India's market regulator is investigating a possible violation of 'related party' transaction rules in the Adani Group's dealings with at least three offshore entities that have links to the brother of the conglomerate's founder, two people said.

India regulator probing some Adani offshore deals for possible rule violations

India's market regulator, SEBI is investigating possible violation of transaction rules in the Adani Group's dealings with at least three offshore entities that have links to the brother of the conglomerate's founder.

SEBI investigates Adani's offshore deals for possible rule violations

Indian opposition leader from the Congress party, Salman Khurshid said Wednesday that Indian Prime Minister Narendra Modi is willing to destroy Democracy in order to save his “Param Mitr” (translated to Best Friend) Indian billionaire Gautam Adani.

PM Modi willing to destroy democracy to save Indian billionaire Adani: Senior Congress leader Salman Khurshid

Due to governance weaknesses at the parent conglomerate and other Adani group companies, two Adani Group subsidiaries are susceptible to "heightened contagion risks," which might undermine their financial flexibility, according to rating agency Fitch. In a report published late on Tuesday, Fitch stated that Adani Transmission Ltd., Adani Ports, and the Special Economic Zone are vulnerable to risks.

Adani's cash generating companies under scrutiny, says Fitch

Rahul Gandhi, the Congress leader, conducted his first press conference since being disqualified from the Lok Sabha this afternoon. The news conference started at 1 p.m. Gandhi lost his MP designation on Thursday after a Gujarat court found him guilty of criminal defamation and sentenced him to two years in prison.

Rahul Gandhi: Will continue to raise questions over tycoon Adani

Two months after accusing India's Adani Enterprises of fraud, US investment group Hindenburg Research launched a new salvo on Thursday, this time against Jack Dorsey's mobile payments firm Block, saying it "widely overstated" its user base.

After Adani, Hindenburg targets Twitter founder's Block

Hindenburg Research, the American research firm said in its report on Thursday that Jack Dorsey's Block has "systematically taken advantage of the demographics it claims to be helping".

Hindenburg's next target is Jack Dorsey's payment app's firm, Block

Weeks after targeting Adani Group, Hindenburg has said that it will be releasing a new report soon and promised it to be a 'big one'. "New report soon—another big one," Hindenburg Research wrote on Twitter. However, it did not provide any further details on it. Earlier in January this year, the New York-based firm, run by Nate Anderson, had come up with a report on billionaire Gautam Adani's group. Following this, the market value of Adani Group and companies saw a decline of more than 150 billion in about five weeks.

After Adani BOMBSHELL, Hindenburg Research TEASES another BIG REPORT

As many as three Adani Group stocks - Adani Enterprises, Adani Power Ltd and Adani Wilmar- have been put under the short-term additional surveillance mechanism (ASM) framework, said a circular by National Stock Exchange (NSE). The order will come into effect from Thursday, the circular said.

Adani stocks put under short-term surveillance by NSE

The first significant investment in the Indian conglomerate after a stock crash was caused by a negative report from short-sellers was made by U.S. boutique investment firm GQG Partners Inc., which purchased shares worth $1.87 billion in four Adani group companies.

Adani group sells stake of $1.8 BN to GQG

Adani empire's shares surged on Friday after an Indian-led US boutique investment firm, GQG, buys a $1.87 billion worth stake in the group. That marks the first significant investment in the Indian business empire since Hindenburg's report sparked a stock rout.

Adani stocks surge for the fourth day after a $1.8 billion stake sale

GQG, led by Chairman and CIO Rajiv Jain, bought shares of Adani Ports and Special Economic Zone Ltd, Adani Green Energy Ltd, Adani Transmission Ltd and Adani Enterprises Ltd via a series of secondary block trade transactions on the BSE and National Stock Exchange.

GQG Partners invests $1.87 bn in four Adani group firms

LIC stocks have plunged ever since the explosive Hindenburg report was published. How does the Adani saga affect you? Are your lifelong savings in danger? Molly Gambhir reports.

Gravitas: Are your lifelong savings in danger?

The Supreme Court of India on Thursday constituted an expert-level committee headed by Justice AM Sapre, a retired judge of the apex court to look into the allegations made in the Hindenburg report against the Adani group.

Adani-Hindenburg: Supreme Court constitutes expert panel, issues two-month deadline to SEBI

Adani group has said that it has secured around $ 3 billion loan from sovereign wealth fund. Road show that concluded on Wednesday suggested that sovereign wealth funds credit line could be increased to about five billion dollars.

Adani secures $3 billion loan from wealth fund

U.S research firm Hindenburg alleged that the Adani group misused the tax havens and indulged in stock price manipulations on Jan 24. Since then seven of Adani's listed stock have lost over $140 billion.

Adani stocks market rout over $140 billion

Vikram Chandra brings you a quick round-up of all top headlines and international breakings from all across the globe.

This World Headlines: China declares victory over Covid-19 | Wikipedia accuses Adani of manipulation

Wikipedia has accused Gautam Adani of spreading 'disinformation' by manipulating entries linked to the Indian billionaire's firms and family members. The charges worsened Adani's stock market rout, which swelled to $132 billion. | Molly Gambhir explains.

Gravitas: Wikipedia accused Adani of spreading 'disinformation'

For Indian truckers transporting cement from Adani's factories, Hindenburg's critical research report on the giant conglomerate was a godsend they say helped them save their livelihoods.

Indian truckers: Hinderburg report "godsent" in Adani dispute

Hindenburg's report on the Adani group is a godsent for Indian truckers delivering cement from the business empire's factories in a hilly north Indian state. Truckers claim the US research firm's report has helped them salvage their livelihoods.

In dispute with Adani, Indian truckers say Hindenburg's report a 'godsent'

The Securities and Exchange Board of India (SEBI), the Indian capital markets regulator, has sought details of all ratings of local loans and securities of Adani group companies from credit rating firms amid the ongoing crisis that has hit the conglomerate since the release of the Hindenburg report.

India's market regulator seeks details of loans and securities of Adani companies

Problems are piling up for the Adani Group. While Adani Group's market rout deepens further and shares tank, Wikipedia accuses Adani staff of Manipulation.

Wikipedia accuses Adani staff of Manipulation while Adani Group's market rout deepens further

The Adani-Hindenburg saga still continues. This time around, the allegation of fraud in Adani's Australian firm has surfaced. Hindenburg report questions 3 transactions.

Adani Australia controversy: Allegation of fraud in Adani's Australia firm

Adani Group stocks combine market valuation falls to below a $100 billion, the market route now topping $135 billion since a damaging. Report by the US research firm, Hindenburg, hit to the group's valuation is broadly driven by the allegations.

Adani stocks' market value below $100 billion, market valuation hit by Hindenburg's allegations

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