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ADANI GROUP CRISIS
Adani Power shares gain 3%, snap two-day losing streak. Why are Jefferies, Bernstein bullish on the stock?Adani Power shares are climbing on strong prospects for India's power demand and the booming data centre sector. Analysts see the Adani Gro...
India's data centre capacity could hit upper end of 5-8 GW target by 2030; Adani, Reliance best placed, says BernsteinIndia’s data centre capacity could expand to the upper end of the projected 5-8 GW range by 2030 from about 1.5 GW currently, according to ...
India’s solar crisis has been failure of planning, coordination and infrastructure: Swaminathan AiyarIndia’s rapid solar expansion is creating an unusual crisis where electricity prices on the Indian Energy Exchange briefly fell to zero in ...
Cement makers expect 7-8% growth in FY27 despite West Asia headwindsIndian cement companies anticipate strong growth of 7-8 per cent in FY27. Government infrastructure projects and housing demand are key dri...
Bernstein says Adani Group emerged stronger after short-seller episode and US developmentsAdani Group has emerged stronger following past challenges. A report highlights improved financials and continued infrastructure expansion....
Adani turning back the clock: How two group stocks created Rs 1.3 lakh crore wealth in a lopsided Nifty yearAdani Enterprises and Adani Ports have generated over Rs 1.3 lakh crore in investor wealth this year. These two Adani Group stocks have sig...
Cement cos diverge on expansion plans amid West Asia uncertaintyIndian cement companies are taking different paths on spending. Some, like Ultratech Cement, Dalmia Bharat, and Nuvoco Vistas, are increasi...
Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
'Where is Modi?': Sanjay Raut questions PM's foreign tourSanjay Raut of Shiv Sena (UBT) has strongly criticized the BJP. He questioned Prime Minister Narendra Modi's foreign visits while the count...
Wake up, smell their coffee: What India needs to do to allay concerns of fleeing foreign investorsThe complexity of India's tax framework is causing hesitation among foreign investors, with recent capital outflows underscoring this issue...
Gautam Adani highlights energy & digital security as 'twin foundations' of national powerAdani Group Chairman Gautam Adani said that control over both energy and digital infrastructure will define 21st-century global powers. He ...
Adani Green Energy to add up to 15,000 GWh of battery energy storage capacity annuallyAdani Green Energy plans massive battery storage expansion. The company will add thousands of gigawatt hours of capacity each year. This mo...
Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing margins. Cooking...
LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRAIndian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and hi...
Impact of UAE exit from OPEC on India still uncertain, country should focus on energy resilience, says Sagar AdaniAs India faces the ripple effects of the UAE's departure from OPEC, it is imperative to prioritize energy resilience. While this shift may ...
Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...
Adani group says Rs 34,900 cr petrochem project to start after securing financial closureThe conglomerate, hit by allegations around corporate misgovernance, said it has decided to put on hold the major equipment procurement and...
Adani crisis ignites financial contagion fears, credit warningsThe crisis was triggered by a Hindenburg Research report last week in which the U.S.-based short-seller accused the Adani Group of stock ma...
Government refuses to comment on Adani Group crisisChief Economic Advisor (CEA) V Anantha Nageswaran on Tuesday had also refused to comment on the impact of the rout in Adani Group shares fo...
Adani crisis unlikely to have any impact on Bengal's Tajpur port project: Business chambersAdani group's listed companies have lost over USD 70 billion since the January 24 report of US short seller Hindenburg Research that flagge...