Facebook Pixel Bombay HC Discharges Gautam Adani in Market Manipulation Case | The Statesman Kolkata – newspaper – Lesen Sie diese Geschichte auf Magzter.com

Versuchen GOLD - Frei

Bombay HC Discharges Gautam Adani in Market Manipulation Case

The Statesman Kolkata

|

March 18, 2025

The Bombay High Court discharged Adani Enterprises Ltd Group Chairman Gautam Adani and Managing Director Rajesh Adani on Monday from a case of alleged violations of capital market regulations which supposedly involved Rs 388 crore.

- STATESMAN NEWS SERVICE

Bombay HC Discharges Gautam Adani in Market Manipulation Case

The case involved allegations of market regulation violations amounting to nearly Rs 388 crore and stemmed from concerns about regulatory compliance as well as financial transactions flagged during an investigation by the Serious Fraud Investigation Office (SFIO) in 2012.

Quashing the sessions court order and discharging both Gautam Adani and Rajesh Adani, the Bombay HC's single bench of Justice R N Laddha's order stated that, "A careful evaluation of the submissions and records makes it evident that the complaint fails to satisfy the essential ingredients of the offence of cheating."

WEITERE GESCHICHTEN VON The Statesman Kolkata

The Statesman

Pracheen Kala Kendra Revives Khayal’s Golden Era, Defying Modern Pop Monotony

A unique two-day music festival titled ‘‘Gharanon Ki Swarnim Raganjali’’ was organized by Pracheen Kala Kendra, Chandigarh, at Triveni Kala Sangam.

time to read

3 mins

May 16, 2026

The Statesman

Adani Group, US SEC agree to settle civil fraud case:

New Delhi: The US authorities and the Adani Group have agreed to settle a civil fraud case filed by the US Securities and Exchange Commission (SEC) against Gautam Adani, Chairman of the Adani Group and his nephew Sagar Adani, on the payment of civil penalties amounting to a combined $18 million.

time to read

1 min

May 16, 2026

The Statesman Kolkata

‘Sindoor marked a new normal’

As India marks one year of Operation Sindoor, its strategic, operational, and psychological impact continues to shape the country’s security doctrine.

time to read

5 mins

May 16, 2026

The Statesman Kolkata

Mbappé among players jeered by Real Madrid fans at the Bernabeu in 2-0 win over Oviedo

Real Madrid fans made their discontentment known Thursday by jeering players at the Santiago Bernabeu stadium before a 2-0 win over already relegated Oviedo.

time to read

1 mins

May 16, 2026

The Statesman Kolkata

BJP MLA Rathindra Bose elected as Speaker of 18th WB Assembly

Bharatiya Janata Party (BJP) MLA from the Cooch Behar Dakshin (South) constituency Rathindra Bose on Friday was elected as the new Speaker of the West Bengal Legislative Assembly.

time to read

1 mins

May 16, 2026

The Statesman Kolkata

Kerala CM choice fuels Congress leadership succession buzz

Rahul Gandhi is said to “value” leaders who make “isacrifices” for the party. By that measure, senior Congress leader K.C. Venugopal may have earned extra political capital and brownie points after “voluntarily” stepping aside from the race for Kerala chief minister in favour of V. D. Satheesan following the Congress-led UDF’s victory in the May 2026 Assembly elections.

time to read

2 mins

May 16, 2026

The Statesman Kolkata

US military defends Iran strikes

The Trump administration's Iran campaign came under intense scrutiny at a Senate hearing, with US military commanders claiming Tehran's military capabilities had been severely degraded even as lawmakers warned of rising economic and regional risks.

time to read

1 min

May 16, 2026

The Statesman Kolkata

Adani Group, US SEC agree to settle civil fraud case

The US authorities and the Adani Group have agreed to settle a civil fraud case filed by the US Securities and Exchange Commission (SEC) against Gautam Adani (photo), Chairman of the Adani Group and his nephew Sagar Adani, on the payment of civil penalties amounting to a combined $18 million.

time to read

1 min

May 16, 2026

The Statesman Kolkata

After Nikhat, Sakshi stuns Meenakshi to earn CWG, Asian Games berth

Former two-time youth world champion Sakshi Chaudhary is on a giant-killing spree. A day after eliminating two-time world champion Nikhat Zareen, the Bhiwani boxer capped off an impressive campaign at the national boxing trials by defeating reigning world and Asian champion Meenakshi Hooda to secure her place in India’s squad for the upcoming Commonwealth Games in Glasgow and the Asian Games in Japan.

time to read

1 min

May 16, 2026

The Statesman Kolkata

India’s trade deficit expands to $28.38 billion in April

India’s merchandise trade deficit widened to $28.38 billion in April with the merchandise exports increasing to USD 43.56 billion in April 2026 compared with USD 38.28 billion in the corresponding month last year, while merchandise imports climbed to USD 71.94 billion from USD 65.38 billion.

time to read

1 min

May 16, 2026

Listen

Translate

Share

-
+

Change font size