The business empire of Indian Industrialist Gautam Adani is under the radar of the US authorities. The combined market capitalization of all 11 Adani stocks fell by around Rs 2.25 lakh crore to Rs 12 lakh crore. The investigation and its outcomes into allegations by the US persecutors will likely continue to influence investor sentiment and market performance for the Adani Group in the near term. But why is the US involved in this? What is the Gautam Adani bribery controversy all about? In this video Mid-day journalist, Katyayani Kapoor explains. Take a look.
21 November,2024 06:35 PM IST
BJP spokesperson Sambit Patra addressed the allegations against Gautam Adani and his company in the US during a press conference in Delhi. He explained that the company is involved in a legal case in the US, which includes both allegations and counter-allegations. Patra stated that the company will defend itself and issue a statement regarding the matter. He emphasized that the company will handle the situation on its own, and the law will take its course. Patra also mentioned that the issue has been widely covered in the media, but the company will provide its own response to the allegations.
21 November,2024 05:23 PM IST
Maharashtra Deputy Chief Minister Devendra Fadnavis expressed confidence in the Bharatiya Janata Party's (BJP) prospects in the upcoming state elections, citing the increased voter turnout as a positive indicator. Fadnavis believes that higher voter participation typically benefits the BJP, with a pro-incumbency sentiment helping boost support for the current government. He highlighted the increased backing from women voters, attributing this shift to the success of the Ladki Bahin scheme. Despite the growing momentum, Fadnavis emphasized that discussions about the Chief Minister's post will only take place after the election results are declared, stressing the importance of collective decision-making within the party.
21 November,2024 04:35 PM IST
Rahul Gandhi has called for the arrest of Gautam Adani after he was charged in the US over an alleged bribery scheme. Speaking at a press conference, the leader of the Opposition in Lok Sabha said that it is clear from the US investigation that Adani has violated both Indian and American laws. Gandhi questioned why Adani, despite being indicted in the US, is still free in India. He pointed out that while many Chief Ministers have been arrested for corruption, Adani, who is accused of a Rs 2000 crore scam and more, remains untouched. Gandhi claimed this proves Prime Minister Modi is protecting Adani and is involved in corruption with him.
21 November,2024 03:28 PM IST
Delhi BJP leaders, including the party's state president, along with several workers, were detained by the police during a protest near the residence of AAP leader Arvind Kejriwal. The protest was organized by the BJP in response to the ongoing controversy over the 'Sheesh Mahal' (Glass Palace). The protesters raised concerns about the alleged misuse of public funds for the construction of the building, which has become a point of contention between the two parties. As the protest escalated, police intervened and detained the BJP leaders and workers, leading to tensions in the area. The incident highlights the ongoing political feud between the AAP and BJP in the capital.
21 November,2024 02:52 PM IST
Prime Minister Narendra Modi is currently visiting Guyana for a three-day trip, marking the second India-CARICOM summit. The summit, held in Georgetown, brings together leaders from India and CARICOM countries, which are island nations in the Caribbean. At the inaugural ceremony, PM Modi, Guyana President Irfan Ali, and the CARICOM Secretary-General shared their views. The first India-CARICOM summit took place in New York in 2019, initiated by PM Modi during the UN General Assembly. The summit focuses on important issues like economic development, climate change, and regional security, reflecting India’s commitment to supporting the Global South. Modi’s visit strengthens ties with Caribbean nations, helping to boost cooperation in these key areas.
21 November,2024 01:23 PM IST
Maharashtra Congress President Nana Patole has stated that the Maha Vikas Aghadi (MVA) government will be formed in Maharashtra under Congress leadership. He believes that based on current voting trends and public feedback, most Congress candidates will win in the state. Patole criticized BJP's national general secretary for allegedly distributing money and violating the code of conduct, claiming that his hotel stay was restricted after 5 pm. He also questioned the BJP’s actions, mentioning that Devendra Fadnavis's PA is contesting elections from Wardha, where liquor bottles were found despite it being a liquor-ban district. Patole raised concerns about BJP using money and liquor for votes and accused them of not respecting the constitutional system.
21 November,2024 12:27 PM IST
Five people lost their lives, and fifteen others were injured when a double-decker bus collided with a truck on the Yamuna Expressway in Aligarh on the night of November 20th, Wednesday. The bus, traveling from Delhi to Azamgarh, was overtaking another vehicle when it crashed into a truck carrying glass items. The accident occurred in the Tappal area of Aligarh, where visibility was significantly reduced due to fog, increasing the likelihood of accidents. The bus, operated by Krishna Travels, a company based in Faizabad, was heading towards Azamgarh when the tragic incident took place. The bodies of the deceased passengers have been sent for post-mortem, while the truck involved in the accident has been seized by the police. Following the accident, police teams rushed to the scene and initiated rescue and relief operations. The injured passengers were quickly transported to a nearby hospital, where they are receiving treatment. Legal proceedings have been started in connection with the incident. Traffic on the Yamuna Expressway was later cleared and normal movement was resumed. The authorities are investigating the cause of the UP bus accident, with poor visibility due to fog being a major factor.
21 November,2024 11:25 AM IST
In the past 10 years, Prime Minister Narendra Modi has received top honors from several countries worldwide. On November 21, during his visit to Guyana and Barbados, he was conferred with their highest awards. Guyana awarded him "The Order of Excellence," while Barbados will honor him with the "Honorary Order of Freedom." Dominica also presented PM Modi with its highest award, the "Dominica Award of Honour." These awards add to his impressive list, which includes prestigious honors like Russia's "Order of St. Andrew the Apostle" and the U.S. "Legion of Merit." With these three new awards, PM Modi has now received 19 international accolades. He arrived in Guyana after attending the successful G20 summit in Brazil.
21 November,2024 11:09 AM IST
Prime Minister Narendra Modi has arrived in Guyana for a historic visit, marking the first visit by an Indian Prime Minister in 56 years. He was warmly greeted in Georgetown by President Mohamed Irfaan Ali, along with ministers from Guyana and the Prime Ministers of Grenada and Barbados. The visit will focus on strengthening ties based on shared heritage and values. PM Modi will also honor the Indian diaspora, who have been in Guyana for over 185 years. During his two-day trip, he will meet with President Ali, address the Guyanese parliament, and attend the 2nd India-CARICOM Summit. PM Modi was presented with the ‘Key to the city’ and enjoyed local cultural performances.
21 November,2024 10:21 AM ISTADVERTISEMENT
