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The Latest Breaking News from Adani Group

Supreme Court upholds SEBI probe, turns focus on ‘conduct’ of Hindenburg

Hindenburg Adani case: Supreme Court directs SEBI to probe if Hindenburg report on short-selling caused harm to investors; dismisses NGO's findings against Adani Group.

The Hindu

2023 could have been the year that wrecked Adani. Did it?

There was one question on everyone’s mind the first month of this year: Will the Adani Group be able to weather the Hindenburg storm?

Newslaundry

Adani’s Dharavi redevelopment: Massive protests, dismal media coverage?

Over the past two decades, several governments in Maharashtra have spoken of giving a facelift to Mumbai’s infamous slum of Dharavi – ostensibly the most thickly-populated area in India. Months after the BJP-Shiv Sena faction assumed power in June last year, the task was assigned to Gautam Adani’s Adani Group…

Newslaundry

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Dharavi revamp in turmoil | Explained

Opposition parties in Maharashtra march to billionaire Gautam Adani's office to protest ₹23,000 crore Dharavi Redevelopment Project, raising suspicion of government favouring Adani.

The Hindu

Congress, Sena (UBT) protest against Dharavi redevelopment project

Oppn. parties in Maharashtra criticise govt. for allegedly favouring Adani Group in Dharavi redevelopment project, neglecting welfare of slum's residents.

The Hindu

Despite increasing passenger patronage, two airports in Kerala continue to make loss

Kerala's four airports show mixed results: Calicut and Cochin returned to growth post-COVID, Kannur has been making losses since 2018 due to high capital investment and lack of 'point of call' status. Thiruvananthapuram, taken over by Adani Group in 2021, made a record profit pre-pandemic, but has since incurred a…

The Hindu

Adani port operations to be carbon-neutral by 2025: Gautam Adani

Adani Group pledges carbon-neutral port ops by 2025, world's largest green energy park in Gujarat. Group Chairman Gautam Adani announces plans to set up world's largest green energy park in Rann of Kutch desert, generate 30 GW to power 20M homes. Group also pledges 5,000 hectares of mangrove plantations by…

The Hindu

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Uddhav to lead march against Adani group

Shiv Sena leader Uddhav Thackeray announced plans to lead a march to the Adani Group office in Mumbai on Dec 16 to protect the interests of Dharavi residents.

The Hindu

Congress leaders telling voters they ‘will defect to BRS after winning’, says KCR

KCR accuses Congress of seeking votes by claiming they'll join BRS after election. PM Modi accused of ignoring SCCL & importing coal from Adani Group in Australia. KCR lists welfare measures implemented by BRS: Rythu Bandhu, old age pensions, free power. Alleges Congress leaders want to dump Dharani if they…

The Hindu

SEBI can’t be expected to take OCCRP allegations in Adani case as gospel truth: SC

Supreme Court said SEBI cannot accept foreign media reports as "gospel truth" on Adani Group's alleged stock manipulation & accounting fraud. SEBI bound by evidentiary requirements & cannot take reports as evidence. SIT to investigate, but SEBI following Justice Sapre committee's suggestions to protect investors.

The Hindu

Tajpur port not feasible; Mamata-Adani played along, alleges Suvendu Adhikari

Opposition leader Suvendu Adhikari alleges West Bengal govt. & Adani Group knew Tajpur port not feasible, but played along. Adani Power Ltd. had to pass electricity-bearing cables through WB, but farmers objected.

The Hindu

Tajpur deep sea port | West Bengal CM Mamata’s remarks at business summit raise questions on Adani Group’s role in project

Tajpur deep sea port: The absence of the Adani Group from the BGBS has raised further questions about their role in the Tajpur port project.

The Hindu

Adani Group’s Dharavi Redevelopment Project refutes Congress’s allegations of favouritism

DRP refutes Congress' allegations of favouritism in Dharavi Redevelopment Project. DRP says vested interests are attempting to derail/delay project with revenue potential of ₹20,000 crore.

