Latest Updates Around The World
Adani Group companies, including Adani Power, Adani Enterprises, Adani Ports and Adani Green Energy, issued a statement through an exchange filing on Saturday in response to recent media reports claiming that the US Securities and Exchange Commission (US SEC) is seeking court approval to serve legal summons on Adani Group Chairman Gautam Adani and his […]
India’s Adani Total Gas on Thursday reported its first quarterly profit increase in five quarters as higher sales of compressed natural gas (CNG) helped offset higher gas purchasing costs.The company, a joint venture of Adani Group and French oil giant TotalEnergies SE, said consolidated net profit rose about 11.4% to 1.59 billion rupees ($17.4 million) […]
The year 2025 turned out to be a mixed year for India’s largest business houses. A look at the top 10 conglomerates shows that groups like Reliance, HDFC, Adani, Bajaj and Aditya Birla ended the year with significant gains, driven by a handful of major stocks that attracted strong investor interest. In contrast, Tata Group […]
Life Insurance Corporation of India (LIC) has invested the maximum amount of Rs 88,404 crore in Tata Group, followed by an infusion of Rs 80,843 crore in HDFC Bank and Rs 60,065.56 crore in Reliance Group, Parliament was informed on Tuesday.Adani Group attracted an investment of Rs 47,633.78 crore while SBI attracted Rs 46,621.76 crore […]
Shares of Adani Green Energy Ltd (AGEL) rose 1.5% to the day’s high of Rs 1,055.50 on Monday, December 15, following the conclusion of insider trading proceedings by the Securities and Exchange Board of India (SEBI) against persons associated with the Adani Group. The case was related to the 2021 acquisition of SoftBank-backed SB Energy.SEBI […]
Adani Group said it reported a strong first half for FY26, driven by record investments, higher operating profits and continued improvement in credit quality across its core infrastructure businesses.The portfolio added Rs 67,870 crore in gross assets during the first six months of the year, taking its total asset base to Rs 6.77 lakh crore. […]
Shares of Jaiprakash Power Ventures (JP Power) rose 11.75% to Rs 22.63 on Thursday, continuing the sharp 15% gain from the previous day as investor sentiment improved following a major breakthrough in Jaypee Group’s insolvency proceedings. Over the last two trading sessions, JP Power shares are up nearly 30%.The rally comes after Gautam Adani-led Adani […]
Amidst a challenging market environment and uneven corporate profits, Parag Thakkar emerged Fort capital highlighted select blue chip companies and FMCG stocks as attractive opportunities for long-term investors, especially those looking for “contra” bets. While discussing Hindustan Unilever (HUL), Thakkar noted the stock’s long-term underperformance but also expressed confidence in the future. “We recently bought […]
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 […]
Fitch Ratings has upgraded its rating outlook on Adani Ports and Special Economic Zone (APSEZ) and Adani Energy Solutions (AESL) from ‘negative’ to ‘stable’ as it believes contagion risks for these Adani group companies have diminished.The rating agency also maintained ‘BBB-‘ rating for the two companies and for Adani Electricity Mumbai (AEML). Fitch said the […]
