The Creditors’ Committee of Jaiprakash Associates Ltd (JAL), a company undergoing corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, has approved the resolution plan submitted by Adani Enterprises Ltd for ₹14,535 crore. JAL is active in a wide range of activities, such as engineering and construction, cement, energy, real estate, fertilizers and […]
Mumbai: GQG Partners has increased its stake in five Adani Group companies – Adani Energy Solutions, Adani Enterprises, Adani Green Energy, Adani Ports and Special Economic Zone, and Adani Power – in recent block deals on Tuesday. The Rajiv Jain-backed fund bought shares worth ₹551 crore in Adani Energy Solutions and acquired 53.94 lakh shares […]
Rajiv Jain-backed GQG Partners on Tuesday increased its stake in five Adani Group companies through multiple block deals. The stocks in which he has added his stake are Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Green Energy, Adani Energy Solutions and Adani Power. The investment firm has spent a total of Rs […]
The Indian market ended higher on Wednesday, with the Sensex and Nifty closing less than 1% below record highs, as investors positioned for an expected rate cut by the US Federal Reserve and optimism over a possible trade truce between the US and China boosted sentiment. The S&P BSE Sensex rose 0.44% to 84,997.13, up […]
Adani Green more than doubled its profit in the second quarter to Rs 583 crore. Operating profit rose 111% from Rs 276 crore in the last quarter. However, total income during the quarter fell 4% year-on-year to Rs 3,249 crore. Revenue from power supply, which contributes significantly to total income, up 20% on an annual […]
More than 300 companies, including heavyweights like Swiggy, Adani Green Energy, ITC and Larsen & Toubro, will announce their financial results this week, giving investors and analysts a comprehensive snapshot of business performance for the July-September quarter of FY26. The flurry of earnings announcements will give markets a clearer picture of how companies navigated a […]
As Indian stocks continue their upward trajectory at the start of the week, attention now turns to the symbolic Muhurat Trading session scheduled for today, which marks the start of Samvat 2082. This annual ritual, deeply rooted in market tradition, offers investors an auspicious period to take new positions for the new Hindu financial year. […]
Gautam Adani radiated lighting after more than two years of regulatory test, on Thursday said Sebi put an end to the procedure against the group was a re -confirmation “of what the conglomerate had maintained from the start – the claims were” unfounded “ Earlier today, the supervisor ended his probe in allegations against the […]
Capital markets Regulator Sebi discovered that accusations against Adani Group could not be established in the Hindenburg case. That is why there is no survival of any liability for the group and there is no fine, the regulator said in an order. The supervisor has also removed the direct procedure against group companies Adani Ports, […]
IHC established in Abu Dhabi on Wednesday has given up an interest of 1.83 percent in Adani Energy Solutions for RS 1,737 Crore through open market transactions. Investment management company IHC through its affiliated and Vestcom Holding RSC LTD has discharged almost 2.2 shares of CRORE shares, which represents an interest of 1.83 percent in […]