Adani

Several opposition MPs on Thursday staged a protest inside Parliament complex carrying placards of different Hindi letters that jointly read 'desh bikne nahin denge' and raised slogans to reiterate their demand of a joint parliamentary probe into the Adani issue. This is the latest in a series of unusual daily demonstrations led by the Congress over the Adani issue. Congress general secretary Priyanka Gandhi Vadra, MPs from the Congress, DMK, and the Left parties, among others, stood in front of the Makar Dwar steps and in front of Samvidhan Sadan with most of them carrying the placards that together read 'desh bikne nahin denge (will not let the country be sold off)'. They raised slogans against the alleged collusion between Modi and Adani and demanded a joint parliamentary committee (JPC) probe into the matter. On Wednesday, several opposition MPs greeted their BJP counterparts in Parliament premises with a tricolour in the form of a card in one hand and a red rose in the other,

It is the Congress and DMK MPs that started this bogus protest outside the Parliament saying that 'Adani-BJP Ek Hai, said Annamalai

This comes after Stalin rejected his allegations that he had a meeting with Gautam Adani

Leader of Opposition in the Lok Sabha Rahul Gandhi on Tuesday said "big companies are creating a monopoly" to drive small shopkeepers out of business and asserted that he is talking about strengthening such small businesses as they are holding the country's economy together. Gandhi posted a video on his social media handles on his recent visit to a 'kirana store' in Delhi's Bhogal to learn about the issues being faced by such small business owners. "There are about 1.3 crore grocery shops in the country. And about 15 to 20 crore families are directly or indirectly dependent on these shops. Recently, I visited one such shop in Bhogal, Delhi and talked to the shopkeepers, workers and some customers there," he said in the post accompanying the video. "The shop owners told me that they are under a lot of pressure since the arrival of quick commerce companies. Big companies are creating a monopoly so that small shopkeepers can be put out of business," the former Congress chief said. Goo

As part of its investments, it plans to set up four new cement plants to build additional capacity of 6 million tonnes per annum

Kerala is not averse to discussing any new project with the Adani group and will do so only if there is a "win-win" situation which benefits the people of the state as well, a senior state minister has said. However, the southern state is not keen to have any big industries which will cause pollution and ecological damage, P Rajeev, the Minister of Law, Industries and Coir, told PTI. The comments from the minister come even as there seems to be some unease among southern states when it comes to dealing with the Adani group, especially after the second richest Indian Gautam Adani and others faced charges of bribing officials to secure contracts. Rajeev said Kerala has a big investment from the Adani group in the Vizhinjam Seaport near its capital Thiruvananthapuram and added that the current government decided to go ahead with the project signed by the predecessors only because the benefits accrued to the state and its people through the ambitious transshipment port. He also clarifi

Says Kerala does not see labour unrest unlike many other states

Congress leader Rahul Gandhi on Saturday said while the Narendra Modi government is hiking the rates of the income tax and other taxes for the common man, it is giving concessions to billionaires, and claimed that it is set to introduce another slab of the GST to burden people. Gandhi said the Congress will continue to oppose this "injustice" of imposing higher tax rates on things of daily use and giving concessions to big billionaires. "See another example of concessions to capitalists and looting common people. "On one hand, the income tax is increasing constantly in comparison to the corporate tax. On the other hand, the Modi government is preparing to collect more money through Gabbar Singh Tax," he said in a post in Hindi on X. "It is heard that amidst the ever-increasing collection from the GST, the government is going to introduce a new tax slab -- there is a plan to increase the GST on things of daily need. "Just think -- the wedding season is going on, people must have be

Senior Congress leader Ramesh Chennithala on Saturday accused the Kerala government of hiking the electricity tariff "to benefit ports-to-energy conglomerate Adani" by bringing it into the power purchase system in the state. Chennithala alleged that the long term power purchase agreement signed during the UDF administration in 2016 to buy electricity at rates below Rs 5 per unit was cancelled during the LDF rule to facilitate the entry of Adani into this system. The Kerala government had on Friday announced a 16 paise per unit increase in electricity tariffs for the 2024-25 financial year, effective from December 5. An additional hike of 12 paise per unit is set to follow in the 2025-26 financial year. The Congress leader said this move of the government makes it clear that it was hand-in-glove with the power producing companies, especially Adani. "Adani is the biggest beneficiary of this move. This decision of the government is aimed at bringing Adani into the power purchasing sys

