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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Riding a virtual clean chit from a Supreme Court-appointed committee and confident about having regained the faith of investors, his conglomerate now wants to raise much-needed capital. Will it work?
On Monday, the Adani group’s market valuation went past Rs 10 lakh crore, the first time since 14 February. Though it’s still some way off the January peak of Rs 19 lakh crore, it was the group’s best day on the markets since the adverse report by US-based Hindenburg Research dropped in the last week of that month.
The immediate spark for the rally was a report by a six-member committee set up by the Supreme Court that found nothing to implicate the group on the events triggered by charges that the short seller levelled. We had written about the …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.
