Addressing a press conference here on Friday, Prabhakar said Revanth Reddy was very critical about Adani and even called him names and now after coming to power he was joining hands with his companies.
Adani Aerospace and Defence will invest Rs 1,000 crore in counter drone systems and missile development and manufacturing centres at the Adani Aerospace and Defence Park located near Hyderabad.
A bench of Chief Justice of India DY Chandrachud, PS Pardiwala and Manoj Misra said the scope of power of the apex court to enter into the regulatory domain of SEBI is limited.
The opposition party has been questioning the financial dealings of billionaire Gautam Adani's Group after US research firm Hindenburg alleged "irregularities"
Congress alleged that the "Adani scam" has exposed the role tax havens play in hiding large-scale violation of Indian laws, and said the issue should have discussed at the recent G20 Summit
He stated that the Center led by PM Modi has severely damaged the country's economic foundation and has been primarily focused on benefiting a select group of major businesses.
Congress general secretary Jairam Ramesh questioned the role of market regulator SEBI in properly investigating the role of shell companies linked to the Adani Group
Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks
Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based "opaque" investment funds by partners of promoter family
Petroleum and Natural Gas Regulatory Board in an order dated July 14 said Adani Total Gas Ltd does not fulfill the requirements of law and so its application is rejected
