Tag: investors

  • Cipla Share Price Analysis: Advice for Investors

    Cipla Share Price Analysis: Advice for Investors

    Introduction to Cipla – A Pillar in the Pharmaceutical Industry

    Cipla, India’s leading pharmaceutical corporation, has long been a vital player in the global healthcare sector. This article examines Cipla’s history, its impact on the pharmaceutical business, and how its share price has changed over time.

    A Prescription for Growth: Understanding Cipla’s Business Model

    Understanding Cipla’s share price performance requires an understanding of its business approach. This section presents an overview of the company’s primary operations, diversified product portfolio, and geographical presence, highlighting the elements that influence financial performance.

    Market Performance and Share Price History

    A detailed examination of Cipla’s share price history is essential to grasp the stock’s performance over various market cycles. This part analyzes key milestones, stock splits, and market-moving events that have influenced Cipla’s share price, providing insights into investor sentiment and market dynamics.

    Financial Health and Share Price Correlation

    Cipla’s financial health has a substantial impact on its share price fluctuation. This part assesses the financial statements of the company, including major financial parameters, profitability, and growth possibilities. Investors learn about the relationship between Cipla’s financial performance and share price changes.

    Industry Outlook and Market Sentiment

    Cipla’s share price can be greatly influenced by the pharmaceutical industry’s overall outlook and market mood. This section goes into industry trends, regulatory developments, and market sentiment, demonstrating how these external factors might impact investor perception of Cipla’s stock.

  • Foreign investors remain net buyers in Indian stocks for second month

    Foreign investors remain net buyers in Indian stocks for second month

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    New Delhi: Foreign portfolio investors (FPIs) have remained net buyers in Indian stock markets for the second straight month after having sold two months on a trot in January and February, latest data from the National Securities Depository (NSDL) revealed.

    FPIs bought assets worth Rs 11,631 crore in Indian stock markets in April, according to NSDL data. In March, they bought assets worth about Rs 7,936 crore in Indian stock markets.

    The recent banking crisis in the US following the collapse of Silicon Valley Bank in early March and the relatively strong economic outlook for India seemed to have made renewed appetite for domestic stocks.

    MS Education Academy

    One of the most prominent lenders in the world of technology startups, Silicon Valley Bank, which had been struggling, collapsed on March 10, after a run on the bank by the depositors. Its closure led to a contagion effect and the subsequent shutting down of other banks.

    In January and February, FPIs sold equities worth Rs 28,852 crore and Rs 5,294 crore, respectively. NSDL data showed. Foreign investors were apparently cautious amid risks from the then volatility in Indian stock markets.

    Barring some exceptions, foreign portfolio investors (FPIs) had been selling equities in the Indian markets for over a year, which started in October 2021 for various reasons.

    Tightening monetary policy in advanced economies including rising demand for dollar-denominated commodities, and strength in the US dollar had then triggered a consistent outflow of funds from Indian markets. Investors typically prefer stable markets in times of high market uncertainty.

    In 2022, foreign portfolio investors sold Rs 121,439 crore worth of stocks in India on a cumulative basis, the historical data available on the NSDL website showed.

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    #Foreign #investors #remain #net #buyers #Indian #stocks #month

    ( With inputs from www.siasat.com )

  • Israel’s economy minister Nir Barkat calls for Indian investors

    Israel’s economy minister Nir Barkat calls for Indian investors

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    New Delhi: Visiting Israeli Minister of Economy Nir Barkat has called for more Indian investors in Israel and mentioned that the acquirement of the strategic Israeli port of Haifa by Adani Group is a “testimony that we trust the Indian business people.”

    “I think it’s a fact that Israel allowed an Indian company to acquire one of the two ports Israel has. It’s a testimony that we trust the Indian business people. We trust the Indian government,” he said in an interview with ANI.

    “I want to welcome more investors to invest in Israel. It’s in the benefit, best interest of both sides, both countries and people and we believe it’s a good investment and we want to make sure that the return on investment is such that more investors from India will come to invest in Israel’s high-tech startup infrastructure. We’d love that,” he added.

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    Last July, Adani in partnership with Israel’s Gadot Group, secured rights to buy 100 per cent shares of Haifa Port Company Ltd. The Port of Haifa is the second largest port in Israel in terms of shipping containers and the biggest in shipping tourist cruise ships.

    Earlier this month, former Ambassador of Israel to India Ron Malka was appointed as Executive Chairman of the Haifa Port owned by Adani Group and its Israeli partner Gadot Group.

    On India’s G20 Presidency, the minister said that G20 is a big accomplishment of India.

    Speaking further about combating the terror challenges together, the minister said terrorism is a global challenge and Israel is working with India to combat the menace. Talking about Iran, the minister said “we will never surrender to terror.”

