Honeypreet surrenders; detained by Harayana police: reports

News Network

October 3, 2017

Panchkula, Oct 3: Honeypreet Insan, "adopted daughter" of jailed Dera Sacha Sauda sect chief Gurmeet Ram Rahim Singh, surrendered herself to Punjab police on Tuesday and was subsequently handed over toHaryana police who are currently detaining her according to media reports.

The news of Honeypreet's arrestfollowed speculation of her surrender since her interviews withTV channels aired earlier today where she vigorously contested all allegations against her for inciting riots in Panchkula.

In the interviews, Honeypreet alias Priyanka Taneja, demanded evidence which supposedly proves her role in inciting riots in Panchkula and different parts of Haryana, Punjab and Delhi on August 25 when self-styled Godman Gurmeet Ram Rahim was convicted in twin rape cases. Around 30 people died and more than 350 were injured in the violence that ensued following his conviction.

" I want to ask, how can a girl go alone without appropriate permission in the middle of the force? Later they all said that I was wrong. I just need to say that all evidence is there for the world to see. They accuse me of being involved in riots, but do they have any evidence against me.I don't know why my name has been brought into this. I was in the chopper with papa (Gurmeet Ram Rahim) when he was being taken to the jail. We were not even aware of any unrest.

All channels were monitoring my movement, I was travelling with papa, even your channel had the videos, then how could I have inflamed riots in Panchkula? " she told India Today from an undisclosed location.

Honeypreet also denied rumours and speculation that suggested that she had fled to Nepal. "I was very much in India, I did not go to Nepal," she reportedly said.

"Truth will prevail and the world will see this. I'm pained and shocked, how can the world do this to us? We are great patriots and we love India," Honeypreet had said.

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Adani Group in Crisis: $30 Billion Wiped Out after US Bribery and Fraud Charges Emerge

News Network

November 21,2024

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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