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.
A Dominica Magistrate Court has adjourned till June 25 the hearing into alleged illegal entry of fugitive diamantaire Mehul Choksi into the Caribbean island nation, local media there reported. On Monday, the Magistrate Court was to start hearing the case of Choksi's "illegal entry" into the country on May 23 but he was a "no show", a media website Natureislenews reported. His legal team submitted a medical certificate from the doctors of Dominica China Friendship Hospital, where Choksi is being held, of "mental stress" and elevated blood pressure.
The proliferation of domestic Twenty20 leagues poses a threat to international cricket and the game must find a way to balance both, according to South Africa's former captain Faf du Plessis.
Antigua and Barbuda Prime Minister Gaston Browne has asked neighbouring Dominica, where fugitive businessman Mehul Choksi was caught, to hand the diamantaire over to India directly, local media reported.
'There's no secret we're right in the hunt for the World Test Championship final following our two-nil win over India and having Trent and Kane fully fit and focussed for the upcoming series will be crucial.'
The Dominica high court on Wednesday ordered that diamantaire Mehul Choksi be produced before a magistrate there to answer charges of his illegal entry into the Caribbean island country, local media reported. Dominica high court Judge Bernie Stephenson issued the orders after nearly three hours of hearing on a habeas corpus petition filed on behalf of Choksi who had claimed that he was abducted from neighbouring Antigua and Barbuda and forcefully brought to the Caribbean Island nation. She adjourned the habeas corpus matter till Thursday, Dominica News Online reported.
He said that Government of Dominica and law enforcement agencies, unless the court rules otherwise, can deport him to India because he is an Indian citizen, Antigua News Room reported.
Fugitive diamantaire Mehul Choksi, wanted in a Rs 13,5000-crore loan fraud in Punjab National Bank, has gone missing in Antigua and Barbuda where he had been staying since January 2018, the Royal Police Force of the Caribbean island nation said in a statement.
Take a look at the Barbadian singing sensation's holiday album.
10 photos of the fastest man in the world living it up in the fast lane.
Jamaica has reportedly been warned by the World Anti-Doping Agency (WADA) that it risked expulsion from major competitions if it failed to address failings pointed out by a former senior employee.
Around 1,20,000 Indian-Americans reside across Florida.
The BCCI will not stop veteran leg-spinner Pravin Tambe from playing for Trinbago Knight Riders in the Caribbean Premier League as it has been confirmed that he has officially retired, albeit second time having withdrawn on the first occasion. The 48-year-old Tambe is set to become first Indian player to play in the CPL. As per BCCI rules, he is now eligible having announced his retirement from all forms of cricket.
India has much to be proud of and celebrate. But there is also much that is wrong, much that looks dangerous. Employment, current account deficit, rural distress, agricultural productivity are all in deep crisis, points out Shekhar Gupta.
Reader Nikhil Jain sends us a picture.
The BCCI wants the Indian players to have a break after the World Cup.
Buoyed by the comprehensive 105-run victory in their Group A opener against the West Indies, hosts India go with their tails up against jittery defending champions England in a crucial league game of the ICC Women's World Cup at the Brabourne Stadium on Sunday.
Stephanie Taylor cracked a brilliant century as West Indies crushed Sri Lanka by 209 runs in their second Group A fixture to resurrect their hopes of qualifying in Super Six in the ICC Women's World Cup in Mumbai.
Former West Indies captain Chris Gayle has been left out of their preliminary squad for the limited overs series against Australia in the Caribbean as the Jamaican's row with the regional cricket board rumbles on.
West Indies Skipper Darren Sammy dedicated their World Twenty20 triumph to fans back home and said it is a step in the "right direction" and will usher in a new beginning for cricket in the Caribbean islands.
The Prime Minister of Trinidad and Tobago Kamla Persad-Bissessar, whose ancestors migrated from Bihar to the Caribbean islands in the 19th century, visited the state's Bhelupur village on Wednesday afternoon.
The 22-year-old completed only half his quota of overs in Sunday's second one-day international against Pakistan in Sharjah before he was forced off the field having dislocated his bowling shoulder when trying to save a boundary.
'After we landed at Port-of-Spain, we had to take a charter flight to Guyana, but seven of our boys were stopped as they were not vaccinated. We tried to explain to the immigration officials that India had not started their vaccination yet but they instructed us to take the next flight out of the country'. The ICC had organised the Under-19 World Cup with the help of Cricket West Indies. In a challenging time like this, the Caribbean was not the best place to organise a big event like the U-19 WC, felt Indian team manager Lobzang G. Tenzing.
The evacuation of coastal areas of Florida and neighboring Georgia was the biggest seen in the US in a dozen years.
A detailed investigation done by the NIA and other security agencies indicated that over 40 virtual SIM cards were used in the Pulwama attack alone, and there are probably more of them floating in the cyberspace of the valley.
We bring you a presentation of some of the best photos from around the world in the last 24 hours.
The team will leave for Havana on Tuesday and is expected to return on Thursday evening.
Formula One driver Lewis Hamilton has fueled speculation that he is in a romantic relationship with pop star Rihanna.
Jamaica will grant diplomatic privileges to triple Olympic and world champion sprinter Usain Bolt and name a highway after him, Prime Minister Bruce Golding said on Tuesday.
Former players on Wednesday slammed the Indian cricket team for its humiliating exit from the Twenty20 World Cup, attributing the debacle to skipper MS Dhoni's poor tactics, IPL fatigue and the players' failure to cope with rising deliveries.
India's debacle at the ICC World Twenty20 raises some crucial questions.
In the Caribbean islands which spawned a conveyor belt of intimidating pacemen in the 1970s and 1980s, spin is poised to dominate the World T20.
Switzerland and Caribbean islands? Sure. But Alaska and Nevada are getting in on the game.
McLaren's Lewis Hamilton became Formula One's youngest champion at the season-ending Brazilian Grand Prix on Sunday at the age of 23 years and 301 days.
Ashleigh Gardner scored an unbeaten 33 as Australia beat England by eight wickets to win the Women's World Twenty20 title.
An Indian national has been accused of stealing and decamping with three fine diamonds worth lakhs of rupees in the world's smallest Island -- St Maarten -- located near Caribbean Islands.
Rediff.com gives you a peek into Team India's fun-filled bonding session around St Kitts.
Jamaica's Prime Minister said that US President George W. Bush asked how the Caribbean island could help the United States churn out more Olympic champions.
Jamaica made a clean sweep of Olympic sprint golds on Thursday with victory in the women's 200 meters humbling the United States, the traditional track and field superpower.
Meanwhile, the Board has given the names of Hardik Pandya and Dinesh Karthik as India's representatives in the World XI team that will play West Indies in a charity Twenty20 match at the Lord's on May 31.
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