US research firm Hindenburg alleges stock manipulation, Adani Group says malafide

[ad_1] Shares of Adani Group companies lost over Rs 80,000 crore in market capitalisation Wednesday after New York-based investor research firm Hindenburg Research, which specialises in short selling, accused industrialist…

LIC doubles down on Gautam Adani amid short seller row

[ad_1] State-controlled Life Insurance Corp. of India is spending about 3 billion rupees ($37 million) as an anchor investor in a $2.5 billion new share sale by Adani Enterprises Ltd.,…

Forex reserves zoom by USD 10.417 billion USD 572 billion

[ad_1] India’s forex reserves zoomed by USD 10.417 billion to USD 572 billion as on January 13, making it one of the biggest weekly jumps in the kitty in recent…