The Latest Breaking News from Adani Group

ON THE GROUND: Stuti Mishra reports from a site in western India that’s roughly seven times larger than the city of Paris and combines solar and wind power to produce energy around the clock. Nothing on this scale exists anywhere else in the world

The Securities and Exchange Board of India has alleged that Pranav Adani, the nephew of billionaire Gautam Adani and a senior executive on the boards of multiple Adani Group companies, had “shared price sensitive information about Adani Group’s open offer to acquire shares of NDTV with his brothers-in-law, violating insider…

The United States Securities and Exchange Commission (US SEC) has been unable to serve summons to Gautam Adani, his nephew Sagar Adani, and the Adani Group in India. The US SEC, in a filing on Monday, August 11, told a New York Eastern District court that they asked India’s Ministry…

The Registrar had declined to accept his miscellaneous application saying that the application did not disclose any reasonable cause. Read further on Dynamite News:

Renowned short-seller Nate Anderson says his work has been ‘intense, and at times, all-encompassing’.

Founder Nathan Anderson said Hindenburg's intense work had taken a toll on his personal life, and while there were no specific reasons for the closure, the plan had always been to shut down the firm after completing their current projects.

The BJP has accused the billionaire of funding initiatives critical of Modi, aimed at destabilising India.

The Bombay High Court on Friday dismissed a plea challenging the tender awarded to the Adani Group for the Dharavi Redevelopment Project. Read further on Dynamite News:

Taking to social media platform Facebook, Rahul Gandhi wrote, "Modi ji Sansad me aao, Adani par jaanch se mat ghabrao (Modi ji come to Parliament, don't be afraid of investigation)." Read further on Dynamite News: