Category: Business
‘Banks stable’: RBI amid concerns of exposure to Adani rout
Amid heightened uncertainties regarding Adani Group in the aftermath of a jarring Hindenburg report, the Reserve Bank of India on Thursday dismissed concerns about the…
LIC, SBI’s exposure within permitted limits: Nirmala Sitharaman on Adani crisis
Finance minister Nirmala Sitharaman on Friday reacted to the Adani crisis in an interview with News18 where she cited the statements of the SBI and…
Amul hikes milk prices by ₹3 per litre | Check details
The Gujarat Cooperative Milk Marketing Federation (GCMMF), famous for Amul brand, has hiked the prices of milk by ₹3 per litre across all variants. “We…
Adani lost $108 billion in a week: ‘Headlines generating negative attention’
Gautam Adani, the multi-billionaire, is battling the worst crisis of his corporate life. Since the Hindenburg Research report on January 24, accusing the Adani Group…
Boris Johonson’s brother quits Adani-linked firm; Cong says ‘not a squeak’ here
The Congress turned the heat on the government over the Adani row based on reports that former UK Prime Minister Boris Johnshon’s brother Lord Jo…
NSE puts some Adani firms under ASM framework amid stock rout
India’s National Stock Exchange on Thursday placed Adani Enterprises, Adani Ports and Ambuja Cements under additional surveillance mechanism that will require 100% margin to trade…
Bangladesh asks Adani Power to revisit 2017 pact over ‘excessive’ pricing: Report
NEW DELHI: Authorities in Bangladesh have sought a revision of an agreement with Adani Power Ltd for importing electricity from a thermal power plant in…
Adani calls off share sale: What is an FPO? How is it different from IPO?
Adani Enterprises has decided not to proceed with its fully subscribed Follow-on Public Offer (FPO), the conglomerate said in a statement late on Wednesday, hours…
$2.5 billion share sale cancelled; Adani Enterprises tumble over 28%
Under-fire Indian tycoon Gautam Adani insisted Thursday that the fundamentals of his conglomerate were “strong” even as shares in its companies plunged again after the…
Markets recover after early fall; Sensex climbs to 59,886, Nifty at 17,606
Equity benchmarks fell in initial trade on Thursday, but later bounced back to trade in the positive territory, amid firm global market trends and foreign…