Adani
Adani-Hindenburg Saga: No evident pattern of manipulative contribution to price rise, says SC-appointed panel
Fri, May 19, 2023
Adani-Hindenburg Saga: The Supreme Court-appointed committee headed by retired judge A.M. Sapre probing the Adani-Hindenburg controversy said taking into account explanations provided by Sebi (Securities and Exchange Board of India), supported by empirical data, prima facie, it would not be possible for the committee to conclude there has been a regulatory failure around the allegation of price.
More >
Adani-Hindenburg Saga: Sebi probe into Adani drew blank, says SC-appointed panel
Fri, May 19, 2023
Adani-Hindenburg Saga: An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate.
More >
Adani-Hindenburg Saga: SC-appointed committee says retail exposure in Adani Group increased after Hindenburg report
Fri, May 19, 2023
Adani-Hindenburg Saga: Supreme Court-appointed expert committee constituted to look into the Adani group shares crash triggered by the Hindenburg Research report has said empirical data showed that retail investors' exposure in the group has increased after January 24, 2023, when the report came out.
More >
Adani-Hindenburg Saga: 'No regulatory failure', says committee headed by ex-SC judge
Fri, May 19, 2023
Adani-Hindenburg Saga: The Supreme Court-appointed committee headed by retired judge A.M. Sapre probing the Adani-Hindenburg controversy said there was no regulatory failure in relation to compliance with the regulatory stipulations governing minimum public shareholding stipulation and "Hindenburg Report...contained no new data but was substantially a collection of inferences from data in the public domain".
More >
Adani-Hindenburg case: Sebi seeks more time for probe, says arriving at conclusion prematurely won't do justice
Mon, May 15, 2023
Further, the petition has also clarified that the allegation that SEBI is investigating Adani since 2016 is factually baseless as it has no relation and/or connection to the issues referred to and/or arising out of the Hindenburg Report.
More >
Why are Adani Total, Adani Transmission shares falling today?--Check Here
Mon, May 08, 2023
Trading in Adani Transmission and Adani Total Gas was halted on May 8 after shares suffered steep losses and hit a lower circuit. Adani Transmission shares hit their 5% lowe circuit limit at Rs 949.05 on BSE. The Adani Total Gas stock also hit its 5% lower circuit limit at Rs 872.90.
More >
Adani-Hindenburg row: Sebi moves Supreme Court seeking extension to complete probe
Sat, Apr 29, 2023
In an application moved before the court, Sebi submitted that for ascertaining possible violations related to misrepresentation of financials, circumvention of regulations and/or fraudulent nature of transactions, it would take six more months to complete the exercise.
More >
Govt afraid of JPC probe in Adani matter: Kharge
Thu, Apr 06, 2023
"They have a majority in Parliament and despite this the government is afraid of holding a JPC as this would give opposition parties an opportunity to go through all documents related to Adani matter," Kharge said in a press conference conducted by 19 opposition parties after the Lower House was adjourned sine die.
More >
Hindenburg Research, whose report in January rocked Adani stocks, hints at 'another big one'
Thu, Mar 23, 2023
Could US-based Hindenburg Research, whose report in late January rocked Adani group shares, be working on another big report? Well, that's what the US-based financial research company just hinted at in a Twitter post. It was a January 24 report by HIndenburg, accusing the Indian conglomerate of stock manipulation and misuse of offshore tax havens that sent Adani group stocks — from the likes of Adani Enterprises to Adani Ports — bleeding on Dalal Street, even as Adani group denied any wrongdoing. The Adani conglomerate also dismissed the Hindenburg report as baseless.
More >
Hindenburg impact: Adani's wealth down 60%
Wed, Mar 22, 2023
Adani lost Rs 3,000 crore of wealth every week over the last year and his overall networth is down 60 per cent from its peak, as per the M3M Hurun Global Rich List, which pegged Adani's overall fortune at USD 53 billion as of mid-March.
More >
Adani Airports following investments as per plans submitted to govt: CEO
Wed, Mar 22, 2023
Adani Airports on Wednesday said there is no rethink on the pace of expansion and it was following the investments as per plans submitted to the government, amid the parent group facing certain challenges in recent times.
More >
Adani Green Energy, NDTV to move to ASM stage-1 category from Monday
Sat, Mar 18, 2023
The parameters for shortlisting securities under the ASM framework include high-low variation, client concentration, number of price band hits, close-to-close price variation and price earning ratio. NSE and BSE said these companies have satisfied the criteria for inclusion under long-term additional surveillance measures (Long-term ASM).
More >
Adani Transmission, Adani Total Gas placed under Stage-II of ASM framework by NSE, BSE
Mon, Mar 13, 2023
The development comes close on the heels of both the exchanges placing three Adani Group's companies -- Adani Enterprises, Adani Power, and Adani Wilmar under the short-term ASM framework Stage-I.
More >
Adani-Hindenburg Saga: Adani Green, Total Gas, Transmission, Power slump 5% as group stocks continue to bleed
Mon, Feb 13, 2023
Adani group companies have lost $100 billion in market value since US-based Hindenburg Research came out with a damning report alleging fraud at the conglomerate helmed by the Indian conglomerate. Adani has denied the charges.
More >
