Financing arrangements across the embattled Adani Group are exposing a collateral web full of red flags across ESG (environmental, social and governance) markets as investors see a new risk emerging,…
Category: Companies
Sun Pharma acquires minority stakes in two healthcare companies for Rs 180 crore
Sun Pharmaceutical Industries Ltd., one of India’s leading pharmaceutical companies, has announced the acquisition of a 26.09% stake in Agatsa Software Pvt. Ltd. and a 27.39% stake in Remidio Innovative…
Adani-Hindenburg row: George Soros is ‘crazy nut’, says K P Singh of DLF
Amid the raging controversy over a comment by billionaire financier George Soros on the Adani-Hindenburg crisis, Kushal Pal Singh, chairman and CEO of realty developer DLF, described Soros as a…
Uday Kotak predicts central banks to hike rates for longer period
Uday Kotak, Chief Executive Officer of Kotak Mahindra Bank, thinks that interest rates would rise and stay higher for longer as central banks around the world work on future rate…
Air India mega deal with Boeing, Airbus to create 2 lakh jobs in India
The latest mega deal between Tata-owned Air India and aircraft makers Boeing and Airbus will create over 2,00,000 jobs in India, directly and indirectly, according to top aviation sector experts.…
‘Fed Up With Air India’, says PM’s Economic Advisory Council chairman Bibek Debroy
Bibek Debroy, the chairman of the Economic Advisory Council to the Prime Minister (EAC-PM) on Friday took to Twitter in frustration about the services of Tata-owned Air India airlines. According…
India fastest growing market for Netflix globally, says co-CEO Ted Sarandos
Netflix, the world’s only profitable pure-play streaming platform, said lower priced subscriptions have helped reignite its business in India, making it the fastest growing market for the company globally. Speaking…
Hindenburg alleges Gautam Adani’s brother pledged Adani Group promoter stakes for $240-mn loans from Russian bank
US short seller Hindenburg Research fired another salvo at Adani Group and it involves Vinod Adani, the elder brother of Gautam Adani. “Forbes is out with a major article evidencing…
HUL to sell Annapurna and Captain Cook brands for Rs 60 cr
FMCG major Hindustan Unilever Limited (HUL) on Friday announced that it has signed an agreement for the sale of its atta and salt business carried out under the brands ‘Annapurna’…
IDBI Bank, Kotak Mahindra Bank, Patanjali Foods added to FTSE All World index
Home-grown brands IDBI Bank, Kotak Mahindra Bank, Patanjali Foods have been added to the FTSE All World index. As per the semi-annual index review announcement, global index aggregator FTSE Russell…