Congress MP Manickam Tagore on Wednesday gave an Adjournment Motion notice in the Lok Sabha to discuss the "government's failure in constituting a joint Parliamentary Committee (JPC)" to investigate the Adani Group matter.
The notice submitted by Pramod Tiwari, read, "I hereby give notice under Rule 267 of the Rules of Procedure and Conduct of Business in the Council of States (Rajya Sabha) of my intention to move the following motion for the suspension of business listed for 15 March 2023".
Life Insurance Corporation's (LIC) outstanding debt exposure in Adani Group of companies declined from Rs 6,347 crore at the end of 2022 to Rs 6,183 crore on March 5, 2023, government data tabled in Parliament showed on Monday.
BSE Sensex was down 210 points or 0.35 per cent to Rs 60,079.18 while 50-share Nifty were 80 points or 0.45 per cent to Rs 17,673.65. The two key indices had made gains for three consecutive sessions on Friday, Monday and Wednesday. In three consecutive sessions, the Sensex gained 2.44 per c
Congress MP and the party's general secretary (Communications), All India Congress Committee (AICC), Jairam Ramesh on Tuesday posed three fresh questions to the BJP-led central government amid the Hindenburg-Adani row.
Along with the repayments done earlier in the month of February, the conglomerate said Adani has prepaid USD 2,016 million of share-backed financing, which is consistent with promoters' commitment to prepay all share-backed financing before March 31, 2023, according to a statement from Adani
Adani Group firms such as Adani Enterprises, Adani Green, Adani Transmission, Adani Wilmar, Adani Ports and Adani Power made gains during Friday's session. After opening at 17,451.25, the Nifty extended gains during the day and settled near the 17,600 level.
Indian stocks rose substantially Friday morning, partly due to fresh buying after the latest consecutive session losses. Strength in overnight US stocks too lent support.
GQG reportedly took a 3.4 per cent stake in Adani Enterprises for around 662 million, 4.1 per cent in Adani Ports for USD 640 million, 2.5 per cent in Adani Transmission for USD 230 million, and a 3.5 per cent stake in Adani Green Energy for USD 340 million.
The investment has made GQG a key investor in the development and growth of critical Indian infrastructure. Jefferies India acted as the sole broker for the transaction.
The Supreme Court on Thursday said that a six-member committee headed by former Justice Abhay Manohar Sapre will assess and suggest a regulatory framework to protect investors against market volatility and for making recommendations to strengthen it.