    “Terrorism is not just an Israeli challenge. It’s a global challenge. We knew, we are working together with India on how to make a better world, how to have better agriculture, food, water, health, and how to use technology to have a better world. But, unfortunately, the terrorists want to wipe Israel off the map. They are working together with Iran and Iran is funding global terrorism in our region,” the minister said.

    “They are funding Hezbollah in Lebanon, Hamas in Gaza and regimes in Syria and other places, and they pose a threat to Israel. And just the other week or two weeks ago, unfortunately, the terrorists killed three members of a family, just because they were Jews. Just for being Jews, they were murdered. Israel has developed a very clear message, we will never surrender to terror and if God forbid the proxies in Lebanon and the Iranian proxies will try to target Israel, we will hit Iran,” he added.

    The Israeli Minister also spoke on how India and Israel share a lot of experience in security and in counterterrorism.

    “Israel has demonstrated that we know how to strike peace with Egypt for 40 years, with Jordan for 25 years now. Thank God, we have the Abraham Accord. And the last thing I would say on this point is that both Israel and India have similar challenges, here in a tough neighbourhood. We are challenged together and that’s why we share a lot of our experience in security and in counterterrorism together on how to become offensive because the best defence is offence and we share that knowledge with our friends here in India,” he said.

    Further speaking on the opportunity of collaboration and India-Israel ties, the Minister said that he was inspired by the collaboration between the Israeli economy and the Indian economy and added that Israelis love Indians and Indians love Israelis.

    On the Free trade agreement, the Minister said that he believes that the big opportunity is in the business world and will check out the opportunity to do a Free Trade Agreement, side-by-side with the business development between the nations adding that he is very optimistic that “we’ll be able to do really good deals together”.

    “It’s about sharing best practices. I just finished the meeting with Minister Piyush, discussing the collaborative work that we need to do together. Each side brings its knowledge and experience, skills to this relationship. Israel brings technology, entrepreneurship, ideas that are usually fresh and new and the scope and the size of India are certainly relevant for us Israelis. Once we know how to solve and create joint ventures together in India and market to a big country like India, then it’s easier to go to the rest of the world,” the Israeli economy minister said.

    Talking about the recent protests in his country, the minister said that he was proud of his democracy and that “we’ll have to sit together and figure out how we make those reforms in a way that is accepted widely by the Israeli public”.

    “I’m proud of our democracy. Like other big democracies in the world, we saw a big dispute in England between Pro Brexit and against Brexit. In the United States, there are challenges between Republicans and Democrats. We’re a real democracy in the fact that people are willing and want to go and demonstrate in the street. They care about our country. And we’ll sort it out. We’ve sorted bigger issues in our lives before. We believe in democracy. We believe that the changes we want to bring are going to improve the democracy. Other people think otherwise, we’ll have to sit together and figure out how we make those reforms in a way that is accepted widely by the Israeli public. You know that there are ups and downs in every country,” the minister said.

    Talking further about the Israel – Palestine conflict, the Minister said that the “Palestinians will have to get to an understanding to recognize Israel and that we have our right to exist” and “when they come up with the real will to do peace, we will strike peace with the Palestinians”.

    On being asked when India can expect other ministers including Netanyahu to visit the country, the minister said that “he is going to recommend friends in the government, that it’s a big opportunity of doing a lot of business in India”.

    “I’ll speak to the foreign minister that I believe will come shortly. And I strongly recommend, Prime Minister Netanyahu to come and pay a visit and see Modi again here in India and hopefully, we could propose some really important progress on the way we do business together in the near future. I am thrilled and excited about the opportunity and I’m going back home, extremely happy and inspired by this trip,” the minister said.

    Expressing his happiness over his India visit, the minister applauded India’s religious tolerance and was happy to see India scaling and growing.

    “It’s a huge opportunity and the love that I received here in India is second to no other place in the world and it’s just wonderful. I also said that the religious tolerance here is something that is very special. The tolerance between people. I was mayor of the city of Jerusalem, which is very tolerant. In one-quarter of a square mile, you have more mosques, synagogues and churches than anywhere in the world and the fact that all of these religions are respected. You can go walk the streets and see practising Muslims, Christians and Jews, practising their religion side-by-side. That reminds me of that kind of tolerance. I’m very happy to see how India is scaling and growing,” he added.

    (Except for the headline, the story has not been edited by Siasat staff and is published from a syndicated feed.)

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    #Israels #economy #minister #Nir #Barkat #calls #Indian #investors

    ( With inputs from www.siasat.com )

  • Sensex opens with losses; investors wait for RBI’s rate hike decision

    Sensex opens with losses; investors wait for RBI’s rate hike decision

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    Mumbai: Domestic key indices of equity markets made marginal losses during the early trading hours on Thursday.

    Investors were in wait-and-watch mode as the outcome of the Reserve Bank of India’s three-day deliberations will be announced by the central bank’s governor in the morning. Global cues seemed weak as central banks across the world remained cautious about the bank crisis.