The government on Friday said that once Adani's Kutch copper refinery is ramped up to full capacity, which is likely by early next year, the country will be self-sufficient in refined copper. In a statement, the mines ministry said that till that time some amount of import of refined copper will take place in India. "Adani's Kutch Copper Refinery has since come into production. However, as per company officials, ramp up to full capacity will require some more time (about Feb-March 2025). Once achieved, India will be self-sufficient in refined copper, and will not have to rely on imports," it said. In the last fiscal, India imported about 3,63,000 tonnes of refined copper cathode worth Rs 24,552 crore. Japan accounts for about two-thirds 67 per cent-- of the refined copper imports. In quantity terms, about 69 per cent of the country's refined copper imports come from Japan. Tanzania is India's second important source of refined copper, contributing about 18 per cent of the imports

Tamil Nadu Chief Minister M K Stalin did not meet industrialist Gautam Adani nor was any contract signed with the Adani group, state Electricity Minister V Senthil Balaji stated on Friday and warned of legal action against those spreading rumours in this regard. The DMK regime did not enter into any contract and there was only a case pertaining to the purchase of power at 7.01 per unit pending in the supreme court, he said, referring to the 2015 agreement entered upon during the AIADMK rule for a 25-year period to buy power from the company's 648 MW solar plant in Ramanathapuram district. "It is only understandable that the half-baked politicians try to portray the AIADMK government's power purchase decision as the DMK government's power purchase decision, as if they are ignorant of the supreme court case. They lack the courage to criticise the Adani company or the AIADMK," Balaji said in a statement. "No agreement was signed with the Adani group during the DMK regime and the chief

Several Opposition MPs led by the Congress on Friday held a protest march inside Parliament complex on the Adani issue, wearing black masks that read "Modi Adani bhai bhai". The protest saw several leaders from some of the INDIA bloc parties marching, holding a copy of the Constitution and raising slogans against industrialist Gautam Adani. RJD, JMM and left parties' MPs were among those who joined the protest. TMC and Samajwadi Party, which did not participate in demonstration, have so far stayed away from any such denunciation of Adani. The decision has been seen by the ruling Bharatiya Janata Party (BJP) as a "division" in the opposition bloc. Leader of Opposition in Lok Sabha Rahul Gandhi and his sister Priyanka Gandhi Vadra, the newly elected MP from Wayanad , were among those present in the march. Priyanka later alleged that the government was scared of holding a discussion on the Adani issue and wondered why was it so. The Congress and several other opposition parties hav

Tagore alleged that Prime Minister Narendra Modi and his government are prioritising Adani's profits over the welfare of the Indian people

MPs of several INDIA bloc parties protested on the Parliament premises on Tuesday over the Adani issue and reiterated their demand for a joint parliamentary probe into the matter. MPs of the Congress, AAP, RJD, Shiv Sena (UBT), DMK and the Left parties among others raised slogans against Prime Minister Narendra Modi and demanded accountability. Leader of Opposition in the Lok Sabha Rahul Gandhi, AAP's Sanjay Singh, RJD's Misa Bharti and Shiv Sena (UBT)'s Arvind Sawant also participated in the protest on the steps leading to the Parliament's Makar Dwar. The Congress and some other opposition have been demanding a joint parliamentary committee probe following the indictment by US prosecutors of Adani Group chairperson Gautam Adani and other company officials on bribery and fraud charges. With billionaire Adani charged in the US with alleged bribery and fraud, the Congress has said it "vindicates" its demand for a joint parliamentary committee investigation into the various "scams" ..

Adani-linked individuals, including Vinay Prakash, a director at Adani Enterprises, and Ameet Desai, a director at Ambuja Cements, have each offered Rs 3 lakh to settle the case

Shares of six Adani Group firms ended lower on Monday, with Adani Total Gas falling nearly 5 per cent. The stock of Adani Total Gas dropped 4.87 per cent to Rs 772 on the BSE and Adani Energy Solutions tanked 4.04 per cent to Rs 806.60. Shares of NDTV dipped 1.29 per cent, Adani Wilmar went lower by 1.23 per cent, Adani Power declined 1 per cent and Adani Enterprises skidded 0.28 per cent. During morning trade, Adani Green Energy jumped 9 per cent after Adani Group Chairman Gautam Adani said his conglomerate was committed to compliances and "every attack makes us stronger" amid recent allegations and his indictment in the US. The stock of Adani Green Energy Ltd surged to Rs 1,445 during the morning trade but later gave up most of the early gains and ended at Rs 1,327.95, up 0.26 per cent. Shares of Adani Ports climbed 2.18 per cent, Ambuja Cements went up 1.34 per cent, Sanghi Industries (0.65 per cent), and ACC (0.38 per cent). Coming out in public for the first time after recen

Tagore, the whip of the Congress party in Lok Sabha, accused the Union government of not initiating an investigation into the Adani Group despite evidence and international scrutiny

Other Adani Group firms may also raise funds through a few public bond sales in India over the next 12 months, Singh said

Will delay dollar bond till April-June, he says