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.
Strengthening the party's communication strategy to improve public engagement is foremost on the Congress agenda after Rahul Gandhi had stressed that they "have to go back to the people" at the Udaipur meeting.
The 33-year-old, who steered his party to an impressive show in the Bihar assembly polls last year thereby emerging out of the shadow of his father Lalu Prasad, underscored that the opposition needed to bring in "dhaar" (edge) and "nayaapan" (novelty) in its electoral issues.
The answer to Chinese tactics of nibbling territory is not defence of every inch -- a military impossibility -- but instead, nibbling at Chinese territory wherever we are in a stronger position, counsels Colonel Anil A Athale (retd).
Shiv Sena-Uddhav Balasaheb Thackeray leader Uddhav Thackeray on Thursday said the Supreme Court's ruling on the political crisis that led to the fall of the three-party Maha Vikas Aaghadi government led by him following a revolt by the Eknath Shinde faction reinstates trust in democracy.
The winter session of Parliament is set to be stormy with Opposition parties closing ranks to target the government on issues including 'intolerance' even as the ruling dispensation expressed its readiness to discuss all issues.
The meeting will be held at Prime Minister Atal Bihari Vajpayee's Race Course Road residence.
While the BJP says it is confident Dalits will vote for it in the state assembly polls due this year-end, the Congress says it is paying attention to seats with 10 per cent or more Dalit population.
Kejriwal's announcement is a renewed push to counter the ruling Bharatiya Janata Party in Gujarat and attract Hindu voters, as per political experts.
The BJP and the AIADMK are unable to sort out ideological differences, observes N Sathiya Moorthy.
Its passage in the Lok Sabha is all but certain due to the massive majority the Bharatiya Janata Party and its allies have, and the Union government is confident of its passage in the Rajya Sabha as well with the support of several non-aligned regional parties which have often joined the treasury benches in the past.
The TMC and the Congress are at daggers drawn over the recent instances of 'poaching' by the Mamata Banerjee-led camp.
After his meeting with Rahul Gandhi, Shiv Sena MP Sanjay Raut on Tuesday said there can be no opposition front without the Congress, in a clear message to West Bengal Chief Minister Mamata Banerjee over her 'no United Progressive Alliance' taunt, even as another ally Nationalist Congress Party asserted it will make every effort to form a broad-based alliance that will also include the Congress.
Law Minister Salman Khurshid has favoured reaching out to the Opposition and the ruling coalition's allies on Lokpal and other issues and dismissed suggestions that Trinamool Congress leader Mamata Banerjee was a 'difficult customer'.
Captain Harmanpret said it's a good opportunity for the Indian players to win the World Cup at home.
The company also needs to get its power plants going if it wants to reduce its debt burden.
The Congress on Friday won the Amravati division graduates constituency, taking the tally of the Opposition Maha Vikas Aghadi (MVA) to three in elections for five Maharashtra Legislative Council seats, a result which has come as a jolt to the ruling Bharatiya Janta Party-Balasahebnachi Shiv Sena alliance.
Modi's non-reference could also imply that the BJP may be keeping its alliance options open vis--vis the AIADMK. It could also imply that the BJP's national leadership had not given up on the DMK returning to power in the state post-poll, and the Centre having to do business with a new government in Fort St George, says N Sathiya Moorthy.
Those who worry that the Adani saga will turn the world off India are not looking at the entire picture, asserts Mihir S Sharma.
'Cultural nationalism or the victim card that you play is okay when people are well fed.' 'But if you are not well fed, then it puts a question mark (on your leadership).'
Congress interim president Sonia Gandhi held a virtual meeting on Friday evening with leaders of 19 Opposition parties, including the chief ministers of some Opposition-ruled states, amid efforts to boost Opposition unity and evolve a common strategy against the National Democratic Alliance government.
'The Bharat Jodo Yatra has done very well in the south, and if they are able to pull voters in the south and rely on their allies in the north like in Bihar, UP and do well in Rajasthan, then there are chances that there might be a formidable opposition or at least a force to fight the BJP.'
With the Opposition adamant on the cancellation of coal blocks, Prime Minister Manmohan Singh and Congress president Sonia Gandhi on Friday deliberated with the party top brass in the midst of the logjam in Parliament. Coal Minister Sriprakash Jaiswal was also called for the Congress Core Committee meeting and so were Law Minister Salman Khurshid and Telecom Minister Kapil Sibal.
The Sena's remarks come in the wake of Mamata Banerjee's recent visit to Mumbai, in which she made a cryptic statement that 'there is no UPA now'.
The Congress on Tuesday stepped up its attack on the government over the Pegasus snooping controversy and demanded a probe by a Joint Parliamentary Committee.
Both the BJP and the Congress said they will seek support of the MGP in case they fall short of the majority mark of 21.
'For our traditional membership base, it would be an access to disruptive ideas,' FICCI President Subhrakant Panda tells Asit Mishra/Business Standard.
Long caught between two polarities, Gujarat's electoral field has expanded to include a third party with the Aam Aadmi Party challenging the ruling Bharatiya Janata Party as well as the opposition Congress that has lost ground but still has significant presence.
The MLAs of the three ruling parties and the BJP have reached Mumbai ahead of the elections.
China on Friday concurred with External Affairs Minister S Jaishankar's observation that an Asian Century cannot happen if India and China don't join hands and emphasised that the two neighbouring countries have 'far more common interests than differences'.
The Congress Legislature Party, which met at a private hotel in Bengaluru on Sunday evening, passed a unanimous resolution authorising the party chief to pick its leader.
'The general idea is to unite all the anti-Modi parties into an alliance, to dent the PM's image as a vote-winner, and then stymie him in Parliament -- particularly in the Rajya Sabha -- in order to ruin his credentials as a reformer,' says T V R Shenoy.
The Xi Jinping regime might try to quell internal distress by directing nationalism and militarism against India, warn Ajay Shah and Gautam Bambawale.
It may well be possible to defeat Modi. But nobody seems to know how, points out Vir Sanghvi.
With the Congress presidential polls round the corner, party leader Rahul Gandhi on Thursday said decisions, including that of one-man, one-post, taken at the Chintan Shivir at Udaipur in Rajasthan earlier this year are expected to be followed.
President Obama had no intention of risking a global conflagration on account of the use of chemical weapons in Syria, especially at a time when he was struggling to wind up the wars his predecessor had started, says T P Sreenivasan
Much to the surprise of Beijing, Nepal's Parliament on Sunday ratified the contentious US-funded $500 million Millennium Challenge Corporation compact along with an interpretive declaration a day ahead of the February 28 deadline set by Washington.
The apex court within hours took suo motu notice of it and a five-member bench started hearing the case on Monday.
Amid a war between Russia and Ukraine, Prime Minister Narendra Modi on Thursday said India's several needs are connected to the involved countries but it is on the side of peace and hopes that all problems get resolved through dialogue.
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