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Company / The Hindu Businessline

Congress renews JPC demand over Adanis indictment by US court in bribery scandal

INDIA bloc ally Shiv Sena (UBT) says that the revelation from the US court has brought shame to the nation

21 Nov 2024 12:12 pm
Heres a timeline of charges against Adani that began with the Hindenburg allegation of 2023

Hindenburg Research began in January 2023 what would become an avalanche of allegations and intrigue pointed at Gautam Adani-led Adani Group.

21 Nov 2024 11:51 am
Around 2.6 lakh crore of investor wealth wiped out in Adani stocks as Adani, others indicted by US authorities

The US Securities and Exchange Commission charged Gautam Adani and Sagar Adani, executives of Adani Green Energy, and Cyril Cabanes, an executive of Azure Power Global, for conduct arising out of the massive bribery scheme

21 Nov 2024 11:26 am
Here are the US charges against Gautam Adani

Gautam Adani has been charged with involvement in a plan to pay more than $250 million in bribes to government officials in India for solar energy contracts

21 Nov 2024 10:47 am
Adani Group loses $22 billion in market value after US indictments

Gautam Adani's flagship company Adani Enterprises fell 10 per cent

21 Nov 2024 10:31 am
Rapido expands shared mobility services, to launch airport pooling services

Rapido has been doubling down on its 2-wheeler, 3- wheeler and 4-wheeler services, while also creating employment at scale: CEO

21 Nov 2024 10:24 am
Adani Group scraps $600 million bond on US bribery charges

Adani Green Energys dollar notes fell by a record 15 cents, and other bonds from the conglomerate dropped significantly

21 Nov 2024 8:23 am
Adani Green Energy withdraws US dollar bond offering plan

Adani Green Energy was planning to tap the bond markets with the aim of raising around $1.5 billion

21 Nov 2024 8:23 am
Gautam Adani charged in US over alleged $250-million bribery scheme

Prosecutors in Brooklyn, New York, alleged that Adani and other defendants lied about the plan as they sought to raise money from US investors

21 Nov 2024 6:47 am
Parle Agro reports 12% decline in revenue in FY24 on tax policy changes

Parle Agro said the decrease in revenue and profit primarily stemmed from significant tax policy changes

20 Nov 2024 8:49 pm
No free power obligation on pumped storage projects: Centre to States

The development is part of a host of policy measures aimed at promoting growth of the energy storage systems (ESS) sector as India adds to its renewable energy capacity

20 Nov 2024 8:24 pm
Equity investments into real estate to surpass $10 bn in 2024

Over 70 per cent of the investment flows were in land development and in the office sector

20 Nov 2024 7:08 pm
ReNew posts net profit of494 Cr in Q2 FY25

The companys revenue for the second quarter in FY25 rose by more than 4 per cent on an annual basis to around 2,989 crore ($357 million)

20 Nov 2024 6:10 pm
CCI advocates voluntary compliance and culture of fair play across industries

In the 50th volume of its quarterly newsletter Fair Play, Chairperson Ravneet Kaur highlighted CCIs focus on encouraging businesses to integrate competition compliance into their core practices

20 Nov 2024 3:43 pm
C2C Advanced Systems to raise 99 crore via IPO

C2C Advanced Systems IPO opens for anchor investors on Thursday.

20 Nov 2024 3:31 pm
Biesse India aims for 80% localisation of manufacturing within two years

Biesse India operates two manufacturing plants in Nelamangala, Bengaluru, which export 75 per cent of its products manufactured in India

20 Nov 2024 3:22 pm
Sterlite Power completes Goa-Tamnar transmission project

Arun Sharma, CEO, Infrastructure Business, Sterlite Power, said, The project is a crucial step forward in strengthening Goas power infrastructure.

20 Nov 2024 3:06 pm
WhatsApp Case: CCI restores user sovereignty, privacy declared a key parameter of competition

Going beyond the penalty, CCIs detailed judgement is a landmark in regulatory landscape

20 Nov 2024 12:46 pm
Bharti Global acquires BT Group, strengthens India-UK telecom ties

Bharti Enterprises sees this investment as a pivotal step in advancing global telecom collaboration.

20 Nov 2024 11:42 am
Market share of kirana stores gradually transitioningto quick commerce: Datum Report

Kirana stores' market share is projected to drop further to 88.9 per cent by 2028, according to Datum report.

20 Nov 2024 9:39 am
Adani Infra to buy 30.07% stake in Ahmedabad-based PSP Projects for 685 crore

The partnership will aim to propel PSP Projects into becoming one of the leading EPC companies in India, on the back of accelerated growth in Indias infrastructure development

20 Nov 2024 8:48 am
Tata Power, Druk Green to develop 5000 MW clean energy in Bhutan

As a precursor to this collaboration, Tata Power had recently acquired a 40 per cent stake in the 600 MW Khorlochhu Hydroelectric Project where an investment of over 6900 crore will be made to develop the project

19 Nov 2024 7:44 pm
Apna.co records 40,000 healthcare jobs in 3 months

The increase in demand for female healthcare professionals is largely driven by expanded government spending on public healthcare and the development of healthcare services in underserved tier II and -III cities by private entities

19 Nov 2024 7:28 pm
TAFE and AGCO both claim the Madras High Courts status quo order favours them

The ruling extends the status quo initially granted to TAFE in April 2024 and is the latest in a series of judicial orders protecting TAFEs rights to the Massey Ferguson brand, TAFE added

