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YOU WONT BELIEVE: 10 - What They Never Told You

SC seeks Sebi's response on petitions related to Hindenburg report on Adani Group by February 13

NEW DELHI: The Supreme Court on Friday sought the Securities and Exchange Board of India's (Sebi) response on 2 PILs accusing the market regulator of inaction in regulating the share markets in the face of Hindenburg report which resulted in crash of Adani group company share prices & massive loss…

The Times of India

Sensex, Nifty clock gains for 2nd day

MUMBAI: Rising for the second straight session, equity benchmark sensex climbed 142 points on Thursday following buying in IT and finance stocks amid a positive trend in global markets.

The Times of India

Adani group shares extend gain as traders await earnings reports

MUMBAI: Shares of most Adani group companies rosehttps://timesofindia.indiatimes.com/business/india-business/adani-ports-mulls-repaying-605-million-debt-to-calm-investors/articleshow/97714253.cms, extending their rebound from a selloff that has erased more than $100 billion from the Indian conglomerate’s market value.

The Times of India

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Adani ports mulls repaying $605 million debt to calm investors

NEW DELHI: Gautam Adani’s ports unit is considering to repay about 50 billion rupees ($604.6 million) of loans, as the beleaguered Indian tycoon seeks to trim debt after a short seller attack put his empire’s financial health and corporate governance under scrutiny.

The Times of India

Adani Green Energy Q3 net profit more than doubles to Rs 103 crore

NEW DELHI: Adani Green Energy's consolidated net profit more than doubled to Rs 103 crore in the December quarter, mainly on the back of higher revenues.

The Times of India

Majority of Adani group firms end lower; group companies combined mcap dips by Rs 9.5 lakh crore

NEW DELHI: Shares of most of the Adani group firms ended lower on Monday, with the group companies' combined mcap witnessing a sharp fall of Rs 9.5 lakh crore after US-based short-seller Hindenburg Research's adverse report.

The Times of India

It’s tough to short Gautam Adani stocks listed in India. Here’s why

NEW DELHI: Hindenburg Research’s decision to only go short on Adani Group securities outside India has highlighted the limitations of the practice in the nation and the peculiarities of the business empire itself.

The Times of India

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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

Banking sector remains resilient and stable, says RBI

NEW DELHI: The Reserve Bank of India (RBI) on Friday said that the Indian banking sector remains resilient and stable.

The Times of India

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

Stock market investors lose more than Rs 10.73 lakh crore in two trading sessions

NEW DELHI: Investors' wealth eroded by more than Rs 10.73 lakh crore in just two trading sessions as the market slumped and benchmark BSE sensex slid 1,647.85 points.

The Times of India

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

Hindenburg Research stands by its report on Adani, will seek disclosures in US court proceedings

NEW DELHI: Threatened with legal action, US activist investor Hindenburg Research on Thursday said it stands by its report that alleged "brazen" market manipulation and accounting fraud by the Adani group, saying it has a long list of documents it will demand in a legal discovery process.

The Times of India

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The Guardian - UK

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 Times of India

BCCI rakes in Rs 4669.99 crore from sale of Women's Premier League teams

MUMBAI: Women's cricket has touched a new glass ceiling in India. It is the latest goldmine that the Indian cricket Board has discovered. On Wednesday, five companies, with the Adani Group leading the race, which made the highest bid-Rs 1289 crore-for the Ahmedabad franchise, splurged as much as Rs 4669.99…

The Times of India

Adani now plans to enter water segment; FPO opens January 27

MUMBAI: Adani Enterprises, which is launching India Inc's second-largest follow-on public offer worth Rs 20,000 crore next week, on Thursday said it is planning to enter the water segment as this is a key element of its core business of infrastructure.

Newslaundry

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.

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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.

ABC News

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.

Newcastle Herald

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

Newslaundry

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…

The Times of India

Adani Group bags Dharavi redevelop project with a Rs 5,069 crore bid

MUMBAI: The Adani Group has emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project, a top official said on Tuesday.

The Guardian - AU

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

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