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…
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…
A Kenyan court suspended a govt plan to allow Adani Airport Holdings to operate its main airport for 30 years until it rules on the matter.The high court issued the order prohibiting any person from implementing or acting on the privately initiated proposal by Adani until the matter is determined, according to Faith Odhiambo, president…
According to a report by Informa Connect Academy, Elon Musk, the entrepreneur behind Tesla, SpaceX, and X (formerly Twitter), is on track to become the world’s first trillionaire by 2027. The report, titled “2024 Trillion Dollar Club,” highlights Musk’s average annual wealth growth rate of 110%, which has propelled him to the top of the…
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…
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…
MUMBAI: India’s billionaire count crossed the triple century mark, with 334 billionaires compared to 259 in 2023 and 109 in 2014. This year’s Hurun Rich List includes 1,539 individuals with a net worth of Rs 1,000 crore or more – an increase of 220 from last year, and with 272 new entrants. The wealth calculations…
Hurun India Rich List 2024: India’s billionaire count has reached a new milestone, with the country adding a billionaire every five days in the past year, bringing the total number of US dollar billionaires to over 300 for the first time. The 2024 Hurun India Rich List reveals that India now has 334 billionaires, an…
Billionaire Gautam Adani plans to appoint auditors from a top global firm and hire a chief executive officer for his family offices to bring a level of disclosure often associated with listed companies, people familiar with the matter said.The founders of the mining-to-media conglomerate are talking to two of the big six accounting firms to…
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…
