All posts tagged: Adanis

Supreme Court declines to interfere with forest clearances for Adani’s Madhya Pradesh coal block project

Supreme Court declines to interfere with forest clearances for Adani’s Madhya Pradesh coal block project

Published by Parlour News

The Supreme Court on Thursday (May 21, 2026) declined to interfere with the environmental clearances granted to the Adani Group’s coal block project in Madhya Pradesh’s Singrauli district, pointing to the delay in challenging the approvals. A Bench comprising Justices P.S. Narasimha and Alok Aradhe was hearing a plea filed by environmental activist Ajay Dubey challenging an April 22 order of the National Green Tribunal (NGT), which had dismissed his plea against the May 2025 environmental clearance granted to Mahan Energen Ltd., a subsidiary of Adani Power, on the ground of limitation. Questioning the delay, the Bench orally observed, “Your original application itself was filed on January 22… why was there such a delay?” Under Section 16 of the National Green Tribunal Act, 2010, challenges to orders passed by statutory authorities must ordinarily be filed within 30 days, with a further 60-day extension permissible upon sufficient cause being shown. ‘Serious environmental issue’ Appearing for Mr. Dubey, advocate Siddharth Gupta contended that the matter involved grave environmental concerns and that technical objections ought not to stand …

SC clears path for Adani’s JAL bid, asks NCLAT for speedy verdict

SC clears path for Adani’s JAL bid, asks NCLAT for speedy verdict

Published by Webster

The Supreme Court on Monday declined to stay the implementation of the Adani group`s Rs 14,535-crore bid to acquire the debt-ridden Jaiprakash Associates Limited (JAL), but provided a safeguard by restraining the firm`s monitoring committee from taking any “major policy decisions” without prior nod of the National Company Law Appellate Tribunal. A bench of Chief Justice Surya Kant and Justice Joymalya Bagchi asked mining giant Vedanta Ltd, which is opposing the resolution plan, and Adani Enterprises Ltd to raise contentions and counterclaims before the National Company Law Appellate Tribunal (NCLAT), which will start final hearing on the row on April 10. The top court asked the NCLAT to decide the plea and the counter petition expeditiously by hearing them on an “out of turn basis” on the dispute over the acquisition of JAL by the Adani group. “In view of the fact that the company appeals are now listed for final hearing at the NCLAT on April 10, 2026, we see no reason to interfere with the impugned order. However, having regard to the nature …

Gautam Adani’s “Grateful” Post After Women Envoys Visit Adani Renewable Energy Park

Gautam Adani’s “Grateful” Post After Women Envoys Visit Adani Renewable Energy Park

Published by Webster

Ahmedabad: Adani Group chairman Gautam Adani has expressed his gratitude after hosting nine women ambassadors and high commissioners to India at the Khavda Adani Renewable Energy Park and Mundra’s Special Economic Zone (SEZ). Taking to social media on International Women’s Day, Mr Adani said that the diplomats appreciated the local women’s contributions in these large-scale projects. He described their advice as “truly uplifting” and reaffirmed the importance of breaking barriers to shape a better future. Our family was honoured to host nine inspiring women ambassadors and high commissioners to India. I am grateful for their visit to Khavda’s Adani Renewable Energy Park & Mundra’s SEZ. Their praise and advice for the local women driving these projects were truly uplifting. On… pic.twitter.com/lWcOpaGMVc — Gautam Adani (@gautam_adani) March 8, 2025 In a social media post, Mr Adani said, “Our family was honoured to host nine inspiring women ambassadors and high commissioners to India. I am grateful for their visit to Khavda’s Adani Renewable Energy Park & Mundra’s SEZ. Their praise and advice for the local women driving …

Six U.S. Congressmen write to new Attorney General against Adani’s indictment

Six U.S. Congressmen write to new Attorney General against Adani’s indictment

Published by Parlour News

As many as six U.S. Congressmen have written to the newly appointed Attorney General of the United States against “questionable” decisions made by the U.S. Department of Justice (DoJ) such as the indictment against the Adani Group in an alleged bribery scam, which “jeopardises the relationship with close ally India”. Lance Gooden, Pat Fallon, Mike Haridopolos, Brandon Gill, William R. Timmons and Brian Babin on Monday (February 10, 2025) wrote to Pamela Bondi, Attorney General of the U.S. drawing “attention to some questionable decisions made by the DOJ under the Biden administration”. In November 2024, U.S. prosecutors charged Mr. Adani with participating in a scheme to pay Indian officials over $250 million (about ₹2,100 crore) in bribes in exchange for favourable terms for solar power contracts. This was concealed from the U.S. banks and investors from whom the Adani group raised billions of dollars for the project, the prosecutors have alleged. U.S. law allows pursuing foreign corruption allegations if they involve certain links to American investors or markets. The Adani group, however, has denied the …

Taylor Swift may perform in India for the 1st time with private gig at Gautam Adani’s son Jeet Adani’s wedding: Report

Taylor Swift may perform in India for the 1st time with private gig at Gautam Adani’s son Jeet Adani’s wedding: Report

Published by Parlour News

Jan 21, 2025 08:59 AM IST Taylor Swift is in talks to perform a private gig at the wedding of Jeet Adani, the son of India’s second richest man, Gautam Adani, as per a new report. Taylor Swift is coming to India. The extremely popular pop star could finally be making her maiden foray to the country where she has millions of fans, if a new report is to be believed. However, a majority of Taylor Swift‘s fans may not be able to see her in action as the singer has been reported to perform at a private gig in the country, at the wedding of billionaire Gautam Adani’s son, Jeet Adani. (Also read: Taylor Swift claps back at Justin Baldoni after he ‘dragged’ singer in $400M defamation lawsuit against Blake Lively) Taylor Swift performs on stage at the Paris La Defense Arena as part of her ‘The Eras Tour’, in Nanterre, north-western France, on May 9, 2024. (Photo by JULIEN DE ROSA / AFP)(AFP) Taylor Swift approached to perform at Gautam Adani’s son’s wedding: …

