Amid the raging controversy over a damaging report by Hindenburg Research on the Adani Group, industrialist and banker Uday Kotak on Sunday said that he does not see systemic risk…
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D’Mart’s Damani reportedly buys 28 luxury apartments for over Rs 1,200 crore; India’s largest real estate deal?
Billionaire Radhakishan Damani is reportedly spending some serious cash on accumulating as many as 28 luxury apartments for around Rs 1,238 crore purported as one of India’s largest real estate…
Good news for central govt employees! Dearness allowance likely to be hiked by 4%
The central government is likely to raise dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38…
London’s Science Museum to continue its association with Adani Group
After days of negative sentiments and a massive crash in its stocks, the embattled Adani Group has received some positive news in the last two days. Earlier on Friday, international…
Infosys allegedly fires 600 employees after they fail internal test
Indian IT giant Infosys has sacked hundreds of fresher employees after they failed to clear the internal fresher assessment (FA) test, Business Today has learnt. A fresher who was onboarded…
Adani Group to hire ‘big four’ firms to carry out a general audit, says TotalEnergies
Adani Group will hire one of the ‘big four’ (Deloitte, EY, KPMG, and PwC) accounting firms to carry out a general audit, its partner TotalEnergies said in a statement on…
Gautam Adani’s Year-to-Date losses outweigh those of Ambani and Damani; see comparison
Gautam Adani, industrialist and the chairman of the Adani Group has been in a world of pain ever since a report by Hindenburg Research dropped on January 24. While the…
Adani-Hindenburg row: Comfortable with our exposure to Adani Group, says Axis Bank
Private sector lender Axis Bank has reported its exposure to Adani group firms amid the continuing uproar over the Hindenburg report on magnate Gautam Adani and his behemoth Adani Group,…
Adani row: Indian regulators can handle the situation, says Piyush Goyal; Bihar CM demands investigation
Union Commerce and Industry Minister Piyush Goyal said on Saturday that regulators are well-equipped to handle the crisis and will take appropriate measures in response to claims of fraud against…
Government increases windfall gains tax on crude, diesel and ATF
The government changed the windfall profits tax on Saturday, increasing the Special Additional Excise Duty (SAED) on crude oil by Rs. 3,150 per tonne and the SAED on diesel and…