The Adani Group saw a massive fall in market cap and share prices of its listed companies following Hindenburg’s allegations. It also resulted in the Group calling off AEL’s fully subscribed Rs 20,000 crore FPO.
Apart from Nifty 50, the company will be excluded from Nifty 100, Nifty 200, Nifty 500, Nifty50 Equal Weight, among others.
The applicants rejected were – UAE Exchange and Financial Services, The Repatriates Cooperative Finance and Development Bank Ltd (REPCO Bank), Chaitanya India Fin Credit Pvt Ltd and Pankaj Vaish and others.
HDFC Ltd, the parent of the country’s largest private sector lender, merged into HDFC Bank on Saturday, with boards of both the entities clearing the plan first presented on April 4 last year.
As many as 5.83 crore tax returns have been filed for income earned in 2022-23 fiscal, thus crossing the number of ITRs filed till July 31 last year.
In a statement, Maruti Suzuki India (MSI) said, that total domestic passenger vehicle sales were at 1,56,114 units as against 1,34,166 units in the year-ago month.
RBI Governor Shaktikanta Das said commercial banks will first begin reporting on the central bank’s latest next-generation data warehouse, the Centralised Information Management System’ (CIMS), followed by urban cooperative banks and non-banking financial companies.
China Merchants Holdings Co and the Sri Lanka Ports Authority are jointly developing Colombo’s South Container Terminal, the first terminal under expansion in the Port of Colombo.
Addressing the fifth Auto Retail Conclave, Nitin Gadkari said the government is encouraging a circular economy, and accordingly the government will give permission to dealers to start vehicle scrapping facilities.
Banks may not approach Wadias for revival of airline.