The Supreme Court on Friday said that it will not accept the sealed cover suggestion by the Centre on the appointment of the committee related to regulatory mechanisms to protect the investors in the backdrop of the Adani-Hindenburg case and said that it wants to maintain full transparenc
Billionaire investor Geroge Soros on Thursday weighed in on the ongoing Adani-Hindenburg row, stated that Prime Minister Narendra Modi is "silent" on the issue and will have to "answer questions from foreign investors and in Parliament."
A financial scam of this size did not take place till date and in this connection, Congress leaders are addressing media in 23 prominent cities under 'Hum Adani Ke Hai Kaun' campaign, said the senior Congress leader while addressing a press conference in Raipur on Friday.
Soros at the Munich Security Conference on Thursday said Prime Minister Modi would be weakened by the stock woes of business tycoon and alleged close ally Gautam Adani, "opening the door" to a democratic revival in the country.
George Soros, a billionaire investor termed Prime Minister Narendra Modi and business tycoon Gautam Adani as close allies amid a stock market selloff in the conglomerate's listed entities after a US-based short seller levelled allegations against the group by Hindenburg Research.
Addressing a press conference at the BJP's Delhi headquarters on Friday, the Union minister said, "George Soros, who hedges bets against many countries, has now made known his ill intentions in the democratic processes of India."
Besides seeking a direction to the Centre and its agencies to render cooperation in the probe, the PIL has sought a direction to appoint a retired judge of the apex court "or a committee to oversee and monitor the inquiry and investigation".
The domestic markets on Thursday ended almost flat while tracking global cues amid the country's declining trade deficit. Adani Group firms' slow recovery also helped investors gain confidence in the markets
The block is situated in the Malkangiri district of Odisha over an area of 547 hectare with an estimated limestone resource of 141 million tonnes having an average CaO (calcium oxide) content of 43.74 per cent.
The critical indices of the domestic market -- BSE Sensex went up 335 points to 61,610.20 while Nifty gained 94 points to 18,113.15 on Thursday morning.
"Why are you (the government) running away from discussing the issue in both the houses of Parliament? We are demanding a probe by the Joint Parliamentary Committee (JPC) and if there is nothing then get it investigated," said CM Baghel.
The Supreme Court on Wednesday tagged Congress leader Jaya Thakur's plea seeking an investigation against Adani Group and its associates in the light of disclosure made by Hindenburg Research report with two other petitions related to it and listed it for hearing on February 17.