Adani Power acquires VIPL for Rs 4,000 crore; capacity hits 18,150 MW
Adani Power Ltd has acquired Vidarbha Industries Power Ltd for Rs 4,000 crore, increasing its operating capacity to 18,150 MW. The company plans to further ...
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India’s manufacturing growth hits 16-month high: PMI for July jumps to 59.1; sales, output surge despite confidence level dip
India’s manufacturing sector surged to a 16-month high in July, reaching 59.1, fueled by robust order growth and output. Sales growth hit a near five-year ...
Adani Power Q1 results: Net profit falls 16% to Rs 3,305 crore; revenue declines on lower tariffs and higher costs
Adani Power’s net profit decreased to Rs 3,305 crore in the April-June quarter. Revenue also saw a dip, reaching Rs 14,167 crore. EBITDA stood at ...
FIIs withdraw Rs 27,000 crore in 9 days: Trump’s tariff, weak rupee spook investors; short positions at record high
Foreign institutional investors have withdrawn over Rs 27,000 crore from Indian equities amid weak earnings, Trump’s tariffs, and a weakening Rupee. Investor sentiment has been ...
Jane Street not cooperating with authorities; I-T probe faces hurdles: Report
Jane Street is reportedly not cooperating with the Income Tax Department’s investigation into alleged tax evasion and market manipulation. Access to the company’s servers is ...
‘India being made example for others’: Donald Trump’s tariff order denies exemptions to India; ‘one of the toughest trade actions…’
Donald Trump’s administration is imposing a 25% tariff on all Indian goods starting August 7, 2025, without any product exemptions, unlike other nations. This move, ...