Stock prices of Adani group companies soared on Friday also as the Supreme Court heard and reserved its verdict on a batch of petitions seeking examination of allegations of fraud against the conglomerate.
Notably, Karaikal Port is an all-weather deep-water port on India’s eastern coast that was developed on the Build, Operate and Transfer format under the Public-Private Partnership by the Government of Puducherry.
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Adani-Hindenburg issue: Supreme Court said transparency is necessary in the matter so that the interest of the investors can be protected.
Adani row: The plea has also sought a court-monitored probe, under the leadership of a retired Supreme Court judge, into the report which has made a slew of allegations against the Adani Group.
Solicitor General Tushar Mehta, appearing for the Centre and SEBI, offered to provide names of domain experts and the scope of the mandate in a sealer cover to the court this week.
The row around Adani Groups may be settled in the share market but in the political corridor, it is still snowballing as Congress has been adamant on its demand for a JPC probe into the matter.
Adani Row: Now, regulator body SEBI's response will decide the future course of action. Investors are keenly following the developments as the matter created a panic in the investors' circle.
Reserve Bank Governor Shaktikanta Das rejected speculations about Indian banks may have exposure to ongoing market turbulence prompted by the Adnai row.
8 out of 10 listed Adani Group firms saw an upward trend on BSE while, two remained in red zone.
BJP stepped up attacks against Congress leader Rahul Gandhi after he leveled a series of allegations during his speech in Lok Sabha on Tuesday.
Budget Session of Parliament LIVE UPDATES: Congress MP Rahul Gandhi's speech on Adani row added flames in the ongoing political battle between the grand old party and ruling BJP. The Parliament proceeding may face obstacles as the Opposition is adamant on JPC or SC-monitored probe into the matter.
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Adani Enterprises FPO managed to sail through after a lacklustre start to its Rs 20,000 crore ($2.5 billion) follow-on public offer, with only a 1% subscription on the first day of the share sale.
Adani Enterprises' Rs 20,000 crore ($2.5 billion) follow-on public offer only saw a 1% subscription on the first day, with retail and institutional buyers showing limited interest.
Adani Enterprises FPO will remain open from January 27 to January 31. The price band of per share is fixed between Rs 3112 to Rs 3276.
Invest Rajasthan 2022 Summit: Adani Group chairman Gautam Adani, while speaking at Invest Rajasthan 2022 Summit, in Jaipur has praised the effort of the government to push the economy of the state.
Adani Airport Holdings Ltd handle around 200 million consumers, including passengers and non-passengers.
New Delhi: Amid reports that Adani Port and SEZ Ltd (APSEZ) was spared a hefty fine of Rs 200 crore for environmental damage during construction of Mundra port, the Environment Ministry on Sunday said the
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