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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‘Knowing we’re mortal gives us purpose’: Nobel laureate Venki Ramakrishnan on his new book
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‘We are living in perpetual fear’: Prajwal Revanna video leaks spark panic among women in Hassan
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In Amit Shah’s Gandhinagar, three Lok Sabha candidates allege they faced pressure to withdraw
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Why is the 2024 Congress manifesto silent on pushing back against majoritarianism? History has clues
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‘Exhuma’ review: A grave holds secrets to a troubled Korean past
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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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Eco India, Episode 259: How future-proof innovations can revolutionize the way we protect nature
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Video: What will it take to bring back peace to Manipur?
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‘Physical building of WhatsApp University’: Satire on viral video of Galgotias University students
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Watch: Meet Sparkles, the new avatar of Boston Dynamics’ robot dog with a special costume
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Watch: Diljit Dosanjh invites young fan on stage, dances with him during his sold-out Vancouver show
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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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‘Presumed Innocent’ trailer: Jake Gyllenhaal plays a lawyer accused of murdering his lover
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‘Lampan’ trailer: Marathi series is based on Prakash Narayan Sant’s stories
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Watch: ‘Murder in Mahim’ series is based on Jerry Pinto’s crime novel
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‘Women Of My Billion’ review: What happens when women get talking
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‘The Broken News’ S2 review: A competent second round of TV channel rivalry
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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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Boxing, Asian U22 & Youth C’ships: Akash, Vishvanath, Nikhil and Preet reach men’s finals
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ISL 2024 final, Mohun Bagan Super Giant vs Mumbai City, live: Top two teams battle for the title
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Hockey: Rohit to lead 20-member Indian junior team in five-match tour of Europe
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IPL 2024: Kolkata beat Mumbai in a thriller at Wankhede for the first time in 12 years
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Boxing, Asian U22 & Youth C’ships: Brijesh, Aryan and five other Indians enter finals