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Adani Crisis: India’s Banking Sector Resilient & Stable, Assures RBI
New Delhi: With questions being raised on public sector banks’ exposure to the under-pressure Adani Group, Reserve Bank of India (RBI) clarified on Friday that the country’s banking sector…
Adani Crisis: One Instance Doesn’t Indicate Governance Of Indian Markets, Says FM
New Delhi: Union Finance Minister Nirmala Sitharaman on Friday reassured investors that the Adani crisis notwithstanding, India remains a well-regulated financial market and certain…
[Watch] Odisha Gets 19% More Than What It Had Demanded For Rail Sector: Ashwini…
Bhubaneswar: Railway Minister Ashwini Vaishnaw on Friday said that Rs 10,012 crore has been sanctioned for railway infrastructure projects in Odisha. This is the highest-ever allocation for…
[Watch] Gautam Adani Explains Why FPO Was Withdrawn: ‘Owe All My Success To…
Mumbai: The morning after Adani Enterprises dropped a bombshell by withdrawing its fully-subscribed Rs 20,000 crore Follow-on Public Offer (FPO), Gautam Adani explained in detail the logic…
Adani Enterprises Withdraws Fully-Subscribed FPO; Check Chairman’s Statement
Mumbai: In a major announcement, Adani Enterprises said on Wednesday night it’s withdrawing the recently-concluded fully subscribed Rs 20,000 crore Follow-on Public Offer (FPO) in the wake…
Vedanta Aluminium Raises USD 250 Mn In Sustainability Linked Loans; Know Why
Bhubaneswar: Vedanta Aluminium on Tuesday said it has raised USD 250 million through Sustainability Linked Loans (SLL) from reputed international banks, for financing its capex initiatives…
Adani Enterprises FPO Fully Subscribed On Final Day Despite Hindenburg Report
New Delhi: A scathing report by US-based short-seller Hindenburg Research notwithstanding, Adani Enterprises’ follow-on public offer (FPO) worth Rs 20,000 crore was over-subscribed on the…
Adani Group’s Share Sale On Track Despite Adverse Hindenburg Report; Will Banks Play…
Mumbai: A $2.5 billion share sale by Adani Enterprises remains on schedule at the planned issue price despite an adverse report by US-based investment research firm Hindenburg Research…
Bank Unions Defer Next Week’s Proposed Nationwide Strike
New Delhi: Next week’s all-India bank strike is not happening.
The strike, which was called by the United Forum of Bank Unions (UFBU) on January 30 and 31, has been deferred.
All India…
Adani Group Stocks Continue To Crash After Damaging Report By US Research Firm
New Delhi: The net worth of business tycoon Gautam Adani continued to decline.
The downward trend of shares of seven listed Adani Group companies bled on Friday as well, with some hitting…