Adani-Hinderberg Issue: Explained
Following the publication of a research by the Hindenburg Institute, one of the wealthiest people in India saw a decline in net worth. Shares of...
Tag : Business News Upfront
Free Trade Agreement of India; How can it support economic growth?
A Free Trade Agreement (FTA) is an agreement reached via mutual discussions with the goal of boosting trade between nations or regional blocs. It can...
Adani Group hires Grant Thornton for financial audit amid ‘rumors’
On Thursday, Adani Enterprises Limited denied rumours that, in response to accusations of financial fraud and malpractice made by short-seller Hindenburg Research, the Adani Group...
LIC Chairman to hold meeting with top management of Adani Group
According to LIC Chairman M. R. Kumar, top management of the Adani Group will soon be contacted in order to discuss the crisis of the...
Adani flagship stock rises by 15% post announcement of loan repayment
Following the founders of the company paying off some debt and speculators covering short positions, Adani Enterprises Ltd. soared, driving increases in the group’s stocks....
Paytm Q3 results show rise of revenue by 42%, losses narrow down to ₹3.9 billion
The top digital payment company in India, Paytm, reported a smaller third-quarter loss as a result of increased sales. According to a statement released by...
Gautam Adani loses $34bn in 3 days, moves down to 11th richest man
In the event that shares in his business continue to decline, Gautam Adani may soon lose his position as Asia’s richest person and fall outside...
Gautam Adani says $2.5 billion FPO on track despite bankers seek changes
Gautam Adani and his company informed Reuters on Saturday that a $2.5 billion share sale by India’s Adani Enterprises (ADEL.NS) is still on track and...
Gautam Adani to list five companies over 2026-28
Between 2026 and 2028, Asia’s richest man, Gautam Adani, intends to publicise shares in at least five businesses, enabling the port-to-power conglomerate reduce debt levels...
Reliance Jio reports 28% profit, growth of ₹4,638 crore in third quarter
Reliance Jio, a major player in the telecom industry, reported a 28% increase in net profit for the three months ended in December 2022 compared...