India Inc.’s CEOs, CXOs and senior executives are expected to take home an average increment of 9.1 per cent in 2023, down from the 9.7 per cent given out in…
Author: Admin
Adani vs Hindenburg: Group CFO defends auditor Shah Dhandharia, says they support small firms
Adani Group, in response to Hindenburg Research’s accusation that they enlisted Shah Dhandharia, a small accounting firm to audit the conglomerate, said that it is their responsibility to ensure that…
Gautam Adani is to infra what Steve Jobs was to smartphones: CFO Jugeshinder Singh
Adani Group CFO Jugeshinder Singh, also known as Robbie in corporate circles, said that Gautam Adani’s contributions in the field of infrastructure are at par with that of Steve Jobs…
‘Adani Group draped itself in Indian flag while systematically looting nation,’ says Hindenburg
Activist short seller firm Hindenburg Research has said that the ports-to-power conglomerate is holding India’s future back. The firm further claimed that Adani Group has draped itself in the Indian…
BT EXCLUSIVE: MSCI hasn’t formally reached out to us, says Adani group CFO Jugeshinder Singh
Adani Group CFO Jugeshinder Singh said that the global index provider Morgan Stanley Capital International (MSCI) was yet to reach out to them to seek their response over the Hindenburg…
‘Hindenburg copy-pasted our disclosures, did no research,’ says Adani Group CFO Jugeshinder Singh
The Adani Group has accused Hindenburg Research of not doing proper research, and “copy-pasting” from the company disclosures. It also said that they either did not do proper research or…
Google CEO Sundar Pichai likely to take huge pay cut after sacking 12,000 employees
After firing 12,000 employees, Google CEO Sundar Pichai is likely to announce a significant pay cut for senior executives. In a town hall meeting with employees, Pichai recently said that…
Adani says $2.5 billion share sale on track even as bankers mull changes
A $2.5 billion share sale by India’s Adani Enterprises ADEL.NS remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources said bankers were considering…
NTPC Q3 results: Net profit up 5% at Rs 4,854 crore, company announces interim dividend of Rs 4.25 per share
State-owned National Thermal Power Corporation (NTPC) on January 28 reported a net profit of Rs 4,854.36 crore for the October-December quarter of FY23 on Saturday, which was nearly 5 per…
Bankers on Adani $2.5 billion share sale consider delay, price cut after rout
Bankers on the $2.5 billion share sale of India’s Adani Enterprises ADEL.NS are considering extending the sale or cutting the issue price after shares plunged on a U.S. short seller’s…