Adani in talks to prepay share pledges to boost confidence
NEW DELHI: Embattled billionaire Gautam Adani is in talks with creditors to prepay some loans backed by pledged shares as he seeks to restore confidence in his conglomerate’s financial health, a perso ...
FM Sitharaman applies Amrit-anjan balm to give middle class relief
Finance minister Nirmala Sitharaman on Wednesday said the Union Budget 2023 seeks to make it more attractive for individuals to move to the new tax regime and is aimed at benefiting the middle class.I ...
Big-ticket investors ensure Adani FPO 112% subscribed
NEW DELHI: Mumbai: Support from high networth investors ensured India’s biggest follow-on public offering (FPO), the Rs 20,000-crore Adani Enterprises’ (AEL) issue, achieved full subscription on the l ...
Adani Group loses 29% market value in 3 days as carnage continues
MUMBAI: The massive sell-off in Adani Group stocks continued for the third consecutive session on Monday, wiping out nearly Rs 1.4 lakh crore worth of investors’ wealth. In all, about 29% of the group ...
Go First to get Rs 210 crore under govt’s credit line guarantee scheme: CEO
MUMBAI: Wadia group-owned Go First expects to receive Rs 210 crore under the government's credit line guarantee scheme next month as the budget airline seeks to boost its financial position and expand ...
Adani Group says $2.5 billion share sale on track even as bankers mull changes
MUMBAI: A $2.5 billion share sale by India's Adani Enterprises remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources said bankers were considering changes ...