In this issue

January 31, 2023

Adani group stock rout hits ₹5.6 trillion in 3 days

The fall in Adani group stocks has continued since the release of the Hindenburg report

2 mins

IMF: India, China may drive half of '23 global growth

India forecast remains unchanged for FY24

2 mins

SC refuses to entertain JKC plea on Jet employees' dues

The consortium had moved the Supreme Court earlier this month challenging the NCLAT Order of October 21, 2022

1 min

Blackstone entity gets HC breather in I-T case

Delhi HC sets aside reassessment proceedings

2 mins

Budget hope: Bigger push for PLI schemes

Performance of mobile devices scheme to improve in FY23

2 mins

'No worry', says PNB on Adani exposure

44.2% DROP IN NET

2 mins

Budget session from today, Cong yet to show its hand

MPs feel that for the first time, the Congress is playing its cards close to its chest as no party leader is likely to be present at the meeting (they are unable to return from the Bharat Jodo Yatra)

3 mins

Murmu speech to give report card on defence and security

A year after then President Ram Nath Kovind's January 31, 2022 speech, Murmu's speech will reveal the extent to which the government has implemented the pledges he made.

3 mins

'Change only constant': Manu Jain quits Xiaomi

Device maker accused of violating Foreign Exchange Management Act

1 min

Sanofi offers VRS to 800 staffers at India vaccine units amid review

Had failed to win Unicef contract to supply a vaccine against diphtheria and tetanus, among others

1 min

Hein Schumacher is new CEO of Unilever

Schumacher joined Unilever's board as an independent director in June, just a month after Peltz obtained a seat.

2 mins

Known unknowns of the fertiliser subsidy

Two policy tweaks to lower the govt's bill depend on weather, state of the global economy and the trajectory of the Russia-Ukraine war

4 mins

Birla scions join board of ABFRL

Ananya and Aryaman were recently inducted to Aditya Birla Management Corporation

2 mins

Rating firms seek exposure details from lenders on Adani companies

Their exposure amounts to 38% of the group's total debt

2 mins

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