SRINAGAR — National Conference president Farooq Abdullah on Thursday said the Centre should take the allegations against the Adani group seriously and investigate the matter thoroughly. The former chief minister said while he does not have much information about the issue related to the Adani group, there have been allegations of wrong doing earlier as […]
Tag: Gautam Adani
Rahul Gandhi demands tycoon Gautam Adani’s arrest after US charges
NEW DELHI — Billionaire Indian tycoon Gautam Adani should be arrested after US prosecutors charged him with paying more than $250 million in bribes to secure lucrative government contracts, opposition leader Rahul Gandhi said Thursday. Gandhi’s demand came after shares in the industrialist’s conglomerate nosedived nearly 20 percent in Mumbai, the morning after a bombshell […]
Indian Billionaire Gautam Adani charged in US over massive bribery scheme
NEW DELHI — Billionaire Indian industrialist Gautam Adani has been charged with paying hundreds of millions of dollars of bribes and hiding the payments from investors, US prosecutors said on Wednesday. With a business empire spanning coal, airports, cement and media, the chairman of Adani Group has been rocked in recent years by corporate fraud […]
Adani Group to take full control of IANS after raising stake to over 99 per cent
NEW DELHI — Billionaire Gautam Adani’s conglomerate Adani Group is set to take complete ownership of news agency IANS India Pvt Ltd by raising its stake in the company, further expanding its media presence after acquiring NDTV. In December 2023, Adani Group had picked up the controlling stake in IANS at 50.50 percent. Now, the […]
SC refuses SIT probe into stock price manipulation allegations against Adani group
NEW DELHI — In a relief to the Adani Group, the Supreme Court on Wednesday refused to transfer the probe into the allegations of stock price manipulation by the Indian corporate giant to a special investigation team and directed market regulator SEBI to complete its probe into two pending cases within three months. Holding that […]