Adani stocks cut weekly losses on relief from SC-probe panel report
Flagship Adani Enterprises Ltd surged 3.5% on the court findings. Other group entities like Adani Transmission Ltd, and Adani Power Ltd. closed higher by about […]
Month: May 2023
RBI to transfer Rs 87,416 crore surplus to govt for FY23
The Reserve Bank of India board has approved a surplus transfer of Rs 87, 416 crore ($10.69 billion) to the government for the fiscal year […]
Value of defence production crosses Rs 1 lakh crore mark in FY 2022-23
For the first time, the value of India’s defence production has crossed Rs one lakh crore mark in the financial year 2022-23, the defence ministry […]
Adani stocks lose $10 billion in value as MSCI exclusion weighs
The Adani Group is facing a tough week as two of its entities have been dropped from the indexes of MSCI and concerns over potential […]
Byju’s Alpha accused of hiding $500 million from lenders
Byju’s Alpha is accused of hiding $500 million from creditors. The dispute is the latest setback for the high-flying startup founded by Byju Raveendran. Byju’s […]
Wall Street rises, adding to a winning week
The S&P 500 gained 0.9%, adding to its rally from the day before as hopes rise further that the US government can avoid a disastrous […]
Google to pay $39.9 million to Washington state over location tracking practices
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Patriarch’s death puts spotlight on $14 billion Hinduja feud
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Tata Elxsi posts Q4 profit surge on strong deal pipeline
Tata Elxsi Ltd, a software and consulting arm of Tata Group, reported a 26% surge in fourth-quarter profit, boosted by healthy deals across key segments. […]
S&P affirms India’s sovereign rating; outlook stable
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