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Rahul Gandhi takes a jibe at PM over Adani issue

Rahul Gandhi takes a jibe at PM over Adani issue

on 18 Feb 2023 , Concise by Arpita,

Amid the Adani- Hindenburg row, rahul Gandhi Accused PM Modi of doing his level best to avert discussion in Parliament. rahul Gandhi demanded a discussion on the same and said that the nation should know the Power backing Aani. “Modi ji will do his best to avert a discussion on Adani ji in Parliament. There is a reason for it and you know that. I want a discussion on the Adani issue and the Truth should come out,” the Congress MP told the media on Monday.

Mallikaarjun Kharge's Louis Vuitton scarf grabs eyeballs in the parliament

Mallikaarjun Kharge's Louis Vuitton scarf grabs eyeballs in the parliament

on 18 Feb 2023 , Concise by Arpita,

Last year Mahua moitra's Louis Vuitton bag created a huge Storm in the Parliament. Now Mallikaarjun Kharge's Louis Vuitton scarf has raised quite a few eyebrows after he wore it on Wednesday. There was an uproar in the Parliament when Kharge Kharge put forth a demand for a JPC probe in the Adani Scam. Piyush Goyal maintained a stand that such a probe cannot Take place in the individual case. "Kharge ji is wearing a Louis Vuitton scarf Today. Should we set up a joint committee to Look into this

Shaktikanta Das on Adani and Hindenburg mishaps impacting on banks

Shaktikanta Das on Adani and Hindenburg mishaps impacting on banks

on 18 Feb 2023 , Concise by Nupursharma,

RBI Governor Shaktikanta das Today has sought an ally concerning the Bank’s financial Health in the aftermath of the Adani and Hindenburg showdown, reiterating all the resilience in the banking system while it steered clear in making any comment on Adani Group Business itself. Hindenburg has alleged that the Adani Group had been overleveraging, which later prompted questions regarding Indian banks’ exposure being in the indebted conglomerate.

IOC contradicts Adani over the terms of the port usage agreement in LPG imports

IOC contradicts Adani over the terms of the port usage agreement in LPG imports

on 18 Feb 2023 , Concise by Nupursharma,

On Thursday, Indian Oil Corporation (IOC) took to Twitter to clarify its agreement with Adani Group's port in Gangavaram, Andhra Pradesh, for the importation of LPG in addition to existing contracts with close-by ports. The statement, made in reply to Trinamool Congress MP Mahua Moitra's allegations of a scam in hiring the port facility without a tender, refuted Adani Ports and Special Economic Zone Ltd earning call presentation that mentioned an agreement with IOCL for a "take-or-pay c

BJP MPs Moved against Rahul Gandhi on the PM’s Remarks

BJP MPs Moved against Rahul Gandhi on the PM’s Remarks

on 8 Feb 2023 , Concise by Nupursharma,

BJP MP Nishikant Dubey has recently called out for Action against the Congress Leader rahul Gandhi for attacking Prime Minister Narendra Modi in Parliament on his links with billionaire Gautam Adani and mentioned the statements to be misleading, derogatory, and indecent. Mr. Dubey has also written to Lok Sabha Speaker Om Birla to accuse rahul Gandhi of violating the Rules by misleading the house and accusing PM Modi of crony capitalism without any Documentary evidence.

Adani Group plans to trim its capital and spend plans amid Hindenburg row

Adani Group plans to trim its capital and spend plans amid Hindenburg row

on 6 Feb 2023 , Concise by Nupursharma,

The Adani Group has reportedly decided to trim its capital spending plans amid a recent high-profile row with activist investor Hindenburg Research. According to a report in the Economic Times, Adani Group is reducing its capital expenditure plans for the next three years by 40-45%. The move is being seen as a result of the ongoing feud between the group and Hindenburg Research, one of the world’s largest short-sellers. Hindenburg Research alleged that Adani Group had inflated the value

Adani group continues to face stock rout

Adani group continues to face stock rout

on 4 Feb 2023 , Concise by Arpita,

The Adani group continues to face a brutal stock rout. This is an indication that Adani needs to build confidence in his financial health. Earlier he was accused in a stellar seller report which had brought his market value down. Ten stocks of this group ha fell 10% which resulte in almost 50% plunge.

Mallikarjun Kharge calls for meeting to discuss strategy during ongoing budget session

Mallikarjun Kharge calls for meeting to discuss strategy during ongoing budget session

on 4 Feb 2023 , Concise by Arpita,

Mallikarjun Kharge Congress party President called for an urgent Meeting on Friday at 10 am. This Meeting was also attended by as many as 16 Opposition party MPs. The purpose of this Meeting was to discuss and frame a strategy during the budget session. "Floor Leaders of Opposition Parties will be Meeting at 10 am in chamber of LoP @kharge -ji in Parliament House to coordinate strategy. The demand remains the same. Only an independent investigation will save LIC, SBI and other institutio

Stock Exchanges placed 3 Adani Group Formed

Stock Exchanges placed 3 Adani Group Formed

on 4 Feb 2023 , Concise by Nupursharma,

On Wednesday, India's leading stock exchanges, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), placed three Adani Group firms under short-term surveillance as their shares rose sharply in the last few trading sessions. The three firms that were placed under surveillance are Adani Enterprises, Adani Total Gas, and Adani Power. The exchanges have asked the companies to submit a response to queries raised by them on the sudden rise in share prices. The exchanges said that

Adani Group got $400 Million as an Investment

Adani Group got $400 Million as an Investment

on 1 Feb 2023 , Concise by Nupursharma,

Adani Group, a leading Indian conglomerate, has announced that it has received a $400 million investment from UAE Royals in its share sale. The investment comes as part of Adani Group's plans to raise funds for its various business ventures. A consortium is making the investment of investors led by the Abu Dhabi Investment Authority (ADIA) and Mubadala Investment Company, both of which are based in the UAE. The consortium is investing in Adani Group's equity shares as part of a preferential

Australian regulator to review Hindenburg report on Adani group

Australian regulator to review Hindenburg report on Adani group

on 1 Feb 2023 , Concise by Arpita,

A few days ago Hindenburg Research had shown concerns about Gautam Adani's group that triggered $65 billion in Indian stocks. To this Adani replied that it was a "calculated attack" on inia and also made the comparison of this with a colonial-era massacre. Australian corporate regulator will review this report regarding Aani.

Adani Group hitting back at Hindenburg Research reportedly says it's 'nothing but a lie

Adani Group hitting back at Hindenburg Research reportedly says it's 'nothing but a lie

on 30 Jan 2023 , Concise by Nupursharma,

The Adani Group has strongly refuted allegations made by the US-based short-seller Hindenburg Research in a report released last week. The report claimed that Adani Group had engaged in fraudulent transactions and inflated revenue figures. The Adani Group said the report is "nothing but a lie and a malicious attack." The Group has always maintained the highest corporate governance, integrity, and transparency levels. The Adani Group has taken legal action against Hindenburg Researc

Adani Groups entered Indian cricket

Adani Groups entered Indian cricket

on 27 Jan 2023 , Concise by Nupursharma,

Today in a significant Development, Adani Groups has entered Indian Cricket/>Cricket by bagging the Ahmedabad franchise in the Women's Indian Premier League (IPL) for a staggering Rs 1,289 crore. Adani Groups, a Gujarat-based conglomerate, has become the First corporate house in India to own a Women's IPL team. The team will be named Adani Challengers Ahmedabad. The President of the Board of Control for Cricket/>Cricket in India (Bcci), Sourav Ganguly, confirmed the news at the virtual

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