To seek legal recourse against US indictment

Statement comes after US court & Securities & Exchange Commission indicted Adani Group chairman Gautam Adani & several others for allegedly planning to bribe Indian state govt officials.

Congress calls for JPC into Adani Group deals after US indict Gautam Adani in alleged bribery case

In a post on X, party leader Jairam Ramesh charged the company with monopolising key sectors of the economy, adding this fuelled inflation, & posed foreign currency challenges.

On Camera

Trump’s 4,500 troops can topple Nicolás Maduro—not fix Venezuela

The US troops could dislodge the government in Caracas, but it won’t be enough to police a country ringed by drug cartels and insurgents.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Real-time, all-climate’ explosives detector could enhance airport & border security—no dogs, no swabs

Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points. 

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.