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For the second consecutive year, APSEZ secures top spot in the Environment dimension
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Wilmar to use its core edible oil business as a foundation for FMCG growth, to introduce more global FMCG brands into Indian market
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The comments assume significance amid Adani being indicted in alleged scheme to pay $250 million bribes to Indian officials in exchange for favourable contracts, including from AP
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OCC, founded by the CK Birla Group in Devapur village 42 years ago, was acquired by Adani Cement for an equity value of Rs. 8,100 crore in October. The transaction is set to be completed within the next three to four months, after which the management of the cement company will transition to Adani Cement.
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Whatever decision that New Delhi takes would have far-reaching consequences, not just for the bilateral ties but also for the broader geopolitical landscape
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The protest is in the wake of Adani's indictment in a multi-billion dollar bribery and fraud case by the United States Department of Justice. This apart, the Congress is also protesting alleging negligence by Prime Minister Narendra Modi towards North Eastern States, especially Manipur
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According to Japanese brokerage Nomura, other Indian corporates stay at 'expensive levels' compared to Adani Group companies
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Deputy Chief Minister Mallu Bhatti Vikramarka said the MoUs were only about willingness of companies evincing interest to invest in the State.
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Industry sources say the government has designed the tender condition in such a way that small players cannot fulfil the conditions
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Shares of Ambuja Cements up by 2.90%, Sanghi Industries 2.44%, Adani Ports 2.25%, Adani Wilmar 2.24%
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The Telangana govt has written to the Adani Foundation seeking to stop the transfer of a donation of Rs.100 crore that the group had committed to the Young India Skills University
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Andhra Chief Minister 'promises' to act on the irregularities, says government in possession of the "chargesheet reports" filed in the US
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he said Rahul Gandhi wanted Adani arrested as he was indicted in the US bribery scam. But Revanth Reddy has been signing agreements with Adani.
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The US Securities and Exchange Commission (SEC) filing alleged that the Adani Group, in collaboration with Azure Power, paid $265 million in bribes to state electricity officials across several states, including Andhra Pradesh, Chhattisgarh, Tamil Nadu, Odisha, and Jammu and Kashmir, between 2021 and 2023. These bribes reportedly secured power supply contracts after the Solar Energy Corporation of India faced challenges finding buyers for the 12 gigawatts of solar electricity awarded to Adani and Azure Power in 2020.
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The Congress party has been demanding the union government to constitute a Joint Parliamentary Committee (JPC) on the Adani Group irregularities.
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Speaking to the media at Telangana Bhavan, Rama Rao pointed out that smaller countries like Kenya ended their agreements with Adani after the indictment. "Why can't Telangana do the same?" he asked, accusing both Congress and BJP of double standards. He further challenged Congress leader Rahul Gandhi and Telangana Chief Minister Revanth Reddy to justify their ties with Adani, alleging complicity and hypocrisy.
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Adani Green Energy dropped 10.95 per cent and Adani Energy Solutions tumbled 8.57 per cent to hit the 52-week low of Rs 637.85 on the BSE
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We need to study the report before coming to a conclusion. It would take two to three days, says party spokesperson
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Speaking at a press conference in New Delhi on Wednesday, the Congress MP, while replying to a query that Congress governments in Telangana and Karnataka had signed agreements with Adani, said all those involved with Adani should be investigated, irrespective of who that was
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Moody's Ratings stated that the indictment of Adani Group's chairman and other senior officials on bribery charges is "credit negative" for the group's companies. Billionaire Gautam Adani has been accused by U.S. prosecutors of participating in a scheme to pay over $250 million (approximately ₹2,100 crore) in bribes to Indian officials to secure favorable terms for solar power contracts.