CLOSING BELL: PSU banks were the worst hit today with the Nifty PSB index down 1.75 per cent
Will also embrace green fuels, industrial energy efficiency
CLOSING BELL: Among sectors, the Nifty PSB index rose 1.56 per cent, while the Nifty Pharma slipped 0.4 per cent
Coverage may improve as more funds start chasing the stock, say market experts
State-owned CIL has cancelled its maiden tender for short-term import of coal in which Adani Enterprises had emerged as the lowest bidder, sources said on Monday. Adani Enterprises, which had quoted around Rs 17,000-plus per tonne for importing 2.416 MT of coal, was earlier selected for the short-term shipment. However, for a medium-term tender for sourcing additional 6 million tonnes (MT) of coal from overseas, PT Bara Daya Energy had qouted Rs 2,000 per tonne less than the rate quoted by the Adani group firm. So, Coal India, in its board meeting held on July 8, decided to cancel the short-term tender of 2.416 million tonnes and PT Bara Daya Energy was asked to supply the indented quantity against the medium-term tender, the sources said. A query sent to Adani Enterprises seeking comment on the move remained unanswered. According to the sources, the letter for award of contract was issued to the lowest bidder of medium term-tenders for east and west coast supply on July ...
In the past six months, it has surged 28 per cent as against 12 per cent decline in the S&P BSE Sensex
The Group said it has participated in the 5G spectrum auction to provide private network solutions along with enhanced cyber security in the airport, ports & logistics and other businesses
The reaction comes even as Adani Group said it does not intend to be in the consumer mobility space
The combined m-cap of the six Adani Group companies is up 39 per cent year-to-date to Rs 13.38 trillion on Thursday
Funds raised for first phase of greenfield plant, firm signs financing documents with SBI-led consortium
The corpus will be administered by the Adani Foundation
Apart from Adani, the other two names disclosed by CIL from its pre-bid meetings were contenders in the NTPC tender as well.
The controversy over the Adani investment in the neighbouring nation stems from domestic power politics in which a bureaucrat has become collateral damage
On the merger and acquisition side, there were 40 transactions in May 2022, aggregating to USD 11.9 billion and more than a fourth of those came from the startup sector
Addressing a press conference at the state assembly, West Bengal Industry Minister Partha Chatterjee said the cabinet gave its go-ahead to the company to set up the facility on 51.75 acres of land
Analysts say AEL meets all requirements to make it to the benchmark index. Inclusion will be a big boost for the stock, resulting in passive inflows of $183 million
Made for an undisclosed amount, the acquisition will help Adani leverage its own military drone as well as AI and ML capabilities for extending work into domestic farm sector
CLOSING BELL: The Nifty IT index plunged 6 per cent on the NSE today after global brokerage JPMorgan downgraded the sector to "underweight".
Stocks to Watch: The US markets suffered the biggest one-day sell-off in almost two years -Investors worry about inflation and its impact on earnings and prospects for monetary policy tightening
Adani Health Ventures would set up, run and administer medical and diagnostic facilities, health aids, health tech-based facilities, research centers and allied activities