India’s largest unlisted heavyweights, led by Reliance Retail and Flipkart, are driving a new ranking of high-potential companies seen as future public market candidates. JM Financial in partnership with Hurun India came up with an Unlisted Gems 2026 list, which features 100 large private companies with annual revenues of at least Rs 1,000 crore, and […]
Adani Enterprises’ rights issue worth Rs 25,000 crore closed on Wednesday to strong demand, ending at a subscription of 108%. The company received equity bids of Rs 14.95 crore against an offer of Rs 13.85 crore, signaling strong interest from both promoters and public shareholders in one of India’s largest rights issues.The public section saw […]
Indian shares expanded their winning series for a third consecutive week, helped by supporting domestic and global signals. After a modest start, Benchmark Indices gradually went higher due to most sessions, although Winbooking parried some of the win on the last day. In the end, both Nifty and Sesex closed almost 1% higher and the […]
The curtains can finally have fallen on one of the most explosive controversies in India. After 32 months of ruthless control that Dalal Street shook and echoed by the power corridors of Delhi, Sebi agreed his final judgment – the Adani Group gave a complete clean chit and closes the door on the harmful accusations […]
File photo: A bird flies along the Vedanta logo installed on the facade of the head office in Mumbai, India 31 January 2018. Reuters/Danish Siddiqui/File photo | Photocredit: Danish siddiqui MijnMogul Anil Agarwal’s Vedanta Ltd looks at full control over Jaiprakash Power Ventures Ltd (JPVL), the profitable power-arm of debt-loaded Jaiprakash Associates Ltd (JAL). The […]
On his first visit to Assam since Gaurav Gogoi took the lead as the president of the state congress, the leader of the opposition Rahul Gandhi Chief Minister Himanta Biswa Sarma of corruption and abuse of power and said that one day “Congress Lions” will send him to prison. The visit occurs on next year’s […]