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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…
New Delhi: Yet another blow was dealt to Gautam Adani, as the billionaire Indian businessman was charged by US Prosecutors with defrauding investors, hiding plan to bribe Indian officials It has been alleged that Adani duped investors by concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged…
Congress leader Rahul Gandhi on Monday accused the BJP-led central government of transferring Rs 7 lakh crore worth of projects, including Foxconn and Airbus, from Maharashtra to Gujarat. Speaking ahead of the November 20 Maharashtra assembly elections, Gandhi claimed this shift had cost Maharashtra’s youth countless job opportunities. Describing the elections as a “battle of…
In more trouble for embattled businessman Gautam Adani, Adani Energy Solutions received a show-cause notice from capital market regulator Securities and Exchange board of India (SEBI) this week. The market watchdog has alleged wrongful categorisation of certain investors as public shareholders under its minimum shareholding norms. SEBI’s show-cause notice to Adani Energy Solutions is aligned…
Mumbai4 minutes ago copy link Adani Group’s Ambuja Cements Limited today (October 22) announced that it will acquire 46.8% stake in Orient Cement Limited (OCL) for Rs 8,100 crore. This deal will be completed by purchasing stocks from the promoters of OCL and some public shareholders at the rate of Rs 395.4 per share. Ambuja…
Hindi News Business Mukesh Ambani Net Worth Vs Gautam Adani; Forbes India’s 100 Richest List 2024 Mumbai6 minutes ago copy link The wealth of the country’s top 100 rich crossed Rs 90 lakh crore for the first time this year. In one year his wealth increased by more than 40% to Rs 93.64 lakh crore….
New Delhi: Mukesh Ambani, chairman and managing director of Reliance industries has once again secured the top spot on Forbes’ 2024 list of India’s 100 richest tycoons. This year marks a historic milestone, as the collective net worth of the country’s top 100 wealthiest individuals has crossed the trillion-dollar mark for the first time ever,…
Ratan Tata, the former Tata Group chairman has died, the Tata Group said in a statement late on Wednesday. He was 86. The news has been met with an outpouring of tributes and poignant memories from industrialists, politicians and other high-profile figures. “Legends like him never fade away,” wrote Gautam Adani, the chairman of Adani…
Mundra Port has played a pivotal role in India’s maritime infrastructure In a ceremony marking 25 years of Mundra Port, Gujarat Chief Minister Bhupendrabhai Patel released a commemorative postal stamp to honour the port’s contributions to India’s maritime and economic growth. The event, held on World Post Day, highlights the transformation of Mundra Port from…
New Delhi: Workers at Jomo Kenyatta International Airport (JKIA), Kenya’s main international airport in Nairobi have gone on strike, causing flight delays and cancellations for both departing and arriving passengers. The strikes were planned last month but were subsequently delayed multiple times, paving way for negotiations. The Kenya Aviation Workers Union, which represents workers at…