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SECI INVESTIGATION
Anil Ambani faces look out circularAnil Ambani faces a lookout circular after being summoned by the ED in connection with a Rs 17,000 crore loan fraud case. The ED suspects A...
Anil Ambani faces Look Out Circular in ED’s Rs 17,000-crore loan fraud probeEnforcement Directorate issued a Look Out Circular against Anil Ambani. This action follows an investigation into an alleged Rs 17,000-cror...
ED probes fake bank guarantee racket tied to Anil Ambani Group; ₹68.2 cr guarantee to SECI found bogusThe Enforcement Directorate (ED) is investigating a money laundering case linked to a fake bank guarantee racket involving the Anil Ambani ...
India's solar energy agency changes bidding policy after Adani bribery allegations: ReportIndia's Solar Energy Corporation has revamped its bidding system. This follows US bribery allegations in some Adani Group power deals. SECI...
Andhra CM Chandrababu Naidu's tough choice: ₹2,100 cr penalty or ₹1.61L cr power bill on Adani's 7,000 MW solar project amid bribery allegationsThe Andhra Pradesh government, led by N Chandrababu Naidu, is considering terminating or renegotiating a 7,000 MW solar power agreement wit...
Azure group cited TDP PILs, SECI termed exit a 'breach'The US indictment centers on Azure Power's sudden exit from the Andhra Pradesh Power project due to prolonged litigation, despite SECI's op...
Chandrababu Naidu-led govt 'considering 3 options' to put Adani-linked PPAs on holdThe Andhra Pradesh government is exploring options to halt a power agreement with Adani Green Energy following bribery allegations. The sta...
Naidu government explores options to keep SECI solar deal alive amid bribery allegations against Adani groupThe Andhra Pradesh government is exploring options to maintain its 2021 solar power deal with SECI despite a US bribery scandal involving t...
Hundreds of people arrested on 'tiny' charges, why is Adani not in jail, asks RahulCongress alleges Adani Group is attempting to downplay US bribery accusations. Rahul Gandhi questions why Adani hasn't been arrested, accus...
Reliance Power shares jump over 3% after relief from High Court on SECI noticeReliance Power shares surged after a court ruling. The Delhi High Court halted a ban imposed by Solar Energy Corporation of India. SECI had...
Azure probe found irregularities, shared details with justice departmentAzure Power's internal probe, prompted by whistleblowers, uncovered employee misconduct and potential improper payments related to a solar ...
Key events in Gautam Adani's US indictment over alleged bribery schemeIndian billionaire Gautam Adani and two others have been indicted by U.S. prosecutors for allegedly orchestrating a $265 million bribery sc...
No documentary basis yet to start a probe into Adani fraud charges: SECI ChiefIndia's Solar Energy Corporation (SECI) stated that an investigation into allegations of fraud and bribery against Gautam Adani and others ...
Reliance Power shares slide 5% after SECI issues showcause notices over fake bank guaranteesSolar Energy Corporation of India (SECI) issued a show-cause notice to Reliance Power and its subsidiary, Reliance NU BESS, for allegedly s...
SECI issues showcause notices to RPower, its arm over fake bank guaranteesIndia's top renewable energy agency, SECI, has threatened legal action against Reliance Power, alleging the company submitted forged bank g...
Not changing view on Adani companies: JP Morgan amid probe reports"Overall, as details are very scant and the investigation itself might not lead to any successful prosecution, with likely limited potentia...
After DJB, Arvind Kejriwal accuses CBI of going after mohalla clinicsMohalla Clinics is one of the flagship projects of the AAP government. There are currently around 165 mohalla clinics aimed at providing fr...