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India
 "adani")
Adani group stocks: Representative Image | (Photo: Shutterstock)
As many as seven Adani group stocks ended lower on Friday as the Swiss authorities froze $311 million (Rs 2,610 crore) held by a Taiwanese resident in multiple Swiss bank accounts as part of a money laundering probe, suspecting
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Read more: Majority of Adani group stocks settle lower, Adani Power down nearly 3%
Write comment (93 Comments) "Byjus, Byju")
Indian official and the US creditors have been in dispute with each other. (Photo: Reuters)
By Dorothy Ma
A US court ruling that placed into bankruptcy units associated with Indian education technology company Byju’s took an official in the firm’s home country by surprise.
The decision, made at a
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Read more: [India] - Byju's bankruptcy ruling in US comes as a surprise for Indian official
Write comment (95 Comments) "Spicejet")
Spicejet (Photo: Wikipedia)
SpiceJet on Thursday said its shareholders have approved the proposal to raise up to Rs 3,000 crore through issuance of securities.
The no-frills carrier -- which is grappling with multiple woes, including financial challenges, legal battles and grounding of
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Read more: Investors authorize Rs 3,000 crore fund raising plan, says SpiceJet
Write comment (96 Comments) "Tamil Nadu CM M K Stalin with Matthew Kotlowski, Ford India director (govt affairs), in Dearborn. State Industries minister T R B Raja and Kay Hart, president, Ford IMG, are also present")
Tamil Nadu CM M K Stalin with Matthew Kotlowski, Ford India director (govt affairs), in Dearborn. State Industries minister T R B Raja and Kay Hart, president, Ford IMG, are also present
American carmaker Ford Motor Company is set to reignite its presence in India with plans to restart
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Read more: [India] - After 2 years, Ford takes road back to India to make e-cars for export
Write comment (94 Comments) "Logistics firm Delhivery has alleged that its IPO-bound rival Ecom Express has misrepresented numbers related to the two companies' business metrics in its draft red herring prospectus (DRHP). These numbers relate to metrics such as shipment volumes,")
Illustration: Binay Sinha
Logistics firm Delhivery has alleged that its IPO-bound rival Ecom Express has misrepresented numbers related to the two companies’ business metrics in its draft red herring prospectus (DRHP). These numbers relate to metrics such as shipment volumes, Service Ebitda, a
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Read more: [India] - IPO-bound Ecom Express used inaccurate numbers in DRHP, says Delhivery
Write comment (97 Comments) "Shaktikanta Das, Shaktikanta, RBI Governor")
Shaktikanta Das, RBI Governor (Photo: Shutterstock)
Banks could be a target for short sellers as stress in the global commercial real estate sector can cause liquidity squeezes, Reserve Bank of India Governor Shaktikanta Das cautioned on Monday.
Delivering a speech at the Future of Finance
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Read more: [India] - Short-sellers may target banks with big CRE direct exposure: RBI governor Das
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