In this issue

January 28, 2023

Adani stock rout roils mkts

GROUP LOSES $50 BN IN M-CAP IN TWO SESSIONS. BANKING, FINANCIAL STOCKS HIT AMID CONTAGION FEARS

2 mins

Worst over for global economy: RBI guv

Domestic economy resilient, says Das

2 mins

Cloud hangs over Adani firm FPO

The rout in shares of Adani Enterprises (AEL) has put the firm's 20,000-crore follow-on public offering (FPO) under a cloud.

1 min

India Inc looks to plug into EV-charging infra at work

Firms offering such vehicles as car lease options, converting their fleet into EVs

3 mins

Low output pulls Vedanta net profit down 41% in Q3

Firm clocked revenue of ₹33,691 crore, down 7% from the previous quarter

1 min

Bajaj Fin logs highest ever quarterly profit

Bajaj Finance reported its highest-ever quarterly profit at ₹2,973 crore in the December quarter (Q3) of FY23, up 40 percent year-on-year (YoY). The performance was aided by a healthy rise in net interest income (NII) and a drop in provisions and contingencies.

1 min

DGCA imposes ₹10-lakh penalty on Go First

This is the third case of an airline getting penalised for lapses

1 min

Govt set to invite Eols for Great Nicobar Port today

₹41,000-crore transshipment terminal plan faces environmental concerns

3 mins

GIC against govt nominee in insurance councils

The General Insurance Council (GIC), the grouping of non-life insurers, has opposed the move by the finance ministry to appoint a central government representative to the executive committees of both Life Insurance Council and GIC, as proposed in the Insurance Amendment Bill.

1 min

Indian Army has advantage over PLA on border: Naravane

'We should negotiate the border from that position of advantage'

1 min

India sends notice to Pak, seeks changes in pact

India has issued a notice to Pakistan for modification of the Indus Waters \"intransigence\" in the implementation of the pact, inked over six decades back for matters relating to cross-border rivers, government sources said on Friday.

1 min

EU mulls $100 price cap for Russia diesel exports

A lower $45 threshold would be set for discounted products like fuel oil

1 min

Intel stock down 9% on grimmest outlook since 2010

Intel gave one of the gloomiest quarterly forecasts in its history after a personal-computer slump ravaged the chipmaker's business, sending shares tumbling and setting back turnaround efforts.

1 min

India's nuclear power push

With plans to commission 20 new plants before 2031, the country is looking to tap nuclear power faster

1 min

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