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Category: Business

Business

Rupee falls 8 paise to hit all-time low of 84.50 against US dollar

Posted on November 21, 2024 By admin
Rupee falls 8 paise to hit all-time low of 84.50 against US dollar

The rupee depreciated 8 paise to settle at an all-time low of 84.50 (provisional) against the U.S. dollar | Photo Credit: istock.com The rupee depreciated 8 paise to settle at an all-time low of 84.50 (provisional) against the U.S. dollar on Thursday (November 21, 2024), dragged down by massive sell-off in domestic equity markets and…

Read More “Rupee falls 8 paise to hit all-time low of 84.50 against US dollar” »

Business

Live tracking Adani Stocks: Adani Group shares plunge after U.S. bribery indictments

Posted on November 21, 2024 By admin
Live tracking Adani Stocks: Adani Group shares plunge after U.S. bribery indictments

Adani Group’s plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges he duped investors in a solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme. In an indictment unsealed by federal prosecutors in New York on Wednesday (November 20, 2024), Gautam…

Read More “Live tracking Adani Stocks: Adani Group shares plunge after U.S. bribery indictments” »

Business

Stocks of Adani Group going into a tailspin raises concern over Vizhinjam seaport development in Kerala

Posted on November 21, 2024 By admin
Stocks of Adani Group going into a tailspin raises concern over Vizhinjam seaport development in Kerala

The case charged against billionaire Gautam Adani and seven others in an alleged multibillion-dollar bribery and fraud scheme in the United States has raised concerns about the commitment made by the Adani Group in Kerala in connection with the development of the Vizhinjam International Seaport. | Photo Credit: Reuters The case charged against billionaire Gautam…

Read More “Stocks of Adani Group going into a tailspin raises concern over Vizhinjam seaport development in Kerala” »

Business

Adani Group: U.S. Department of Justice allegations baseless

Posted on November 21, 2024 By admin
Adani Group: U.S. Department of Justice allegations baseless

Adani Corporate House in Ahmedabad. File. | Photo Credit: AP Hours after a statement from the New York Eastern District court indicted Gautam Adani and the other board of directors of Adani group of companies of criminal and civil irregularities, the Adani group denied the allegations against Adani Green calling them baseless. Also Read:Gautam Adani…

Read More “Adani Group: U.S. Department of Justice allegations baseless” »

Business

Adani U.S. indictment: BJP hits back at Congress, questions timing of bribery allegations

Posted on November 21, 2024 By admin
Adani U.S. indictment: BJP hits back at Congress, questions timing of bribery allegations

File picture of BJP IT cell head Amit Malviya | Photo Credit: PTI The BJP on Thursday (November 21, 2024) targeted the Congress over its attack on the Central government after U.S. prosecutors charged industrialist Gautam Advani with bribery and fraud, saying all the States mentioned in the indictment were at that time ruled by…

Read More “Adani U.S. indictment: BJP hits back at Congress, questions timing of bribery allegations” »

Business

Gautam Adani US Indictment: Who are the seven others charged with defrauding American investors?

Posted on November 21, 2024 By admin
Gautam Adani US Indictment: Who are the seven others charged with defrauding American investors?

Gautam Adani indicted by the U.S. Securities and Exchange Commission (SEC) with fraud, bribery, and corruption for allegedly defrauding American investors and bribing officials. File photo | Photo Credit: AP Gautam Adani along with seven others that includes his nephew Sagar Adani have been indicted by the U.S. Securities and Exchange Commission (SEC) with fraud,…

Read More “Gautam Adani US Indictment: Who are the seven others charged with defrauding American investors?” »

Business

Stock Market Today: Sensex, Nifty tumble in early trade; Adani group stocks crack

Posted on November 21, 2024 By admin
Stock Market Today: Sensex, Nifty tumble in early trade; Adani group stocks crack

Adani Group Chairman Gautam Adani. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty tumbled in early trade on Thursday (November 21, 2024) amid sharp fall in Adani group stocks and unabated foreign fund outflows. Weak trends from Asian peers also drove the markets lower during the initial trade. The BSE benchmark Sensex tumbled 468.17 points…

Read More “Stock Market Today: Sensex, Nifty tumble in early trade; Adani group stocks crack” »

Business

Prasar Bharti unveils new OTT app ‘Waves’

Posted on November 21, 2024 By admin
Prasar Bharti unveils new OTT app ‘Waves’

Also, Waves app provides a host of services such as news, easy shopping facility by linking up with ONDC network, games, films. | Photo Credit: Photo Courtesy: https://www.youtube.com India’s public broadcaster Prasar Bharati on Wednesday (November 20, 2024) unveiled its OTT app ‘Waves’ through which users can also access vast archives of Doordarshan and Aakashvani….

Read More “Prasar Bharti unveils new OTT app ‘Waves’” »

Business

Rupee turns flat at 84.42 against U.S. dollar in early trade

Posted on November 21, 2024 By admin
Rupee turns flat at 84.42 against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Reuters The rupee turned flat at 84.42 against the U.S. dollar in early trade on Thursday (November 21, 2024) amid volatile crude oil prices and lackluster sentiment in the domestic equity markets. A weaker American currency supported the local unit, but it was weighed down by the…

Read More “Rupee turns flat at 84.42 against U.S. dollar in early trade” »

Business

Adani Stocks Today: Sensex, and Nifty tumble in early trade amid sharp fall in Adani group stocks

Posted on November 21, 2024 By admin
Adani Stocks Today: Sensex, and Nifty tumble in early trade amid sharp fall in Adani group stocks

The logo of the Adani Group. | Photo Credit: Reuters Stocks of Gautam Adani’s seven listed companies on the bourses crashed on opening after the New York Eastern district court indicted Gautam Adani, Sagar Adani, Vineet S. Jain and their associates and bribery and securities fraud on Thursday (November 21, 2024). Adani Energy Solutionns fell…

Read More “Adani Stocks Today: Sensex, and Nifty tumble in early trade amid sharp fall in Adani group stocks” »

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