Reiterating demand for JPC on allegations against Adani Group, Jairam Ramesh says 'already-compromised' institutions of Indian state will continue to act only to protect the powerful.
Founder Nathan Anderson cited the toll of the ‘rather intense, and at times, all-encompassing’ nature of the work as the reason for his decision to disband the firm.
Hindenburg issued a response to a show-cause notice from India’s market regulator. Both documents contain new findings on several aspects of the short-seller’s Jan 2023 report on Adani Group.
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.
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.
According to 'Burgundy Private Hurun India 500-Special Report’, Adani Group saw its market value nosedive by Rs 10.25 lakh crore. Tata topped the list of most valued industrial groups.
The group's shares have lost more than $110 billion in value since January when Hindenburg Research alleged it had indulged in stock manipulation & improper use of tax havens.
SEBI has sought 6 months' extension to probe allegations against Adani by Hindenburg Research, saying it wants to avoid any 'incorrect, premature or legally untenable conclusion'.
Cooperation Ministry takes a step towards financial inclusion with Sahkar DigiPay and Sahkar DigiLoan. They will enable faster and seamless access to financial services in small towns.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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