January 30, 2025
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Tag: Adani Group

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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From Bofors to Harshad Mehta scam: Times when Joint Parliamentary Committees were formed to probe national issues | India News – Times of India

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NEW DELHI: The Congress party on Tuesday passed a resolution to organise a nationwide protest on August 22, pressing the government to establish a Joint Parliamentary Committee (JPC) to investigate allegations made by US-based firm Hindenburg Research against the Sebi chief and the Adani Group.“Today, we held a meeting with AICC general secretaries, incharges, and…

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Hindenburg report: Congress announces nationwide protest on August 22 for Sebi chief resignation | India News – Times of India

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NEW DELHI: Key congress meet led by president Mallikarjun Kharge on Tuesday adopted resolution to hold nationwide agitation on August 22 to demand resignation of Sebi chief Madhabi Puri Buch following accusations by the US-based firm Hindenburg of a conflict of interest which prevented Buch from pressing charges on Adani Group.The Congress agitation on August…

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Hindenburg-Adani saga 2.0: Market impact wanes but politics peaks | India News – Times of India

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NEW DELHI: Once bitten, twice shy. A cautious Indian stock market on Monday successfully negotiated the second Hindenburg salvo at the Adani Group with sensex and Nifty closing marginally lower despite a highly volatile trade through the day. And, while the markets did well to survive the potential Hindenburg disruptions, the politicians were once again…

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Adani Group stocks fall up to 7% on Hindenburg report; investors lose Rs 53,000 crore – Times of India

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Adani Group stocks latest news: Following allegations against Sebi chief Madhabi Buch in the Adani vs Hindenburg controversy, shares of Adani Group companies experienced a decline of up to 7% on Monday morning, as many investors opted for a cautious approach. Consequently, investors suffered a loss of approximately Rs 53,000 crore, with the combined market…

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Full statement of Sebi chief, her husband on Hindenburg allegations – Times of India

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NEW DELHI: Sebi chief Madhabi Puri Buch and her husband Dhaval Buch on Sunday rejected the claims of the fresh Hindenburg Research report alleging that the market regulator body chairperson had stakes in “obscure offshore entities used in Adani money siphoning scandal”.Issuing a point-by-point rebuttal, Madhabi Buch and her husband trashed allegations of impropriety levelled…

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Hindenburg report: Opposition ‘conspiracy’ to destabilise economy, says BJP | India News – Times of India

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NEW DELHI: BJP on Sunday claimed Congress and other opposition parties were part of a conspiracy to create financial instability and chaos in India, as the party rejected Hindenburg’s charge against the Sebi chairperson as an attempt to discredit the financial watchdog.BJP spokesperson Sudhanshu Trivedi said the short-selling firm, which last year levelled serious allegations…

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