Adani’s 5G bet in limbo; after penalties from DoT, may surrender spectrum | Business News

Adani’s 5G bet in limbo; after penalties from DoT, may surrender spectrum | Business News

Published by Parlour News

The Adani Group’s telecom arm, Adani Data Networks, has been penalised by the telecom department at least twice since last year for not utilising its 5G spectrum so far and falling short of its minimum rollout obligations, The Indian Express has learnt. The Department of Telecommunications (DoT) has sent multiple show cause notices to the company over the delay in launching connectivity services. It is understood that the company has been unable to see a clear use case for the airwaves it owns, and has conveyed that it is likely considering surrendering the spectrum it had bought during the 2022 auctions. Adani Data Networks had bought 400 Mhz spectrum in the 26 Ghz band for Rs 212 crore in the auctions held in July 2022, which was the first time 5G spectrum was auctioned. It currently holds 100 Mhz each in Gujarat and Mumbai and 50 Mhz each in Tamil Nadu, Karnataka, Andhra Pradesh and Rajasthan. At the time, the company had said that it was purchasing the airwaves to provide private network solutions at …

Gautam Adani’s New Year Message

Gautam Adani’s New Year Message

Published by Webster

New Delhi: Gautam Adani today extended his warm wishes for the New Year to the Adani Group employees. “As we step into 2025, I extend my warm wishes to each of you and your families for a year filled with prosperity, health, and remarkable achievements,” the Adani Group chairman said. Reflecting on the past year, Mr Adani said that 2024 was nothing short of extraordinary, emphasising “the journey to success is rarely linear”. “At our core, we are fearless fighters, and it is through these battles that we continue to evolve and excel. The storms of 2024 further augmented our spirit. And today, we stand taller because of your unwavering dedication and relentless passion,” he said. Gautam Adani said that even though the group’s financial position has never been more robust, his focus was not on numbers but on the foundation we are laying for the future. Mr Adani said the group’s “true challenge lies in deploying our capital effectively”. “To overcome this, we must prioritise the two Ts that serve as the most sustainable …

BJP questions timing of Adani’s US indictment, Congress cries foul | Latest News India

BJP questions timing of Adani’s US indictment, Congress cries foul | Latest News India

Published by Parlour News

The Bharatiya Janata Party on Thursday raised questions over attempts made to attack India’s administration since Prime Minister Modi’s resolution to make it a developed country, raking up the timing of Gautam Adani’s US indictment. Gautam Adani was indicted by US prosecutors earlier in November.(Reuters) Speaking during a Rajya Sabha session, BJP MP Sudhanshu Trivedi alleged that several activities are happening to attack India’s administration, economic and social system since PM Modi started the resolution to make India a developed country. Trivedi cited a Mediapart (French publication) investigative report on the ‘Organised Crime and Corruption Reporting Project’, saying it claimed that OCCRP has foreign governments’ funding and has connections with billionaire George Soros. “We are not just saying based on a report. For the last 3 years, is it just a coincidence that whenever a session of the Indian Parliament such issues arrive, whether Pegasus, Hindenburg or a BBC documentary…In the current session, which started on November 25, but on November 20, a report of US attorney comes in reference to the business house.” he …

Congress MP to move adjournment motion to discuss Adani`s indictment

Congress MP to move adjournment motion to discuss Adani`s indictment

Published by Webster

Ahead of the commencement of the winter session of Parliament, Congress Member of Parliament (MP) Manickam Tagore has announced that he intends to move an adjournment motion in the Lok Sabha to raise the issue of the indictment of industrialist Gautam Adani. In a letter addressed to the Secretary General of Lok Sabha, Tagore, who also serves as the whip for the Congress party in the lower house, gave formal notice of his intention to seek permission for an adjournment motion. He requested that the business of the house be suspended in order to discuss the urgent matter concerning the charges levelled against the Adani Group. The letter highlighted the indictment of Adani by United States authorities over allegations of “bribery, securities fraud, and wire fraud”. According to the notice, the charges against the Adani Group include a scheme involving more than $265 million in bribes to secure lucrative solar power contracts and defrauding global investors. Tagore emphasised the gravity of the allegations, stating that the issue requires immediate attention in Parliament. In his communication, …

Rahul Gandhi calls for Gautam Adani’s immediate arrest after billionaire indicted by US | Latest News India

Rahul Gandhi calls for Gautam Adani’s immediate arrest after billionaire indicted by US | Latest News India

Published by Parlour News

Nov 21, 2024 01:25 PM IST Rahul Gandhi claimed that recent developments vindicate his long-standing allegations against billionaire Gautam Adani Leader of Opposition in the Lok Sabha, Rahul Gandhi on Thursday said that Gautam Adani should be arrested immediately and his ‘protector’ Madhabi Puri Buch should be probed. Congress leader Rahul Gandhi addresses a press conference against the backdrop of a picture of industrialist Gautam Adani, at his party headquarters in New Delhi on November 21. (AFP)(AFP) “It is now pretty clear and established in America that Mr Adani has broken both American law and Indian law. He has been indicted in the United States and I am wondering why Mr Adani is still running around a free man in this country?” questioned Raul Gandhi. Addressing a press conference in Delhi, Rahul Gandhi claimed that recent developments vindicate his long-standing allegations against billionaire Gautam Adani. “We have been raising this again and again and again. We have raising it with the Madhabi Buch issue and it is a vindication of what we have been saying. …