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Adani Flagship's Profit Drops, Gets Queried by Indian Regulator [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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Most Read from Bloomberg US and Saudis Near Defense Pact Meant to Reshape Middle East Biden Calls Ally Japan ‘Xenophobic' Along With China, Russia Saudi Arabia Steps Up Arrests Of Those Attacking Israel Online Tesla Axes Supercharger Team in Blow to Broader EV Market Huawei Secretly Backs US Research, Awarding Millions in Prizes Adani Enterprises Ltd., which posted a 38% fall in quarterly profit, said India's markets regulator has queried it about possible violations. In the quarter ended March 31, the flagship of billionaire Gautam Adani empire received two so-called show-cause notices from the Securities and Exchange Board of India, or Sebi, about allegations of non-compliance of rules on stock exchange listing, related party transactions and validity of auditor certificates in the past, according to an exchange filing Thursday. No material impact is expected from these regulatory queries, it added. Other firms in the ports-to-power conglomerate have also received s
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