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Rahul Gandhi Renews Demand For Parliamentary Panel Probe Against Adani Says “Something Clearly Wrong” Deets Inside!

SHIVANI UJJAINWALSeptember 1, 20230

A report by the Organised Crime and Corruption Reporting Project prompted Rahul to launch a new attack against the Adani Group. Former ally NCP had previously rejected his request for a JPC investigation. Rahul Gandhi, the leader of the Congress, urged Prime Minister Narendra Modi to provide clarification on claims of round-tripping of funds against the Adani Group on the first day of the two-day meeting of the Opposition alliance INDIA in Mumbai.  Rahul launched a new attack on the Adani Group at the same time that the Organised Crime and Corruption Reporting Project (OCCRP), a global network of investigative journalists, published a report with information that appeared to support the idea that people "closely associated" with the Adani family engaged in stock price manipulation t

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Days After Disqualification, Rahul Gandhi Arrives At Parliament To Attend Meeting Of Congress MPs: Deets Inside!

SHIVANI UJJAINWALMarch 29, 20230

Rahul Gandhi arrives at the Parliament to address the gathering of Congress MPs after being disqualified from the Lok Sabha following his conviction in a defamation case in 2019 for his statement about the "Modi surname." Rahul Gandhi, the leader of the Congress, arrived at the Parliament on Wednesday to attend the gathering of Congress MPs from the Lok Sabha and Rajya Sabha at the CPP office after he was expelled from the Lok Sabha following his conviction in a defamation case in 2019 for his remark about the "Modi surname." Sanjay Raut, the leader of the Shiv Sena's Uddhav faction, also met with Rahul Gandhi. The meeting took place at a time when the Thackeray camp had decided to avoid the opposition gathering because of Rahul Gandhi's comments regarding Savarkar. Rahul Gandhi sai

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From Hindenburg Report To Stock Rout: A Critical Analysis Of Adani Catastrophe

Sayani ChakrabortyMarch 8, 20230

The enormous fluctuations in the market value and fortunes of the Adani Group are almost unreal, like something out of a fairy tale. Since a short seller agency, Hindenburg Research, made serious accusations regarding the use of widespread illegalities by the group, I believe history will view this as a singular event, at least for India, due to the magnitude and speed with which the changes occurred, both during the spectacular ascent and the subsequent decline. Adani's route to success began in 1999, when it joined with Singapore's Wilmar to become an importer of palm oil. In a short amount of time, seven corporations affiliated with the Adani group accumulated control of practically all of India's infrastructure, including seaports, highways, airports, data storage facilities, defe...

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Home Minister Amit Shah Says Over Adani, “BJP Has Nothing To Hide Or Be Afraid Of”Checkout Deets!!!

SHIVANI UJJAINWALFebruary 14, 20230

Amit Shah refuted accusations of crony capitalism and advised the opposition to go to court if they had evidence of the Modi administration "favouring" Gautam Adani. The home minister responded on Tuesday to accusations from the opposition that his party was favouring the conglomerate challenged by a U.S. short seller by saying that there was "nothing to conceal or be scared of" regarding the situation surrounding the Adani Group. The seven listed businesses bearing the name of billionaire Gautam Adani have collectively lost over $120 billion in market value since a Hindenburg Research study on January 24 alleging inappropriate use of offshore tax havens and stock manipulation. Gautam Adani is the head of the business house. Hindenburg has been warned with legal action by the Adani

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As Financial Market Panic Grows, Sebi And RBI Must Move Quickly To Help Adani Group

Sayani ChakrabortyFebruary 11, 20230

After Adani Enterprises cancelled its fully subscribed follow-on public offering (FPO), the price of its stock dropped by 27% to Rs 1,565.30 the next day. Currently, it's at a price that's around 50% lower than the FPO floor. Since January 24th, the market value of the seven Adani listed firms has dropped by more over $100 billion. As a result of these changes, authorities and politicians in India took swift action. The problem was sufficiently pressing that Parliament had to adjourn. Banks have been questioned about their exposure to Adani companies by the Reserve Bank of India, the Securities and Exchange Board of India (SEBI), and the National Stock Exchange (NSE). There are now commercial and financial ties between international markets and Indian businesses. The global finan...

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