Cross-border commerce of electrical energy is nothing new. It has been occurring for a while now by means of bilateral agreements, memorandum of understandings or energy commerce agreements between the 2 nations. However the current developments in Bangladesh have as soon as once more generated the controversy on the coverage aspect and the component of … Read more
In a brand new twist to the continuing Adani case, US-based short-seller Hindenburg Analysis has made critical allegations in opposition to SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch. Hindenburg’s newest report alleges that the Buchs had stakes in obscure offshore funds linked to the Adani Group’s alleged cash siphoning actions. The report … Read more
The pinnacle of India’s markets regulator, Madhabi Puri Buch, continued to earn income from a consultancy agency throughout her seven-year tenure, probably breaching guidelines for regulatory officers, based on public paperwork reviewed by Reuters. Hindenburg Analysis has alleged a battle of curiosity in Buch’s investigations surrounding the Adani Group because of her earlier investments. The … Read more
Adani group’s airport enterprise noticed a 9 per cent decline in its loss earlier than tax on improved income in first quarter FY 2025 on a year-on-year foundation. The pre-tax loss for the quarter stood at ₹89 crore as towards ₹98 crore in the identical interval final 12 months. The group runs seven airports serving 23 … Read more
Adani Group Share Costs/ Shares In the present day Dwell Updates 2 July 2024: Adani Group shares have been buying and selling flat in early commerce on Tuesday. US short-seller Hindenburg Analysis, which had rocked the Adani Group with allegations of inventory market manipulation and accounting fraud, on Tuesday stated it has obtained a present … Read more
Consolidation within the cement business continues, with Adani-owned Ambuja Cements saying a 100 per cent acquisition of Hyderabad-based Penna Cements Industries Restricted (PCIL) for an Enterprise worth of ₹10,422 crore. With an operational and to be commercialised capability of 14 million tonnes each year (mtpa), the PCIL deal is valued at $89 per tonne, which … Read more
The Adani Group, which is organising two wind energy tasks in Sri Lanka with a mixed capability of 484 MW, has supplied the most affordable tariff within the nation at 8.25 cents per unit, information confirmed. Put up intense negotiation with the federal government in Colombo, Adani has supplied a tariff of 8.25 cents a … Read more
Adani Enterprises’ shares have reclaimed the degrees seen in January final yr, previous to the damaging allegations levelled by short-seller hedge fund Hindenburg Analysis in opposition to the group triggering a sell-off in group shares that wiped off billions of {dollars} of investor wealth. Additionally learn: Adani Ports & SEZ to interchange Wipro in Sensex … Read more
Fairfax, Adani Group and GMR have expressed curiosity in creating the ₹2,203-crore greenfield airport close to Sipasarubali in Puri. The tender for a public-private partnership (PPP) was floated by the Odisha Industrial Infrastructure Growth Company (IDCO) in February, this 12 months. In accordance with two individuals within the know, the three corporations participated within the … Read more
Huge will get greater — that’s the story of Adani Ports and Particular Financial Zone Ltd (APSEZ), India’s largest personal port operator, because it continues its dominance all the way in which from Mundra in Gujarat on the west coast to Kolkata in West Bengal on the east coast. It controls almost 28 per cent … Read more