Adani Group: News
Adani Group increases stake in two of its listed companies
Adani Group has raised its stake in two listed companies: Adani Enterprises and Adani Ports and Special Economic Zone (APSEZ), as part of its claw-back strategy following damaging reports from earlier this year.
Sensex gains 152 points, Nifty settles near 19,580 mark
On Tuesday, the benchmark Sensex and Nifty indices saw gains.
Hindenburg reacts to OCCRP allegations against Adani, says 'loop closed'
US-based short-seller Hindenburg has reacted to the fresh claims against Adani Group, made by the Organized Crime and Corruption Reporting Project (OCCRP), saying, "Finally, the loop is closed."
Adani Group secretly invested millions in own stocks: Soros-funded OCCRP
Billionaire George Soros-funded Organized Crime and Corruption Reporting Project (OCCRP) has claimed that millions of dollars were invested in certain publicly traded stocks of Adani Group, via 'opaque' Mauritius funds.
SEBI's status report on Adani-Hindenburg: Supreme Court delays hearing
The Supreme Court of India has delayed the hearing on the Securities and Exchange Board of India's (SEBI) status report in the Adani-Hindenburg case.
Sensex gains 110 points, Nifty settles above 19,300 mark
On Monday, the benchmark Sensex and Nifty indices showed an upward trend.
Sensex and Nifty close flat: Check Tuesday's stock market report
On Tuesday, major indices of the stock market ended flat.
Sensex gains 267 points, Nifty settles near 19,400 mark
On Monday, the benchmark Sensex and Nifty indices saw gains.
Sensex and Nifty close with marginal gains amid sell-off pressure
On Monday, the stock market ended on a sluggish note but managed to stay in green. While the Sensex settled at 65,401.92 points, the Nifty closed at 19,434.55 points.
SEBI wants 15 more days to complete Adani-Hindenburg case investigation
The Securities and Exchange Board of India (SEBI) has requested the Supreme Court an additional 15 days to complete its investigation into Hindenburg Research's allegations against the Adani Group.
Sensex slips 365 points, Nifty settles below 19,430 mark
On Friday, the benchmark Sensex and Nifty indices witnessed a slump.
Adani Ports, Adani Airports eye Rs. 1,500cr bond market entry
Adani Ports and Adani Airports Holding are in discussions with merchant bankers to raise up to Rs. 1,500 crore each through local currency bonds.
Adani Enterprises refutes Adani Wilmar stake sale rumors
Adani Enterprises has refuted media reports that said the company was looking to sell its stake in the FMCG joint venture Adani Wilmar.
Sensex loses 887 points, Nifty settles below 19,750 mark
On Friday, the benchmark Sensex and Nifty indices witnessed a slump.
Hindenburg report false, committee found no regulatory failure: Adani
In a fresh attack on Hindenburg Research, Adani Group Chairman Gautam Adani alleged its report—which accused the conglomerate of stock manipulation and financial irregularities—was a "deliberate and malicious attempt aimed at damaging its reputation."
Adani Enterprises returns to bond market, raises Rs. 1,250 crore
Six months ago, a scathing report by Hindenburg Research rocked the Adani Group. It hasn't been business as usual since then for the once high-flying conglomerate.
How the Hindenburg report affected Adani Group's FY23 balance sheet
Gautam Adani has come out swinging against Hindenburg Research. In a letter to shareholders, the billionaire called the US-based short-seller's report "targeted misinformation."
Hindenburg report was 'targeted misformation' to earn profit: Adani
In a scathing attack on Hindenburg Research, Adani Group Chairman Gautam Adani said the report, which accused the conglomerate of stock manipulation and financial irregularities, was a combination of "targeted misinformation and discredited allegations" aimed at harming the conglomerate's reputation.
Ex-diplomat deletes tweet claiming Soros owns WSJ over Modi's criticism
India's former secretary general Kanwal Sibal was trolled on social media for claiming that billionaire investor George Soros owns The Wall Street Journal (WSJ) after the American daily published a piece critical of Prime Minister Narendra Modi.
Adani Group faces regulatory scrutiny in US; stocks plunge
Adani Group seems to have landed in troubled waters again.
Adani's Trainman acquisition not a threat to IRCTC: Here's why
Adani Digital Labs, a wholly owned subsidiary of Adani Enterprises, has entered the train ticket booking game.
