Adani Group stocks: What’s the outlook after US charges Gautam Adani? Here’s what investors should know – Times of India

Market experts have differing views on Adani shares’ future. Adani Group stocks: The market capitalisation of Adani Group stocks plunged by Rs 2.24 lakh crore, equivalent to $26 billion, following accusations by US authorities against Gautam Adani, his companies and executives regarding bribery and fraud on Thursday.The US Department of Justice‘s (DoJ) allegations against the…

Read More

US indicts Adani for bribing officials in India, misleading investors; issues arrest warrants – Times of India

US prosecutors have indicted billionaire Gautam Adani and his nephew, Sagar Adani, among others, for their alleged role in a $265 million (Rs 2,000 crore) bribery case to secure solar power supply contracts in India, plunging the edible oil-to-ports giant into a second major controversy in 22 months, after the allegations by short-seller Hindenburg Research.Arrest…

Read More

‘PM Modi lying’: Rahul Gandhi says INDIA bloc to break 50% quota cap | India News – Times of India

Congress leader Rahul Gandhi (File photo) NEW DELHI: Rahul Gandhi, leader of the opposition in Lok Sabha, accused PM Modi of lying about him being against reservation, saying the INDIA bloc wants to increase quota beyond the 50 per cent cap.Speaking in poll-bound Jharkhand on Monday, the Congress leader said the “election is the election…

Read More

Why was Adani present at 2019 BJP-NCP meet, asks Rahul Gandhi | India News – Times of India

Congress leader Rahul Gandhi NASHIK/CHHATRAPATI SAMBHAJINAGAR: Congress MP and LoP in Lok Sabha Rahul Gandhi said on Thursday that PM Narendra Modi has “never read the Indian Constitution and, hence, does not know its contents”.Gandhi’s statement comes amid BJP’s attack over the red cover of the copy of the Constitution that Rahul has been carrying…

Read More

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

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…

Read More

Opposition will fight for J&K statehood in Parliament, on streets: Rahul Gandhi | India News – Times of India

JAMMU: Congress MP Rahul Gandhi issued a stern warning to BJP-led Union government Wednesday, vowing that the opposition INDIA bloc will “hit the road and use full force” both inside Parliament and outside if J&K’s statehood is not restored after the ongoing assembly elections. The three-phase elections will wrap up on Oct 1, with votes…

Read More

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

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…

Read More