Adani-Hindenburg Row: Adani Ports crosses 300 MMT of cargo handling in 329 days

HIGHLIGHTS Adani Ports & Special Economic Zone said that it surpassed 300 metric million tonnes (MMT) of cargo handling on February 23, 2023, in just 329 days, beating its own…

No ban on onion exports; USD 523 million exported during Apr-Dec 2022, Commerce Ministry clarifies

The commerce ministry has clarified that there is no ban on exports of onions and India has already shipped more than USD 523.8 million onions during April-December 2022, news agency…

Adani-Hindenburg issue: How Gautam Adani is planning to win back investors 

HIGHLIGHTS  The Adani-Hindenburg issue has not only affected the company but it has also led to loss of investors’ confidence in the Adani Group. In order to reassure investors, the…

LIC’s investment in loss, Adani out of top 25 rich list: The impact of Hindenburg report

A month after US short-seller Hindenburg Research came out with its scathing report on Gautam Adani-led conglomerate, the Adani Group has lost more than Rs 12 lakh crore due to…

IOC plans to set up green hydrogen plants at all refineries by 2047; aims to achieve net zero emission

HIGHLIGHTS Indian Oil Corporation (IOC) Chairman Shrikant Madhav Vaidya revealed that the company is planning to set up green hydrogen plants at all its refineries by 2047. This is part…

PM Modi praises digital India, UPI in his 98th ‘Mann Ki Baat’. Top 10 points

Prime Minister Narendra Modi while addressing the 98th episode of ‘Mann Ki Baat’ on Sunday said that many countries are interested in India’s Unified Payments Interface (UPI) and the technology…

Glenmark’s novel onco, immuno drugs may hit market in next 5-7 years

Glenmark Pharmaceuticals’ late clinical trial stage drugs in the oncology and immunology segments may hit the market in the next 5-7 years, Glenn Saldanha, Chairman and Managing Director at Glenmark…

‘Rs 3200 cr loss for LIC so far…’: Mahua Moitra targets Centre again as Adani shares slip

LIC investment in Adani Group: TMC MP Mahua Moitra has once targeted the Centre over state-run insurance giant LIC’s investment in the Hindenburg-hit Adani Group. LIC has, over the years,…

Glenmark’s novel onco, immuno drugs to hit Indian market in next 5-7 years

Glenmark pharmaceuticals’ late clinical trial stage drugs in the oncology and immunology segments may hit the Indian market in the next 5-7 years, Glenn Saldanha, Chairman and Managing Director at…

‘Debt fully secured’: S&P affirms Adani Green’s rating at ‘BB+’

Global rating agency S&P on Friday removed Adani Green Energy Limited from under observation and affirmed its rating on the company at ‘BB+’ – a development that could calm panicked…