S&P Cuts Credit Outlook Of Some Adani Group Firms
S&P said in a statement that there is a risk that investor concerns about the group’s governance and disclosur... Read more
Three Large Banks Have Exposure Of <span Class='webrupee'>₹</span>40,000 Crore To Adani Firms
The exposure to Adani group companies accounts for 0.8% of the total gross advances of the top three state-run banks Read more
After Birlas Commit To Invest, Centre Agrees To take Equity In Vodafone Idea
The loss-making telco has been struggling to raise ₹20,000 crore funds via debt and equity since 2021 Read more
Paytm Reports First-ever Operating Profit
Paytm, operated by One97 Communications, reported an earnings before interest, taxes, depreciation and amortization (Ebi... Read more
NSE Includes Brokerage Firm Linked To Adani Group On Watch List
The NSE added a firm run by a relative of Adani: Monarch Networth Capital Read more
Paytm Q3 Consolidated Loss Narrows To <span Class='webrupee'>₹</span>392 Crore
Its revenue from operations jumped about 42 per cent to ₹2,062.2 crore during the quarter from ₹1,456.1 crore in t... Read more
Adani Airport Work May Need New Funding After FPO Fiasco
On 1 February, Adani Enterprises Ltd’s board scrapped its ₹20,000-crore FPO in the best interests of investors foll... Read more
ITC Profit Tops Forecast On Cigarette, FMCG Biz
Net profit rose 21% to ₹5,031.01 crore in the December quarter Read more
Infosys Set To Pip Cognizant To Become 2nd-largest IT Services Firm
Bengaluru-based Infosys does not give quarterly guidance and only forecasts full-year revenue growth in constant currenc... Read more
BoBs Net Up 75.4%, Beats Estimates
The bank’s gross bad loan ratio, or total bad loans as a percentage of total advances, fell 272 bps y-o-y to 4.53% Read more
Record Profit For SBI In Straight Qtr
Net interest income (NII), which is the difference between interest earned and spent, rose 24% to ₹38,068 crore Read more
Adani Group Credit Outlook Cut To Negative By S&P As Risk Mounts
S&P lowered the rating outlook for Adani Ports & Special Economic Zone Ltd. and Adani Electricity Mumbai... Read more
IndiGo Posts Record Revenue In Q3, Eyes International Foray
Indigo said robust demand on account of the peak travel season was the reason behind topline growth Read more
Budget To Support Demand Growth
Finance minister Nirmala Sitharaman pegged the fiscal deficit for 2023-24 at 5.9% compared to 6.4% in 2022-23 Read more
Mahanagar Gas Net Profit Up 203% In Q3, Board Declares Dividend Of <span Class='webrupee'>₹</span>10
With a market valuation of ₹8,395.62 Cr, Mahanagar Gas is a mid-size company that engages in the energy industry. Read more