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Adani Group stocks rise up to 3% after US Justice Department drops all charges against Gautam Adani
Adani Group stocks rose up to 3% after US Department of Justice dropped all criminal charges against Indian billionaire Gautam Adani and his nephew Sagar Adani, concluding a 19-month legal battle. This development, alongside a $275 million settlement with the US Treasury for sanctions violations, lifts uncertainty over the Adani Group's expansion plans. The group had faced allegations of bribery and fraud linked to solar power contracts.
Adani Enterprises to pay $275 million settlement to the US treasury for buying Iranian gas
The settlement, along with recent SEC and DOJ developments, effectively ends all ongoing US investigations involving the Adani Group.
Stocks making the biggest moves midday: Tata Motors PV, Infosys, Adani Enterprises and more - financialexpress.com
Stocks making the biggest moves midday: Tata Motors PV, Infosys, Adani Enterprises and morefinancialexpress.com
Stocks to Watch: Tata Motors PV, Adani Enterprises, JSW Steel, Bharti Airtel, among other stock in focus today - 15 May
Indian benchmark indices rose for the second consecutive session on May 14, with the Sensex gaining nearly 790 points. Bharti Airtel was the top gainer, while wholesale price inflation hit a 42-month high of 8.3%. Key companies are set to release quarterly results soon.
Stocks in news: Adani Enterprises, Tata Motors PV, Tata Steel, Jio Financial, ITC Hotels
Markets extended their rebound for a second consecutive session on Thursday, buoyed by supportive global cues and selective buying in heavyweight stocks. Banking majors played a crucial role in the relief rally, while IT stocks remained under pressure. Several companies, including Adani Enterprises, Tata Motors PV, and JSW Steel, were in focus due to significant block deals and financial results.
Global investors Temasek, Alpha Wave Global eye $1.3 bn investment in Adani Airports
Adani Airports: In all, four investors are expected to join the consortium seeking a stake in India's largest private airport operator, betting that air traffic growth will continue to rise in India. The identity of the other two investors could not be independently verified.
Global investors Temasek, Alpha Wave Global eye $1.3 bn investment in Adani Airports
In all, four investors are expected to join the consortium seeking a stake in India's largest private airport operator, betting that air traffic growth will continue to rise in India. The identity of the other two investors could not be independently verified.
Top Gainers & Losers on May 12: Kalyan Jewellers, Adani Power, Anant Raj, Tata Motors, BEML, UPL among top losers - Mint
Top Gainers & Losers on May 12: Kalyan Jewellers, Adani Power, Anant Raj, Tata Motors, BEML, UPL among top losersMint
Adani Ports names insider Niraj Bansal as CEO-Ports, Pranav Choudhary exits
Adani Ports and Special Economic Zone has appointed Niraj Bansal as its new CEO-Ports. This change will be effective from June 1. Pranav Choudhary will step down at the end of May. Bansal brings extensive experience from his previous roles, including at Jawaharlal Nehru Port Trust. He joined the Adani Group in October 2022.
Top Gainers & Losers on May 5: Wockhardt, Tata Tech, Gabriel India, Dabur, Adani Green Energy among top gainers - Mint
Top Gainers & Losers on May 5: Wockhardt, Tata Tech, Gabriel India, Dabur, Adani Green Energy among top gainersMint
Adani Ports, Tata Motors and Siemens Energy witness block deal action on Monday
Institutional investors injected over Rs 7,400 crore into Adani Ports and Special Economic Zone (APSEZ) on Monday through significant block deals. Capital Group entities were major buyers, acquiring stakes from Worldwide Emerging Market Holding Limited. Smaller block deals also occurred in Tata Motors and Siemens Energy India.
Q4 Results LIVE Updates: Sundram Fasteners profit up 30%; ESAF SFB NII grows 20%
Q4 Results LIVE Updates: Today is the busiest day in terms of quarterly results this week. The big earnings reaction of the day comes from Bajaj Finance where brokerages have raised their targets and even upgraded the stock, along with Waaree Energies, who also issued its guidance for FY27. The biggest result of the day comes from Hindustan Unilever (HUL), followed by Adani twins on the Nifty (Ports & Enterprises), Bajaj Finserv, ACC, Laurus Labs, Dr. Lal Pathlabs, RailTel, Newgen Software and others. Follow for all the Live updates.