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Page 544 - Company News

Here's what's next for Gautam Adani after US bribery and fraud charges

Adani is charged with foreign bribery, securities fraud, securities fraud conspiracy and wire fraud conspiracy

Here's what's next for Gautam Adani after US bribery and fraud charges
Updated On : 22 Nov 2024 | 7:12 AM IST

India-US ties strong: WH confident of navigating crisis over Adani charges

Adani has been charged by US prosecutors for allegedly being part of a scheme to pay over $250 million (about Rs 2,100 crore) bribe to Indian officials in exchange for favourable terms

India-US ties strong: WH confident of navigating crisis over Adani charges
Updated On : 22 Nov 2024 | 7:10 AM IST

Proxy advisory firms raise alarm on charges against Adani executives

'Allegations can have long-term impact on cost of borrowing'

Proxy advisory firms raise alarm on charges against Adani executives
Updated On : 22 Nov 2024 | 12:10 AM IST

Gautam Adani family net worth falls 20% to around Rs 7.8 trillion

At its peak, it was worth $136.3 bn at the end of July this year

Gautam Adani family net worth falls 20% to around Rs 7.8 trillion
Updated On : 21 Nov 2024 | 11:48 PM IST

Byju's founder 'tried to regain firm' with cash hidden from US lenders

Raveendran allegedly recruited Hailer, who is a former political consultant, to try to buy out US creditors owed more than $1.2 billion under a loan

Byju's founder 'tried to regain firm' with cash hidden from US lenders
Updated On : 21 Nov 2024 | 11:47 PM IST

DPIIT gives nod to Hinduja Group firm IIHL for acquisition of RCAP

DPIIT approval was part of the resolution plan which was put to vote and approved by 99.96 per cent of the Committee of Creditors (CoC)

DPIIT gives nod to Hinduja Group firm IIHL for acquisition of RCAP
Updated On : 21 Nov 2024 | 11:46 PM IST

Experts warn of severe legal fallout for Adani group and associates

Experts say that under the provisions of US law, particularly the FCPA, an indictment of this nature is a serious offence

Experts warn of severe legal fallout for Adani group and associates
Updated On : 21 Nov 2024 | 11:34 PM IST

Premium valuations likely to cap upsides for Indian Hotels' stock

The company expects revenue per available room (RevPAR) growth to remain strong, with like-for-like RevPAR to grow in high single digits

Premium valuations likely to cap upsides for Indian Hotels' stock
Updated On : 21 Nov 2024 | 11:16 PM IST

JSW MG surges in sales: Is this the disruption electric car market needs?

JSW MG was the second largest electric car company in India in October, with its three models selling 4,878 units. Tata Motors was just a shade ahead with 5,067 units sold of its six models

JSW MG surges in sales: Is this the disruption electric car market needs?
Updated On : 21 Nov 2024 | 10:55 PM IST

Adani Group's US exposure spans solar, wind, and Google India operations

AEL says Adani Solar secured its largest single-yr order from a key American utility firm

Adani Group's US exposure spans solar, wind, and Google India operations
Updated On : 21 Nov 2024 | 10:49 PM IST

Ola Electric may lay off 500 employees as part of restructuring exercise

The aim is to remove redundant roles, improve efficiency, increase margin and attain profitability, according to the sources

Ola Electric may lay off 500 employees as part of restructuring exercise
Updated On : 21 Nov 2024 | 10:03 PM IST

Hindenburg to Carmichael mine: Many disputes of billionaire Gautam Adani

The regulator said investigations into the allegations against Adani Group were completed in almost all matters, and that the chief had made relevant disclosures

Hindenburg to Carmichael mine: Many disputes of billionaire Gautam Adani
Updated On : 21 Nov 2024 | 9:34 PM IST

Kenya cancels airport, energy deals with Adani group after US indictments

The Adani group had also been awarded a deal to construct power transmission lines in Kenya, East Africa's business hub

Kenya cancels airport, energy deals with Adani group after US indictments
Updated On : 21 Nov 2024 | 8:37 PM IST

Honda Motors recalls CRF1100 Africa Twin units to fix throttle operation

The voluntary recall is aligned with the global market action, the two-wheeler maker said in a statement.

Honda Motors recalls CRF1100 Africa Twin units to fix throttle operation
Updated On : 21 Nov 2024 | 8:33 PM IST

No mention of wrongdoing by SECI in Adani bribery case: CMD R P Gupta

The indictment also names New Delhi-based Azure Power, which had won a similar tender for supply of 4 GW

No mention of wrongdoing by SECI in Adani bribery case: CMD R P Gupta
Updated On : 21 Nov 2024 | 8:27 PM IST

Adani bribery charge impact: Vedanta Resources defers dollar bond issue

India Inc. will likely continue to tap the dollar bond market in the long run, given the strong demand for high-yield papers

Adani bribery charge impact: Vedanta Resources defers dollar bond issue
Updated On : 21 Nov 2024 | 8:22 PM IST
Zomato's Deepinder Goyal receives 10K applications for chief of staff role
Updated On : 21 Nov 2024 | 8:12 PM IST

Gautam Adani's US indictment rattles stocks, Kenya cancels airport deal

News of the charges wiped billions of dollars on Thursday from the market value of companies within Adani Group

Gautam Adani's US indictment rattles stocks, Kenya cancels airport deal
Updated On : 21 Nov 2024 | 8:03 PM IST

Ahead of IPO, Enviro Infra Engineers bags Rs 195 cr from anchor investors

As per the circular, Enviro Infra Engineers has allotted over 1.31 crore equity shares to 22 funds at Rs 148 apiece, which is also the upper end of the price band

Ahead of IPO, Enviro Infra Engineers bags Rs 195 cr from anchor investors
Updated On : 21 Nov 2024 | 7:55 PM IST

Synergy Marine Group growing vegetables on its vessels using AI tech

These units, which are about the same size as standard refrigerators or wine coolers, allow the crew to enjoy freshly picked vegetables in the middle of the ocean, it added

Synergy Marine Group growing vegetables on its vessels using AI tech
Updated On : 21 Nov 2024 | 7:36 PM IST