While the news of billionaire chair of conglomerate Adani Group, Gautam Adani’s indictment by the US prosecutors is doing the rounds since the early hours of Thursday, India time, what really happened and what were the series of events that unfold? On Thursday, the US Attorney’s office in New York released a press release stating
Crude oil prices are on upward trajectory on November 21 supported by the geopolitical concerns related to the Russian and Ukraine war. The concerns regarding the escalation of tension between both the nations outweigh the assurance from increase in the stockpiles of US crude inventories in recent days. Brent crude futures increased 16 cents, or
Go to Live UpdatesAdani Power Share Price Today Live Updates, 21 Nov, 2024: Adani Power shares are in the news and the counter closed trade on 19 Nov, 2024 at Rs 524.1. The shares touched intraday high of Rs 537.5 in the last trading session while the intraday low was at Rs 521.5. The company’s
Go to Live UpdatesAdani Enterprises Share Price Today Live Updates, 21 Nov, 2024: Adani Enterprises shares are in the news and the counter closed trade on 19 Nov, 2024 at Rs 2820.2. The shares touched intraday high of Rs 2894.0 in the last trading session while the intraday low was at Rs 2811.0. The company’s
The Triumph Street Triple has always been the go-to motorcycle for those wanting a street naked with all the bells and whistles while offering the best performance. In the international markets, the KTM 890 Duke R has always been a thorn for Triumph, and that has now made its way to India to disturb the
Shares of Australia-listed fund manager GQG Partners nosedived 20% on Thursday, November 21, after media reports indicated the firm was reviewing its investments in India’s Adani Group. This comes in the wake of US prosecutors charging Adani Group’s chairman Gautam Adani and 7 others in connection with an alleged $250 million bribery and fraud scheme.
India’s Adani Green Energy has scrapped its intention to raise capital through U.S. dollar-denominated bonds following the indictment of the Adani Group’s chairman in the U.S. for an alleged multibillion-dollar bribery and fraud scheme. Adani Group scrapped a $600 million dollar bond on Thursday after US prosecutors charged Gautam Adani for participating in an alleged
Go to Live UpdatesAdani Total Gas Share Price Today Live Updates, 21 Nov, 2024: Adani Total Gas shares are in the news and the counter closed trade on 19 Nov, 2024 at Rs 672.3. The shares touched an intraday high of Rs 683.0 in the last trading session while the intraday low was at Rs
The Central Pension Accounting Office (CPAO) has issued new guidelines to ensure timely pension to retired employees of the National Pension System (NPS). In an Office Memorandum (OM) issued on March 12, 2025, the CPAO has reminded the concerned officials that NPS pension cases should be processed in the same manner as the Old Pension
Securing your children’s financial future is one of the most important responsibilities of a parent. From education and marriage to other key life expenses, your growing children will need financial support at different stages. To ensure they have the necessary funds when required, it’s essential to diversify your investments across different schemes. In India, several
India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling USD 7.2 billion — the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. “This represents a 67 per cent increase in volumes and a 5.4-fold increase in
Amid concerns over potential export disruptions due to US reciprocal tariffs set to take effect on April 2, the Ministry of Commerce and Industry has urged Indian industry players to explore areas where imports from China and other countries could be substituted with goods sourced from the United States, according to executives familiar with the
Fund managers in China may see a major blow to their salaries. If they do not meet the set performance standards, their salaries can be cut by up to 50%. This decision is part of a comprehensive reform in the country’s 33 trillion yuan ($4.6 trillion) mutual fund industry. According to a Bloomberg report, the
