Months after allegations by Hindenburg Research, US Attorney’s Office, Securities and Exchange Commission has sent inquiries to investors with large holdings, according to Bloomberg report.
After the Adani Group took over Haifa port, the dockworkers were embroiled in internal battles. They all wanted to grab a large share of the privatisation grant.
SEBI, in a petition filed on 29 April, had sought six months to complete its probe, following a court order on 2 March that gave the regulator two months to submit its report.
Over past decade, wealth from crony-capitalist sectors in India rose from 5% to 8% of its GDP. Over 60% of increase in crony capitalists' wealth has come from US, China, Russia & India.
NCP chief Sharad Pawar’s ‘support’ for Adani has rubbed ally Congress the wrong way, but it’s not the first time. Pawar-Adani ties go back years and have caused friction before too.
Fitch said that Adani Transmission Ltd & Adani Ports and Special Economic Zone are prone to risks due to governance weakness at the parent conglomerate.
In 24 January report, Hindenburg Research said stocks of Adani Group’s 7 listed companies 'are 85% overvalued'. At least 3 of these have since seen their stock price fall by almost that amount.
Around 7,000 truck owners and drivers in Himachal Pradesh are protesting against Adani's 15 December decision to shut 2 cement plants over a dispute on freight rates.
In the centuries to come, economist Bibek Debroy's Mahabharata will attain the importance we attach to the texts of Shankara, Ramanuja, and Madhvacharya.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.
Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.
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