Rs 1.67 lakh crore was wiped off of Reliance Industries Ltd’s (RIL) investors as shares of the company tumbled 9.6% on BSE today as poll counting estimates showed that Prime Minister Narendra Modi-led NDA alliance was not likely to score as much as exit polls had predicted in the 2024 Lok Sabha elections. Shares of … Read more
Mumbai: Six Adani Group firms have received so-called show-cause notices from the Securities and Exchange Board of India (Sebi) for alleged violation of related party transactions, non-compliance of listing rules and validity of auditor certificates in the past, these companies said in their regulatory filings to the stock exchanges. On Thursday, Adani Enterprises, the flagship … Read more
Two flagship companies of Adani Group – Adani Enterprises and Adani Ports and Special Economic Zone – are slated to release their earnings for the quarter ended December today. There are no estimates available for Adani Enterprises, but analysts expect Adani Ports to report a strong set of numbers on the back of a healthy … Read more
