A US-based investment firm has accused the Adani group. The group has dismissed the allegations as malicious and untrue. But the response has failed to stop the fall in Adani shares, which have lost $108 billion in value. A political controversy in India has been triggered by accusations of fraud made against the business empire … Read more
Shares of Adani Enterprises hit lowest price since March 2022 after Hindenburg report. Shares in the group’s other businesses also saw losses of around 10% on Thursday. Gautam Adani, 60, no longer Asia’s richest person, has slid down Forbes list. As the situation surrounding billionaire Gautam Adani’s troubled enterprise grew worse, Indian opposition politicians sought … Read more
Sonia Gandhi, the interim head of the Congress, sought out to opposition leaders. Sonia Gandhi delegates Leader of the Opposition (LoP) Mallikarjun Kharge, to coordinate with other politicians while she is ill with Covid. The Congress believes that the country requires a President who can defend the Constitution. Sonia Gandhi, the interim head of the … Read more
