No Conclusion Of Wrongdoing In SEBI Application To SC: Adani Group

[ad_1] New Delhi: Capital markets regulator SEBI has not concluded any wrongdoing in its application to the country’s top court, seeking six more months to complete a probe into allegations against Adani Group, the conglomerate run by billionaire Gautam Adani said. The Supreme Court had on March 2 asked the Securities and Exchange Board of … Read more

SEBI Seeks 6-Month Extension From SC For Investigating Adani-Hindenburg Case

[ad_1] New Delhi: The Securities and Exchange Board of India (SEBI) has urged the Supreme Court to extend the time to conclude the investigation in the Hindenburg Research report on the Adani Group by a period of six months. In an application moved before the Supreme Court, SEBI submitted that it would take further time to … Read more

Adani Ports Completes Acquisition Of Karaikal Port

[ad_1] New Delhi: Adani Ports and Special Economic Zone Ltd (APSEZ) on Saturday said it has completed the acquisition of Karaikal Port Pvt Ltd (KPPL) pursuant to National Company Law Tribunal (NCLT) approval. Earlier, APSEZ was declared a successful resolution applicant under the Corporate Insolvency Resolution Process (CIRP) of KPPL. Karaikal Port is an all-weather … Read more

All 10 Adani Group Firms End Lower; Adani Power, Adani Transmission Fall Nearly 5%

[ad_1] New Delhi: All the ten listed firms of the Adani group ended the day in the negative territory on Monday, with Adani Power, Adani Transmission, Adani Wilmar, and Adani Total Gas falling nearly 5 percent each. Shares of Adani Power tanked 4.98 percent, Adani Transmission tumbled 4.98 percent, Adani Wilmar dived 4.93 percent and Adani … Read more