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…

BharatPe paid Rs 1.69 crore salary to Ashneer Grover, Rs 2.1 crore to Suhail Sameer in FY22, reveal filings

Ashneer Grover, the founder of BharatPe, received a salary of Rs 1.69 crore in FY22, while Madhuri Jain Grover, his wife and the former head of controls, received Rs 63…

MSCI seeks feedback on Adani Group over Hindenburg Research’s claims

Global index provider MSCI (Morgan Stanley Capital International) on Saturday said it is seeking feedback on Adani Group and associated securities and is aware of a report issued by short-seller…

Hyderabad: Indigenously developed 1 ton/day PCB Recycling facility inaugurated at C-MET

India generates around 3.2 million tons per year of electronic waste, which contains many precious materials like gold, palladium, silver etc. in addition to hazardous materials that can cause irreparable…

SBI, Bank of India say Adani exposure within RBI limits but remain watchful

Some of India’s leading public sector banks said on Friday their exposure to the Adani Group was within the limits prescribed by the central bank, assuaging fears of default risks…