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.
Under the proposedb airport deal, Adani Group was to add a second runway and upgrade the passenger terminal at the Jomo Kenyatta International Airport, with a 30-year lease in exchange.
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.
US court indictment names several current, former executives of Adani Group and Azure Power. On being probed by US authorities, Azure Power allegedly took steps to deflect blame from itself.
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.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
अमेरिका हिन्दू विरोधी बन गयी है भारत के हिन्दू बिजनेस मैनो ने अमेरिका में बिजनेस नहीं करने देना चाहती है इसलिए गौतम अदानी को फसाया है अमेरिका के ब्लेक रोक कंपनी टेस्ला कंपनी ने कितने ट्रिलियन डॉलर के हेर फार किये है सभी को पता है
If we start supporting foreign countries as super sovereign entities, then we also have to act against their companies functioning in India doing business using the same rules… please grow up and understand geopolitics or stop printing childish articles
Forget about SEBI,SUPREME COURT AND IMVESTIGATION. It is time to look back how The print and other mainsteeam media responded simce adani, Hindenburg controversy. The print and shekhar actively defended adani.
अमेरिका हिन्दू विरोधी बन गयी है भारत के हिन्दू बिजनेस मैनो ने अमेरिका में बिजनेस नहीं करने देना चाहती है इसलिए गौतम अदानी को फसाया है अमेरिका के ब्लेक रोक कंपनी टेस्ला कंपनी ने कितने ट्रिलियन डॉलर के हेर फार किये है सभी को पता है
If we start supporting foreign countries as super sovereign entities, then we also have to act against their companies functioning in India doing business using the same rules… please grow up and understand geopolitics or stop printing childish articles
Forget about SEBI,SUPREME COURT AND IMVESTIGATION. It is time to look back how The print and other mainsteeam media responded simce adani, Hindenburg controversy. The print and shekhar actively defended adani.
SEBI is unlikely to act. The entire tapestry of this case was laid before CJI Chandrachud but his intervention too, as for Manipur, achieved nothing.