Latest News for: Corporate offshore

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Adani Group stocks: Why is NSE not reevaluating index membership, questions TMC MP Mahua Moitra

Live Mint 03 Feb 2023
... in its report, alleged that Adani used offshore shells for money laundering and siphoned from listed companies. The short seller, which took a position in offshore Adani securities, characterized the group’s meteoric rise as “the largest con in corporate history.' .
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Adani’s $108 billion crisis shakes investors’ faith

Live Mint 03 Feb 2023
The short seller, which took a position in offshore Adani securities, characterized the group’s meteoric rise as “the largest con in corporate history.” While many of the claims have circulated among the Indian investing class and media for years, their emergence in the global conversation seemed to trigger a crisis of confidence.
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Adani’s $108 billion crisis shakes investors’ faith in India

The Times of India 03 Feb 2023
The short seller, which took a position in offshore Adani securities, characterized the group’s meteoric rise as “the largest con in corporate history.” While many of the claims have circulated among the Indian investing class and media for years, their emergence in the global conversation seemed to trigger a crisis of confidence.
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Adani's Rs 8.8 lakh crore crisis shakes investors' faith in IndiaOnce ranked No 2 among ...

Deccan Herald 03 Feb 2023
The short seller, which took a position in offshore Adani securities, characterized the group’s meteoric rise as “the largest con in corporate history.” While many of the claims have circulated among the Indian investing class and media for years, their emergence in the global conversation seemed to trigger a crisis of confidence.
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SK oceanplant seeks future in oceans

Korea Times 02 Feb 2023
Employees of SK oceanplant pose for a photo in front of an offshore wind turbine jacket to be exported ... SK oceanplant, an offshore wind power affiliate of SK Group, plans to become the first mover in the global top-tier offshore wind power generator industry ... At offshore wind farms, there are no obstacles that can interrupt wind flow.
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Gautam Adani fails to calm investors as market wipeout hits $100 billion

CNN 02 Feb 2023
These range from asking for details on Adani’s offshore entities, to why it has “such a convoluted, interlinked corporate structure.” While the Adani Group had immediately denounced the report as “baseless” and “malicious,” the video address marked the first time the company’s founder has spoken about the crisis.
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FPIs stare at higher tax on debt investment

Financial Express 02 Feb 2023
Follow Us ... Also read. Markets Ahead ... The concessional rate has also helped reduce borrowing costs for the government and firms and boosted offshore lending in G-Secs and corporate debt ... Overseas investors in the corporate debt market generally invest for longer tenures and look for tax certainty vis-a-vis expected income to be earned during the period.
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Ouster and Velodyne Achieve Guidance and Announce Combined Company Board of Directors in Anticipation of ...

The Joplin Globe 02 Feb 2023
Ouster Nominating and Corporate Governance Committee memberRiaz Valani ... Boulet serves as a director of W&T Offshore, Inc (WTI.NYSE), the Chairperson of its Nominating and Corporate Governance Committee and on its Audit and Compensation committees ... Maddock previously served on the Board of Intersil Corporation (Nasdaq.
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Potential mapped for offshore carbon stores

China Daily 01 Feb 2023
If the offshore potential is fully tapped, it may make significant contributions to the country's climate targets of peaking carbon dioxide emissions before 2030 and realizing carbon neutrality before 2060 ... In August that year, the country's first offshore CCUS demonstration project was put into operation by China National Offshore Oil Corporation.
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Noble Corporation plc announces changes to its share capital

Longview News-Journal 01 Feb 2023
31, 2023 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE ... About Noble Corporation ... View original content.https.//www.prnewswire.com/news-releases/noble-corporation-plc-announces-changes-to-its-share-capital-301735377.html. SOURCE Noble Corporation plc.
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Italy, Libya sign gas deal worth $8 billion during Meloni visit

Beijing News 01 Feb 2023
TRIPOLI, Libya ... During the visit, Claudio Descalzi, CEO of ENI, Italy's state-run energy company, and NOC chairman Farhat Bengdara signed an $8 billion agreement with Libya's National Oil Corporation to develop two Libyan offshore gas fields ... "Libya is clearly for us a strategic economic partner, Meloni said ... ....
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New York-based bank denies issuing certificate to POGO independent auditor

Manila Standard 31 Jan 2023
A New York-based bank denied that it issued bank certification to a third-party audit firm chosen by state-run Philippine Amusement and Gaming Corp. to handle financial matters with Philippine Offshore Gaming Corporations ... Global ComRCI won a 10-year contract from PAGCOR in 2017 to audit offshore licensees ... ....
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TSMC turning its back on its pledge

Taipei Times 31 Jan 2023
By Tracy Cheng 鄭楚忻 ... This case foreshadows many more to come ... In addition to purchasing offshore wind energy via corporate power purchase agreements, TSMC must diversify its own renewable energy portfolio, and increase direct investment in renewable energy and self generation, especially in the form of rooftop solar panels on its buildings ... .
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Adani vs Hindenburg: India’s top businessman faces biggest test

CNN 31 Jan 2023
These range from asking for details on Adani’s offshore entities, to why it has “such a convoluted, interlinked corporate structure.” Since the report’s release, there has been furious back-and-forth between the Adani Group and Hindenburg, with the Indian conglomerate saying Thursday it was considering legal action.
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Italy's Eni inks gas project deal in Libya

Natural Gas World 30 Jan 2023
Italy’s Eni and the National Oil Corporation of Libya (NOC) have agreed to develop a gas project offshore Libya that will supply to the local market and to Europe, Eni said on January 28 ... Eni last November exported the first shipment of LNG produced from the Coral gas field, offshore Mozambique.

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