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March 20, 2023 05:54 PM IST In a statement, Adani stated that the financial closure of the Green PVC project of its Mundra Petrochemicals Limited ( MPL) is pending with the financial institutions and it is in their active consideration
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March 20, 2023 02:12 PM IST Speaking to reporter outside Parliament House, Congress deputy leader in Rajya Sabha Pramod Tiwari claimed nothing happens in the BJP without the directions of the prime minister.
- March 20, 2023 09:27 AM IST
The group’s flagship Adani Enterprises Ltd (AEL) had in 2021 incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd for setting up a greenfield coal-to-PVC plant at Adani Ports and Special Economic Zone (APSEZ) land in the Kutch district of Gujarat.
- March 16, 2023 11:03 PM IST
"We would like to submit that Gautam Adani and Rajesh Adani are individual promoters of various listed entities within the Adani group and Vinod Adani is an immediate relative of the individual promoters," the group's flagship Adani Enterprises said in a stock exchange filing on Thursday.
- March 16, 2023 11:49 AM IST
Rahul Gandhi's remarks during his recent trip to the United Kingdom have rocked Parliament, with both Houses failing to transact any significant business on the first three days of the Budget session's second half.
- March 15, 2023 06:23 PM IST
Gandhi who has returned to the national capital after delivering lectures at Cambridge University is also expected to speak in the House, where BJP ministers and MPs are seeking an apology from him for allegedly insulting India on foreign soil.
- March 15, 2023 02:29 PM IST
In a letter emailed to the ED Director S K Mishra, the parties told the probe agency that "it cannot turn around and abdicate its jurisdiction".
- March 15, 2023 01:37 PM IST
As the opposition leaders were stopped from proceeding to the agency's office, they returned to Parliament complex.
- March 15, 2023 11:10 AM IST
The leaders met in the office of Leader of Opposition in Rajya Sabha Mallikarjun Kharge in Parliament House complex to coordinate their joint strategy on the issue.
- March 14, 2023 06:31 PM IST
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- March 14, 2023 04:50 PM IST
According to Bloomberg data, yield on the overseas bonds of Adani Electricity Mumbai Infra fell to 8.7614 percent on March 13, from 9.4626 percent on February 28.
- March 14, 2023 11:04 AM IST
Among the parties which attended the meeting include the Congress, DMK, CPI-M, JDU, RJD, NCP, SP, SS (Uddhav), AAP, CPI, JMM, IUML, MDMK, NC, VCK and Kerala Congress.
- March 13, 2023 07:32 PM IST
Minister of State for Finance Pankaj Chaudhary said in the Lok Sabha that the volatility in the stocks of these companies have not had any significant impact at the systemic level. Nifty 50 declined by around 4.5 per cent during the same period.
- March 13, 2023 04:52 PM IST
AICC general secretary Jairam Ramesh said his party will continue with its demand for having a debate on the Indo-China border issue, a joint parliamentary committee probe on the Hindenburg-Adani revelations, and the alleged misuse of investigative agencies by the Centre.
- March 13, 2023 04:21 PM IST
The overall market was weak in February, thanks to volatility led by Adani Group stocks in the wake of a scathing short seller report. Hawkish US Fed and geopolitical tensions also kept the market returns in check.
- March 13, 2023 06:05 AM IST
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- March 13, 2023 12:31 PM IST
The Adani Group earlier today stated that it has completed full prepayment of margin linked share-backed financing aggregating to $2.15 billion, before committed timeline of March 31, 2023.
- March 13, 2023 12:25 PM IST
"This is in line with promoters’ commitment to increase equity contribution and promoters have now infused $2.6 billion out of total acquisition value of $6.6 billion for Ambuja and ACC," the Gautam Adani-led conglomerate stated.
- March 10, 2023 11:15 PM IST
The move also comes close on the heels of the two exchanges putting Adani Enterprises, Adani Power and Adani Wilmar under the short-term additional surveillance measure (ASM) framework Stage - I from March 9.
- March 10, 2023 04:23 PM IST
The opposition party has been persistent on its attack on the government, weeks after Adani Group stocks took a beating on the bourses in the wake of US-based short seller Hindenburg Research making a litany of allegations, including fraudulent transactions and share-price manipulation, on the conglomerate headed by industrialist Gautam Adani.
- March 09, 2023 06:01 PM IST
The Congress has been persistent on its attack on the government weeks after Adani Group stocks took a beating on the bourses after US-based short seller Hindenburg Research made a litany of allegations, including fraudulent transactions and share-price manipulation.
- March 09, 2023 11:50 AM IST
Paritosh Kashyap, president and head for wholesale banking at Kotak Mahindra Bank, said the issues surrounding Adani Group are more of a "capital market and valuations issue and not a credit issue."
- March 09, 2023 07:15 AM IST
SBICap Trustee said in a notice to exchanges that a further 0.99% shares in Adani Green Energy Ltd. were pledged “for the benefits of the lenders” of Adani Enterprises Ltd. An additional 0.76% shares in Adani Transmission Ltd. were also pledged to banks, the trustee said.
- March 09, 2023 09:09 AM IST
The Hindenburg report which sent Adani stocks on a $153 billion downward spiral, said that entities controlled by Adani's brother, Vinod, or his associates used Mauritius as a conduit for money laundering and share-price manipulation.
- March 09, 2023 05:58 AM IST
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