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India scraps tax exemption on imports of missile parts amid Adani probeIndia has reversed a policy that allowed tax-free imports of missile parts. This change comes after a government notification in September ...
GST cut on cement to boost sector, accelerate infrastructure growth: Industry playersWelcoming the development, Akhoury, who is also Managing Director, Shree Cement, said cement is a foundational input material for infrastru...
India saw $116 billion deals in 2024Merger and acquisition deals worth $44 billion were struck. Nazara Technologies, which made 21 acquisitions, was followed by Adani Group, w...
At $4.2 billion, Q2 2024 IPO size records its highest growth in 2 yearsQIPs saw a rise in both value and volume compared to the previous quarter, with 20 issues raising $2.3 billion. This marks the second-highe...
Deal activity declines 60 pc in April to USD 5.19 bn despite more transactionsThe highest decline by value was in the merger and acquisitions transactions, which came down 75 per cent to USD 2.526 billion when compare...
Letters sent to affiliates of Deloitte, EY, KPMG, Grant Thornton, and two CA firms based in Ahmedabad; Adani Group says it complies with relevant accounting standards & lawsThe National Financial Reporting Authority (NFRA) has requested audit affiliates of Deloitte, EY, KPMG, Grant Thornton, and two Ahmedabad-b...
Hindenburg saga: Hiring Grant Thornton for independent audit is a market rumour, says Adani EnterprisesThe exchanges had sought a clarification from the company after Business Standard reported that the embattled Adani group had appointed acc...
Adani Group hints at governance changes, steps up defence vs Hindenburg to calm investorsAdani Group has been brutally haunted after a report by US short-seller Hindenburg accused of several malpractices in the conglomerate's ac...
Adani stocks: Investors lose Rs 30,000 crore today despite assurances to shareholdersOut of the 10 Adani stocks listed on stock exchanges, only Adani Ports was trading marginally higher and all other nine stocks were blinkin...
Adani hires Grant Thornton for some independent audits after Hindenburg fallout: SourcesThe appointment marks the first major effort by Adani Group to defend itself in the wake of a Jan. 24 report by Hindenburg that accused it ...
India Inc signs over 1,100 deals worth over $104 billion in first half of 2022According to the Grant Thornton Bharat Dealtracker report, the numbers show a 34 per cent increase in overall deal volumes, while deal valu...
Adani Power's resolution plan for Essar Power unit gets NCLT approvalThe approved resolution plan provides for payment of Rs 2,500 crore as against the admitted claim of financial and operational creditors to...
63 Moons seeks support from DHFL’s retail investors for additional recovery63 moons technologies subscribed to DHFL’s non-convertible debentures. Its latest claim is excluding the ongoing resolution process for whi...
Lenders of DHFL ask bidders to further sweeten offers by four suitorsEarlier this month, DHFL had received four bids for either picking up stake in the company or buying out assets. The four bidders are Adani...
Lenders to debt-ridden DHFL to meet on Monday to take call on bidsPrior to that, the company's board was superseded and R Subramaniakumar was appointed as the administrator. He is also the resolution profe...
Adani Group, Piramal among 4 bidders for DHFL, lenders stare at over Rs 60,000 crore write-offIn November, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for i...
India Inc's M&A deal value slips 45 pc to USD 1.5 bn in October: ReportAccording to Grant Thornton's latest M&A Dealtracker, there were 28 M&A deals worth USD 1.5 billion in October this year, while in the same...
Ongoing global uncertainties dampen M&A deal activity in August: ReportAccording to Grant Thornton's monthly M&A Dealtracker, the prevailing economic uncertainties resulted in August recording 36 per cent decli...
Tata, Adani Power may have to wait longer for tariff hikeBoth companies sought higher than contracted tariffs for electricity sold to state utilities after the price of coal imported from Indonesi...
- Adani Power may surge 10-30 pc over issue price on listing day
Adani Power, whose IPO lit up the country's primary market space with good response from investor, is expected to surge in the range of 10-...