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Securities fraud by the 'Madoffs of Manhattan', says Adani group
It further said the report by Hindenburg Research is nothing but a lie
16 hours ago | Companies | Add to My Page
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Fraud can not be obfuscated by nationalism: Hindenburg on Adani's rebuttal
The US-based short seller said that the Adani Group 'tried to lead the focus away from substantive issues and instead stoked a nationalist narrative'
5 hours ago | Companies | Add to My Page
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Budget 2023: What is the Economic Survey? All you need to about it
The Survey reviews the economic and financial trends in the nation over the past year and provides detailed data and analysis on all the major sectors of the economy
19 hours ago | Budget | Add to My Page
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Rebound in Adani group stocks key to Rs 20,000-crore FPO's success
The FPO managed to garner bids worth Rs 150 crore on its first day amid an 18 per cent crash in AEL's stock
15 hours ago | Markets | Add to My Page
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Budget 2023-24: With all eyes on growth, it's over to FM Sitharaman
Even as India is a relatively bright spot in the global economy, most of its big trading partners in the West, and China are bracing for a deep slowdown and, in some cases, a recession
15 hours ago | Budget | Add to My Page
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Gati Shakti push: 18 road projects headed for the fast lane in FY24
62 critical projects to be awarded by FY25
15 hours ago | Budget | Add to My Page
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When the middle class takes centre stage
While the tax slabs may be reasonable, many exemptions have become anachronisms - they don't reflect the reality when we take into consideration the cost of inflation
21 hours ago | Opinion | Add to My Page
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Explained: Why Chinese electronics companies are getting a break in India
A small policy relaxation outside the rubric of Press Note 3 is designed to help global and domestic electronics manufacturing build a local supply chain ecosystem
19 hours ago | Companies | Add to My Page
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Stocks to Watch: Adani Group, Bajaj Finance, Zomato, Tata Motors, L&T, NMDC
Stocks to watch today: In a 413-page document, Adani retaliated against the American short-seller, saying the document was a "malicious combination of selective misinformation and concealed facts"
6 hours ago | Markets | Add to My Page
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Hockey World Cup Final Highlights: Germany beat Belgium, lift third title
Germany vs Belgium Hockey World Cup 2023 Final Highlights: After it finished 3-3 in regulation time and 3-3 in the five-shot Shoot-out, Germany held their nerves to win it in sudden death.
22 hours ago | Sports | Add to My Page
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Adani group's market rout hits $66 bn as fight with Hindenburg escalates
Adani Enterprises rose 4.3% to 2,879.7 rupees as of 10:51 a.m. in Mumbai, still below the floor price it has set for its follow-on equity sale
2 hours ago | Markets | Add to My Page
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Adani Enterprises zooms 10% post clarification, other group stocks mixed
Adani Ports and Special Economic Zone (Rs 658.45) and Ambuja Cements (Rs 419.25), too, were locked in their respective 10 per cent upper circuits
4 hours ago | Markets | Add to My Page
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Govt exploring legal options on pending CCI approval of 16 mergers
Seeks solutions within statutory framework of Competition Act to speed up approvals
23 hours ago | Economy & Policy | Add to My Page
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LIC continues to bet big on Adani FPO, net gainer despite share price rout
Life Insurance Corporation (LIC) is ploughing more money into Adani group's flagship firm as it continues to be a net gainer despite the plunge in stock prices following a short seller's fraud allegations, filings and stock market data showed. LIC, India's largest life insurer, invested about Rs 300 crore in buying 9,15,748 more shares as an anchor investor in a Rs 20,000-crore new share sale by Adani Enterprises Ltd, according to a stock exchange filing of AEL. The shares that LIC picked totalled 5 per cent of the stocks reserved for anchor investors. In all 33 institutional investors put in Rs 5,985 crore as anchor investors in AEL. LIC already had 4.23 per cent stake in AEL, just like it has holding in other six listed companies of Adani Group. According to stock exchange information, LIC made a total investment of Rs 28,400 crore in Adani shares over the last few years. The value of these shares was Rs 72,200 crore before the report of the US short seller triggered a stock pric
17 hours ago | Companies | Add to My Page
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Hindenburg report 'gas and fire', our FPO, investment plans on track: Adani
Group cos churning Rs 1,100 cr Ebitda a week
17 hours ago | Companies | Add to My Page
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Odisha minister Naba Kishore Das shot at by cop in chest, dies of injuries
Odisha's Health and Family Welfare Minister Naba Kishore Das died of bullet injuries on Sunday, Apollo Hospital officials said. Earlier in the day, Das was shot and grievously injured when he got out of his car, allegedly by a police officer who was captured. The injuries were repaired, and steps were taken to improve the pumping of the heart. He was given urgent ICU care. But, despite best of efforts, he could not be revived and succumbed to his injuries, a statement issued by the hospital said.
18 hours ago | Current Affairs | Add to My Page
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More downside seems likely on the Nifty, Bank Nifty, says Ravi Nathani
According to the technical analyst, the key support for the Nifty is at 17,475, below which the NSE benchmark can slide to 17,040 and 16,660 levels.
6 hours ago | Markets | Add to My Page
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JSW Energy steps up focus on battery storage to address intermittency
Intermittency refers to irregular power supply from renewable sources, since they aren't always available; Projects from SECI first in this segment; will look at more, says company MD Prashant Jain
22 hours ago | Companies | Add to My Page
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Rail Vikas, Titagarh: Bullish trend in railway-related stocks may continue
Rail Vikas Nigam, Titagarh Wagons and Texmaco Rail & Engineering may soar up to 18 per cent in coming sessions
2 hours ago | Markets | Add to My Page
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Memory chip crisis threatens to wipe out earnings, destabilise suppliers
It's been a swift descent from the industry's pandemic sales surge, which was fueled by shoppers outfitting home offices and snapping up computers, tablets and smartphones
7 hours ago | International | Add to My Page
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