Sensex gains nearly 420 points, Nifty settles above 18,700 mark
On Tuesday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.66% to settle at 63,143.16 points, the Nifty jumped 0.61% to 18,716.15 points.
Why new international airport in Navi Mumbai is special
The under-construction international airport in Navi Mumbai is reportedly set to start its operations by December 2024.
Findings of Supreme Court-appointed panel on Adani-Hindenburg issue, explained
Adani Group has been under regulatory and judicial scrutiny after the US-based short-seller Hindenburg Research accused the conglomerate of accounting fraud and stock manipulation.
Sensex gains nearly 300 points, Nifty settles above 18,200 mark
On Friday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.48% to 61,729.68 points while the Nifty climbed 0.4% to 18,203.4 points.
Supreme Court panel gives clean chit to Adani Group
The Supreme Court-appointed panel investigating Hindenburg Research's allegations against Adani Group stated on Friday that no pricing manipulation by the conglomerate has been found at this point.
Not probing any Adani company since 2016: SEBI tells SC
The Securities and Exchange Board of India (SEBI) told the Supreme Court on Monday that claims about it investigating the Adani Group since 2016 were "baseless," adding that no listed company of the Adani Group is among the 51 Indian companies being probed.
Sensex gains 123 points, Nifty closes above 18,300 mark
The stock market on Friday ended flat but in the green as the Sensex settled at 62,027.9 points and the Nifty stood at 18,314.8 points.
Adani Group has more lenders than before: Who are they
It wasn't that long ago when US-based short-seller Hindenburg Research raised questions about Gautam Adani-led Adani Group's sky-high debt.
Sensex closes flat, Nifty retains the 17,600 mark
On Friday, major indices of the stock market ended flat with the Sensex settling at 59,655.06 points and the Nifty closing at 17,624.05 points.
Adani meets Sharad Pawar amid opposition's demand for JPC probe
Gautam Adani, chairman of the Adani Group, met Nationalist Congress Party (NCP) chief Sharad Pawar at the veteran leader's residence on Thursday morning, reported PTI.
Government allowed Adani's mine expansion despite existing mines' unextracted deposits
Fresh details have emerged in the Adani-Hasdeo Arand coal mining row, revealing that Prime Minister Narendra Modi-led government cleared the expansion of a coal mine run by the Adani Group despite government-funded studies establishing the presence of unextracted coal in existing mines.
Reliance, Adani competing to acquire Future Retail: Journey so far
Kishore Biyani-led Future Retail Ltd. is caught in a mountain of debt. The once-successful retailer has now released a provisional list of applicants who are interested in acquiring the debt-ridden flagship company of Future Group.
Adani-Hindenburg controversy: BJP reacts to Pawar dismissing opposition's JPC demands
Bharatiya Janata Party (BJP) IT cell chief Amit Malviya on Friday reacted to Nationalist Congress Party (NCP) supremo Sharad Pawar's dismissal of the opposition's demands for a Joint Parliamentary Committee (JPC) to probe the Adani Group-Hindenburg controversy.
SBI's m-cap fell the most in Asia-Pacific in Q1 2023
For the State Bank of India (SBI), the first three months of 2023 were tumultuous at best. According to data compiled by S&P Global Market Intelligence, India's largest lender by assets saw a steep fall in market capitalization.
SEBI is probing Adani Group's offshore deals: Know why
Things are not getting any easier for Adani Group. The embattled conglomerate has been on an uphill task since the damning report by Hindenburg Research.
Noida: Fire breaks out at Adani Group's upcoming data center
A minor fire broke out at an under-construction building of the Adani Group in Noida Sector 62 at 11.20 pm on Tuesday, reported PTI.
Adani Group's debt crisis: How real it is
Adani Group companies are back in a pickle. The excitement surrounding GQG Partners' $1.9 billion fund infusion into the conglomerate seems to have died down.
EPFO continues investment in 2 Adani companies despite depleted value
India's largest retirement fund, the Employees' Provident Fund Organization (EPFO), has continued its investment in Adani Enterprises and Adani Ports and Special Economic Zone Limited despite the conglomerate's recent market rout, reports said.
Centre hasn't intervened in Adani crisis: PM Modi's economic adviser
Prime Minister Narendra Modi-led central government has reportedly not intervened in the Adani Group's scuffle with United States (US)-based short-seller Hindenburg Research, which triggered a massive downfall in the company's shares.