Benchmark indices snapped two days of losses to close higher on Tuesday. The 30-share BSE Sensex rose 204 points to settle at 66,174 and Nifty gained 95 points to end at 19,889. Stocks that were in focus included names like NDTV, which rose 12%, TCS, which jumped 0.4%, and Suzlon Energy, whose shares declined 4% … Read more
Mumbai: The Securities Appellate Tribunal has set aside a Securities and Exchange Board of India’s (Sebi) order barring former NDTV promoters Prannoy Roy and Radhika Roy from the capital markets for a period of two years for alleged insider trading. “The impugned order passed by the WTM dated November 27, 2020, against Prannoy Roy and … Read more
New Delhi, Leading bourses NSE and BSE on Friday said two Adani group stocks — Adani Green Energy and NDTV — will be moved to the first stage of the long-term additional surveillance measures (ASM) framework from Monday. These securities will continue in the framework but will be moved from long-term ASM framework Stage II … Read more
Mumbai: Two of India’s leading indices fell nearly 0.5% on Monday to extend losses for a seventh straight session. The recent selloff mirrors the weak trend in global equities after a series of US economic data – including Friday’s consumer price inflation, which is the Federal Reserve’s most preferred inflation gauge – compounded fears the … Read more
NEW DELHI: After weeks of getting hammered by bears, Adani stocks had their best day in a month on Thursday as investors showed buying interest at lower levels. Out of the 10 Adani stocks, eight were trading in the green zone, with NDTV and Adani Power locked in their 5% upper circuit limits. Adani Group’s … Read more
Mumbai: Adani Group stocks extended their rally to a second day on Wednesday as investors were encouraged by the conglomerate’s move to repay borrowings early and free up share pledges besides giving assurances about cutting debt further. Six of the 10 Adani stocks gained between 5% and 20% on Wednesday, helping the group regain ₹49,000 … Read more
NEW DELHI: Often touted as proxies to India’s growth story, Adani stocks have had a stellar run in 2022, outpacing benchmark Nifty by a wide margin. Five of the 10 Adani group stocks gave multibagger returns to investors, rising up to 200% this year while overall the market capitalisation of all companies together saw an … Read more
Ltd informed the bourses on Tuesday evening that it had been informed by the promoter group entity RRPR Holding Pvt Ltd of Prannoy Roy and Radhika Roy’s resignation as directors. In a regulatory filing on Monday, NDTV said that RRPR had issued 99.5% of its shares to the Adani Group, giving the latter a 29.18% … Read more
Adani Group has already found investors willing to sell 5.3 million shares of the Indian broadcaster — or roughly a third of the entire open offer size — despite the deep discount to the stock’s current level, bolstering the conglomerate’s hostile takeover bid. The category of corporate investors have tendered the most at 3.9 million … Read more
Investors in () have tendered 39.35 lakh shares of the company as of the fourth day of the open offer announced by the Adani Group. The shares submitted so far represent over 23% of the 1.68 crore shares that Adani must offer to buy from public stakeholders of the news broadcaster. The open offer, which … Read more