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Winter Session of the Parliament Adjourned After Opposition Demands Answers on Adani Bribery Charges & Bonds Prices

25 Nov 2024

The winter session of parliament was put on hold on Monday after Opposition leaders demanded discussion on United States $265 million bribery charges against India’s conglomerate Adani Group’s seven members, including chairman, Gautam Adani. Due to this Adani dollar bond prices fell to one-year low as investor and lenders weighed...

Supreme Court rules no regulatory failure by SEBI in Adani-Hindenburg row

03 Jan 2024

The Supreme Court has ruled that the Securities and Exchange Board of India (SEBI) did not exhibit any regulatory failure in the Adani-Hindenburg controversy. The judgment emphasizes that reliance on unverified press reports is insufficient and cannot serve as a foundation for regulatory lapses. The case, extensively covered by @DebayonRoy,...

Adani Group Ranked Second Globally Among Large-Scale Solar PV Developers by Mercom Capital

09 Dec 2023

Gautam Adani, Chairman of Adani Group, expressed his delight after Mercom Capital ranked the conglomerate as the second-largest global player among large-scale solar PV developers. This recognition underscores Adani Group's commitment as a significant global contributor to renewable energy and aligns with their ambitious target of achieving 45 GW of...