NEW DELHI: Moody’s Ratings on Thursday announced on Thursday that it will evaluate Adani group‘s governance standards while determining the conglomerate’s ability to raise capital, following the bribery allegations against its chairman Gautam Adani. “The indictment of Adani Group’s chairman and other senior officials on bribery charges is credit negative for the group’s companies,” Moody’s…
भारतीय शेयर मार्केट में आई गिरावट अभी भी बरकरार है. 21 नवंबर को बाजार खुलते ही सेंसेक्स 400 अंको से ज्यादा टूट गया. निफ्टी में भी भारी गिरावट देखने को मिली. लेकिन, सबसे ज्यादा तबाही अडानी समूह के शेयरों में देखने को मिली. अडानी एनर्जी सोल्युशंस (Adani Energy Solutions) और अडानी एंटरप्राइजेज का स्टॉक (Adani…
This marks the second cancellation of an Adani Green bond issuance. Gautam Adani indictment impact: Adani Green Energy Ltd. has called off its $600 million bond offering, which was priced at approximately 7.45-7.5%. This decision follows a U.S. Department of Justice and SEC announcement related to a court order that indicted senior Adani Group executives,…
Adani Group chairman Gautam Adani during an event, in Nagpur. (PTI file photo) US prosecutors have charged billionaire tycoon Gautam Adani with involvement in a plan to pay more than $250 million in bribes to government officials in India for solar energy contracts, a move that stands to further roil his ports-to-power conglomerate. Here are…
The US Securities and Exchange Commission has filed charges against Gautam Adani. Adani stocks today: Share prices of Adani Group companies crashed sharply by up to 20% on Thursday following charges against Gautam Adani and seven others in the United States regarding a multibillion-dollar bribery and fraud scheme. The US authorities revealed on Wednesday that…
Prosecutors in Brooklyn, New York, alleged on Wednesday that Adani and other defendants lied about the plan as they sought to raise money from US investors. US prosecutors charged Gautam Adani with helping drive a $250 million bribery scheme, threatening to throw the Indian tycoon’s conglomerate back into turmoil just as it rebounded from a…
NEW DELHI: NTPC will focus on gigawatt (GW)-scale solar power projects and limit wind and battery storage projects to 10% of its renewable portfolio as the country’s largest coal-fired power producer chases a green dream of adding 60 GW green capacity by 2035.“NTPC is in generation, not distribution business. In large solar projects (usually in…
BENGALURU: Apple maintained double-digit growth in India, mirroring the company’s strong results in other emerging markets like Mexico, Brazil, and the Middle East.Apple India’s revenue rose 36% to Rs 67,122 crore ($8 billion) in FY24 compared to the year-ago period. Its net profit rose 23% to Rs 2,746 crore during the same time, Tofler data…
Rishad Premji’s comments come days after Infosys founder Narayana Murthy reaffirmed his position supporting a 70-hour work-week. Work-life balance has become a frequently discussed subject lately, with Wipro executive chairman Rishad Premji acknowledging its significance as “incredibly important” whilst recognising it as a “controversial subject”. He maintains that corporate hybrid working arrangements benefit employees.Rishad Premji’s…
Kela pass is the country’s highest motorable route linking Leh with Pangong lake. (AI image for representative purpose) Leh to Pangong tunnel! The government is considering various possibilities for building a 7-8 km twin tube tunnel through Kela pass, following a proposal from the UT administration of Ladakh. This tunnel would facilitate easier access for…