Adani stocks jump on reports of plea to drop US charges
NEW DELHI: All listed Adani group stocks ended sharply higher on Monday, amid reports that
's representatives met with US administration officials to seek the dismissal of criminal charges in a
. The stock of Adani Total Gas zoomed 11%,
jumped 7%,
rallied 6.6%,
surged 6.3% and Adani Power climbed 5.9% on BSE.
Tired of too many ads? go ad free now
In Nov last year, US authorities charged Adani, his nephew and ED Sagar Adani and MD Vneet S Jaain for being involved in an alleged scheme to pay bribes to Indian government officials to win solar energy contracts, and concealed the plan as they sought to raise money from US investors.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
31 minutes ago
- Hindustan Times
Kerala woman accused of marrying several men and duping them, arrested
A woman, accused of marrying several men and duping them, has been arrested as she was about to marry her latest victim, a panchayat member from Aryanad here, police said on Saturday. The woman was arrested on Friday and an FIR was registered against her on the same day after her intentions were discovered by the groom just hours before the wedding, police said. An officer at Aryanad police station, where the case was registered, said that the groom found out about her previous marriages when he examined her bag while she was getting ready for the wedding. He informed the police and she was arrested, the officer said. Also Read | Three women of gang that targeted single older men arrested According to the complainant-groom, she contacted him over the phone in May by initially posing as her own mother and talked about a marriage proposal. Thereafter, she called and messaged him as herself and claimed that she was unmarried and adopted and that her mother was not interested in marrying her off, the panchayat member said in his complaint. She convinced him to get married and June 6 was fixed as the wedding date. Also Read | Two Indian brothers indicted on charges of marriage fraud scheme in US The complainant has claimed that he suffered a loss of ₹7.5 lakh that he had spent on wedding preparations. Police said an investigation has been launched to find out how many men the woman had duped in this manner. According to a preliminary investigation, the accused woman has been married 7-8 times already, police said.
Indian Express
35 minutes ago
- Indian Express
Canadian PM reveals why he invited PM Modi to G7 meet
Hours after inviting Prime Minister Narendra Modi to this month's G7 meet in Alberta, Canadian Prime Minister Mark Carney Friday pointed to India's status as the fifth-largest economy as a reason for the invite. Canada's action is seen as a step toward improving ties between the two countries, which had seen a sharp dip under the previous prime minister Justin Trudeau. 'As chair of the G7, it is important to invite the most important countries to attend to talk about important issues such as energy, artificial intelligence, critical minerals, and India is really at the very centre of global supply chains,' Carney said during a news conference on Parliament Hill, as reported by The Globe and Mail. Carney also said that the most populous country in the world, with the fifth largest economy, should be present at the year's G7. The two countries had downgraded diplomatic ties after Justin Trudeau, the then Canadian PM, set off a political storm in 2023 when he alleged 'potential' involvement of Indian government agents in the killing of a Canada-based Khalistan separatist, Hardeep Singh Nijjar. India rejected the charges as 'absurd' and 'motivated'. On Friday, Carney declined to say whether he believed India had any involvement in Nijjar's death. 'There is a legal process that is literally under way and quite advanced in Canada, and it's never appropriate to make comments with respect to those legal processes,' Carney told. Carney, however, added that Canada and India had agreed to 'continued law enforcement dialogue,' though he did not confirm whether this includes cooperation in the Nijjar investigation. PM Modi had on Friday confirmed his attendance at the G7 in a post on X, saying he congratulated Carney on his election victory and that 'India and Canada will work together with renewed vigour, guided by mutual respect and shared interests.' 'Glad to receive a call from Prime Minister Mark J Carney of Canada. Congratulated him on his recent election victory and thanked him for the invitation to the G7 Summit in Kananaskis later this month. As vibrant democracies bound by deep people-to-people ties, India and Canada will work together with renewed vigour, guided by mutual respect and shared interests. Look forward to our meeting at the Summit,' PM Modi said in a post on X. Usually, G7 host countries invite some countries as guest countries or outreach partners. Canada had so far invited Ukraine and Australia. India has been invited to every G7 Summit since 2019. Barring 2020 when the G7 huddle was cancelled by the US, the host country, Modi has attended every Summit since August 2019.
News18
36 minutes ago
- News18
Techie Resigns After Being Blamed For Project Delay Due To Father's Death
Last Updated: An Indian techie resigned from his company after his manager blamed his marriage and father's death for project delays. An Indian tech professional recently opened up about the mental harassment he endured at work, which ultimately pushed him to resign. In his post, he revealed that the mistreatment went beyond professional boundaries; he faced personal attacks involving his father and his marriage, leaving him with no choice but to step away from the job. The post begins with the techie saying that he joined the company as a fresher in 2022 on a CTC of Rs 8.5 lakh. 'From day one, the environment felt toxic and manipulative — you could clearly sense the unhealthy hierarchy and how everyone in tech was focused on pleasing a particular senior person rather than doing meaningful work," he said. In the 2024 appraisal cycle, the employee listed his achievements. He said that most of the management appreciated his work, but 'that one influential person didn't". The user said that this was because he was not one of those trying to please that person constantly. The employee resigned in April 2024, but was retained with the promise of being given a 55% hike one year later, that is in April 2025. This was only a verbal agreement with no written record. During the 2025 appraisal cycle, he got only a 37% hike instead of 55% as promised. However, this was not the reason for his resignation. The user explains the backdrop by stating that he got engaged in December 2024, married in February 2025, and lost his father in April 2025. During the appraisal, he had a one-on-one meeting with his team lead, who said, 'You should have resigned around your wedding, do you even realize how much your marriage delayed the work? Because of your father's situation and the leave you took, my timeline commitment couldn't be fulfilled." This stunned the techie. 'That was the final straw for me. I looked at him and said very calmly, 'Please watch what you're saying and think before you speak. Choose your next words carefully,'" he said. Finally, the employee resigned on June 3 without a job offer. 'I'm honestly unsure whether this was the right call — the job market is tough, and I'm not fully prepared for interviews yet," the user posted. The post saw several reactions on Reddit. 'Name and shame the company so that others don't have to go through what you went through," said one user. 'I know how it is to be under a toxic person. You stood up for yourself, and we are proud of that. And one day you will be glad that you did. You will surely get into some good company," wrote another user. What do you think about it? First Published: June 07, 2025, 17:43 IST
