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UNBELIEVABLE: 8 - The Untold Story

Layoffs, pay cuts: Inside CPR’s ‘financial crisis’ after FCRA funds, tax exemption axed

The Centre for Policy Research has downsized its staff by 75 percent. Its faculty members — including fellows and senior fellows — have taken “massive pay cuts” ranging from 50 percent to full. The think tank had come under the income tax department’s tax scanner and faces a “serious financial…

Newslaundry

Supreme Court asks SEBI why law was tweaked to remove provisions prohibiting opacity in FPI ownership

The Supreme Court asked SEBI to explain why the law was tweaked in 2018 to junk crucial provisions prohibiting opacity in the ownership structure of FPIs, leading to investigation into the Adani Group hitting a wall

The Hindu

Coal giant Bravus denies bullying media over Carmichael mine

Bravus has rejected claims it tried to bully a photojournalist with legal threats after a senator accused it of endangering press freedom.

The New Daily

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Two journalists received legal threats from Bravus after travelling to Carmichael coal site, parliament told

Matthew Abbott says he and another reporter were invited to meet Wangan and Jagalingou cultural custodians at the site where Bravus, formerly Adani, is mining

The Guardian - AU

Statewise strategy needs against Hindutva forces: Sitaram Yechury

He was speaking on the ‘Challenges faced by Federalism’ at the EMS Smriti programme held at Regional Theatre here on Wednesday

The Hindu

Civil Aviation Minister Scindia, Congress leader Venugopal verbal duel over air fares continues

In the ongoing verbal duel between Congress general secretary K.C. Venugopal and Civil Aviation Minister Jyotiraditya Scindia over soaring air fares, Mr. Venugopal, in a fresh rebuttal late on Sunday, said “hard facts and everyday suffering of the middle class cannot be wished away by distorting figures and misrepresenting the…

The Hindu

Coalmines pollute much more than their operators predicted when they sought approval

An ABC analysis uncovers several examples of project approval being granted to coalmines based on environmental assessments that contained significant underestimates of their greenhouse gas pollution.

ABC News

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Is IBC a mechanism to rescue stressed firms or another tool for ‘organised loot’, asks Congress

The Congress asked whether the Insolvency and Bankruptcy Code (IBC) was a mechanism to rescue stressed firms or another tool for “organised loot”.

The Hindu

How Main Street Investors Can Detect Short Seller Misinformation Campaigns

How to avoid the pitfalls and find a better way to short stocks.

StockNews.com

Congress alleges two offshore Adani-linked funds appeared to be on IT dept radar

Tagging the media report, Congress general secretary Jairam Ramesh said, “That’s why we have been repeatedly saying that only a JPC can unearth where the more than ₹20,000 crore unaccounted funds that were invested in Adani came from.”

The Hindu

Rule prohibiting investment by opaque funds done away by SEBI on 'weak grounds', claims Cong

The Congress on Tuesday alleged that a rule prohibiting investment by opaque funds was done away with by SEBI on “weak grounds” and said the market regulator cannot run with the hares by diluting reporting requirements and hunt with the hounds pretending to identify beneficial ownership in opaque tax havens.

The Hindu

2019 Lok Sabha elections were fought on bodies of our soldiers: Satya Pal Malik

Former Jammu and Kashmir governor Satya Pal Malik again attacked the government over the Pulwama attack issue, saying the 2019 Lok Sabha elections were “fought on the bodies of our soldiers”.

The Hindu

‘Clean chit’: How Adani-owned NDTV reported on SC panel’s report on Hindenburg allegations

As the Supreme Court-appointed expert committee observed on Friday that there was “no coherent pattern of abusive trading” by the Adani group and that some of the charges were “still under investigation”, Adani-owned media house NDTV summed up the 173-page report with this catchphrase: “clean chit”.

Newslaundry

SC-appointed committee says retail exposure in Adani group increased after Hindenburg report

NEW DELHI: The Supreme Court-appointed expert committee constituted to look into the Adani group shares crash triggered by the Hindenburg Research report has said empirical data showed that retail investors' exposure in the group has increased after January 24, 2023, when the report came out.

The Times of India

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Dynamite News

Adani-Hindenburg row: SC to hear PILs seeking probe today

The Supreme Court will on Wednesday hear a batch of Public Interest Litigations (PILs) seeking an investigation into the Adani Group-Hindenberg report issue and the SEBI's plea for an extension of time to submit the report.

The Hindu

Morning Digest | Congress could appoint new Karnataka CM today; SEBI’s affidavit triggers war of words on probe on Adani, and more

The Hindu Morning Digest brings readers a selected list of top stories to start the day.

The Hindu

Adani-Hindenburg row | Supreme Court confirms receipt of J. Sapre panel report

The Supreme Court said it may consider granting three more months to SEBI for concluding its probe on Hindenburg Foundation’s allegations of manipulation of share prices and fraud against the Adani group.

The Times of India

MSCI kicks two Gautam Adani companies from indexes

NEW YORK: Global index manager MSCI Inc will exclude two Adani Group firms from its India gauge, potentially dealing a blow to their stocks that are trying to recover from the rout triggered by a short-seller report earlier this year.

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360info

'National champion' Adani beneficiary of favours

India’s government appears to have favoured the Adani Group to grow more rapidly than older peers and avoid regulatory scrutiny on potentially serious concerns.

The Hindu

Buying time: on the Securities and Exchange Board of India probe and allegations against Adani group

The Securities and Exchange Board of India’s petition in connection with the Adani group probe does not inspire confidence as far as the investor is concerned

The Hindu

Morning Digest | SEBI seeks six-month extension to complete Adani probe; quarantine facilities set up for Indians arriving from Sudan, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu

SEBI asks SC for six more months to complete probe into Hindenburg report

SEBI has sought more time to complete the probe into the accusations raised by Hindenburg Research’s damning report against the Adani group

Newslaundry

‘Used foreign funds to oppose Adani project’: I-T report on Ritwick Dutta

Before environment lawyer-activist Ritwick Dutta was booked by the CBI, an income tax department report had last year accused him of opposing overseas projects led by Indian entities, including the Adani Group. It had also accused him of using foreign money to partner with domestic NGOs, including an RSS affiliate.

The Hindu

CPI Ramakrishna criticises Amit Shah for his comments

The Times of India

Adani stocks are getting no love from India’s money managers

MUMBAI: Money managers in India have continued to trim holdings of Adani group’s stocks, suggesting concerns about governance remain even as the worst of the rout seems to have passed.

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