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India’s Q2 GDP slows to 5.4%, hits 18-month low on weak consumption
India’s GDP growth for the July-September quarter fell sharply to 5.4%, marking an 18-month low, as per data released by the National Statistics Office (NSO) on Friday.
The figure was significantly below the Reuters poll estimate of 6.5%…
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Adani Green, Adani Energy Solutions: Why these Adani Group stocks are surging today
Adani Group stocks rallied sharply on Friday, climbing up to 15% as investors responded positively to clarifications on the US bribery case and assurances of financial stability.
Adani Green Energy led the surge, rising 14.64% to hit Rs…
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Canada sues google alleging anticompetitive practices in online ads
Canada's antitrust watchdog said Thursday it is suing Google over alleged anticompetitive conduct.
In the tech giant’s online advertising business and wants the company to sell off two of its ad tech services and pay a penalty. The…
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Adani allegations shine spotlight on India’s clean energy conundrum
Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India’s renewable energy developers face in finding buyers for the power they generate.
While India’s central government wants to shift away…
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Sensex, Nifty open flat; Adani group shares gain up to 10% in early trade
Benchmark stock market indices opened flat on Thursday after the markets witnessed a brief rally in the previous trading session.
The S&P BSE Sensex lost 17.08 points to 80,217.00, while the NSE Nifty50 gained 8.05 points to 24,282.95…
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Gautam Adani Not Charged with FCPA, Only Securities Violations Involving Penalties: Adani Green
Billionaire Gautam Adani, and his nephew Sagar have not been charged with any violation of the US Foreign Corrupt Practices Act (FCPA) in the indictment.
That authorities filed in the New York court in the alleged bribery case, the Adani…
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Sensex Trades Flat, Nifty Below 24,200; Banking, Auto Stocks Rise
The BSE Sensex and the NSE Nifty were largely flat, with the Sensex hovering around the 80,000 mark and the Nifty50 index near 24,200 levels.
In broader market activity, both the Nifty Midcap 100 and Smallcap 100 indices were showing…
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Essar Group co-founder Shashikant Ruia passes away
Shashikant Ruia, the co-founder of Essar Group, has passed away at the age of 80, the conglomerate announced on Tuesday.
Ruia had been suffering from a “prolonged illness” and died in Mumbai at around 23.55 pm on Monday, after having…
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Sensex, Nifty extend gains but earnings concerns loom; Infosys gains 2%
Benchmark stock market indices opened higher on Tuesday, continuing its positive momentum built over the past few trading sessions, further helped by gains in IT sector stocks.
The S&P BSE Sensex was up 238.80 points to 80,348.65,…
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Adani’s Sri Lanka port project under US scrutiny amid bribery allegations
A US agency said on Sunday that it is reviewing the impact of Department of Justice bribery allegations against.
The founder of India's Adani Group on the agency's prior agreement to lend more than USD 550 million to a Sri Lankan port…
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