SEBI likely to investigate Adani Green Energy for false disclosure
In March, the company told stock exchanges that it was not aware of any investigation against it in the US. The DoJ indictment unsealed on Wednesday says this is not true.
November 21, 2024•12 min
0
November 21, 2024•12 min
0
More in Business
Business
Infra.Market is a hamster wheel looking at a make-or-break IPO
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.
You may also like
Business
Murky waters ahead as shipping resists net-zero plan
The industry that moves 90% of world trade now wants to sink the first serious plan to clean up its climate footprint.
Business
Fix what’s broken with quarterly results, don’t dump them
The debate set off by President Trump offers an opportunity to move beyond the letter of disclosure rules and focus on their spirit. At any rate, more information is better than less.
Business
Adani is blazing the trail in India's coal comeback
Adani Power has boldly taken on the mantle of coal power's comeback in the country. But in doing so, it faces critical risks around asset obsolescence and climate misalignment.