Adani-Hindenburg Saga

Adani-Hindenburg Row: SC To Now Hear SEBI’s Plea For Extension On Monday

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[ad_1] New Delhi: The Supreme Court on Friday listed to hear on May 15 (Monday) the Securities and Exchange Board of India’s (SEBI) plea seeking to extend the time to conclude the investigation in the report by US short-seller Hindenburg Research by a period of six months. The bench, led by the Chief Justice of India … Read more

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

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[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

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[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 Group Begins $130 Mn Debt Buyback, First Since Hindenburg Report

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[ad_1] New Delhi: Adani Ports and Special Economic Zone (APSEZ) on Monday started the first debt buyback programme since billionaire Gautam Adani’s conglomerate was targeted by a US short-seller in January. APSEZ floated a tender to buy back as much as USD 130 million of its July 2024 bonds and similar amounts in each … Read more

Adani Power Begins Electricity Supply From Godda Plant To Bangladesh

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[ad_1] New Delhi: Adani Power on Sunday said that it has begun supplying electricity from its plant in Godda in Jharkhand to Bangladesh. Adani Power Ltd (APL), a part of the diversified Adani Group, has commissioned the first 800 MW ultra-super-critical thermal power generation unit at Godda in Jharkhand. The plant has started with supplying 748 … Read more

Adani Ports Completes Acquisition Of Karaikal Port

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[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%

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[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