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Tremendous jump in all shares of Adani Group, Adani Green Energy gained 4.75%. Breaking News (Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.) (Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.) Source link [ad_3]
Adani Green Energy gave clarification – “No allegations against Adani family members” breaking news (Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.) (Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.) Source link [ad_3]
New Delhi: Trouble further mounted on the Adani Group after ratings agency Moody’s downgraded the rating outlook of seven Adani companies from stable to negative. “We have changed the outlook on all seven issuers to negative from stable,” said Moody’s. “Moody’s said on Tuesday that it had cut the outlook on the ratings of seven…
The winter session of Parliament is set to begin today, with 16 bills, including one to amend the Waqf Act, on the government’s agenda. Five of these bills are scheduled for introduction and passage, while 11 are up for consideration and passing. The five new bills include the Merchant Shipping Bill, Coastal Shipping Bill, Indian…
New Delhi: Adani Group Chief Financial Officer (CFO) Jugeshinder Singh on Saturday addressed the ongoing controversy surrounding allegations of fraud against the group, clarifying that the allegations pertain to a single contract involving Adani Green Energy, which represents approximately 10 per cent of the company’s overall business. In a post on X, Singh said none…
New Delhi: The Adani Group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after the US’ allegations, saying it had not entered into any binding agreement to operate Kenya’s main airport. On the pact it had signed last month to build and operate key electricity transmission lines in Kenya…
New Delhi: Shares of six Adani group firms bounced back on Friday from the previous day’s sharp drubbing, in tandem with a bull rally in the equity market wherein the BSE benchmark Sensex zoomed 1,961 points. The stock of Ambuja Cements jumped 3.50 per cent, ACC climbed 3.17 per cent, the group’s flagship firm Adani…
Washington: The White House has said it is aware of the allegations against Indian billionaire Gautam Adani, chairman of Adani Group, who was indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme. Addressing reporters during her daily briefing, White House Press Secretary Karine Jean-Pierre expressed confidence that Indian and…
New Delhi: International rating agency Moody’s has said that US prosecutors’ indictment of Gautam Adani, his nephew Sagar and other defendants for paying over USD 250 million in bribes between 2020 and 2024 to Indian government officials to win solar energy contracts can be Credit Negative for the group companies. “The indictment of Adani Group’s…
New Delhi: As Adani Group Chairman Gautam Adani found himself embroiled in a USD 250 million bribery case by US Prosecutors, the company’s stocks came massively falling on Indian bourses. Shares of Adani Group of companies saw a decline of between 10 and 20 percent on Thursday (November 21). Adani Energy Solutions stock came down…