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India's markets regulator has sent notices of regulatory violations to seven companies of the Adani conglomerate, including its flagship Adani Enterprises, the group said in stock exchange filings.
AHMEDABAD, India (Reuters) -- Indian ports-to-power conglomerate Adani Group will increase capital expenditures in fiscal year 2025 to 1.3 trillion rupees ($15.6 billion) from 700 billion rupees a year earlier, Chief Financial Officer Jugeshinder Singh said on Tuesday.
MUMBAI (Reuters) -- India's markets regulator has sent notices of regulatory violations to six companies of the Adani conglomerate, including its flagship Adani Enterprises, the group said in stock exchange filings.
These are some of the changes journalists attribute to a management shake-up at New Delhi Television Ltd., which billionaire Gautam Adani acquired more than a year ago through a hostile takeover. Ahead of India’s national elections, NDTV has morphed into a government mouthpiece, according to current and former employees. They say the channel – akin to India’s CNN – has shed its reputation as one of the country’s most fearlessly independent news outlets.
MUMBAI -- A year after Adani Group was hit with allegations of financial impropriety, the Indian conglomerate remains under pressure to bolster corporate governance as it starts making aggressive plans for its future.