NEW DELHI: Congress leader and Lok Sabha leader of opposition Rahul Gandhi on Friday responded to PM Modi‘s recent remark to US press on Adani Group row. He said that the issue is not a “personal matter” but rather a matter of the country.“Narendra Modi ji, this is not a personal matter. It’s a matter…
NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi slammed Prime Minister Narendra Modi for dismissing the question on Gautam Adani indictment issue in the US. He said that the PM was “shielding” his “friend” by calling it a “personal matter”.“Silence on questions at home, ‘personal matter’ abroad! Even in the US, Modi Ji…
Prime Minister Narendra Modi on Thursday responded firmly when asked whether the Adani Group matter was discussed during his talks with US President Trump, stating that such individual matters are not discussed between leaders of nations.“India is a democracy and our culture is ‘Vasudhaiva Kutumbakam’, we consider the whole world as one family. I believe…
NEW DELHI: Lok Sabha was adjourned as soon as it resumed on Thursday as Congress disrupted proceedings demanding a discussion on a project awarded to Adani group by relaxing security protocols, a charge the party had also raised a day before.Congress had moved an adjournment motion urging the Speaker to discuss matters related to relaxation…
In a written communication to Sri Lanka’s Board of Investment (BOI) dated Wednesday, Adani expressed respect for the government’s stance. The Adani Group on Thursday said that it has pulled out of further engagement in a $442 million wind power venture in Sri Lanka after the country’s authorities attempted to modify the agreement.In a media…
TOI correspondent from Washington: Asserting that a 50-year old US anti-bribery act is inhibiting American global competitiveness, US President Donald Trump has paused enforcement of the law, implicitly providing relief to India’s Adani group, whose executives were being prosecuted under the law by the Biden administration. In an executive order he signed on Monday, Trump…
NEW DELHI: Prime Minister Narendra Modi Friday took a jibe at opposition and said it was perhaps the first time in many years that no attempt had been made from abroad to “spark a fire” in the country ahead of Parliament session, in what was seen as a reference to short-seller Hindenburg Research downing its…
NEW DELHI: Adani Group has denied the reports of cancellation of power purchase deal with Sri Lanka and called it “false and misleading”. It categorically mentioned that the projects were still on amid US indictment. “Reports that Adani’s 484 MW wind power projects in Mannar and Pooneryn have been cancelled are false and misleading. We…
On November 21, US authorities indicted Gautam Adani and associates, alleging payment of bribes. Gautam Adani-led Adani Group has hired prominent US law firms, including Kirkland & Ellis and Quinn Emanuel Urquhart & Sullivan LLP, to handle civil and criminal proceedings initiated by the SEC and the Eastern District of New York, sources told ET….
MUMBAI: Hindenburg Research, the US-based short-seller whose reports had shaved off about $140 billion from Adani Group‘s market valuation in early 2023, pushed the Indian govt and markets regulator Sebi on the backfoot, and left Indian investors divided whether to support it or oppose, is winding down. Calling Adani’s businesses “the largest con in corporate…
