Clipped from: https://indianexpress.com/article/explained/explained-economics/experts-say-may-not-affect-market-but-deepens-anxiety-on-corporate-governance-8408635/ While many feel the situation will “stabilise” in the coming days, there is an apprehension that this may reinforce distrust around corporate governance
Category: Company Specific News
👍L&T profit jumps 24% in Q3 at ₹2,552 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/lt-profit-jumps-24-in-q3-at-2552-crore/article66450731.ece Order book at ₹3.86-lakh crore is at an all-time high and provides multi-year revenue visibility, says MD & CEO SN Subrahmanyan, MD &
👍LIC sitting on investment gains in Adani Group cos stocks – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/lic-says-sitting-on-investment-gains-in-adani-group-co-stocks/article66450212.ece LIC’s statement comes amid Adani Group’s stocks getting battered after Hindenburg Research released report alleging lapses in corporate governance and financial management Life
👍LIC reviews Adani response to short seller’s allegation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/lic-reviews-adani-response-to-short-sellers-allegation/article66450183.ece Having invested over $4 billion in the Adani Group, LIC has the right to ask relevant questions and engage with them, says LIC’s
👍👍CEO Sashidhar Jagdishan has a golden opportunity to seize market share; Can he do it? – BusinessToday – Issue Date: Feb 05, 2023
lipped from: https://www.businesstoday.in/magazine/banking/story/hdfc-bank-ceo-sashidhar-jagdishan-has-a-golden-opportunity-to-seize-market-share-can-he-do-it-367761-2023-01-27 HDFC Bank, which has emerged as the Best Large Indian Bank, has a huge opportunity to grab more market share after the merger
👍Hindenburg’s hydrogen connection | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/hindenburg-s-hydrogen-connection-123012701286_1.html It is ironic that a research outfit that has accused the Adani group of financial manipulation is named after a disaster that continues
👍Reliance Industries hits 10-month low, stock slips 15% since December | Business Standard News
lipped from: https://www.business-standard.com/article/markets/reliance-industries-hits-10-month-low-stock-slips-15-since-december-123012700660_1.html The stock dipped 3% to Rs 2,312 per share and traded trading at its lowest level since March 2022. Shares of Reliance Industries (RIL) fell
Adani stock rout roils markets; Sensex falls 874 pts, Nifty ends at 17,600 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/over-50-billion-shaved-off-adani-group-stocks-sensex-falls-874-points-123012701111_1.html Group loses $50 bn in m-cap in two sessions; Contagion fear drags market, banking stocks The rout in Adani group stocks, triggered by a scathing
👍👍Hindenburg flames again: Can Adani repeat what Dhirubhai did in the 80s? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/hindenburg-flames-again-can-adani-repeat-what-dhirubhai-did-in-the-80s-123012701013_1.html The last time a bear attack was launched on a businessman gaining prominence rapidly was in the early 1980s when a cabal of
Cloud over Adani Enterprises FPO as stock dips 11-15% below offer | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/cloud-over-adani-enterprises-fpo-stock-available-at-11-15-discount-123012701017_1.html Offer garners just 1% subscription on opening day, with bids worth just Rs 150 cr vs Rs 14,908 cr on offer The battering
Adani counters Hindenburg charges, says top firms are auditing 8 group cos | Business Standard News
lipped from: https://www.business-standard.com/article/companies/adani-counters-hindenburg-charges-says-top-firms-are-auditing-8-group-cos-123012701179_1.html Group says it is evaluating Big-6 firm to audit Adani Total Gas; Hindenburg, by its own admission, is stands to gain from a
Carnage in Adani group stocks shaves off Rs 24,000 cr from LIC, MF wealth | Business Standard News
lipped from: https://www.business-standard.com/article/markets/adani-rout-shaves-off-nearly-rs-24-000-crore-lic-mutual-fund-wealth-123012701056_1.html Adani group stocks have seen an overall erosion of Rs 4.18 trillion ($50 billion) of market value The mayhem in Adani Groups’ shares
👍👍What really worries Indians about Adani’s empire – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/view-what-really-worries-indians-about-adanis-empire/articleshow/97361769.cms?from=mdr Synopsis Adani’s companies have not just been entrusted with a wide swathe of India’s infrastructure. They have become the government’s first choice as
👍👍What really worries Indians about Gautam Adani and his companies | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/what-really-worries-indians-about-gautam-adani-and-his-companies-123012700116_1.html If Adani’s companies can deliver a fraction of what he has pledged, then perhaps, in time, they might even grow into the valuations
Axis Bank in talks to issue 10-year infra bonds, taps insurance firms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/axis-bank-in-talks-to-issue-10-year-infra-bonds-taps-insurance-firms-123012600410_1.html Lender in talks with end-investors to issue infra bonds at a rate of around 7.85% Private sector lender Axis Bank is considering issuing 10-year infrastructure bonds at
👍👍PSBs have 30% exposure to Adani Group debt: CLSA | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/psbs-have-30-exposure-to-adani-group-debt-clsa/2961254/ The brokerage pegged the group’s consolidated debt at Rs 2.1 trillion, aggregating the consolidated debt of the top five companies and allowing for
👍👍What the Yes Bank AT1 bonds fiasco is all about – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/what-is-the-yes-bank-at1-bonds-fiasco-all-about/article66430965.ece Last week, the Bombay High Court passed an order staying the write-off of Yes Bank’s AT1 bonds on technical grounds What are AT1
👍👍What the Yes Bank AT1 bonds fiasco is all about – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/what-is-the-yes-bank-at1-bonds-fiasco-all-about/article66430965.ece Last week, the Bombay High Court passed an order staying the write-off of Yes Bank’s AT1 bonds on technical grounds What are AT1
👍👍RIL’s 2023 to be fuelled by energy business; consumer ops consolidating – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/rils-2023-to-be-fuelled-by-energy-business-consumer-ops-consolidating/article66423575.ece Consumer business and Reliance Jio have showed slowing growth in Q3 Reliance Industries Ltd Chairman Mukesh Ambani | Photo Credit: ATUL YADAV Reliance
👍👍Reliance shares rise after in-line Q3 earnings? Should you buy, hold or sell RIL stock? | The Financial Express
Clipped from: https://www.financialexpress.com/market/reliance-ril-shares-rise-after-in-line-q3-earnings-should-you-buy-hold-or-sell/2956931/ RIL share price rose marginally on Monday as investors reacted positively to Q3 results. In January so far, Reliance shares have plunged more