Adani stock rout puts spotlight on billions flowing through Mauritius
The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller allegations against billionaire Gautam Adani are once again ...
Adani Power amalgamates six subsidiary companies
NEW DELHI: Adani Power on Tuesday said it has amalgamated its six subsidiaries, including Adani Power (Mundra), with itself.An amalgamation of six wholly-owned subsidiary companies of Adani Power Ltd ...
Daily UPI transactions jump 50% to 36 crore: RBI governor
MUMBAI: Reserve Bank of India governor Shaktikanta Das on Monday said payments through UPI (unified payment interface) have grown exponentially in the past 12 months with daily transactions crossing 3 ...
Why has Sebi not yet got to bottom of Mauritius funds holding and trading Adani stock: Raghuram Rajan
NEW DELHI: Former RBI governor Raghuram Rajan has asked why Sebi has not yet got to the bottom of ownership of the four Mauritius-based funds who are said to have parked 90 per cent of their $6.9 bill ...
Foxconn says no ‘definitive agreements’ for new India investment
TAIPEI: Taiwanese tech giant Foxconn confirmed on Saturday that its chairman had visited India, but denied it had "entered into any binding, definitive agreements" after reports saying it was planning ...
Adani bonds flash warnings even as $153 billion stock rout eases
NEW DELHI: The historic market meltdown of Adani Group has shown signs of abating after the Indian conglomerate went on a tour to restore confidence and won a $1.9 billion investment from a high-profi ...