Photo: India Today
Shiv Sena Leader Sanjay Raut Remarks Against Modi In Adani Row
Shiv Sena (UBT) MP Sanjay Raut Wednesday seconded Delhi Chief Minister Arvind Kejriwal’s claim that all the wealth of industrialist Gautam Adani belongs to Prime Minister Narendra Modi. “I agree with Kejriwal’s statement. All the money which is with Adani in fact belongs to PM Modi and it needs to be probed…Adani is being protected because of all that …During his chief ministership… Adani’s empire came into existence," said Raut.
Tags: Sanjay Raut, Indian Politics, adani row, Hindenburg, PM Narendra Modi
Courtesy: The Indian Express
Photo: India Today
We Want Complete Transparency Into Adani Row, Rejects Centre's Suggestion: SC
The Supreme Court (SC) reviewed the ongoing Adani V/S Hindenburg issue, on February 17. The Top Court during its proceedings rejected the 'sealed cover' suggestion of the expert panel. The court asked for transparency into the matter and said, "We will not accept the sealed cover suggestion by you because we want to maintain full transparency." Furthermore, the SC bench reserved its order on the appointment of a committee probe.
Tags: adani row, Supreme Court, Sealed Cover Suggestion, PM Modi Govt, Hindenburg
Courtesy: The Indian Express
Photo: The Indian Express
Former UK PM Boris Johnsons Brother Quits As Director Of Adani Linked Firm
After the Hindenburg-Adani issue, 50-year-old Lord Jo Johnson has resigned as the director of Elara Capital, an investment firm linked to Adani Group. At the same time, Johnson has cited a lack of expertise as a reason to quit from the firm. Besides the loss of $100 million, the Adani group is likely to lose investors and is also on the watchlist of the Reserve Bank of India.
Tags: Adani Groups, Elara Capital, Boris Johnson Brother, Hindenburg, business
Courtesy: The Free Press Journal
Photo: Business Standard
Adani Slips To 11th Spot In Billionaire Index Amid Hindenburg Claims
Amid the Hindenburg Research claims of fraud, the Adani Group has lost $34 billion in just 3 days. On January 31, the fortune of Gautam Adani slipped to $84.4 billion, throwing the company to the 11th spot from the previous 4th position in Bloomberg's Billionaire Index. The current war between Hindenburg and Adani left the company with a $68 billion washed-away market value, currently.
Tags: Gautam Adani, Billionaire Index, Adani Groups, Fraud Claims, Hindenburg
Courtesy: Hindustan Times
