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…
Category: Companies
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…
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…
Elon Musk doesn’t seem like the right person to own Twitter, says co-founder Biz Stone
According to Twitter’s co-founder Biz Stone, Elon Musk does not seem to be the right person to own Twitter. In an exclusive interaction with the British daily newspaper The Guardian,…
MeitY’s R&D Institute SAMEER signs MoU with Siemens Healthineers for low-cost MRI technology
To create a deeptech health care R&D and supply chain ecosystem in the country, SAMEER, India’s premier R&D Institute of Ministry of Electronics and IT (MeitY) has signed an MoU…