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 : Latest Business Updates
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 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...
Elon Musk lost $182 billion since 2021, worst loss till now
Elon Musk, the CEO of Tesla and SpaceX and the second-richest person in the world, is now officially the owner of the record for the...
Goldman Sachs likely to lay 3,200 employees post cost review
According to two people familiar with the decision, Goldman Sachs Group will begin laying off thousands of employees starting on Wednesday as it braces for...
Jack Ma likely to quit China’s Ant Group
The Chinese fintech behemoth Ant Group announced on Saturday that its founder Jack Ma will no longer be in charge of the company as it...