The growth trajectory of the underlying businesses of Adani Group has not been affected by the Hindenburg Research report that sparked a $48 billion rout in its stocks, Chief Financial…
Category: Companies
ABFRL board inducts Ananya Birla and Aryaman Vikram Birla as directors
The board of Aditya Birla Fashion and Retail, at its meeting on Monday, inducted Ananya Birla and Aryaman Vikram Birla as directors. “Ananya Birla and Aryaman Vikram Birla come with…
Hindenburg Research and its tryst with companies
Till a few days back, hardly anyone in the Indian stock market would have known anything about a firm called Hindenburg Research. But today everyone is aware courtesy the New…
Hindenburg’s allegations vs Adani’s response: Shell companies, money laundering, Vinod Adani’s role
In its report, Hindenburg had made several allegations relating to offshore entities, and had raised several questions for the Adani Group. It has stated that Adani family members allegedly operated…
Tech Mahindra Q3 net profit slides 5% to Rs 1,297 cr on moderation in demand
IT firm Tech Mahindra reported a fall in third-quarter profit on Monday, hurt by a moderation in demand and subdued performance at its communications division. The company’s consolidated net profit fell…
Top executives set to take home 9.1% pay hike in 2023, no impact of layoffs: Aon study
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…
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…