Adani Group says, “The Dharavi project was awarded to the Adani Group through a fair, open, internationally competitive bidding process.

Source: https://indianexpress.com/article/cities/mumbai/adani-statement-dharavi-redevelopment-project-mva-open-bidding-9071101/

Adani Group says, “The Dharavi project was awarded to the Adani Group through a fair, open, internationally competitive bidding process.

Source: https://indianexpress.com/article/cities/mumbai/adani-statement-dharavi-redevelopment-project-mva-open-bidding-9071101/

Adani Group stocks are in several of MSCI’s equity benchmarks including the India, Asia, emerging markets and all-country world stock indices.

Source: https://www.ft.com/content/88e468fd-be08-4fdd-ba5a-f64f06f2bf28

Apart from the Delhi Capitals, Adani Group, through Adani Sportsline Pvt.

Source: https://www.canindia.com/delhi-capitals-offers-coaching-roles-to-wv-raman-jhulan-goswami-for-wpl-report/

“Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations,” Hindenburg said.

Source: https://nypost.com/2023/01/25/short-seller-accuses-gautam-adani-of-largest-con-in-corporate-history/

Foreign portfolio investors in Adani Group stocks are compliant with SEBI's regulations, the committee said.

Source: https://www.ndtv.com/india-news/after-clean-chit-to-adani-group-bjp-leaders-swipe-at-rahul-gandhi-4050262

In a rebuttal that ran over 400 pages, the Adani Group rejected these allegations, calling them a “calculated assault on India.”

Source: https://basquiatstrings.co.uk/adanis-fall-reignites-scrutiny-of-indian-billionaires-close-ties-with-narendra-modi-bt-news

Index provider MSCI said on Thursday it was reviewing the free float status of Adani Group securities after market participants raised concerns about the eligibility of companies in the Indian conglomerate for some of its indexes.

Source: https://biztoc.com/x/5062bdc3efe0d302?ref=ff

Ramesh also said the Adani Group has been known to have operated at least two Shanghai-based shipping companies, one of which was involved in the "illegal sale of petroleum products to the close China ally North Korea".

Source: https://www.siasat.com/congress-points-to-adani-groups-alleged-china-links-questions-ops-in-india-2564826/

Shares in several companies belonging to the Adani Group jumped on Friday after a U.S. investment firm invested nearly $1.9 billion in the embattled Indian conglomerate.

Source: https://www.nytimes.com/2023/03/03/business/dealbook/lawmakers-ai-regulations.html

Thackeray raised the demand that Dharavi residents should get at least 400-500 sq ft homes in the newly redeveloped buildings by Adani Group compared to the 325 sq ft homes.

Source: https://www.freepressjournal.in/mumbai/uddhav-thackeray-spearheads-massive-ubt-protest-against-adanis-involvement-in-dharavi-project-visuals-emerge

The Adani Group has denied the allegations, calling them "malicious" and "baseless" and says it plans have not changed.

Source: https://www.bbc.co.uk/news/world-asia-india-64495573?at_medium=RSS&at_campaign=KARANGA

The development comes amid the ongoing row over the Hindenburg Research accusation against the Adani Group of using tax havens and flagged debt concerns in a report.

Source: https://pragativadi.com/adani-group-scraps-fpo-of-shares-worth-rs-20000-cr-investors-to-get-refund/?utm_source=rss&utm_medium=rss&utm_campaign=adani-group-scraps-fpo-of-shares-worth-rs-20000-cr-investors-to-get-refund

The Dharavi project was awarded to the Adani Group through a fair, open and internationally competitive bidding process, the spokesperson of Dharavi Redevelopment Project Pvt Ltd (DRPPL) said in a statement.

Source: https://www.siasat.com/adani-group-granted-dharavi-project-via-fair-bidding-2935629/

The first course of action for Adani Group now lies in raising credibility, and meeting debt obligations.

Source: https://www.ibtimes.co.in/adani-shares-recover-group-clears-margin-linked-share-backed-loans-2-15-billion-adani-ranks-21-857425

The reason for this confidence is that the institutional investors see high value in the companies AEL is incubating within its fold, a top Adani Group executive said.

Source: https://biztoc.com/x/e9a1ed1171677779?ref=ff

The research report, Hindenburg said, was based on an investigation across two years that involved speaking with dozens of individuals, including former Adani Group executives as well as a review of documents.

Source: https://www.aljazeera.com/economy/2023/1/25/hindenburg-shorts-indias-adani-citing-debt-accounting-concerns

"These rating actions follow the significant and rapid decline in the market equity values of the Adani Group companies following the recent release of a report from a short-seller highlighting governance concerns in the Group," it said.

Source: https://www.ndtv.com/business/moodys-cuts-rating-outlook-on-4-adani-group-companies-3770912

The three Adani Group firms in the list include Adani Enterprises at 1062, Adani Power at 1488, and Adani Ports & Special Economic Zones at 1598.

Source: https://www.dailyexcelsior.com/reliance-climbs-8-spots-to-45th-rank-on-forbes-global-2000-list/

This is the first major deal by ports-to-power conglomerate Adani Group after the Hidenburg report alleged financial misconduct at the company.

Source: https://indianexpress.com/article/business/market/sanghi-industries-shares-jump-5-ambuja-cement-climbs-over-3-8874341/