Corporate Conduct
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Adani Power violated Companies Act in two cases, rules Registrar of Companies
In one case, the firm has been found guilty of not disclosing related-party transactions. In the other, it was fined for delay in filing annual returns.
Scroll Staff
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ED searches premises linked to Byju’s over alleged foreign exchange rule violations
Incriminating documents and digital data related to the online learning platform were seized during the searches, the Enforcement Directorate said.
Scroll Staff
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Gautam Adani’s brother, not the Adani Group, owns Ambuja Cements: Report
The group in 2022 announced acquisition of Ambuja Cements and its subsidiary. But ‘Morning Context’ reported that Vinod Adani was an ultimate beneficial owner.
Scroll Staff
Trending
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What Sudhir Kakar (1938-2024) had to say on violence, secularism, and religion in India
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‘Supporter of BJP met me’: Surat candidates on the various reasons they withdrew from the election
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Microcontrollers in EVMs, VVPATs do not recognise party and candidate, observes Supreme Court
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‘Extrajudicial killings, arbitrary arrests’: US government report flags human rights abuses in India
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For better or for worse? Shifts in gender norms in India – in 12 charts
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Adani Group ‘almost certainly’ manipulated its entries on Wikipedia, alleges site’s newspaper
The online encyclopedia’s independent newspaper claimed that fake accounts and undeclared paid editors created or revised nine articles about the conglomerate.
Scroll Staff
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Probe allegations against ‘PM-blessed’ Adani Group, Congress MP Jairam Ramesh urges RBI, SEBI
He remarked that the Life Insurance Corporation of India and the State Bank of India have been ‘unusually generous’ towards the group in recent years.
Scroll Staff
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Hindenburg report: France’s TotalEnergies puts on hold hydrogen deal with Adani Group
The partnership was announced in June and TotalEnergies was slated to take a 25% stake in the project.
Scroll Staff
Video
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Watch: K-Pop singer Aoora sings in Assamese as he collaborates with Nilotpal Bora in a new folk song
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Watch Anu Malik and Sonu Nigam’s impromptu performance of ‘Main Hoon Na’ at Farah Khan’s home
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Watch: Doordarshan newsreader faints on live TV in Kolkata owing to severe heat
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Watch: Spice Girls sing ‘Stop’ as bandmates reunite to celebrate Victoria Beckham’s 50th birthday
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Watch: Over 350 ballerinas come together to break the world record for standing on tip toes
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Exposure of banks to Adani Group not large enough to damage credit quality, say rating agencies
‘Risks for banks can increase if Adani becomes more reliant on bank loans,’ according to Moody’s.
Scroll Staff
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Adani Group’s decision to withdraw FPO has not impacted India’s image, says Nirmala Sitharaman
The Union finance minister said there has been an accretion of $8 billion to the forex reserves in the last two days alone.
Scroll Staff
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After Adani calls Hindenburg report an attack on India, firm says nationalism can’t obfuscate fraud
The US-based short seller, Hindenburg Research, had last week accused the conglomerate of engaging in stock manipulation.
Scroll Staff
The Reel
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In ‘Tahader Katha’, the many partitions endured by a freedom fighter
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Watch: Ryan Reynolds and Hugh Jackman in ‘Deadpool & Wolverine’ trailer
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Start the week with a film: A legend returns in ‘Bob Marley: One Love’
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In Cannes-bound ‘In Retreat’, a Ladakh that has rarely been seen before
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‘Trap’ trailer: M Night Shyamalan’s thriller stars Josh Hartnett as a serial killer
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Rout in Adani Group shares continues for second day after Hindenburg allegations
The conglomerate has slipped more than Rs 4.20 lakh crore in market capitalisation, and equity investors have lost over Rs 12 lakh crore in two days.
Scroll Staff
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Adani Group mulling legal action against Hindenburg Research over stock manipulation allegations
Hindenburg Research said that it fully stands by its report and added that any legal action against it would by meritless.
Scroll Staff
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Adani shares plunge on manipulation allegations; group says claims are malicious
Adani Group said the report is ‘malicious’ and ‘baseless’.
Scroll Staff
The Field
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IPL 2024: Delhi Capitals hold their nerve to beat Gujarat Titans in a high-scoring thriller
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Boxing: Preeti to headline India’s 50-member squad for Asian U-22 & Youth Boxing Championship
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Watch, highlights ISL 2023-24: Odisha FC beat Mohun Bagan Super Giant in first leg of semi-final
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Archery, World Cup Stage I: Indian men’s and women’s compound teams through to finals
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ISL 2023-24: How first-time head coach Petr Kratky helped Mumbai City FC pick up the pieces