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The Latest Breaking News from the Adani Group

Andhra Pradesh CITU leader Narasinga Rao refutes statement issued by Gangavaram Port management

CITU Andhra Pradesh president Narasinga Rao has refuted the statement issued by the Gangavaram Port management that though there were delays in payments by Visakhapatnam Steel Plant, there were no delays in provision of cargo handling services by the port.

The Hindu

Urgent measures required at Muthalapozhi, says V.D. Satheesan

Mr. Satheesan was addressing the protest led by Adoor Prakash, MP, at Muthalapozhi where 69 fishers have so far lost their lives. He said that the Congress-led United Democratic Front (UDF) would continue to take up the issue inside and outside the State Assembly.

The Hindu

Companies that compete with Adani group for ‘prized’ assets face raids from CBI, ED and Income Tax, alleges Congress

“Agencies like the ED and CBI are not only being used to break apart opposition parties,” Mr. Ramesh said.

The Hindu

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Sand, rocks to be removed from Muthalapozhi harbour mouth from August 1

Work on removing accumulated sand and scattered rocks from the Muthalapozhi harbour mouth will begin on Tuesday, the State government said on Monday.

The Hindu

Muthalappozhi: talks with Adani Group on Monday

Under an agreement signed in 2018, the Adani Group has to keep the basin, channel and harbour mouth free of sand and rocks and maintain adequate depth.

The Hindu

Muthalapozhi accidents: Kerala government to hold talks with Adani Group on Tuesday

With recurring fishing boat accidents and deaths at Muthalapozhi in the capital district sparking uproar, the Kerala government has decided to hold urgent talks with the Adani Group on Tuesday and, as a measure to keep the harbour mouth free from the accumulation of sand, implement a sand-bypassing system.

The Hindu

Supreme Court asks SEBI why law was tweaked to remove provisions prohibiting opacity in FPI ownership

The Supreme Court asked SEBI to explain why the law was tweaked in 2018 to junk crucial provisions prohibiting opacity in the ownership structure of FPIs, leading to investigation into the Adani Group hitting a wall

The Hindu

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Explained | Decoding the expert committee report on Adani

Explaining the expert committee report on Adani which has shown regulatory fault with SEBI

The Hindu

Maha Vikas Aghadi will win Mumbai civic polls, says Mumbai Congress chief Varsha Gaikwad

Interview with Varsha Gaikwad, prominent Dalit face of the Congress and four-time MLA from the country‘s biggest slum cluster, Dharavi, who became the first woman president of the Mumbai Congress unit and says Maha Vikas Aghadi will secure victory in the Mumbai civic polls because people prioritise basic civic amenities…

The Hindu

Congress reiterates demand for JPC probe into Hindenburg-Adani issue

The Securities and Exchange Board of India (SEBI) should ensure complete disclosure of ownership of Foreign Portfolio Investors (FPIs) from retrospective effect, the Congress said

The Hindu

How Main Street Investors Can Detect Short Seller Misinformation Campaigns

How to avoid the pitfalls and find a better way to short stocks.

StockNews.com

Rule prohibiting investment by opaque funds done away by SEBI on 'weak grounds', claims Cong

The Congress on Tuesday alleged that a rule prohibiting investment by opaque funds was done away with by SEBI on “weak grounds” and said the market regulator cannot run with the hares by diluting reporting requirements and hunt with the hounds pretending to identify beneficial ownership in opaque tax havens.

The Hindu

An unclean chit: On the SEBI investigation and Hindenburg Research’s allegations

The Court extension to the Securities and Exchange Board of India is a strong case for a closer look at SEBI’s approach to its key mandate of protecting investors

The Hindu

Joint Parliamentary Committee needed to probe allegations against Adani group: Congress

Congress alleges that the Supreme Court-appointed expert committee and the SEBI have “hit walls” while investigating the Adani group’s transactions and stressed the need for a JPC probe

The Hindu

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The Times of India

SC-appointed committee says retail exposure in Adani group increased after Hindenburg report

NEW DELHI: The Supreme Court-appointed expert committee constituted to look into the Adani group shares crash triggered by the Hindenburg Research report has said empirical data showed that retail investors' exposure in the group has increased after January 24, 2023, when the report came out.

The Times of India

Submit report on Adani-Hindenburg probe by August 14, Supreme Court tells Sebi

NEW DELHI: The Supreme Court on Wednesday granted the Securities and Exchange Board of India (Sebi) an additional three months, until August 14, to complete its probe into possible lapses in regulatory disclosures by the Adani Group.

Dynamite News

Adani-Hindenburg row: SC to hear PILs seeking probe today

The Supreme Court will on Wednesday hear a batch of Public Interest Litigations (PILs) seeking an investigation into the Adani Group-Hindenberg report issue and the SEBI's plea for an extension of time to submit the report.

The Hindu

Letters to The Editor — May 17, 2023

Readers’ mail to The Hindu’s Letters to The Editor

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The Hindu

Adani-Hindenburg row: Supreme Court to hear SEBI’s plea on extension of probe time

The Supreme Court adjourned to Tuesday the hearing on a plea of the Securities and Exchange Board of India (SEBI) seeking an extension of six months to complete a probe into allegations of stock price manipulation by the Adani group.

360info

'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.

The Hindu

SEBI should find ultimate beneficial owners of foreign funds invested in the Adani Group, says Congress

The Securities and Exchange Board of India (SEBI) should use all means at its disposal to get clarity about the ultimate beneficial ownership of foreign funds invested in the Adani Group, the Congress said on May 3.

The Hindu

Andhra Pradesh: Data centre, tech park set to transform Visakhapatnam into a Tier-I city, says Chief Minister Jagan Mohan Reddy

The Adani Group’s data centre and Vizag Tech Park Limited will change the future dynamics of broadband services, besides providing direct employment to 39,000 people, says Chief Minister Jagan Mohan Reddy

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

Newslaundry

‘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.

Al Jazeera

Q&A: ‘Chilling’: Journalist sued by Adani, cited by Hindenburg

Veteran Indian journalist Paranjoy Guha Thakurta talks about his reporting, meeting Adani and the cases he faces.

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