Congress MP Manish Tewari criticised the Securities and Exchange Board of India (SEBI) on Wednesday for its sluggish approach in investigating the allegations made in the Hindenburg report against AdGroup. Raising concerns on the delay, Tewari pointed out that the Hindenburg report came out a year ago and alleged that SEBI has been delaying it … Read more
Image for representation purpose only. | Photo Credit: AP Construction materials maker Ambuja Cements will invest ₹60 billion (nearly $723 million) in renewable power projects, the company said on Dec. 18. The investment will be funded internally and is expected to target a capacity of 1,000 megawatts (MW) through solar and wind power projects in … Read more
Mumbai: The Dharavi project was awarded to the Adani Group through a fair, open and internationally competitive bidding process, the spokesperson of Dharavi Redevelopment Project Pvt Ltd (DRPPL) said in a statement. “It is important to note that the tender conditions were finalised during the tenure of the Maha Vikas Aghadi (MVA) government, which demitted … Read more
New Delhi: Even though the undertone is bullish, the market is likely to consolidate in the near-term since up moves will be countered with profit booking by DIIs and individual investors who are sitting on big profits, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Dips will be bought by FIIs who have … Read more
