The Telangana government has sealed MoUs worth over Rs 36,500 crore at the World Economic Forum being held at Davos Corporate biggies such as Adani Group and JSW are among the investors that signed MoUs with the state government in the presence of Chief Minister Revanth Reddy who is currently camping in Davos along with … Read more
Shares in listed Adani Group companies jumped this week after India’s top court dismissed a petition seeking to widen a probe into the Hindenburg allegations, saying that existing investigations by market regulators were sufficient. “The honourable supreme court’s judgement shows that: Truth has prevailed,” Adani said on X, formerly known as Twitter, after the ruling. … Read more
Gautam Adani, the head of Adani Group, recently met with the young chess sensation, Rameshbabu Praggnanandhaa and took the opportunity to applaud his achievements as a symbol of inspiration for the youth in India. He also shared a photo with Praggnanandhaa on X (formerly Twitter), emphasizing how the chess prodigy’s success reflects India’s potential. Adani … Read more
Members of the transport union, protest at Jantar Mantar regarding the new laws related to hit and run, in New Delhi on January 03, 2024. | Photo Credit: Shashi Shekhar Kashyap Transport unions threaten to intensify protests The All India Road Transport Workers’ Federation, a platform of various trade unions of drivers and transport workers, … Read more
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
