Key indices of the domestic market Sensex lost 120.88 points to 60,542.91 while Nifty declined 52 points to 17,817.65. Gainers on Sensex were Bajaj Finance, Larsen and Toubro, Infosys, TCS and Power Grid while Tata Motors, UltraTech Cement, Bharti Airtel and Maruti were some of the laggards.
The Adani group company on Wednesday announced the financial results for the December-ended quarter and the first three quarters of the current financial year 2022-23
The Adani group company on Wednesday announced the financial results for the December-ended quarter and the first three quarters of the current financial year 2022-23.
While addressing the queries of the media during a press conference after the announcement of the Monetary Policy's outcome, he said RBI has taken a number of steps to strengthen the resilience of Indian banks and it has set guidelines on risk management committees and made it mandatory to a
Congress leader Rahul Gandhi on Tuesday launched a strong attack on the government in the wake of the Hiendenberg-Adani row linking the rise of Adani Group to that of Prime Minister Narendra Modi and alleged that "rules were changed" in some sectors to favour the businessman.
The ongoing Budget session which has been facing repeated adjournments continuously for the last few days over the Adani issue, again witnessed a ruckus on Tuesday but on a different matter as TMC MP Mahua Moitra used an 'unparliamentary language' on the floor of the House.
Congress leader Rahul Gandhi on Tuesday launched a strong attack on the government in the wake of the Hiendenberg-Adani row linking the rise of Adani group to that of Prime Minister Narendra Modi and alleged that "rules were changed" in some sectors to favour the businessman.
The BJP rejected Rahul Gandhi's allegations both inside and outside the House. BJP leader Ravi Shankar Prasad said the allegations against the government were baseless and the whole ecosystem of Congress was based on twin pillars "of deal and commission".
Moody's Investors Service has said banks' exposures to Adani Group are not large enough to affect their credit quality materially but it has cautioned that the exposure may increase in case the conglomerate becomes more reliant on bank loans.
A plea has been moved in the Supreme Court seeking to issue a gag order restraining media from releasing any statement against the listed companies including the Adani group of companies unless pre-verified by the SEBI.
Ahmedabad (Gujarat) [India], February 7 (ANI/BusinessWire India): Ambuja Cements Limited (Ambuja), the building materials arm of Adani Cement and part of the diversified Adani group, today announced the financial results for the quarter ended December 31, 2022. The Company has embarked on a