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HISTORICAL FACTS: 6 - The Untold Story

Gautam Adani to revamp family offices, hire auditors and CEO to boost oversight

Billionaire Gautam Adani plans to appoint auditors from a top global firm and hire a chief executive officer for his family offices to bring a level of disclosure often associated with listed companies, people familiar with the matter said.

The Times of India · Aug 22, 2024

Adani Group Faces Market Turmoil Amid Allegations

Adani Group faces billion losses after Hindenburg Research's accusations of offshore fund links.

Hindenburg made just $4 million from $153 billion Adani rout

It was one of the most impactful short-seller reports ever: Hindenburg Research’s 2023 broadside against the Adani Group erased as much as $153 billion of market value.

The Times of India · Jul 2, 2024

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Hindenburg lashes out on Sebi over Adani report

Hindenburg Research called out the Securities and Exchange Board of India(Sebi) for failing to address the fraud it alleged in a short-selling report on the Adani Group early last year, after receiving a notice from the regulator in June.

The Times of India · Jul 2, 2024

Paytm denies media report on stake sale to Adani Group, terms it "Speculative"

Paytm informed stock exchanges in a filing that the company is not engaged in any discussions in this regard. Read further on Dynamite News:

Dynamite News · May 29, 2024

New evidence bolsters allegations Adani Group overcharged for coal

On January 9, 2014, the bulk carrier MV Kalliopi L docked at Ennore port in Chennai, the southern Indian city in Tamil Nadu, after a fourteen-day voyage from Indonesia. It carried 69,925 metric tons of coal destined for the state’s power company.

Newslaundry · May 22, 2024

India's Adani Group To Build World's Largest Renewable Park

Adani Green Energy's Khavda Renewable Energy Park in Gujarat is set to be the world's largest, powering 16 million homes with clean electricity.

Congress promises to set up parliamentary committee to probe violations of Adani Group

The Congress reiterated its position of setting up a joint parliamentary committee to investigate allegations of violations of rules by the Adani Group, if the party came to power at the Centre

The Hindu · Apr 23, 2024

SEBI said to find Adani offshore investors in violation of disclosure rules

SEBI finds offshore funds violating disclosure rules and investment limits in Adani Group, some opt for penalty settlement.

The Hindu · Apr 23, 2024

Adani to invest $14 billion in FY25

Adani group plans to invest more than ₹1.2 lakh crore (about $14 billion) across its portfolio companies

The Hindu · Mar 17, 2024

Morning Digest | U.S. probing Gautam Adani, Group over potential bribery; BRS MLC K. Kavitha arrested after ED searches, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on March 16, 2024

The Hindu · Mar 16, 2024

Dharavi rehabilitation project: mapping of slum cluster in heart of Mumbai to begin soon

The Dharavi Redevelopment Project in Mumbai is set to begin mapping the slum cluster, with a survey to determine eligibility for rehabilitation.

The Hindu · Jan 22, 2024

Adani Group to invest ₹12,400 cr in Telangana in the coming years

Adani Group announces investments of ₹12,400 crore in Telangana for various projects including data centers and cement grinding unit.

The Hindu · Jan 17, 2024

Year after NDTV exit, Prannoy Roy returns with new venture deKoder

Nearly one year after the Adani Group’s takeover of NDTV, the channel’s founder Prannoy Roy has returned with his new venture deKoder – an AI-driven website and app to analyse issues in several Indian languages.

Newslaundry · Jan 15, 2024

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Dynamite News · Jan 10, 2024

Ambani, Adani and Tatas line up fresh investments in Gujarat

Remaining highly bullish on India's growth story, top business leaders Mukesh Ambani, Gautam Adani, and N Chandrasekaran committed more investments in Gujarat on Wednesday to further grow their presence in the coastal state. Read further on Dynamite News:

The Hindu · Jan 10, 2024

Adani Group to invest ₹2 lakh crore in Gujarat in next five years

Billionaire Gautam Adani announced an investment of over ₹2 lakh crore in Gujarat, largely in building a green energy park that would be visible even from space.

The Times of India · Jan 5, 2024

Gautam Adani’s rollercoaster ride: From Hindenburg’s hit to historic comeback

In late January 2023, Hindenburg Research, a US-based short-selling firm, caused a stir in the financial world with its report targeting Gautam Adani, who was then Asia's wealthiest individual. The report accused Adani Group, the apples to airport conglomerate, of "brazen stock manipulation and accounting fraud scheme over the course…

The Hindu · Jan 5, 2024

Chess prodigy Praggnanandhaa receives backing from Adani Group

Adani Group backs 18-year-old Grandmaster R. Praggnanandhaa for Candidates chess tournament in Toronto, aiming to win laurels for India.

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The Times of India · Jan 5, 2024

Gautam Adani meets chess prodigy Praggnanandhaa, extends support

NEW DELHI: Adani Group chairman Gautam Adani met with the rising chess sensation, Rameshbabu Praggnanandhaa, on Friday, expressing admiration for the young prodigy's achievements.

The Hindu · Jan 3, 2024

Adani Group keen on investing in Telangana

Adani Group keen to invest in Telangana, Chief Minister A. Revanth Reddy welcomes investment plans.

The Hindu · Jan 3, 2024

Adani-Hindenburg case verdict: Key takeaways

The Hindu decodes the key takeaways from the Supreme Court’s verdict in the Adani-Hindenburg case

The Hindu · Jan 3, 2024

Supreme Court verdict on Adani probe ‘extraordinarily generous’ to SEBI: Congress

The Supreme Court’s decision not to transfer the probe into allegations of stock price manipulation by the Adani group to the CBI or to a special investigation team, instead giving an additional three months to SEBI, is “extraordinarily generous”, the Congress said

The Times of India · Jan 3, 2024

Adani-Hindenburg row: Supreme Court upholds Sebi's probe, dismisses need for further investigation

In a significant development, the Supreme Court of India has reinforced the Securities and Exchange Board of India's (Sebi) ongoing investigation into the Adani-Hindenburg controversy. The apex court dismissed the need for further probes, emphasizing the adequacy of Sebi's efforts in addressing allegations of accounting fraud and stock manipulation by…

International Business Times · Jan 3, 2024

India Top Court Declines To Order New Probe Against Billionaire Gautam Adani's Companies

India's top court on Wednesday rejected pleas to set up a new panel to probe allegations of fraud made against the Adani group by short seller Hindenburg Research.

Dynamite News · Jan 3, 2024

Supreme Court declines to order SIT or CBI probe in Adani-Hindenburg row

In a relief to the Adani group of companies, the Supreme Court on Wednesday declined to transfer the probe from Securities and Exchange Board of India (SEBI) to a Special Investigation Team (SIT) or CBI into the Adani-Hindenburg issue over allegations of stock price manipulation by the Indian corporate giant.…

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