Hero MotoCorp. Share Price 3280.05 04:03 PM | 16 Nov 2023 102.21(3.21%) Tech Mahindra. Share Price 1207.20 04:03 PM | 16 Nov 2023 33.46(2.84%) Tata Consultancy Services. Share Price 3497.85 04:03 PM | 16 Nov 2023 93.55(2.74%) HCL Technologies. Share Price 1311.05 03:59 PM | 16 Nov 2023 34.40(2.69%) Infosys. Share Price 1444.90 04:03 PM … Read more
The second quarter results, even though a bit mixed, were largely in line with the expectations so far. While the IT companies’ revenue forecasts were muted, private lenders reported good margins and improved asset quality. In the upcoming week, a slew of Nifty companies and some Adani group firms will announce their earnings. Here’s a … Read more
Mumbai: Abu Dhabi-based International Holding Company PJSC (IHC) said on Tuesday that it has raised its stake in Adani Enterprises Ltd (AEL) days after exiting two other Adani Group companies. IHC boosted its holding in Adani Group flagship AEL to more than 5% from the 3.53% stake it first acquired in May 2022 for ₹7,700 … Read more
BENGALURU – India’s market regulator has examined the funds named by a non-profit media organisation that were allegedly involved in investing millions of dollars in some publicly traded stocks of India’s Adani Group, said sources aware of the matter. According to the Organised Crime and Corruption Reporting Project (OCCRP), offshore structures based in Mauritius purchased … Read more
Exchanges BSE and NSE imposed penalty on Adani group’s flagship entity Adani Enterprises for non-compliance of Sebi listing rules relating to appointment of directorship. Both the exchanges have levied a fine of Rs 28,000 each. Sebi rules state that no listed entity shall appoint a person or continue the directorship as a non-executive director who … Read more
Shares of billionaire Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) fell nearly 4% to Rs 771 in Monday’s trade on BSE after the auditing firm Deloitte resigned as its auditor. Deloitte’s resignation comes after it asked Adani Ports to conduct an independent inquiry on related party transactions flagged by Hindenburg but the company … Read more
Mumbai: Deloitte Haskins & Sells LLP is set to resign as auditor for Adani Ports & SEZ in the next few days just a year after its reappointment amid differences with the company management over the auditor’s position on certain transactions, said multiple people aware of the development. According to one of the persons, a … Read more
Indian equities, ahead of the crucial RBI policy outcome on Thursday, ended on a positive note. The Nifty settled at 19,633, up 62 points, while the Sensex added 149 points, settling at 65,996. Sectorally, the trend was mixed with metal and media emerging as top gainers, while realty was the laggard. Here’s how analysts interpret … Read more
Indian equities fell on Tuesday, breaking their two-day winning streak, as investors turned cautious ahead of the key events — RBI’s monetary policy and the US inflation data — due to be announced later this week. Continuous foreign fund outflows and weak trend in Asian and European markets also played spoilsport for the domestic markets. … Read more
Widely tracked companies such as Maruti Suzuki, Adani Enterprises, Adani Transmission, Titan, IndiGo, Bharti Airtel, Sun Pharma, SBI, M&M, Varun Beverages, and Bank of Baroda would be releasing their June quarter report cards this week. Here’s a list: July 31Maruti Suzuki, Power Grid Corporation of India, Adani Green Energy, Adani Transmission, GAIL, Bosch, UPL, Oberoi … Read more