Arshad Khan
Adani's fortune plummets by USD 10 bn, Group's stocks drop again amid Hindenburg row
With this fresh fall, the wealth gap between Reliance Industries’ Mukesh Ambani and Adani is now around $2-3 billion, the closest in months.
30 Jan 2023
Adani’s response to Hindenburg not lifting sentiments on D-Street, Group stocks fall up to 20% again
Adani Total Gas, Adani Transmission and Adani Green fell 20% each on Monday while Adani Wilmer and Adani Power dipped by 5%.
30 Jan 2023
Investors lose Rs 11 lakh crore as markets fall
The dip was largely due to the slump in Adani group stocks, which fell up to 23% during intraday trading, and its spillover impact on banking stocks that have an exposure to the group.
28 Jan 2023
Adani stocks slump post Hindenburg report
The report said shares of 7 listed Adani firms ‘over valued’, questioned the role of close family members, raised questions about shell firms among other allegations.
28 Jan 2023
Low two-wheeler volume a concern: Uno Minda Chairman
The company is hopeful two-wheeler (2W) sales will pickup as per capita vehicle ownership in India is very low as against developed nations.
27 Jan 2023
Porsche clocks its highest sales in India in 2022, delivers 779 new cars
A good % of Porsche sales last year came from its Sports Utility Vehicle (SUV) line-up. This segment registered a growth of 69% YoY in 2022 with its Cayenne model ending the year with 399 units.
26 Jan 2023
DGCA’s suspension of pilot licence excessive: Air India
Airline says will assist him with appeal against the action; 6 employee unions have sent joint petition to DGCA to withdraw suspension
25 Jan 2023
Asian Paints, HUL stocks under pressure
Share prices of Asian Paints fell nearly 3% on Friday to R 2,785 after witnessing sharp sell-off in the closing hours of Thursday session.
23 Jan 2023
Reliance net profit falls 15 per cent in Q3
Jio posts 28.6% rise in net profit to Rs 4,881 crore; APRU improves QoQ to Rs 178.2 from Rs 177.2
21 Jan 2023
HUL board approves hiking royalty to parent from 2.65 per cent to 3.45 per cent of turnover
The company asserted that the new arrangement will ensure that it "continues to receive the technology, services and IP support from Unilever".
20 Jan 2023
Budget 2024: NAREDCO seeks Rs 25,000 crore realty fund
Allocation of at least Rs 25,000 crore for next fiscal alone shall boost the economy, create more jobs and attract huge investments,” said Rajan Bandelkar, President, NAREDCO.
18 Jan 2023
Hycross, Hyryder may drive Toyota sales in 2023
The Innova Cryta and Fortuner maker had sold 160,357 units last year, marking the company’s highest sales in last 10 years.
14 Jan 2023
Indian banking stocks outshine Asian peers in quarter ending December
China’s Bank of Jinzhou, which came at third spot, was the only other banking stock that gave a return of 100% or more during the mentioned period.
13 Jan 2023
Maruti Suzuki goes big with SUVs, unveils JIMNY, Baleno-based SUV coupe FRONX
According to MSIL, the sporty compact SUV FRONX, which is Maruti Suzuki’s Baleno-based SUV coupe, will introduce a new design trend into the country’s SUV segment.
12 Jan 2023
Auto Expo 2023: Electric vehicles dominate the show
However, its penetration in overall passenger vehicle (PV) sales was miniscule at about 1%. India’s largest carmaker Maruti Suzuki (MSIL) showcased concept electric SUV- eVX- at the Expo.
12 Jan 2023
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