sec filing

US authorities are reportedly moving to end fraud cases against Gautam Adani, with the Department of Justice potentially dropping criminal charges and the SEC nearing a settlement in its civil case. This development could offer a significant legal reprieve for the billionaire and the Adani Group, which has been facing regulatory scrutiny.

Orders Completion of Delimitation and Electoral Rolls Revision for ULBs by June 20

Stocks of several Adani Group firms, including Adani Enterprises, Adani Green, Adani Power, Adani Ports, Adani Energy and Adani Total Gas, rose by as much as 3.5% after the case was effectively closed the securities and wire alleged fraud case in New York.

MC, PPCB Given 6 Weeks To File Replies; Mixed Waste Still Found Near MRF, Hearing On Aug 14

Cutouts of Deputy Chief Minister DK Shivakumar as the next CM appeared outside the Congress office in Bengaluru. Shivakumar firmly dismissed Prime Minister Narendra Modi's claims of a 'wobbling' Chief Minister's chair in Karnataka, stating all positions are stable and questioning the PM's observations.

Berkshire Hathaway, under new CEO Greg Abel, has significantly altered its investment strategy. Abel has more than tripled the stake in Alphabet (Google's parent company) and completely sold off Amazon shares, a departure from Warren Buffett's long-held tech aversion. Additionally, Berkshire made a substantial investment in Delta Airlines, another sector Buffett previously expressed skepticism about.

Elon Musk will pay a $1.5 billion fine to settle SEC allegations of defrauding Twitter shareholders. The settlement resolves a seven-year legal battle stemming from Musk's delayed disclosure of his growing stake in the social media company in 2022. This penalty, though termed 'modest' by some, aims to deter future violations.

Dell Technologies is moving its legal home from Delaware to Texas. This change is set for approval at the company's annual stockholders meeting on June 25, 2026. Texas Governor Greg Abbott welcomed the tech giant, highlighting its long history in the state.

The Orissa High Court has directed the state government and State Election Commission to initiate civic elections in Rourkela, pending for over a decade. The court disposed of a petition challenging the delay, stating that the previous tenure has long expired and elections should be held according to law.

The Orissa High Court has directed the State government and the State Election Commission to initiate civic elections in Rourkela, pending for over a decade. The court upheld the upgrade of Rourkela Municipality to a Municipal Corporation, while leaving the decision on election dates to the authorities.