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The Latest Breaking News from Adani

SEBI said to find Adani offshore investors in violation of disclosure rules

SEBI finds offshore funds violating disclosure rules and investment limits in Adani Group, some opt for penalty settlement.

The Hindu

2024 Lok Sabha polls an ideological war, says Rahul Gandhi

Addressing his first election rally in Tamil Nadu this season at Palayamkottai, he said the INDIA bloc was fighting for freedom and equality while the BJP-led combine and Prime Minister Narendra Modi-led government was backing the ideals of the RSS.

The Hindu

Is Science Museum’s green power gallery tainted by fossil-fuel cash?

Museum’s funding by Indian energy group sparks controversy – with activists calling for boycott of ‘tainted’ partnership but others in full support

The Guardian - UK

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CPI seeks stringent action against those involved in Visakhapatnam drugs case

CPI demands action against Visakhapatnam drug case culprits, blames privatisation of ports for illegal drug importation.

The Hindu

Clermont locals pushed for this Queensland mine. Now Adani is fighting for the right not to employ them

The state rescinded its decision over Carmichael mine fly-in, fly-out jobs but it’s unlikely to be the end of the dispute

The Guardian - AU

Regulator snubs revenue projections at Adani-controlled Thiruvananthapuram Airport

Airports Economic Regulatory Authority says Thiruvananthapuram Kerala International Airport Ltd’s F&B and retail revenues are just 12% of the norm in other airports; contract awarded to Adani subsidiary with low revenue sharing structure

The Hindu

Rahul Gandhi extends support to HEC employees in Ranchi

RBharat Jodo Nyay Yatra: ahul Gandhi expresses solidarity with HEC employees who haven't been paid for 25 months, blames PM Modi's government.

The Hindu

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Greta Thunberg and eco-activists stage protest at Science Museum over 'oil and gas sponsorship'

Extinction Rebellion protesters unfurl banners at panel talk in demonstration against sponsors

Evening Standard

‘Abuse of process’: activist Ben Pennings seeks to have Adani case thrown out of court

Application comes after miner amended its statement of claim to remove allegation Pennings accessed confidential information

The Guardian - AU

Morning Mail: US soldiers killed in Jordan, contaminated soil risk, Sinner wins Open thriller

And we dive into the data on which electorates will benefit from Labor’s tax overhaul

The Guardian - AU

A revival of the IMEC idea amid choppy geopolitics

Even if the Yemen conflict, ironically, an offshoot of the Gaza war, abates soon, it has made the case for viable alternatives to the Suez Canal stronger

The Hindu

Adani Group raises stake in IANS, subscribes to fresh shares worth Rs 5 crore

The Adani-owned AMG Media Networks Ltd has increased its stake in news agency IANS to 76 percent after subscribing to fresh shares worth Rs 5 crore, Reuters reported today.

Newslaundry

Adani-Hindenburg case: SC bats for institutional credibility over media, third-party claims

On November 24, hearing the petitions calling for a court-monitored CBI or SIT probe into US-based short seller Hindenburg Research’s allegations against Adani group, a three-judge Supreme Court bench led by CJI DY Chandrachud had stated that it wasn’t convinced of any grounds for doubting the ongoing SEBI probe into…

Newslaundry

Shielding SEBI: On Supreme Court’s ruling and SEBI probe

The Court’s decision to leave the crucial question of SEBI’s perceived tardiness in investigating allegations of corporate malfeasance hints at some judicial abstinence that affects public good

The Hindu

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The Hindu

Adani-Hindenburg case verdict: Key takeaways

The Hindu decodes the key takeaways from the Supreme Court’s verdict in the Adani-Hindenburg case

Newslaundry

‘Investigative reports can’t be taken as credible evidence of SEBI lapse’: SC relief for Adani

The Supreme Court has rejected petitions seeking a court-monitored SIT probe into the allegations part of the Hindenburg Research report about stock price manipulation by the Adani Group.

The Hindu

Adani-Hindenburg case | Supreme Court to deliver verdict on ‘conflict of interest’ allegations against panel

The Supreme Court will pronounce its verdict on January 3, 2024 on a batch of petitions on the Adani-Hindenburg row over allegations of stock price manipulation by the Indian corporate giant.

Newslaundry

Adani’s Dharavi redevelopment: Massive protests, dismal media coverage?

Over the past two decades, several governments in Maharashtra have spoken of giving a facelift to Mumbai’s infamous slum of Dharavi – ostensibly the most thickly-populated area in India. Months after the BJP-Shiv Sena faction assumed power in June last year, the task was assigned to Gautam Adani’s Adani Group…

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Newslaundry

After NDTV, Adani acquires 50.5% stake in news agency IANS

Adani group-owned AMG Media Networks Ltd has acquired a 50.5 percent stake in Delhi-headquartered news agency Indo-Asian News Service or IANS, said the company.

The Hindu

Congress, Sena (UBT) protest against Dharavi redevelopment project

Oppn. parties in Maharashtra criticise govt. for allegedly favouring Adani Group in Dharavi redevelopment project, neglecting welfare of slum's residents.

The Hindu

Uddhav to lead march against Adani group

Shiv Sena leader Uddhav Thackeray announced plans to lead a march to the Adani Group office in Mumbai on Dec 16 to protect the interests of Dharavi residents.

The Hindu

Only one family doing well in India, and that is Adanis: Udhayanidhi Stalin

Udhayanidhi Stalin hit back at PM Modi's allegations of nepotism in DMK, saying only Adanis were doing well in India. He highlighted TN govt's schemes benefiting crores of people & criticized CAG report on Union govt's corruption. He urged people to vote out AIADMK in 2021 & return I.N.D.I.A. to…

The Hindu

Congress leaders telling voters they ‘will defect to BRS after winning’, says KCR

KCR accuses Congress of seeking votes by claiming they'll join BRS after election. PM Modi accused of ignoring SCCL & importing coal from Adani Group in Australia. KCR lists welfare measures implemented by BRS: Rythu Bandhu, old age pensions, free power. Alleges Congress leaders want to dump Dharani if they…

The Hindu

SEBI can’t be expected to take OCCRP allegations in Adani case as gospel truth: SC

Supreme Court said SEBI cannot accept foreign media reports as "gospel truth" on Adani Group's alleged stock manipulation & accounting fraud. SEBI bound by evidentiary requirements & cannot take reports as evidence. SIT to investigate, but SEBI following Justice Sapre committee's suggestions to protect investors.

The Hindu

Caste census is 'X-ray' of country, Congress will conduct it: Rahul Gandhi

Rahul Gandhi raised caste census pitch, saying it is an "X-ray" of the country. He attacked PM Modi for saying there is only one caste in India- the poor, while not mentioning the billionaires' caste. He also said PM means "Panauti Modi", insinuating that Modi brings bad luck.

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