Business News
Adani Group Reports Record Performance and Reduced Debt Exposure
The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt. The strong growth in the first half was fueled by Adani Enterprises' solar and
Adani Group Reports Record Performance and Reduced Debt Exposure
The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt. The strong growth in the first half was fueled by Adani Enterprises' solar and
Stock Markets Rise After BJP's Big Win in Maharashtra Elections
Indian stock markets saw a strong rally this morning, buoyed by the BJP-led NDA's massive victory in the Maharashtra assembly elections, which is home to Mumbai, the financial capital of India. The BSE Sensex opened at 80,193.47 points and surged by about 1,300 points by 11 am, while the Nifty 50 gained more than 346.30 points to open at 24,253.55 points. This follows a strong session on Friday where both indices saw their best performance since early June. All 13 major sectors
Stock Markets Rise After BJP's Big Win in Maharashtra Elections
Indian stock markets saw a strong rally this morning, buoyed by the BJP-led NDA's massive victory in the Maharashtra assembly elections, which is home to Mumbai, the financial capital of India. The BSE Sensex opened at 80,193.47 points and surged by about 1,300 points by 11 am, while the Nifty 50 gained more than 346.30 points to open at 24,253.55 points. This follows a strong session on Friday where both indices saw their best performance since early June. All 13 major sectors







