Gautam Adani News

Ram temple at Ayodhya as corporate India gave leaves to staff and organised special prayers to mark the consecration. Billionaire Mukesh Ambani and his family as well as steel tycoon Lakshmi N MIttal, telecom czar Sunil Bharti Mittal, Reliance Group head Anil Ambani and Aditya Birla group chairperson Kumar Mangalam Birla and his daughter Ananya Birla were among the businessmen in Ayodhya for the consecration of Ram temple.

Gautam Adani summed up as he left Davos after participating in the annual World Economic Forum 2024. In a long LinkedIn post penning his experience during his stay in Davos and the interactions he had with global executives and thought leaders, Gautam Adani concluded that India's message and the actions it has taken resonate with the spirit of multilateralism and inclusiveness. The World Economic Forum's Annual Meeting took place in Davos from January 15-19, 2024. Union Ministers Hardeep Puri, Smriti Irani, and Ashwini Vaishnaw represented India in the Forum. At the 54th World Economic Forum Annual Meeting, global leaders met to rebuild trust, generate new ideas, and create partnerships to advance solutions to the challenges the world faces. «This was the Davos where my fellow countrymen in attendance would have left with their heads a little higher than usual.

Gautam Adani's conglomerate signed four Memorandums of Understanding (MoUs) with the Telangana government for an investment of over Rs 12,400 crore at the World Economic Forum 2024, the company said in a statement on Wednesday. Telangana's newly elected Chief Minister Revanth Reddy and Adani Group Chairman Gautam Adani inked this deal in Davos during the ongoing World Economic Forum.

ALSO READ: Foreign investors keen on India but transparency key factor: WEF investment head 1) Davos 2024 will be hosted between 15 to 19 January 2024. 2) It will be hosted at the local Swiss Alpine School in the heart of Davos.

Business Standard. The billionaire promoters in 2023 swelled to a record high of 152 in 2023 as against 126 in 2022. In addition to this, a 16% uptick was also recorded in their combined net worth in 2023 at $858.3 billion.

Israeli firm NSO Group, is used to gain access to someone's phone messages and emails, peruse photos, eavesdrop on calls, track locations and even film the owner with the camera Notably, the Pegasus spyware is only sold to governments or security agencies -- against journalists and activists in dozens of countries, including India. The investigation revealed that the Pegasus spyware had been extensively used against journalists and activists in dozens of countries, including India.

Nationalist Congress Party president Sharad Pawar on Saturday thanked and praised industrialist Gautam Adani for giving financial help for the construction of a new technology centre in Baramati, of Pune district. Sharad Pawar was addressing the gathering during the inauguration of the Robotic lab in the engineering department of Vidya Pratishthan in Baramati. The Chairman of Finolex J Power Systems Limited Deepak Chabaria was also present at the event. While addressing the gathering during the event, Sharad Pawar said that Vidya Pratishthan Institute has taken up a new project, due to technology the engineering sector is changing rapidly. It is very necessary to create a group (section) that is ready to accept these changes to move ahead. «We are building the first centre for artificial intelligence in India and the construction is underway.

Gautam Adani, who has survived the 2008 terror attack in Mumbai's Taj Hotel and kidnapping incident in 1998, is walking out of 2023 after suffering a loss of about $35 billion from the Hindenburg attack. Following the Hindenburg controversy and subsequent investigation by markets regulator Sebi on allegations of share price manipulation, the 61-year-old tycoon saw the highest decline in his personal wealth globally, data from Bloomberg Billionaires Index shows. In pre-Hindenburg days, the maverick businessman's wealth saw a gravity-defying one-way movement that took him to the position of world's second richest man for a brief period. With his fortune being estimated at around $85 billion, Adani is now the second richest Indian after Mukesh Ambani. In the world order of billionaires, the school dropout now stands at the 15th spot after losing over 29% of his wealth in the worst crisis faced by the apples-to-airport conglomerate’s history. The combined market capitalisation of all 10 listed Adani stocks has now fallen to about Rs 14 lakh crore from over Rs 19 lakh crore before the Hindenburg report was released. At one point during the year, almost 60% of Adani's wealth was wiped off following non-stop selling of Adani stocks.

they were just "rumours". Also Read | India vs Bharat row: Is name change for India to ‘Bharat’ possible? Mahua Moitra was being investigated over the allegations that the Trinamool Congress (TMC) MP took bribes to pose questions against businessman Gautam Adani at the Lok Sabha. An ethics committee sat to probe the allegations.

Reliance Industries (RIL) is in talks with Walt Disney Co to merge their Indian media operations, according to a report by The Economic Times. A newly-formed unit of Reliance's Viacom18 will reportedly absorb Disney's Star India through a share swap deal in January as per the discussions.

