Adani Power’s largest public investor is a ‘single person company’, reports ‘The Indian Express’

Opal Investment Private Limited is one of the 13 overseas funds of the conglomerate under probe by the Securities and Exchange Board of India.

Scroll Staff

· Sep 27, 2023 · 12:10 pm

Two members of panel probing Adani-Hindenburg case have conflict of interest, petitioner tells SC

Another member had ‘figured’ in the Central Bureau of Investigation’s first information report in the ICICI Bank fraud case, the petitioner added.

Scroll Staff

· Sep 18, 2023 · 09:22 pm

Mauritius revoked licences of firm linked to Adani investors, reports Indian Express

The Emerging India Fund Management is the controlling shareholder of two overseas investors of Adani that are under investigation in India.

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· Sep 16, 2023 · 10:24 am

SEBI amended regulations to benefit Adani Group, petitioner alleges before Supreme Court

The petitioner also alleged that the market regulator has a ‘conflict of interest’ in investigating the allegations against the conglomerate.

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· Sep 11, 2023 · 09:46 pm

At least two offshore funds allegedly linked to Adani Group closed after SEBI began probe: Report

One more Mauritius-based fund is also said to be in the process of closing.

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· Sep 07, 2023 · 04:42 pm

SEBI knew about allegations against Adani Group since 2014, letter shows

The chairman of SEBI at that time is now an independent director of Adani-owned NDTV.

Arunabh Saikia

· Sep 01, 2023 · 09:00 am

Adani partners used offshore funds to invest in its shares, alleges report

The Securities and Exchange Board of India was alerted about the funds in 2014, the Organised Crime and Corruption Reporting Project claimed.

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· Aug 31, 2023 · 09:38 am

Adani Group row: SEBI’s inability to arrive at conclusive finding deeply troubling, says Congress

The party reiterated its demand for a Joint Parliamentary Committee, saying that only such a panel could look into allegations of favouritism by the Centre.

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· Aug 26, 2023 · 08:42 pm

Tracking owners of 12 FPIs who hold stake in Adani Group companies, SEBI tells Supreme Court

The market regulator said many of the entities linked to the foreign investors are located in tax haven jurisdictions.

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· Aug 26, 2023 · 12:05 pm

SEBI seeks 15 more days from Supreme Court to complete Adani Group probe

American firm Hindenburg Research has accused the conglomerate of accounting fraud, improper use of tax havens and money laundering.

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· Aug 14, 2023 · 07:07 pm

Deloitte resigns as Adani Ports auditor

The London-based firm had raised concerns about the Hindenburg report in its financial statements.

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· Aug 13, 2023 · 08:46 am

Adani Group faces regulatory scrutiny in US over Hindenburg allegations, reports Bloomberg

The Gautam Adani-led conglomerate said it was not aware of any requests for information being sent to its investors in America.

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· Jun 23, 2023 · 09:52 am