Maharashtra inked MoUs worth Rs 3.53 lakh crore at WEF in Davos: CM Eknath Shinde

Maharashtra inked MoUs worth Rs 3.53 lakh crore at WEF in Davos: CM Eknath Shinde

Maharashtra Chief Minister Eknath Shinde has said that the state has inked memorandums of undertaking (MoUs) worth Rs 3,53,675 crore at the World Economic Forum 2024 in Davos, Switzerland. Shinde thanked investors, noting the increased confidence of global industries that showed interest in investing Rs 1 lakh crore in Maharashtra. These MoUs have the potential … Read more

Rich Rout! These top 6 billionaires lost more than $80 billion this year – Falling Fortunes

Rich Rout! These top 6 billionaires lost more than $80 billion this year – Falling Fortunes

Tata Consumer Products. Share Price 1086.80 03:59 PM | 29 Dec 2023 45.80(4.39%) Tata Motors. Share Price 779.95 03:59 PM | 29 Dec 2023 26.06(3.45%) Bajaj Auto. Share Price 6797.25 03:59 PM | 29 Dec 2023 93.95(1.40%) Adani Enterprises. Share Price 2848.95 03:59 PM | 29 Dec 2023 39.05(1.38%) Eicher Motors. Share Price 4143.50 03:59 … Read more

Year-ender 2023: Who all moved my stocks in a record-breaking year?

Year-ender 2023: Who all moved my stocks in a record-breaking year?

For Dalal Street, the year 2023 was like one of filmmaker Karan Johar’s movies, filled with multi stars and bundles of emotions. Try rearranging the words in one of his famous movie titles “Kabhi Khushi Kabhi Gham” and that’s how the mood on Dalal Street was in 2023. The year started on a negative note … Read more

Congress cites news on Adani auditor under NFRA lens, says something ‘truly rotten’ in conglomerate

Congress cites news on Adani auditor under NFRA lens, says something ‘truly rotten’ in conglomerate

Jairam Ramesh. File | Photo Credit: ANI The Congress on October 26 cited a media report that one of the Adani Group’s long-time auditors is being scrutinised by India’s accounting regulator to allege that “something is truly rotten” in the conglomerate. Congress general secretary Jairam Ramesh’s attack on the Adani Group came after a media … Read more

Some people rattled by India’s growth outlook: BJP on opposition attack on govt over Adani issue

Some people rattled by India’s growth outlook: BJP on opposition attack on govt over Adani issue

BJP on Thursday reacted strongly to questions raised by Congress leader Rahul Gandhi, based on reports in the international media. BJP said that some people were rattled by India’s growth outlook under the Modi government and were trying to malign the image of the country. BJP national spokesperson Syed Zafar Islam told ETthat India is … Read more

Exchanges fine Adani Enterprises for non-compliance of Sebi listing norms

Exchanges fine Adani Enterprises for non-compliance of Sebi listing norms

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

Adani group will thrive with or without Modi, bets GQG’s Jain

Adani group will thrive with or without Modi, bets GQG’s Jain

Veteran fund manager Rajiv Jain said his GQG Partners LLC holds about $13 billion in India stocks and plans to buy more, downplaying corporate governance and political risks associated with his headline-generating investments in billionaire Gautam Adani’s beleaguered conglomerate. GQG holds positions in companies, including cigarette and hotel group ITC , the country’s biggest drugmaker … Read more

Adani to raise $3.5 bn from share sale in three group cos

Adani to raise $3.5 bn from share sale in three group cos

Billionaire Gautam Adani‘s conglomerate is looking to raise about USD 3 billion through an equity share sale to institutional investors in the boldest comeback strategy after the ports-to-energy group was hit by a damning report of a US short seller. While boards of Adani Enterprises Ltd – the group’s flagship firm – and electricity transmission … Read more

Adani Green board meet on Wednesday to mull fundraising cancelled

Adani Green board meet on Wednesday to mull fundraising cancelled

MUMBAI – Adani Green Energy Ltd has cancelled the board meeting on Wednesday, scheduled to consider and approve fundraising options, the company said in an exchange filing. “It may please be noted that on account of non-availability of directors, the meeting of the board of directors is now cancelled,” the release said. The next date … Read more

Adani-Hindenburg probe: SC grants SEBI a 3-month extension

Adani-Hindenburg probe: SC grants SEBI a 3-month extension

The Supreme Court on Friday granted markets regulator SEBI a three-month extension to probe into allegations of stock price manipulation by the Adani Group and lapses in regulatory discourse. SEBI had sought a six-month extension into the same. The apex court had on March 2 asked the Securities and Exchange Board of India (SEBI)to probe … Read more