Narendra Modi government's stance against corruption. Parliamentary Affairs Minister Pralhad Joshi, who moved a motion to expel the firebrand TMC MP, dismissed the idea of the expulsion being a gender issue. It was rather about ethical questions surrounding Moitra's acceptance of gifts, he said.

carbon-neutral port operations and be Net Zero for APSEZ by 2040. Our climate-friendly transformation includes electrifying all cranes, switching all diesel-based Internal Transfer Vehicles to battery-based ITVs, and installing an additional 1000 MW of captive renewable capacity," the X post read. Gautam Adani also said his conglomerate is pledging mangrove plantations in about 5,000 hectares by the financial year 2024-25.

BENGALURU : Founders of public companies naming their scions as senior executives or board members may find the going harder as the passing of baton comes under greater scrutiny from the world’s biggest public money managers, including Life Insurance Corp. of India (LIC), the country’s largest domestic institutional investor. LIC expressed its unhappiness over 12 proposals pertaining to the appointment or reappointment of the next generation of founders in 11 promoter-led firms between January 2022 and 30 September 2023, according to a Mint review of LIC data on voting records.

Adani Enterprises rose 3.5% to Rs 2,250 in Friday's trade on NSE as the Supreme Court finished hearing on the Hindenburg issue and reserved its order. Other Adani stocks such as NDTV and Adani Power also rose 8.3% and 4.5%, respectively. Adani Energy Solutions, Adani Green Energy, Adani Ports and Adani Total Gas also rose over 1%. Market regulator SEBI on Friday informed the Supreme Court that it will not be seeking an extension to complete its probe in the Adani-Hindenburg matter. A Supreme Court-appointed expert committee had an interim report in May stating that it saw “no evident pattern of manipulation" in billionaire Gautam Adani's companies and there was no regulatory failure. It, however, cited several amendments the SEBI made between 2014 and 2019 that constrained the regulator's ability to investigate, and its probe into alleged violations of money flows from offshore entities has «drawn a blank». Chief Justice of India DY Chandrachud on Friday asked the SEBI, represented by Solicitor General Tushar Mehta what it has been doing on investor value and if it is ensuring their protection. «There is extreme volatility in the stock market.

₹14,00,000 crore over the last nine years was "not borne out on facts". The EC notice said the expression "panauti" ex-facie falls in the equity of the prohibition of section 123 of the Representation of the People Act, dealing with corrupt practices.

AAP's Arvind Kejriwal-- based on complaints filed by Bhartiya Janata Party. Both leaders were issued show cause notice for making claims about Prime Minister Narendra Modi. EC on 13 November issued a show-cause notice to the Aam Aadmi Party (AAP) leader Arvind Kejriwal for alleged disparaging remarks made against PM Modi on its social media handle and asked it to respond to the charge of poll code violation by November 16.

Arvind Kejriwal to explain the statements made online and show cause by Thursday evening. The development came in response to a complaint by the BJP which accused AAP of portraying Prime Minister Narendra Modi in a "disparaging, insulting and defamatory" manner.

Mahua Moitra cash-for-query case: In its 500-page report, the Ethics Committee of Lok Sabha has recommended the “expulsion" of Trinamool Congress MP Mahua Moitra from the Lok Sabha in connection with the allegations against her in the ‘cash-for-query’ case. There are signs that the committee may propose a recommendation against Mahua Moitra in its report to Speaker Om Birla which would probably be accompanied by dissent notes from the Opposition members of the ethics panel.

MP and member of the Parliamentary Committee on Ethics Uttam Kumar Reddy has written to the Chairman of the panel, Vinod Kumar Sonkar, requesting him to postpone Thursday's meeting on the cash-for-query allegations against TMC MP Mahua Moitra. According to a notice from the Lok Sabha secretariat, the meeting, which is to consider and adopt its draft report on the allegations against Moitra, was already postponed to November 9 from November 7.

Mahua Moitra cash-for-query case: Trinamool Congress MP Mahua Moitra, who is being investigated in the ‘cash-for-query’ scam by the Ethics Committee of the Lok Sabha, has taken a jibe at the panel after its meeting to adopt a draft report on her “unethical conduct" was delayed. The ethics panel meeting, headed by BJP's Vinod Kumar Sonkar, was supposed to meet on November 7 but the meeting was postponed to November 9 for the "consideration and adoption" of its draft report.

Tata Motors: Tata Motors Ltd’s passenger electric vehicle subsidiary on Thursday said it will enter a strategic partnership with Jaguar Land Rover, the wholly-owned British luxury vehicle arm of the group, to leverage its electrified modular architecture (EMA) platform and develop its premium pure EV series. Tata Motors reported a consolidated net profit of ₹3,783 crore for the September quarter. Its total consolidated revenue from operations stood at ₹1,05,128 crore.