Corporate Conduct
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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
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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
Trending
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Kalakshetra abuse controversy should force a rethink of power hierarchies in ‘classical’ dance world
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Why are Sikhs abroad more pro-Khalistan than community members living in India?
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Watch: Roger Federer gets on the wrong train with Trevor Noah in Swiss tourism advertisement
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Is ‘glass skin’ achievable? A dermatologist answers this and other skincare questions in a new book
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Watch: Men on motorbike try to snatch mobile phone from woman filming video on Bengaluru street
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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
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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
Video
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Watch: Men on motorbike try to snatch mobile phone from woman filming video on Bengaluru street
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Watch: Cricketers Sanju Samson, Yuzvendra Chahal enact comedy scene from popular Malayalam movie
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Watch the first litter of cheetah cubs born in India in over 70 years
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Watch: Pal the German Shepherd takes charge as honorary mayor for Niagara Falls in Ontario, Canada
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Watch: Journalist Nishant Shekhar hilariously mimics everyday conversations in Indian newsroom
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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
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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
The Reel
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‘Dead Ringers’ trailer: David Cronenberg’s acclaimed film is now a series
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‘Mrs Undercover’ trailer: Radhika Apte toggles between housework and espionage
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‘Bholaa’ review: High on action and colour filters
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Watch: The trailer of Mani Ratnam’s ‘Ponniyin Selvan’ part 2 is out
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‘Elemental’ trailer: Fire teams up with water in animated film about elements of nature
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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
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SC refuses to halt inquiry against Flipkart, Amazon for alleged anti-competitive practices
The Competition Commission of India had ordered the inquiry on a complaint that the firms promoted selected sellers on their platforms.
Scroll Staff
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RBI bars Mastercard from adding new customers from July 22 for violating data storage norms
In 2018, the RBI had asked payment system providers operating in the country to store their entire data in India within a period of six months.
Scroll Staff
The Field
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Watch: Roger Federer gets on the wrong train with Trevor Noah in Swiss tourism advertisement
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Spain Masters Super 300: Srikanth beats B Sai Praneeth, PV Sindhu powers through to quarterfinals
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Sports world daily: Sinner through in Miami; Barcelona, Arsenal reach women’s Champions League semis
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IPL 2023: Complete squads, captaincy changes, team-wise schedule, key players and more
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IPL 2023: MI's Rohit Sharma and Mark Boucher on Impact Player rule, plans for the season and more