In a stock exchange filing on Sunday, 360 One Wam Limited, formerly known as IIFL Wealth Management Limited, said its IPE-Plus Fund 1 had made zero investments in any shares of the Adani Group -- either directly or indirectly.
The Prime Minister conducted aerial as well as on-the-ground surveys taking stock of the situation while the rescue operations were still underway. He said that the central government is standing alongside the state government for all assistance and relief work.
The stock market in the upcoming week will be looking at global happenings such as international market performance, anticipations of recession in the US, and domestic macroeconomic indicators such as IIP, CPI, and WPI inflation data, said market analysts.
Amara Raja has signed a Memorandum of Understanding (MoU) with Italian motor vehicle manufacturer Piaggio India to develop and supply LFP (Lithium Iron Phosphate) Lithium-Ion (Li-ion) cells and chargers for its electric vehicles, the company said in its stock market filing on Saturday.
Foreign Portfolio Investors (FPIs) turned net sellers in the Indian stock market by selling equities worth Rs 12,404.73 crore during this week (August 5 to 9).
US-based firm Hindenburg Research on Saturday posted a cryptic message hinting at a possible new India-centric report, over a year after it published allegations against the Adani group of companies of insider trading and other violations in the stock market.
The Stockholm Centre for South Asian and Indo-Pacific Affairs (SCSA-IPA) brought together scholars and experts from Europe, the US, and South Asia to examine China's strategic investments and influence in the Himalayan region.
The report noted that despite the challenges faced by the private equity industry, including a liquidity squeeze and declining distributions from major firms, India remains a favorable environment for capital raising and investment opportunities.
The Indian benchmark indices traded weak after opening on a negative note on Thursday, reacting to the unchanged policy repo rate announced by the Reserve Bank of India