Sebi clears Adani of Hindenburg allegations; he says those behind ‘fraudulent’ report owe an apology

New Delhi: In a big boost to tycoon Gautam Adani, markets regulator Sebi on Thursday cleared the billionaire and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying fund transfer between group companies did not fall foul of any regulation. The Securities and Exchange Board of India (Sebi) in two separate…

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Pressure Mounts on BCCI Over HCA Voting

MS Shanker Fresh controversy is brewing around the Hyderabad Cricket Association (HCA), with growing calls for the state High Court–appointed one-man committee, headed by Justice Naveen Rao, to represent the association in the upcoming BCCI Presidential polls on September 28. The proposal was put forth by former HCA Secretary Sheshnarayan, who has written to both…

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India’s first large pvt gold mine in Andhra Pradesh to soon begin full-scale production: DGML MD

New Delhi: India’s first large private gold mine in Andhra Pradesh is likely to start its full-scale production very soon, a top official of Deccan Gold Mines Ltd said on Thursday. The development assumes significance as India currently imports around 1,000 tonnes of gold every year. The country is the largest importer of gold after…

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CEC Gyanesh Kumar protecting “vote chors’, destroyers of democracy: Rahul Gandhi

New Delhi: Congress leader Rahul Gandhi on Thursday accused Chief Election Commissioner Gyanesh Kumar of protecting “vote chors” and people who have destroyed democracy, and cited data from a Karnataka Assembly constituency to claim that votes of Congress supporters were being systematically deleted ahead of elections. The Election Commission must stop this and provide, within…

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