The Hindu

Article on Adani Group: Supreme Court grants protection to 2 journalists summoned by Gujarat Police

SC grants protection from arrest to two journos challenging summons issued by Gujarat Police in connection to article on Adani Group. Bench directs them to cooperate in investigation, issues notice to Gujarat govt.

The Hindu

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The Hindu

Mahua Moitra writes to Lok Sabha Speaker on leak of Ethics Committee’s report

She also points out the conflict of interest in Adani Group-owned channel accessing the report before its adoption; Trinamool MP also mentions ‘inaction’ by the Speaker’s office

The Times of India

US invests $553 million in Gautam Adani’s Sri Lanka port to curb China’s influence

NEW DELHI: The US will provide $553 million in financing for a port terminal in Sri Lanka’s capital being developed by Indian billionaire Gautam Adani, as New Delhi and Washington look to curtail China’s influence in South Asia.

The Hindu

AAI employees refuse to join Adani Group as joint operation ends in three airports

The three-year joint operation by the employees of the AAI and the Adani Group has been completed in three airports, namely Ahmedabad, Mangaluru, and Lucknow, but not a single AAI employee in these airports was ready to accept the offer letter of the private concessionaire.

The Hindu

‘A mystery’ how Adani group escapes despite pervading ‘stench of illegality’: Congress

The Congress on Monday claimed that recent media reports have “further illuminated” close links between the Adani group and a “shadowy network” of the group’s confidants who are allegedly involved in round-tripping, money laundering and brazen violations of Securities and Exchange Board of India (SEBI) laws.

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The Hindu

Congress cites news on Adani auditor under NFRA lens, says something 'truly rotten' in conglomerate

The Congress cited a media report that one of the Adani Group’s long-time auditors is being scrutinised by India’s accounting regulator to allege that “something is truly rotten” in the conglomerate.

Newslaundry

‘Cash-for-query’ row: 62 questions by Mahua Moitra, 9 on Adani, 1 on Hiranandani group

As the Lok Sabha ethics committee prepares to hear cash-for-query allegations against Trinamool Congress MP Mahua Moitra, accusations are piling up about the misuse of parliamentary privileges, allegedly to help the Hiranandani Group and target its business rival Adani Group.

The Hindu

Nod for Chinese technicians to come ashore, unload cranes at Vizhinjam port

FRRO allows 3 Chinese techs to disembark ship at Vizhinjam Int'l Seaport to assist staff unload cranes. Bad weather had delayed work, but sea conditions expected to improve. State govt & Adani Group exerted pressure on Centre to give permission. 3 more ships due in Nov.

Dynamite News

Rahul Gandhi targets Adani group again on coal pricing issue

Citing UK-based newspaper, Financial Times which claimed that the Adani Group was purchasing coal above its market value from Asian countries, Congress leader Rahul Gandhi on Wednesday alleged that it is due to this reason for prices of electricity in country are getting inflated.

The Hindu

‘Some groups and individuals working overtime to harm our name’: Adani Group amid allegations against Mahua Moitra

The Adani Group has reacted to the alleged ‘cash for question’ in the Parliament about the Group raised by a BJP parliamentarian against TMC MP Mahua Moitra

The Hindu

Lokesh can be arrested in Delhi as well, says YSRCP leader Sajjala

YSRCP claims TDP's Nara Lokesh may be arrested in Delhi. YSRCP's Sajjala Ramakrishna Reddy says alignment was changed to suit TDP's needs & misused power. TDP politicising CM's meeting with Adani Group Chairman. TDP using corruption cases to evoke sympathy & mislead public.

Newslaundry

Petition alleges ‘conflict of interest’ in SC-appointed panel to investigate Adani Group

A new petition filed in the Supreme Court has alleged “conflict of interest” involving members of the expert committee set up to investigate allegations against the Adani Group.

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