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Adani Group Stocks Plunges by 20% After Gautam Adani Charged in Bribery Scheme

Adani Group Stocks Plunges by 20% After Gautam Adani Charged in Bribery Scheme

21 Nov 2024 11:04 AM IST

Shares of Adani Group companies took a significant hit when the markets opened on Thursday, November 21, 2024, following the announcement from the U.S. Securities and Exchange Commission (SEC) that it was pressing charges against Chairman Gautam Adani, Sagar Adani, and Azure Power Global Ltd executive Cyril Cabanes in connection
Adani Green Energy Delays USD Bond Offerings Following Bribery Charges Against Gautam Adani

Adani Green Energy Delays USD Bond Offerings Following Bribery Charges Against Gautam Adani

21 Nov 2024 10:03 AM IST

Adani Green Energy has decided to postpone its planned USD-denominated bond offerings in light of the recent criminal charges filed against Adani Group Chairman Gautam Adani and other senior executives in connection with an alleged bribery scheme. In a filing to the stock exchange on Thursday, the company stated, “The
Google’s Chrome Browser Could Be Valued at $20 Billion If Sold, Antitrust Regulators Say

Google’s Chrome Browser Could Be Valued at $20 Billion If Sold, Antitrust Regulators Say

21 Nov 2024 09:27 AM IST

Google’s Chrome browser, with over 3 billion users, could be worth up to $20 billion if antitrust regulators succeed in forcing its sale, according to Bloomberg News. This estimate reflects Chrome’s dominant position in the market and its integral role in Google’s broader ecosystem. The U.S. Department of Justice (DOJ)
Target Struggles While Walmart Shines In Latest Earnings Reports

Target Struggles While Walmart Shines In Latest Earnings Reports

21 Nov 2024 02:25 AM IST

Target reports sluggish sales and declining profits in Q3, struggling to attract inflation-hit customers, while Walmart thrives with strong growth and positive holiday projections.
Google Maps Launches Air View+

Google Maps Launches Air View+

20 Nov 2024 21:49 PM IST

"People in India can now access hyperlocal air quality information across the country in Google Maps," the company announced.
Power Ministry Removes Free Power Rule for PSPs

Power Ministry Removes Free Power Rule for PSPs

20 Nov 2024 17:27 PM IST

Energy storage plays a crucial role as it helps the infirm renewable power convert into a 'Round The Clock' option.
India’s Real Estate Equity Investments to Surpass $10 Bn in 2024: CBRE-CII Report

India’s Real Estate Equity Investments to Surpass $10 Bn in 2024: CBRE-CII Report

20 Nov 2024 16:37 PM IST

Between January and September 2024 alone, equity capital inflows reached USD 8.9 billion, marking a significant 46% year-on-year growth.
India’s Insurance Market to Reach $11 Trillion by 2047

India’s Insurance Market to Reach $11 Trillion by 2047

20 Nov 2024 15:57 PM IST

Health insurance penetration in India is just 0.31%, significantly lower than the United States (5.26%) and China (0.77%).
Bitcoin Soars Past $94,000: How Trump’s Latest Move Boosted Cryptocurrency

Bitcoin Soars Past $94,000: How Trump’s Latest Move Boosted Cryptocurrency

20 Nov 2024 12:23 PM IST

Bitcoin surged to an all-time high of over $94,000, continuing its dramatic rise in the weeks following Donald Trump’s victory in the November 5 U.S. presidential election. According to a report by Reuters, the leading cryptocurrency was trading at $92,104 during Asian hours on Wednesday, November 20, after reaching its
Is Stock Market Closed for Maharashtra Election 2024?

Is Stock Market Closed for Maharashtra Election 2024?

20 Nov 2024 09:40 AM IST

Due to the Maharashtra Assembly Election 2024 on November 20, 2024, the Indian stock market will be closed. Investors can check the Bombay Stock Exchange (BSE) website for confirmation. Stock Market Holiday Details The BSE lists all the stock market holidays for 2024. In November, there are three holidays: November
NF Railways and IIT Guwahati to Develop AI Systems for Train Safety and Sustainability

NF Railways and IIT Guwahati to Develop AI Systems for Train Safety and Sustainability

19 Nov 2024 22:06 PM IST

This system, designed with IIT Guwahati's expertise, will aim to strengthen security and operational efficiency by preventing pilferage.
NTPC Green IPO Sees Strong Start, Retail Portion Oversubscribed on Day 1

NTPC Green IPO Sees Strong Start, Retail Portion Oversubscribed on Day 1

19 Nov 2024 20:29 PM IST

The Initial Public Offering (IPO) of NTPC Green Energy Ltd (NGEL) witnessed strong participation on its first day, with around one-third of the shares on offer being subscribed. The retail investor segment saw significant enthusiasm, as their portion was oversubscribed by 1.5 times, according to the latest data. IPO Price
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