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INSANE: 8 - The Real Truth

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 Hindu

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.

The Times of India

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'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.

360info

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

The Hindu

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‘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.

Newslaundry

CPI Ramakrishna criticises Amit Shah for his comments

The Hindu

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.

The Times of India

Four charts map Gautam Adani group’s debt pile, reliance on global banks for funding

MUMBAI: Adani group’s pile of debt increased almost 21% over the past year and the proportion held by global banks rose to nearly a third, according to data seen by Bloomberg that offers an up-to-date snapshot of its financial health.

The Times of India

Lok Sabha Polls: Rahul Gandhi to address public rally, hold road show in Wayanad tomorrow

Congress leader Rahul Gandhi will visit Wayanad in Kerala on Tuesday. During his visit, he will address a public rally and hold a roadshow there. Read further on Dynamite News:

Dynamite News

Cong leader Rahul Gandhi targets Ghulam, Scindia, Himanta, Anil Antony over Adani issue; BJP hits back

A day after NCP chief Sharad Pawar said that there is "no need" for a JPC probe into the findings of the Hindenburg report, a tool Congress and its ally have been using to attack the ruling BJP, party leader Rahul Gandhi on Saturday said that he will not give…

Dynamite News

Sharad Pawar's claim on Adani will not affect Oppn unity: Shiv Sena (UBT) leader Sanjay Raut

Responding to NCP patriarch Sharad Pawar's statement that there was no need for a JPC probe into the Hindenburg report on the Adani Group, Sanjay Raut on Saturday said that the same will not affect Opposition unity. Read further on Dynamite News:

Dynamite News

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Dynamite News

"SC panel more reliable than JPC": Pawar reiterates stand amid Opp ruckus over Adani

After his explosive claim on the report by Hindenburg Research against the Adani Group, NCP chief Sharad Pawar on Saturday said there are more important issues such as price rise and farmers' issues that the Opposition should raise instead of giving undue importance to the report by the US short-seller.…

The Times of India

Sharad Pawar: It seems Adani Group was targeted; can’t see logic of JPC demand

NEW DELHI: NCP leader and key Congress ally Sharad Pawar on Friday criticised the campaign against the Adani Group, saying the corporate giant was being targeted, in what is seen as a setback to others in the opposition, especially Rahul Gandhi. He also questioned the logic behind demanding a parliamentary…

Dynamite News

Opposition parties take out 'Tiranga March' from Parliament

Opposition MPs on Thursday took out a 'Tiranga March' from Parliament to Vijay Chowk on the last day of the Budget session of Parliament in the national capital. Read further on Dynamite News:

Financial Times

Rajiv Jain, the investor betting Adani will bounce back from crisis

Founder of GQG ploughed $1.9bn into Indian billionaire’s companies after short seller attack triggered stock plunge

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news in one place.

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The Times of India

Adani stocks fall on report of talks to extend loans

MUMBAI: Adani group stocks slumped to erase over 523 billion rupees ($6.4 billion) in market value on Tuesday, the biggest decline since early February, on renewed concerns over the ports-to-power conglomerate’s ability to repay its debt.

Dynamite News

Rahul Gandhi Again Trains Guns At PM Modi: Why so much fear of probe into Adani issue

Congress leader Rahul Gandhi on Monday again attacked Prime Minister Modi why there was no investigation into the investment of people's retirement fund in the Adani group even after various allegations. Must read further on Dynamite News:

Dynamite News

Rahul Gandhi: Disqualification from Parliament won't silence me on Adani issue

Congress leader Rahul Gandhi addressed a press conference today, a day after his disqualification from the Parliament. Must read further on Dynamite News:

The Times of India

Lok Sabha passes Finance Bill without discussion

NEW DELHI: Amid ruckus by opposition members demanding a JPC probe into the allegations of Hindenburg Research against the Adani group of companies, the Lok Sabha on Friday passed the Finance Bill 2023 giving effect to tax proposals without any debate.

Dynamite News

Parliament Budget Session: Govt scared of JPC on Adani issue, say Opposition MPs

Opposition MPs on Monday held a joint press conference in the Parliament premises and alleged that the Government was scared of constituting a JPC to probe the Adani-Hindenburg issue. Read further on Dynamite News:

The Times of India

Nifty index heads for correction amid global turmoil

MUMBAI: India’s benchmark NSE Nifty 50 Index headed for a technical correction amid the global selloff triggered by rising concerns about the health of Swiss lender Credit Suisse Group AG.

The Times of India

Six Adani group companies settle higher; four firms hit upper circuit

NEW DELHI: Shares of six Adani Group firms out of ten listed entities ended the day in positive territory on Thursday amid an overall weak trend in the equity markets.

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