Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.
The Congress sought her intervention in helping bring normalcy in violence-hit Manipur, and called for the constitution of a high-level inquiry commission headed by a serving or retired Supreme Court judge to probe the incident.
Once the iconic red-brick building of British India Corporation (BICL), which manufactured the popular "Lal-Imli" brand of woollen products, made Cawnpore (now Kanpur) the Manchester of the East. In the 75th year of independence, the government may finally pull the curtains on the century-old, now defunct public sector enterprise. "The Department of Public Enterprises (DPE) has floated a draft cabinet note for closure of British India Corporation (BICL) along with National Textiles Corporation (NTC). "The Cabinet may soon tak
Police sources said a group of members from one community attacked and vandalised shops and a place of worship of another social group.
External Affairs Minister S Jaishankar is set to hold separate bilateral talks with his Chinese counterpart Qin Gang and Russia's Sergey Lavrov at a beach resort in Goa on Thursday on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) amid rapidly evolving regional security situation.
Raja's exit was only a matter of time after former Pakistan Prime Minister Imran Khan, who had appointed him last year, was ousted in April after losing a confidence vote in parliament.
Calyampudi Radhakrishna Rao, a prominent Indian-American mathematician and statistician, will receive the 2023 International Prize in Statistics, the equivalent to the Nobel Prize in the field, for his monumental work 75 years ago that revolutionised statistical thinking.
Iran and Saudi Arabia have agreed to re-establish diplomatic relations and reopen embassies after talks in Beijing between officials from the two rival Middle East powers, Iranian state media reported on Friday.
'Our civil society here is vibrant, and courageous, although it is beaten up and beaten down, repeatedly.'
'But Telugu has done that.' 'The film that I'm doing right now is called Tiger Nageswara Rao, where I play a villain.' 'After this film releases, I guess things will be different.'
Nauman was denied a hat-trick by Brook, who kept England's chase going, despite Pope being bowled by Abrar and Stokes losing his wicket in a run-out following a mix-up between the batters.
'They are both very individualistic and have similar personalities.'
Learning perhaps from the Kargil debacle, Musharraf tried hard to evolve as a statesman in his dealings with India, recalls Rana Banerji, who headed the Pakistan desk at RA&W.
UEFA opens investigation into Barca payments to ex-refereeing official
The actor died on Friday after suffering a heart attack at a gym in Mumbai. He was 46.
In a section entitled 'Sikh Extremism' the review goes into detail of how members of the British Sikh community expressed their growing concern over a small but extremely vocal group "hijacking" the Sikh faith to push a subversive pro-Khalistan narrative.
N R Narayana Murthy, co-founder of Infosys, blamed the venture capitalist community for inculcating a culture among entrepreneurs to chase growth at all costs. He said the VC model of investment looked like a ponzi scheme. "I would hold venture capitalists responsible who propounded the theory that only the top-line is important and not the bottom-line. "I think that is completely wrong. In many ways it looks like a ponzi scheme.
Referencing to a decline in manufacturing in democratic countries such as India and the US in recent years as production shifted to China, Gandhi said the shift had produced mass inequality and anger which needed urgent attention and dialogue.
The village in Maharashtra has continuously sent soldiers to the Army since World War I. Every other person you meet is a soldier or a retired soldier or is aspiring to be a soldier.
More than nine years after a former disciple of Asaram Bapu lodged a case of rape against him during her earlier stay in his ashram, a court in Gandhinagar on Monday convicted the self-styled godman and is likely to pronounce the sentence on Tuesday.
'The general elections in May 2024 may not have any impact on the Census.'
Nationalist Congress Party president Sharad Pawar on Saturday said he is not completely opposed to a Joint Parliamentary Committee (JPC) probe into the charges against the Adani group, but a Supreme Court committee will be more useful and effective.
Uzbek President Shavkat Mirziyoyev chaired the 22nd SCO summit in Samarkand which was attended by Prime Minister Narendra Modi.
The Royal Swedish Academy of Sciences on Wednesday awarded the Nobel Prize in Chemistry 2022 to Carolyn R Bertozzi, Morten Meldal and K Barry Sharpless.
Watching the clash at the Court Philippe Chatrier were movie stars Hugh Grant, Sienna Miller, Michael Douglas and Demi Moore and royalty, including Spain's King Felipe VI, Norway's Crown Prince Haakon, and Crown Princess Mette-Marit.
Deepa Gahlot picks the top 10 Karan Johar films -- some that he directed and others that he produced or co-produced -- that you can watch on steaming platforms.
Renowned playwright Lolita Chakrabarti's stage adaptation of the story of 16-year-old Indian boy Pi (Piscine) Patel stranded in the ocean on a lifeboat with a Royal Bengal Tiger named Richard Parker opened at Broadway's Gerald Schoenfeld Theatre on March 30.
A look at some of the major disasters in soccer stadiums over the last 40 years following Saturday's stampede at a football match in the Indonesian province of East Java which left several dead.
The Taliban rulers on Tuesday banned university education for women nationwide, as they took decisive steps to crush their right to education and freedom.
Former International Olympic Committee (IOC) President Jacques Rogge has died at the age of 79, the IOC said on Sunday.
'India will want a lot of help from the US, but it's not going to want US troops.'
Batting great Matthew Hayden is ready to help Australia solve their batting woes in the ongoing four-Test series if asked.
The court can neither rewrite nor alter provisions and the very fundamental architecture of a law as conceived at the time of its framing even by reading something into it, the Centre told the Supreme Court on Wednesday.
Ashes is steeped in tradition but India versus Australia Test matches are bound by emotion.
As the election approaches, the earthquake survivors and the scientists urge political parties to take note of warning signs before it's too late.
Ian Healy has taken a potshot at the Board of Control for Cricket in India, saying the idea behind Pat Cummins' side not playing a tour game in India ahead of next month's four-Test series is because "we no longer trust" the facilities provided by the host nation.
Chief Minister Himanta Biswa Sarma said it was only "temporary" and did not disclose the reason behind the decision.
A Delhi court on Wednesday sent former MD and CEO of National Stock Exchange Ravi Narain to two days' custodial interrogation by Enforcement Directorate in a money laundering case related to alleged illegal phone tapping and snooping on stock exchange employees. Special Judge Sunena Sharma allowed ED's plea seeking Narain's custody till September 9 after the accused was produced before him by the probe agency. ED's Special Public Prosecutor N K Matta told the court that Narain was required to be confronted with other accused persons and evidence in the matter to unearth the larger conspiracy in the matter.
We had to fight really hard to reverse momentum, says Kane Williamson
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