Adani Ports will prepay a short-term debt due next month amounting to Rs 1,000 crore to win back investor confidence after a short seller’s scathing report in January. Adani Ports…
Author: Admin
Good news for Adani shareholders! Adani Cement’s ACC and Ambuja to resume Himachal operations
Adani Cement, part of the embattled Adani Group, on Monday said its ACC and Ambuja Cements businesses will resume operations at two plants in Himachal Pradesh after resolving issues over…
After DB Power, Adani decides to not bid for stake in state-owned PTC: Report
Adani Group chairman Gautam Adani has decided against bidding for a stake in state-backed energy trading firm Power Trading Corporation, said a report on Monday. Amid the massive fallout from…
Huge blow for Ola, Uber, Rapido! Delhi govt halts bike taxis, says report
In a fresh blow for Ola, Uber, Rapido, Delhi government’s transport department has asked the ride sharing platforms to halt their bike taxis effective immediately. “It has been brought to…
Govt appoints ex-Commerce Secretary BVR Subrahmanyam as CEO of NITI Aayog
Former Commerce Secretary BVR Subrahmanyam has been appointed as NITI Aayog CEO for two years, announced government on Monday. The Appointments Committee of Cabinet has approved the appointment. Subrahmanyam replaces…
Govt aims to vote out Vedanta’s Hindustan Zinc deal at EGM: Report
Government aims to vote out Anil Agarwal-promoted Vedanta’s plan to sell its global zinc assets to Hindustan Zinc Ltd (HZL) for cash consideration of $2.98 billion, said a report on…
Tony Jesudasan, key lieutenant at Anil Ambani’s Reliance, passes away at 71
Tony Jesudasan, Anil Ambani’s key lieutenant at Reliance Anil Dhirubhai Ambani Group (R-ADAG), passed away early Monday morning at the age of 71. Jesudasan was suffering from heart ailments, and…
Walmart-owned Flipkart to acquire a stake in online pharmacy start-up Pharmallana
Walmart-owned Flipkart is reportedly in talks to acquire a stake in Bengaluru-based healthtech start-up Pharmallama, according to a report by Livemint. People familiar with the matter told Mint that Flipkart…
‘Karnataka lost big investment’: Mohandas Pai on Ola setting up EV hub in TN
As electric vehicle maker Ola Electric gears up to establish an EV hub in Tamil Nadu, former Infosys director and chairman of Aarin Capital Mohandas Pai expressed his disappointment on…
Adani row: Bank of Baroda says it will continue lending to the conglomerate; here’s why
Bank of Baroda will continue to lend money to the Adani Group, said the lender’s chief executive officer and managing director Sanjiv Chadha. He said that, however, the conglomerate has…