Foreign Portfolio investors (FPIs) have dumped Indian equities worth Rs 8,000 crore in the first week of October on the back of dollar appreciation and the steady rise in the US bond yields. This came after FPIs turned net sellers in September and pulled out Rs 14,767 crore. Before the outflow, FPIs were incessantly buying […]
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Sebi submits report to Supreme Court, says probe doneSebi submits report to Supreme Court, says probe done
The Securities and Exchange Board of India (Sebi) in a fresh affidavit to the Supreme Court (SC) on Friday said that it has completed its investigation into the Adani Group. Sebi “shall take appropriate action based on outcome of the investigations,” it added. The market regulator said that it has investigated 24 transactions involving the […]
India’s December manufacturing PMI at 18-month low of 54.9 vs 56.0 in NovemberIndia’s December manufacturing PMI at 18-month low of 54.9 vs 56.0 in November
India’s manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, was recorded at an 18-month low of 54.9 in December as against 56.0 in November. Despite the fall, the HSBC India Manufacturing PMI was indicative of a marked improvement in the health of the sector. “The HSBC India Manufacturing PMI survey, conducted by S&P Global, […]
Gautam Adani hikes stake in Adani Enterprises; total promoter shareholding at 69.87%Gautam Adani hikes stake in Adani Enterprises; total promoter shareholding at 69.87%
Billionaire Gautam Adani-led promoter group has increased its stake in the group’s flagship firm as the ports-to-energy conglomerate continues to recover from the effects of a report by US short-seller Hindenburg Research. Promoter group has increased stake in Adani Enterprises Ltd from 67.65 per cent to 69.87 per cent, according to a stock exchange filing. […]
Cyclone Biparjoy leaves trail of devastation in Gujarat – SEE PICSCyclone Biparjoy leaves trail of devastation in Gujarat – SEE PICS
1/10 A couple rides a scooter amid dust due to strong wind, before the arrival of cyclonic storm Biparjoy, in Ahmedabad, India, June 15, 2023. (Reuters Photo) 2/10 This Thursday, June 15, 2023, satellite image released by NASA shows Cyclone Biparjoy approaching southern Pakistan. Biparjoy made landfall on Thursday evening as a vast swath of […]