“It restores the importance of the rule of law and separation of powers,” Harish Salve said. New Delhi: The Supreme Court judgment backing the Securities and Exchanges Board of India or SEBI in the Hindenburg allegations against the Adani Group makes it clear that the rule of law has made a comeback, veteran lawyer Harish…
New Delhi: The Supreme Court today backed market regulator SEBI’s clean chit to the Adani Group in the Hindenburg case and said the report by the OCCRP – an organisation funded by billionaire George Soros, among others – can’t be the basis for doubting the capital markets regulator’s investigation. While placing confidence in the investigation…
NEW DELHI: All Adani group stocks on Wednesday witnessed a significant surge following the Supreme Court verdict in the Gautam Adani-Hindenburg short selling case. The Adani group shares defied a weak trend in the broader equity market. Adani Energy Solutions zoomed 17.83%, NDTV jumped 11.39%, Adani Total Gas climbed 9.99%, Adani Green Energy soared 9.13%…
Billionaire Gautam Adani and his family plan to inject $1 billion into the group’s renewable energy unit, people familiar with the matter said, as the group races to reach ambitious green goals while facing maturing bonds next year. Adani Green Energy aims to issue preferential shares to the company’s founders for meeting expansion and refinancing…
Billionaire Gautam Adani and his family plan to inject $1 billion into the conglomerate’s renewable energy unit, people familiar with the matter said, as the group races to reach ambitious green goals while facing maturing bonds next year. Adani Green Energy Ltd is looking to issue preferential shares to the company’s founders for meeting expansion…
Image for representation purpose only. | Photo Credit: AP Construction materials maker Ambuja Cements will invest ₹60 billion (nearly $723 million) in renewable power projects, the company said on Dec. 18. The investment will be funded internally and is expected to target a capacity of 1,000 megawatts (MW) through solar and wind power projects in…
NEW DELHI: The Congress on Sunday slammed the government over the Dharavi redevelopment project being given to the Adani group, saying this is an example of how the conglomerate is getting enriched at the expense of people. The Congress’ attack came a day after a protest was held in Mumbai against the Dharavi redevelopment project…
MUMBAI: The rupee witnessed a surprise rally on Friday, breaking the 83 levels against the dollar to trade at an intraday high of 82.93 – up 40 paise in a day. The domestic currency closed at 83, gaining 33 paise from its previous close.Dealers attributed the unexpected rally to a sudden inflow of dollars into…
Experts have noted that Gautam Adani’s investments in renewables will help India cut dependence on oil. New Delhi: What seemed like a difficult year for Gautam Adani is set to end on a brighter note, with the Adani Group’s losses going down significantly to $64 billion as of December 14. According to a report, the…
COLOMBO: Sri Lanka’s government announced Tuesday it had tapped an Australian company to build the island nation’s largest solar energy plant at an expected price tag of $1.7 billion.An unprecedented economic crisis last year saw Sri Lanka hit with blackouts of up to 13 hours each day as power generators ran out of funds to…
