Billionaire banker Uday Kotak founded bank as well as brokerage created and oversaw an offshore fund used by an unnamed investor to profit from a plunge in Adani shares that followed a damning Hindenburg report, the US short seller said on Tuesday. Hindenburg Research, which had in a January 2023 report alleged stock market manipulations and accounting fraud at the Adani group, said it has received a show cause notice from the Indian markets regulator Sebi over gains made from betting on the conglomerate's shares.
Trinamool Congress MP Mahua Moitra wrote to Lok Sabha Speaker Om Birla on Thursday alleging that she was subjected to the "proverbial vastraharan" by the chairperson of the ethics committee during a hearing on the cash-for-query allegations against her.
Sources from the Services Department, however, claimed that the order issued by the government was 'illegal'.
The one-year-old Himachal Pradesh Cabinet headed by Chief Minister Sukhvinder Singh Sukhu was expanded on Tuesday with the induction of Rajesh Dharmani and Yadvinder Goma as cabinet ministers.
She added that Suga had encouraged her to make the Games successful but declined to say anything further until after a Tokyo 2020 executive board meeting later in the day, when an official announcement on the post was likely to be made.
Among the new entrants to the Union cabinet, former Madhya Pradesh chief minister Shivraj Singh Chouhan has been given the agriculture and rural development portfolios, Bharatiya Janata Party president J P Nadda the health portfolio and former Haryana chief minister Manohar Lal Khattar the power portfolio.
Delhi Lieutenant Governor V K Saxena has directed the chief secretary to recover Rs 97 crore from the Aam Aadmi Party for political advertisements it published in the guise of government advertisements, official sources said.
In the five years in politics Priyanka Gandhi has undeniably emerged as a thorn in the BJP flesh, notes Nilanjan Mukhopadhyay. It is time that this thorn is twisted a wee bit more when the elections have become far more uncertain than what it was when the Election Commission announced the poll schedule.
Ramesh stressed that the prime minister should participate in the debate on Manipur.
As soon as Lok Sabha assembled, opposition members stormed into the well holding placards and shouting slogans. They demanded a Joint Parliamentary Committee probe into the alleged stock manipulation by the Adani Group.
The recovery notice issued by the Directorate of Information and Publicity (DIP) also includes the interest on the amount and makes it mandatory for the ruling party in Delhi to pay the whole amount within 10 days, the sources said.
Newly floated Assam Jatiya Parishad (AJP), led by former All Assam Students' Union leader Lurinjyoti Gogoi, on Thursday forged an alliance with the Raijor Dal of jailed anti-citizenship law activist Akhil Gogoi for the upcoming assembly elections.
The Supreme Court on Tuesday deprecated criticism of electronic voting machines (EVMs) and calls for reverting to ballot papers, saying the electoral process in India is a "humongous task" and attempts should not be made to "bring down the system".
'The PM who is first among equals, who has to listen to others, take their point of view into account and who would have to be a good manager'
Prayers were performed in a cellar of the Gyanvapi mosque in Varanasi on Wednesday night following court orders allowing the resumption of a practice said to have been discontinued three decades back, Kashi Vishwanath temple trust president said.
The veteran Communist Party of India-Marxist leader is likely to undergo a few tests later in the day, which will help in ascertaining the severity of the infection in his lungs that landed him in the hospital on Saturday afternoon.
Congress spokesperson Abhishek Manu Singhvi cited a viral video on social media platforms, claiming that in it Modi's voice is heard in a call with BJP rebel Kripal Parmar.
In his letter to Lok Sabha Speaker Om Birla, Tharoor took strong objection to Dubey's remarks on Twitter that 'the Chairman of Standing Committee does not have the authority to do anything without discussion of the agenda with its members'.
In a statement, the Ministry of Foreign Affairs on Tuesday clarified that the remarks made by Prime Minister Oli 'are not linked to any political subject and have no intention at all to hurt the feelings and sentiments of anyone'.
'It is violation of the Model Code of Conduct.' 'It is a penal offence under the IPC to exert undue influence on voters.' 'Under the election law, it is a corrupt practice.'
A renewed energy seems to have been infused into the 75-year old Congress leader Siddaramaiah's gait as he walked to address a packed press conference in Mysore on Saturday.
In her defence, the teacher, Tripti Tyagi, has said that the video has been tampered with in order to stoke tensions.
The AIMIM chief questioned whether the public will have any faith in the Constitution and law and order of the country after this incident.
MPs and MLAs taking bribes to vote or make a speech in the house are not immune from prosecution, the Supreme Court said on Monday in a landmark, unanimous verdict that overrules its 1998 judgment protecting such lawmakers.
The opening ceremony will also take place without major Olympic sponsors, the companies said on Tuesday, dealing another blow to a slimmed-down Games as more athletes tested positive for the coronavirus.
Despite a warning issued to him by the Congress, former Rajasthan deputy chief minister Sachin Pilot sat on a daylong fast at the Shaheed Smarak in Jaipur on Tuesday, demanding action in cases of alleged corruption related to the previous Bharatiya Janata Party government in the state led by Vasundhara Raje.
Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.
Modifying its June 18 order in which it had said that this year's Yatra cannot be allowed due to the COVID-19 pandemic, the apex court permitted holding of the Yatra after taking note of Odisha government's stand that it 'can be held in a limited way without public attendance'.
Reports of T R Zeliang relinquishing the chair of Nagaland Chief Minister on 'moral grounds' following persistent demand of the Naga tribal organisations is spreading like wild fire throughout the state but the Chief Minister's Office and ruling party termed these as baseless.
An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Securities and Exchange Board of India (SEBI) has 'drawn a blank' in its probe into alleged violations in money flows from offshore entities into the conglomerate.
An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court.
Is the unusually and unbearably scorching Sun and the general laxity, bordering on laziness, among voters, responsible, asks N Sathiya Moorthy.
Russia's unprecedented rapprochement with North Korea has raised concerns about the re-emergence of a Russia-China-North Korea alliance which could increase the probability of conflict on the Korean Peninsula, explains Dr Rajaram Panda.
Patel, 71, the quintessential backroom strategist for the Congress, died at a Gurugram hospital in the early hours of Wednesday due to multiple organ failure more than a month after he tested positive for COVID-19.
'If the Olympics were to spread infection, then what are the Olympics for?'
The agitational programmes include the 'Loktantra Bachao Mashal Shanti March' starting from Red Fort on Tuesday and a series of press conferences in 35 major cities across the country on March 28 and 29.
A video showing the incident involving school teacher, Tripta Tyagi, and the Class 2 boy in Muzaffarnagar has gone viral on social media eliciting strong words from several political parties.
'What if Kim is alive as the latest reappearance suggests, but unable to rule?' 'Will his sister be installed as the leader to continue with the Kims's hereditary dynasty that began with the present ruler's grandfather?' asks Dr Rajaram Panda.
Even as Bharatiya Janata Party MPs are boycotting the Joint Parliamentary Committee looking into the 2G spectrum scam, the panel's chairman P C Chacko has ruled out summoning of Prime Minister Manmohan Singh.
Seven Congress legislators and three Aam Aadmi Party MLAs who recently switched over to the ruling party also said Navjot Singh Sidhu was a celebrity and was no doubt an asset to the party but condemning and criticising his own party and government in public has only created a "rift in the cadres and weakened it".