19 Nov 2024 7:23 pm
Received approval to raise $1 billion via ECBs, says Muthoot Finance MD

NBFC does not partner with any fintech for gold loan biz

19 Nov 2024 5:57 pm
PURE EV ties up with Arva Electric for middle east and Africa

PUREEV will supply Arva Electric with an initial batch of 50,000 units of its flagship models - the ecoDryft and eTryst X - over the next couple of years

19 Nov 2024 5:19 pm
Food consultancy Thinking Forks appoints Chithra Nair as COO

Her career spans over 15 years with leading F& B companies in India such as Unilever, ITC Foods, Synthite Industries, and MTR Foods

19 Nov 2024 4:58 pm
Indo National enters the home care segment with mosquito repellent vaporizer

Indias mosquito repellent market is valued at 3700 crore in 2024 and is expected to grow at 6.87 per cent CAGR

19 Nov 2024 4:43 pm
19 Nov 2024 4:29 pm
Rane Group secures 220 crore worth of new orders in Q2

The groups total revenue for Q2 FY25 slightly decreased to 920 crore compared to 930.5 crore in the same period last year

19 Nov 2024 4:19 pm
Boehringer Ingelheim, Red Health ambulance services collaborate on pre-hospital stroke care

The agreement includes implementation of formal stroke protocols for RED.Health ambulances and the utilization of specific stroke scales like FAST (Face, Arm, Speech, Time) during patient transport

19 Nov 2024 4:09 pm
IHCL to double hotels, consolidated revenue by FY30

HCL has surpassed its guidance by achieving a portfolio of 350 hotels, with over 200 hotels in operation and delivered ten consecutive quarters of record financial performance, says Chhatwal

19 Nov 2024 2:45 pm
Baanhem Ventures, makers of Startup Thamizha, raise 3.3 crore funding

Baanhem Ventures is working with TNs nodal entrepreneurship agency StartupTN in conceptualising the TV show StartUp Thamizha, a Shark Tank-like business reality show

19 Nov 2024 2:37 pm
Chennai fintech startup PeLocal raises $2 million seed funding led by Unicorn India Ventures

PeLocal aims to touch 1 crore monthly payment transactions on WhatsApp in the next 12 months

19 Nov 2024 2:23 pm
AMPIN Energy Transition expands partnership with Copenhagen Infrastructure Partners

The new partnership follows the existing partnership that AMPIN and CIP entered in 2021 to enable joint equity investments of initially around $200 million in renewable energy projects in India

19 Nov 2024 1:14 pm
NTPC Green Energy IPO: Reliance Securities recommends subscroption with eye on long term

Price band set at 102-108, issue closes on November 22, 2024

19 Nov 2024 12:33 pm
TCS top recruiter during third cluster of Summer Placements at IIMA

Enterprise Tech consisted of companies like Microsoft, Adobe, Sprinklr, Salesforce and Innovapptive, while Consumer Technology saw participation from firms like Ola

19 Nov 2024 9:58 am
NTPC Green Energy IPO: Ventura Securities says subscribe

Proceeds from the offering, entirely a fresh issue, will be primarily used for debt repayment of NTPC Renewable Energy Ltd and other general corporate purposes

19 Nov 2024 9:30 am
Hilton partners with Olive to launch 150 hotels within 10 years

The companies announced a strategic licensing agreement (SLA) to open 150 hotels across India within the next 10 years

19 Nov 2024 8:35 am
Coal Ministry panel to consider coal linkage for 4,000 MW capacity in Madhya Pradesh

The anticipated date of coal drawl has been indicated as FY29 and FY30 by Madhya Pradesh and the duration of power requirement is for long-term

18 Nov 2024 10:21 pm
Punit Goenka steps down as MD of Zee, to stay on as CEO

Goenka intends to enhance company performance and profitability levels as per the direction of the board/Nomination and Remuneration Committee in its November 15 meeting, said the company

18 Nov 2024 9:46 pm
Indias Octoberbox office collections at 944 crore, led by Tamil cinema

Led by Amaran and Vettaiyan, Tamil cinema was the highest contributor to this months India box office collection

18 Nov 2024 8:50 pm
Torrent group to invest 1.1 lakh crore on energy over next 8 years

Torrent Powers operations span the entire energy supply chain right from thermal generation, power distribution to renewables and storage solutions

18 Nov 2024 7:24 pm
Casagrand treats 1,000 employees to a fully paid week-long trip to Spain

In September Casagrand had filed DRHP for 1,100 crore IPO.

18 Nov 2024 7:01 pm
Byjus Insolvency: BCCI moves NCLT for settlement approval

NCLT will hear the matter on November 19

18 Nov 2024 6:49 pm
Reliance Power & Reliance Infra board reconstituted four new directors

The now-appointed board members of Reliance Power include Ashok Pal, CFO of Reliance Power, Sachin Mohapatra, Whole Time Director and CEO of Sawan Power Ltd and Harmanjit Singh Nagi, President of corporate development at Reliance Power

18 Nov 2024 6:09 pm
Tata Steel to review new material businesses

Tata Steel has set a target to generate 10 per cent of the revenue from new materials by 2025 and enhanced its research and development strength with over 200 researchers besides collaborating with 40 institutes

18 Nov 2024 5:53 pm