November 15, 2024
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Tag: Adani Group

‘Congratulations Donald Trump’: Gautam Adani says his group will invest $10 billion in US energy, infra projects – Times of India

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NEW DELHI: Indian industrialist and Adani Group Chairman Gautam Adani congratulated President-elect Donald Trump on Wednesday and announced a $10 billion investment commitment in US energy security and infrastructure projects.Sharing a post on X, Adani said: “Congratulations to Donald Trump. As the partnership between India and the United States deepens, the Adani Group is committed…

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‘Spend their last few days in …’: Congress attacks Mahayuti government over Adani power deal – Times of India

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NEW DELHI: Congress on Monday attacked the Mahayuti government over its decision to award a major power supply contract to the Adani Group, which the party alleged could place a significant financial burden on the consumers of Maharashtra.Congress general secretary Jairam Ramesh challenged the integrity of the bidding process, accusing the state government of manipulating…

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TMC’s Mahua Moitra files complaint against Sebi chief with Lokpal for alleged ‘quid pro quo arrangements’ – Times of India

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NEW DELHI: Trinamool Congress MP Mahua Moitra has filed a complaint with the Lokpal against Securities & Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch, alleging “improper conduct” and “quid pro quo arrangements”.“My LokPal complaint against Ms. Puri-Buch been filed electronically & in physical form. LokPal must within 30 days refer it to CBI/ED…

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Adani Group denies fresh Hindenburg allegations of freeze on Swiss bank accounts – Times of India

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NEW DELHI: Adani Group late Thursday night denied allegations by New York based short-seller Hindenburg Research that Swiss authorities have frozen more than $310 million in funds across half a dozen Swiss bank accounts as part of a money laundering and securities forgery investigation into the group, dating back as early as 2021.Hindenburg made the…

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Swiss authorities freeze more than $310 million linked to Adani Group in money laundering probe, says Hindenburg – Times of India

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Swiss authorities froze over $310 million across six Swiss bank accounts in connection with an investigation into money laundering and securities forgery allegations linked to the Adani Group, alleged Hindenburg Research citing recently released Swiss federal criminal court records.The US short-seller stated that the investigation, which began in 2021, has provided insights into financial practices…

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Hindenburg points to Sebi chief’s silence on charges – Times of India

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MUMBAI: Hindenburg Research on Wednesday pointed out that Sebi chief Madhabi Puri Buch has maintained “complete silence” for weeks despite several entities making fresh charges. “New allegations have emerged that the private consulting entity, 99% owned by Sebi chair Madhabi Puri Buch, accepted payments from multiple listed companies regulated by Sebi during her time as…

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‘Buch’s spouse got Rs 4.78 crore from Mahindra group’: Congress ups ante over Sebi; M&M responds | India News – Times of India

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NEW DELHI: Congress on Tuesday levelled fresh allegations against Madhabi Puri-Buch saying that her spouse received Rs 4.78 crore income from Mahindra and Mahindra Group while Buch was arbitrating cases from the group. It also said that the Sebi chief had 99% stake in Agora Advisory Pvt, a firm which provided consultancy services to M&M,…

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Adani Group partners Israel’s Tower Semiconductor to build $10 billion chip plant in India: All details – Times of India

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India’s richest man Gautam Adani is joining the global semiconductor race. According to a report in Bloomberg, the Adani Group plans to build a semiconductor fabrication plant with Israeli company Tower Semiconductor. The move aims to bolster India’s chipmaking capabilities as semiconductors become a key geopolitical battleground globally. The deal also gives the Israeli chipmaker…

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Tower-Adani JV to set up $10 billion semiconductor unit in Maharashtra; may become India’s 2nd chip manufacturing facility – Times of India

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India’s second chip manufacturing facility soon? The Maharashtra cabinet panel has given the green light to a substantial investment proposal amounting to $10 billion (Rs 83,947 crore) on Thursday. The venture, a collaboration between Tower Semiconductor and the Adani Group, aims to establish a semiconductor chip manufacturing facility at Taloja in Panvel, Devendra Fadnavis, the…

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‘Matter of grave concern …’: Congress on Adani Group’s proposed takeover of Kenya airport | India News – Times of India

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NEW DELHI: Adani Group‘s proposal to take over the airport in Nairobi, which has drawn protests from transport workers of the African nation, was criticised by the Congress which called it a move that could “convert into anger against India and the Indian Government.” Adani Enterprises has established a Kenyan subsidiary in a bid to…

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