In its 3 January verdict, apex court declined to order a CBI or SIT probe into allegations of stock price manipulation against Adani group spurred by Hindenburg report.
Report by research firm Jefferies says the power sector would be key for the future growth of the data centre industry, not just in India, but globally as well.
Adani Group stocks rose at an average of 7.8% Monday, while Sensex rose 3.4%. The group has recovered all losses in value since the Hindenburg report came out in January 2023.
Global media also analyses how Modi is doubling down on 'anti-Muslim' rhetoric ahead of election results, stoking fear among Hindus about potential dangers of opposition coming to power.
CAG had in 2018 report pointed to ‘excess payments of 813 cr’ by TANGEDCO to coal suppliers & alleged irregularities in imported coal procured by PSU between 2013 and 2016.
It used to be Tatas and Birlas in the loose political rhetoric of the 1970s and the 1980s. Today, it is Adani and Ambani in the heated Lok Sabha election campaign.
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.
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