EPFO subscribers are captive investors of two Adani stocks

EPFO subscribers are captive investors of two Adani stocks

EPFO earmarks up to 85% of its equity investments into ETFs tracking the Nifty 50, which had added Adani Enterprises in September 2022. File | Photo Credit: The Hindu The aftermath of the Hindenburg Research report may have made several large investors rethink their exposures to the Adani group. But one large pool of capital […]

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Explained | How is the stock market regulated in India?

Explained | How is the stock market regulated in India?

The securities market in India is regulated by four key laws — The Companies Act, 2013, the Securities and Exchange Board of India Act, 1992 (SEBI Act), the Securities Contracts (Regulation) Act, 1956 (SCRA) and the Depositories Act, 1996. File | Photo Credit: Reuters The story so far: On February 10, the Supreme Court asked […]

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Hindenburg report | S&P places Adani Transmission’s ESG evaluation ‘under review’

Hindenburg report | S&P places Adani Transmission’s ESG evaluation ‘under review’

Listed companies of the group lost over $125 billion in market value in the last three weeks.  File | Photo Credit: Reuters S&P Global Ratings on February 16 placed its ESG evaluation for Adani Transmission Ltd. (ATL) ‘under review’ following a U.S. short-seller raising governance issues at the group helmed by billionaire Gautam Adani. When […]

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Adani Power’s ₹7,000 crore deal to buy DB Power assets falls through

Adani Power’s ₹7,000 crore deal to buy DB Power assets falls through

Illustration for representation | Photo Credit: Reuters Adani Power Ltd’s ₹7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. “We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired,” Adani Power said in a regulatory filing on […]

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Adani Power’s ₹7,000 crore deal to buy DB Power assets falls through

Adani Power’s ₹7,000 crore deal to buy DB Power assets falls through

Illustration for representation | Photo Credit: Reuters Adani Power Ltd’s ₹7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. “We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired,” Adani Power said in a regulatory filing on […]

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