ADANI
Debayan Roy (Bar Bench) 25 November 2024
A plea has been moved before the Supreme Court seeking to place additional documents on record and highlight new facts regarding alleged malpractices by the Adani Group, following recent indictments in the United States.

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Moneylife Digital Team 22 November 2024
Soon after the US Securities and Exchange Commission (SEC) and the attorney's office for the eastern district of New York filed civil and criminal charges against Gautam Adani, his nephew Sagar Adani, and other executives of the Adani group, Kenya decided to cancel airport and energy deals signed with the Indian conglomerate.

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Moneylife Digital Team 22 November 2024
GQG Partners Inc, one of the first investors to acquire a stake in the Adani group post the Hindenburg scandal in 2023, says it is monitoring the charges brought by the US attorney's office for the eastern district of New York and the US Securities and Exchange Commission (SEC) against Gautam Adani and certain other Adani group executives and companies, says a report from CNBC TV18.

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Moneylife Digital Team 13 September 2024
US short-seller Hindenburg Research alleged that the Swiss authorities had frozen more than US$310mn (million) in funds across multiple bank accounts as part of a money laundering and securities forgery investigation into the Adani group, dating back as early as 2021. Adani group, however, has rejected the allegations.

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Moneylife Digital Team 11 August 2024
Hindenburg Research alleged that SEBI chairperson Madhabi Puri Buch had a stake in obscure offshore entities used in the Adani money siphoning scandal. Ms Buch, however, 'strongly' denied the 'baseless' allegations and insinuations made in the Hindenburg report.

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Moneylife Digital Team 03 May 2024
The Gautam Adani-led Adani Enterprises Ltd says it received two show-cause notices (SCNs) from market regulator Securities and Exchange Board of India (SEBI) over alleged non-compliance in related party transactions. However, it says there is no material consequential effect of these SCNs.

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Once again, an anonymous source at the Indian capital market regulator has leaked information to a leading news agency about a price-sensitive investigation.

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Moneylife Digital Team 23 April 2024
According to individuals familiar with the matter, India’s market regulator Securities and Exchange Board of India (SEBI), has found that a group of offshore funds investing in companies under the Adani umbrella have breached disclosure regulations and exceeded investment thresholds.

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Moneylife Digital Team/ IANS 03 January 2024
The Supreme Court on Wednesday refused to form any SIT or group of experts to conduct an investigation into the Adani-Hindenburg controversy saying that the media and third party reports were not conclusive proof.

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Moneylife Digital Team 13 October 2023
The Adani Group, the politically connected conglomerate that dominates large parts of India's economy, appears to have imported billions of dollars of coal at prices well above market value,

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Moneylife Digital Team 12 September 2023
Market regulator Securities and Exchange Board of India (SEBI) and its then chairman UK Sinha, did not act on an alert raised by the directorate of revenue intelligence (DRI) on the Adani group and failed to conduct an investigation based on the DRI alert, alleges a petitioner in a recent affidavit filed before the Supreme Court in the Adani-Hindenburg matter.

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IANS 04 September 2023
The Supreme Court is slated to consider on September 15 the fresh status report filed by Securities Exchange Board of India (SEBI) in the Adani-Hindenburg matter.

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Moneylife Digital Team 01 September 2023
A non-profit global network of investigative journalists, Organised Crime and Corruption Reporting Project (OCCRP), says in an article crores of rupees were invested in listed stocks of India's Adani group via 'opaque' funds from Mauritius that 'obscured' the involvement of alleged business partners of the Adani family.

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Moneylife Digital Team 25 August 2023
Market regulator Securities and Exchange Board of India (SEBI) has submitted a status report before the Supreme Court on its investigation report on the Adani-Hindenburg issue, including alleged stock market manipulation in the scrips of Adani group companies.

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Moneylife Digital Team 14 August 2023
Market regulator Securities and Exchange Board of India (SEBI) has approached the Supreme Court seeking 15 more days for filing its investigation report on the Adani-Hindenburg issue, including alleged stock market manipulation in the scrips of Adani group companies.

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Moneylife Digital Team 31 May 2023
Raising concerns over Adani Ports & Special Economic Zone Ltd's transactions with three entities, the company auditor Deloitte Haskins & Sells LLP says it can only issue a qualified opinion on the accounts due to insufficient disclosures. All three transactions mentioned in the qualified opinion by the auditor were mentioned by US-based Hindenburg Research in its January 2023 report.

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The Supreme Court (SC) hearing on Adani-Hindenburg investigation took a tantalising turn when it ended up embarrassing the finance ministry, to which Securities and Exchange Board of India (SEBI) reports.

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Moneylife Digital Team 20 May 2023
The Justice AM Sapre expert committee appointed by the Supreme Court (SC) appears to have given a clean chit to the Securities and Exchange Board of India (SEBI) on the issue of regulatory failure while passing some strictures about the need for SEBI executives to take a constant stand on issues, especially those decided by the apex court. Meanwhile, the Adani group is also allegedly claiming a clean chit. On the Adani issue, too, barring some ongoing investigations, the Committee seems satisfied that SEBI has done all it can.

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Moneylife Digital Team 16 May 2023
It looks like a war of words has broken out between the Union ministry of finance (MoF) and the market regulator over a rejoinder filed by the Securities and Exchange Board of India (SEBI). While SEBI told the Supreme Court that the allegations that it has been investigating the Adani group since 2016 are

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Moneylife Digital Team 17 March 2023
Gautam Adani-led Adani group on Thursday clarified that as per the applicable Indian regulations, Vinod Adani, elder brother of the group head, is part of the promoter group of various listed entities within the group.

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