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April 10, 2023 in Indian Business News

L&T Mutual Fund ceases to exist as mutual fund: Sebi

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NEW DELHI: L&T Mutual Fund ceases to exist as a mutual fund, capital markets regulator Sebi said on Monday.This comes after L&T Mutual Fund Trustee Ltd had informed Sebi that it wanted to surr ...

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April 9, 2023 in Indian Business News

Adani Power starts supply to Bangladesh from Jharkhand plant

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NEW DELHI: Adani Power has switched on electricity supply to Bangladesh from its imported coal-fired power plant built at Godda in Jharkhand, setting in operation the first private energy deal between ...

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April 8, 2023 in Indian Business News

Rs 6 price cut makes Delhi CNG, PNG prices lowest in country

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NEW DELHI: Indraprastha gas Ltd (IGL) on Saturday slashed prices of natural gas supplied to automobiles by about Rs 6 per kg and piped to households as kitchen fuel by Rs 5 per unit, marking the first ...

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April 7, 2023 in Indian Business News

Gas price for April at $7.92 but price for consumers capped at $6.5: Govt order

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NEW DELHI: The government on Friday announced a natural gas price of USD 7.92 per unit for the remainder of April according to the just approved new pricing formula, but rates for consumers have been ...

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April 6, 2023 in Indian Business News

Sensex, Nifty rise for second week after RBI’s surprise rate hike pause

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MUMBAI: Indian shares logged gains for a second consecutive week on Thursday, aided by real estate and financials stocks, after the Reserve Bank of India, in a surprising decision, kept its key policy ...

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April 5, 2023 in Indian Business News

GQG sees $2 billion Adani bet delivering returns over 100%

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Rajiv Jain, one of the biggest names in emerging-market investing, cut across the grain last month when he bought almost $2 billion worth of Adani Group stock.Now, the chief investment officer of GQG ...

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