The total income of the flagship firm of the Adani Group went up 26 per cent to Rs 31,716 crore during the reviewed quarter whereas its Ebitda surged 157 per cent to Rs 3,957 crore in March quarter over the figure of the previous year's quarter.
Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, announced financial results for the quarter and fiscal year ended on 31 March 2023 and reported robust growth in Revenues, EBITDA and Cash Profit.
As SEBI sought a six-month extension to complete the probe related to Hindenburg Research's allegations against Adani Group, Congress leader Jairam Ramesh on Monday claimed that the financial markets regulator may have found irregularities worthy of investigation while urging it to logically
Investors' sentiments across the world by and large will be influenced by the FOMC meeting outcome. It is expected that the European Central Bank (ECB) will announce its interest rate decision on May 4.
"We have welcomed the investigation, which represents a fair opportunity for everyone to be heard and for all issues to be addressed. We are fully compliant with all laws, rules and regulations and are confident that truth will prevail. We are fully cooperating with SEBI and will continue to
Supreme Court on March 2 set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies. The committee will consist of six members, headed by former apex court judge Justice AM Sapre.The top court had then asked SEBI to file a status report withi
ACC Limited, a cement maker and part of the diversified Adani Group, announced the financial results for the quarter and full year that ended in March 2023.
The letter written to the Securities and Exchange Board of India (SEBI)'s Chairman, Madhabi Puri Buch, reads, "This letter is in reference to my earlier letter dated 3rd February, 2023, regarding alleged irregularities by the Adani Group."
"I think it's a fact that Israel allowed an Indian company to acquire one of the two ports Israel has. It's a testimony that we trust the Indian business people. We trust the Indian government," Nir Barkat said in an interview with ANI.
The Adani Group has outrightly refuted the recent Financial Times report on foreign direct investment into the conglomerate and asked the publication to take down the story immediately from its website.
Assam Chief Minister Himanta Biswa Sarma on Sunday said that he will be file a defamation suit against Congress leader Rahul Gandhi over his tweet linking him to the Adani Group.