Day: February 3, 2023

The ministry of corporate affairs has started a preliminary review of Adani Group’s financial statements and other regulatory submissions made over the years, two senior […]

The Reserve Bank of India (RBI) on Friday said that the Indian banking sector remains resilient and stable. The central bank’s official statement comes amid […]

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Country’s largest lender State Bank of India on Friday reported a 62 per cent growth in its net profit at Rs 15,477 crore during the […]

Credit ratings agency Moody’s warned on Friday that the recent sell-off in Adani group’s shares after a short-seller’s report could reduce the Indian conglomerate’s ability […]

Shares of Adani’s listed firms have plunged since last week, and their market value has now more than halved to less than $100 billion. Business […]

The Indian services sector growth rate moderated in January as output and sales rose at softer rates, while subdued level of confidence among service providers […]

Gautam Adani’s businesses are in a tailspin after allegations of fraud by a short-seller erased half of the group’s market value. The continued slump reflects […]

Adani Group chairman Gautam Adani has termed as “baseless” claims that his rise was due to Prime Minister Narendra Modi. In an interview to a […]

Gautam Adani is in talks with creditors to prepay some loans backed by pledged shares. This would see lenders release some of the stock in […]