Adani Group Shares Fall by $19 Billion

13 Aug 2024 CW Team

Adani Group's shares have plummeted by up to $19 billion following allegations by Hindenburg Research, which accused the company of regulatory misconduct. The accusations have significantly impacted investor confidence and the company's market value.

Key Details:

Share Value Decline: Adani Group?s market capitalization has dropped by approximately $19 billion as a result of the recent controversies and allegations made by Hindenburg Research.

Accusations: Hindenburg Research has accused the Adani Group of serious regulatory violations and misconduct, which has led to heightened scrutiny and concern among investors.

Market Reaction: The allegations have led to a substantial decrease in Adani Group's share prices, reflecting a broader impact on investor sentiment and confidence in the company.

Regulatory Impact: The accusations have intensified calls for regulatory review and oversight, potentially leading to increased scrutiny from financial regulators and authorities.

Future Implications: The ongoing situation may have long-term repercussions for Adani Group?s financial stability and market reputation, affecting its business operations and investment prospects.

Overall, the significant drop in Adani Group's share value underscores the serious impact of regulatory allegations on investor confidence and market dynamics, highlighting the need for transparent and robust corporate governance.

Infrastructure Urban

16 Oct 2025

Shivraj Singh Chouhan inaugurates ICAR-IIMR admin block in Ludhiana

Union Agriculture Minister Shri Shivraj Singh Chouhan recently inaugurated the administrative building at the Indian Council of Agricultural Research – Indian Institute of Maize Research (ICAR-IIMR) in Ludhiana, Punjab. During the visit, he interacted with maize stakeholders, farmers, rural development scheme beneficiaries, and women self-help group (SHG) members. He said that under the leadership of Prime Minister Narendra Modi, the government’s key goals include boosting foodgrain production, reducing input costs, and improving farmers’ incomes. He highlighted the importance of div..

Google to Build Rs 10,000 Cr Data Centre in Visakhapatnam

In a major boost to India’s digital infrastructure, Google will establish a 1-GW hyperscale data centre and Artificial Intelligence (AI) hub in Visakhapatnam, Andhra Pradesh. The project, valued at Rs 100 billion, is expected to significantly contribute to the state’s economy and create more than 20,000 direct and indirect employment opportunities. Union Minister of State for External Affairs and Education, Dr Pemmasani Chandrasekhar, highlighted that this landmark investment by Google will help position Andhra Pradesh as a prominent digital hub under the “Swarandhra Pradesh” vision. ..

TCIL honoured with HR Excellence Award 2025

Telecommunications Consultants India Limited (TCIL), a Miniratna Schedule ‘A’ PSU under the Department of Telecommunications, has been honoured with the HR Excellence Award at the Fortune Leadership Awards 2025, held at Radisson Blu Plaza, Delhi. The accolade acknowledges TCIL’s outstanding HR practices promoting employee development, innovation, and inclusivity. The award was presented by Dr. Dinesh Upadhyay, Former Member, Ministry of AYUSH, and Shri M. S. Nethrapal, IRS, and received by Shri P. Suresh Babu, CGM (HR), in the presence of distinguished leaders from various sectors. Bet..