Adani Enterprises has been considering a potential sale of its 44% stake in Adani Wilmar for a few months, according to a report.
As per Controller General of Accounts (CGA) data, the government’s capital expenditure stood at Rs 7.36 lakh crore 2022-23 against the budget target of Rs 7.5 lakh crore and revised estimate of Rs 7.28 lakh crore
The impugned order passed by SEBI’s whole time member against Prannoy Roy and Radhika Roy cannot be sustained, the SAT order said.
Gautam Adani’s fortune fell by 57 per cent to Rs 4.74 lakh crore, amid a massive stock rout in his group firms this year, after a report by a US-based short seller against the group.
HCLTech jumped over 3 per cent to close at Rs 1,171.35 after the IT giant signed a deal worth $2.1 billion with Verizon Business for providing primary managed network services (MNS).
L&T on Thursday said its Buildings & Factories business has bagged several ‘large’ projects under its various business units.
L&T did not provide value of the contracts but said the orders fall under “significant” category, which ranges between Rs 1,000 crore and Rs 2,500 crore, as per its classification of contracts.
Reliance-Jio Financial Services demerger: On Wednesday, RIL shares ended at Rs 2,841.85 apiece on the NSE.
The disruption assumes significance as Bab-el-Mandeb Strait, which connects the Mediterranean Sea to the Arabian Sea via the Red Sea and the Suez Canal, is vital for 30 per cent of global container traffic and India relies on the route to trade with parts of West Asia, Africa, and Europe.
Among NSE firms, the stocks that gained include Wipro Ltd, Tech Mahindra Ltd, HCL Technologies, Infosys and LTI Mindtree Ltd.