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The Latest Breaking News from Adani

Nifty index heads for correction amid global turmoil

MUMBAI: India’s benchmark NSE Nifty 50 Index headed for a technical correction amid the global selloff triggered by rising concerns about the health of Swiss lender Credit Suisse Group AG.

The Times of India

Six Adani group companies settle higher; four firms hit upper circuit

NEW DELHI: Shares of six Adani Group firms out of ten listed entities ended the day in positive territory on Thursday amid an overall weak trend in the equity markets.

The Times of India

Reliance brings back Campa Cola of the 70s

NEW DELHI: Billionaire Mukesh Ambani's Reliance re-launched the 50-year-old iconic beverage brand Campa Cola in a new contemporised avatar as it looks to ramp up its own consumer goods offering to take on competition from Adani, ITC and Unilever.

The Times of India

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Museums must take more care with their donors

Letter: The sponsor of the Science Museum’s climate gallery is part of the controversial Adani conglomerate, writes Dr Chris Garrard

The Guardian - UK

Sensex, Nifty close higher for 2nd day on gains in global equities; IT, financials shares advance

MUMBAI: Benchmark indices Sensex and Nifty advanced for a second session in a row on Monday on gains in IT, banking and auto stocks following strong global trends.

The Times of India

Delhi CM Arvind Kejriwal sounds bugle for polls in Chhattisgarh; promises peoples' rights on mines, forests

RAIPUR: Sounding the bugle for the assembly elections, Aam Aadmi Party (AAP) convener and Delhi chief minister Arvind Kejriwal on Sunday claimed that the contest in Chhattisgarh will be between the ruling Congress and his party and promised that the people will have the rights on the mines, forests and…

The Times of India

Sensex, Nifty rally on firm global cues: Key factors behind stock market surge

NEW DELHI: Equity indices surged on Friday, logging weekly gains with the benchmark BSE sensex rising 900 points amid value buying across sectors.

The Times of India

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Star investor Rajiv Jain bets $1.9 billion on embattled Gautam Adani empire

MUMBAI: Adani Group’s stocks surged on Friday after winning a vote of confidence from one of the biggest names in emerging-market investing, helping cap the Indian conglomerate’s best week since late January when a US short-seller’s explosive report triggered an unprecedented rout.

The Times of India

Adani Group sells stakes worth Rs 15,446 crore to GQG Partners

NEW DELHI: The Adani Group has sold stakes worth Rs 15,446 crore to a leading US-based global equity investment boutique GQG Partners, the company said in an official release to the bourses on Thursday.

The Times of India

Hafta letters: Modi’s Rajya Sabha speech, Tipu’s rockets, Manisha’s sound effects

One of the biggest misdeeds of this government is encouraging or not acting on the lynchings that are happening more frequently. Everything else seems bearable, but this one is just hitting it hard, the number of families losing their loved ones for no reason. It's becoming impossible to follow the…

Newslaundry

Supreme Court rejects plea to gag media from reporting Adani-Hindenburg issue

The Supreme Court on Friday clarified that it will not issue any injunction against the media for reporting on the Hindenburg report against the Adani Group. Read further on Dynamite News:

Dynamite News

Supreme Court refuses to gag media from reporting on Adani-Hindenburg issue

The Supreme Court today refused to gag the media from reporting on the Adani-Hindenburg issue, saying there was “no question” of doing so.

Newslaundry

Adani Group to invest $442 million in bankrupt Sri Lanka

NEW DELHI: Sri Lanka's Board of Investment has approved two wind power plants by Adani Green Energy with a total investment of $442 million.

The Times of India

Adani stock rout has room to run as charts show 85% call still valid

MUMBAI: The rout in Adani group shares has room to run based on charts that show key stocks in Gautam Adani’s empire may still extend declines to the 85% downside flagged by Hindenburg Research.

The Times of India

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The Times of India

Adani group firm repays Rs 1,500 crore in comeback strategy

NEW DELHI: Adani group firm Adani Ports SEZ paid Rs 1,500 crore loan and promised to repay more as the embattled conglomerate mapped a comeback strategy after a sellout triggered by a damning report by US-based Hindenburg Research.

The Times of India

Adani-Hindenburg row not to impact India story, says industry doyen K P Singh of DLF

NEW DELHI: The turmoil engulfing Gautam Adani's business empire following damning allegations by a US short seller, has not shaken the faith of global investors in India, real estate doyen K P Singh said rubbishing suggestions that banks would have lent to Adani group on instructions from higher-ups.

Newslaundry

Hafta letters: NL interview problems, Adani coverage, Ravish job offer

Raman sir and Abhinandan, you asked if any country is capitalist/socialist? Well, socialism and capitalism are not mere labels that can be put on countries and then be defended or ridiculed. They are policy frameworks. A policy is as capitalist as it fits in that framework and the laws as…

The Times of India

Most Adani dollar bonds rally out of distressed territory

MUMBAI: Most Adani group dollar bonds have climbed out of distressed territory after the company said it will address upcoming maturities, the latest boost to investor sentiment in recent days after an initial rout sparked by a US short-seller report.

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The Times of India

MSCI defers decision on 2 Adani group firms' weightages in indices

NEW DELHI: Index provider MSCI Inc has postponed the implementation of reducing the weightages of two Adani group firms, Adani Total Gas and Adani Transmission, in its indices, citing potential impact from price limit mechanisms.

AAP

Watchdog won't probe fraud allegations against Adani

Australia's corporate regulator will not launch a formal investigation into alleged misconduct by the Adani Group due to the age of the accusations.

The Times of India

Retail investors keep faith in Indian market despite $129 billion rout in Gautam Adani stocks

MUMBAI: Individual stock investors in India are keeping faith in the country’s $3.1 trillion equity market even after a punishing selloff in Adani group shares threatened to drag down one of the world’s best-performing indexes since the pandemic.

Dynamite News

Why not JPC in Hindenburg Adani row: Jairam Ramesh after Centre's reply in SC

Congress leader Jairam Ramesh on Monday took a swipe at the Centre over its reply in the Supreme Court regarding appointing a committee in connection with the Hindenburg's report on Adani Group, and questioned the government on why it was not agreeing to a joint parliamentary committee (JPC).

The Times of India

Adani vs Hindenburg saga: 10 things which have happened so far

NEW DELHI: Amid reports of cut in growth targets and capex, Adani Group on Monday said that its growth plans are intact, business plans are fully funded and it remains confident of delivering returns to shareholders.

Newslaundry

TV Newsance 201: Save Adani Campaign, brought to you by primetime stars on TV News

What do Mia Khalifa, Hindenburg and Greta Thunberg have in common? Is the opposition falling for a trap set up by anti-nationals to destroy the Indian economy? Is the Adani crisis over?

The Times of India

Hindenburg has never been banned, says founder Nate Anderson amid Adani row

NEW DELHI: Hindenburg Research founder Nathan Anderson on Friday said that his firm has never been banned, its bank account never seized and that it is not under any investigation.

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