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The Latest Breaking News from Adani

Apple reports sharp drop in quarterly sales

BUSINESS DAILY – Friday, 03.02.2023: We take a look at the reasons behind Apple's largest drop in sales since 2019. We also see how Adani stock dropped 35 percent before rallying. Meanwhile, tense negotiations are taking place between Pakistan and the IMF, with the nation's PM saying it has no…

France 24

Afternoon Update: Australia to get a poet laureate; US police allegedly beat homeless man; and a smart immigration interactive

Albanese government launches $300m arts sector overhaul which includes minimum pay for professional artists and a crackdown on fake Indigenous art

The Guardian - AU

Days after Hindenburg report, leading newspapers carry front page ads for Adani

Two days after the story broke about a New York-based Hindenburg Research’s report placing Adani group in the dock for “brazen stock manipulation and accounting fraud”, leading newspapers carried front page ads from the group.

Newslaundry

From analysis to the latest developments in health,
read the most diverse news in one place.

Adani vs Hindenburg is front-page news, but what about Adani-owned media houses?

If you’ve invested in a company associated with the Adani group, you’re probably watching the stock market like a hawk. For the second day running, share prices of nine listed companies of the group have tanked, with the group losing nearly Rs 4 lakh crore in market capitalisation.

Newslaundry

Adani Group firms lose $9bn in value amid short-seller claims

Hindenburg Research says world’s third-richest person, Gautam Adani, is pulling ‘largest con in corporate history’

The Guardian - UK

NDTV president Suparna Singh, 2 others step down over a month after Adani takeover

More than a month after the Adani Group’s takeover of NDTV, the channel’s group president Suparna Singh, Chief Strategy Officer Arijit Chatterjee, Chief Technology and Product Officer Kawaljit Singh Bedi have resigned from the television broadcasting network.

Newslaundry

NDTV’s largest investors sell shares in bulk deals

LTS Investment Fund Limited, a foreign portfolio investor in NDTV, sold over 5.46 lakh of its shares in the company network in a bulk deal on Wednesday. LTS, which held 9.75 percent of NDTV shares, sold the shares for Rs 358.53 each.

Newslaundry

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Stoking the fire

A music studio is a burst of colour and culture in an unlikely place — one of Australia's most controversial coal mines.

ABC News

More than Ukraine war to high coal prices as debate over price caps continue

Why price controls might not work when coal supply is so short

Newcastle Herald

Adani is now NDTV’s largest shareholder, with control over 37% of the company

The Adani group’s open offer to NDTV shareholders came to an end today, with 31.79 percent shares of the 167 lakh shares in the open offer subscribed. This is approximately 8.26 percent of the company’s total shares.

Newslaundry

Day after Roys quit NDTV promoter board, Ravish leaves channel

A day after Prannoy Roy and Radhika Roy quit as the directors of the board of NDTV promoter RRPRH, noted journalist Ravish Kumar resigned from the channel on Wednesday. The company has “agreed to his request” for the resignation “to be effective immediately”, according to an email sent to the…

Newslaundry

Afternoon Update: Nationals spark Indigenous voice row; Daryl Maguire charged; and China’s escalating protests

Voice campaigners say the Nationals are ‘out of touch’ with regional Australia

The Guardian - AU

‘Still creeped out’: Queensland activist asks Adani to destroy surveillance photos taken of family

Ben Pennings says matter continues to cause ‘anxiety’ after nine-year-old photographed, according to letters

The Guardian - AU

Protesters, police clash over Adani port in India's Kerala; over 80 hurt

More than 80 people were wounded in India as villagers protesting to halt construction of the $900-million Vizhinjam port project by India's Adani Group clashed with police in Kerala state, the latest escalation in a months-long strike.

Reuters

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Newslaundry

‘Fair and reasonable’: NDTV’s panel of independent directors on Adani offer

NDTV’s committee of independent directors has published its recommendations on Adani’s open offer, calling it “fair and reasonable”.

Newslaundry

From Adani to climate change: What are the issues of apple growers this election season?

The apple belt is important to Himachal Pradesh’s electoral landscape. The apple crop makes up about 13 percent of the state’s economy. Early this year, apple farmers protested against increasing prices of cartons in which they sell their apples, GST, and also big corporations like Adani ‘lowering’ the prices. We…

Newslaundry

What moralistic takes on Adani-NDTV saga miss

Barely a few years after India’s independence, Jawaharlal Nehru used the phrase “jute press” to refer to the leading barons of Indian media. The phrase was a thinly-veiled dig at some of the prominent newspapers owners – like the Jains, Birlas and Goenkas – who had first made money in…

Newslaundry

Reporters Without Orders Ep 235: Adani’s NDTV takeover, UP man helps catch mother’s rapists after 30 years

This week, it’s an all-Newslaundry panel as host Basant Kumar is joined by Nidhi Suresh and Ayush Tiwari.

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news in one place.

100’s of premium titles.
One news app.

The Guardian - AU

Queensland activist Ben Pennings ordered to hand over his files on Adani

Pennings required to compile information he has about Carmichael coalmine and various campaigns

The Hindu

NDTV promoter entity, Adani write to SEBI, seek clarity on stake sale

The media group's promoters have asserted that the deal cannot go ahead without SEBI's nod

The Hindu

NDTV: the hostile takeover

Large conglomerates owning media units might crimp editorial independence

ABC News

Wangan and Jagalingou traditional owners use human rights law to occupy Bravus's Carmichael Coal Mine

After a series of failed legal challenges and their native title being extinguished, a group of Wangan and Jagalingou traditional owners are using a human rights act to occupy land at Bravus's Carmichael Coal mine in central Queensland.

Newslaundry

TV Newsance 184: Will Adani take over NDTV?

The big news on TV news this week was about TV news! The Adani-NDTV saga was the talk of the town, but the details were hazy nearly everywhere. Who bought what from whom? What roles do Ambani, Adani and the Roys play? And what are the implications of this game…

Newslaundry

RRPR bound to allot equity, its contentions legally untenable: Adani Group

Responding to disclosures by NDTV promoter RRPR Holding Private Limited, the Adani Group has said that the promoter’s contentions are “baseless” and “legally untenable”, and it is bound to “allot equity shares as specified in the warrant exercise notice”.

The Hindu

Adani group asserts RRPR is bound to transfer NDTV shares to VPCL

In a regulatory filing on Thursday, NDTV had contended that the Adani Group may not be able to complete its deal to buy RRPR Holdings as Prannoy, Radhika Roy have been restrained from dealing in securities by a 2020 SEBI order

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