    BSE’s 50-share Sensex lost 86 points to 59,603.20 while NSE’s Nifty dipped 25 points to 17,532.15 during the morning trade on Thursday.

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    In Asian markets, Hong Kong’s Hang Seng index was down 0.48 per cent, Japan’s Nikkei declined 1.07 per cent, China’s Shanghai dropped 0.28 per cent and S&P ASX dipped 0.26 per cent on Thursday’s morning.

    In American markets, Nasdaq 100 dropped 1.01 per cent, S&P declined 0.25 per cent and Dow Jones gained 0.24 per cent.

    In European markets, Deutsche Borse dipped 0.53 per cent, FTSE 100 gained 0.37 per cent, and Amsterdam Exchange was trading in the positive territory, as Asian markets opened on Thursday morning.

    The Reserve Bank of India (RBI) started its monetary policy meeting on April 3, 2023. The outcome of the meeting will be announced today at 10 am by Governor Shaktikanta Das. All stakeholders and investors would be watching the outcome keenly which might influence how they buy or sell their stocks in these few days. The RBI’s monetary policy committee (MPC) is widely expected to hike the repo rate by 25 basis points (bps) in order to combat rising inflation.

    On Wednesday, key equity benchmarks extended their rising streak for a fourth straight session. Sensex jumped 582.87 points or 0.99 per cent to 59,689.31. The Nifty of NSE rose 159 points or 0.91 per cent to 17,557.05. Both the indices have climbed 3.6 per cent in four sessions.

    In the broader market, the S&P BSE Mid-Cap index added 0.11 per cent while the S&P BSE Small-Cap index gained 0.95 per cent.

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    #Sensex #opens #losses #investors #wait #RBIs #rate #hike #decision

    ( With inputs from www.siasat.com )

  • Foreign investors turn net buyers in Indian stocks

    Foreign investors turn net buyers in Indian stocks

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    New Delhi: Foreign portfolio investors (FPIs) have turned net buyers in Indian stock markets after having sold two months on a trot in January and February – data from the National Securities Depository (NSDL) revealed.

    FPIs have bought assets worth about Rs 7,936 crore in Indian stock markets in March 2023, according to NSDL data.

    The banking crisis in the US that emanated after the collapse of Silicon Valley Bank in early March seemed to have made renewed appetite for Indian stocks.

    MS Education Academy

    One of the most prominent lenders in the world of technology startups, Silicon Valley Bank, which was struggling, collapsed on March 10, after a run on the bank by the depositors. After the run on the bank, local regulators closed down the tech lender and put it under the control of the US Federal Deposit Insurance Corporation (FDIC). In latest, First Citizens Bank agreed to acquire all of its deposits and loans.

    In January and February, FPIs sold equities worth Rs 28,852 crore and Rs 5,294 crore, respectively. NSDL data showed. Foreign investors were apparently cautious amid risks from the then volatility in Indian stock markets.

    “The sustained selling by FPIs appears to be over since they have turned buyers in the last few days. The near-term outlook for FPI looks much more positive now. Even though Indian valuation continues to be relatively high, the recent market correction has made valuations a bit more reasonable than earlier,” said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    Barring some exceptions, foreign portfolio investors (FPIs) had been selling equities in the Indian markets for over a year, which started in October 2021 for various reasons.

    Tightening monetary policy in advanced economies including rising demand for dollar-denominated commodities, and strength in the US dollar had triggered a consistent outflow of funds from Indian markets. Investors typically prefer stable markets in times of high market uncertainty.

    In 2022, foreign portfolio investors sold Rs 121,439 crore worth of stocks in India on a cumulative basis, the data on the NSDL website showed.

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    #Foreign #investors #turn #net #buyers #Indian #stocks

    ( With inputs from www.siasat.com )

  • 12 startups from IIIT Hyderabad catch investors’ eye at Demo Day

    12 startups from IIIT Hyderabad catch investors’ eye at Demo Day

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    Hyderabad: IIIT Hyderabad organized its semi-annual Demo Day this week to mark the opening of the year. 12 startups from various programs pitched to over 50+ investors that were invited to the demo day.

    All 12 startups have interest from investors and conversations are on.

    The startups originated across various solution realms, such as IOT-AI for Industrial automation, CV-based game data analysis, AR-VR-based virtual meeting platforms, and surveying, a press note informed.

    All 12 startups are reportedly in conversations with the investors to take things forward.

    “Research Translation and research-backed startups are one of the core focuses of CIE’s accelerators given IIITH’s rich experience in deep technology research innovations. It’s good to see more than 50 investors joining our demo day and are interested in such deep tech innovation,” said Prof Ramesh Loganathan, chief operating officer of CIE-IIITH

    CIE is a 14-year-old incubator that has supported over 400 startups and has seed funded 25 startups. CIE-IIITH is focusing on turning a new leaf in terms of infrastructure facilities, programmes and startup engagements aiming to build a deep tech startup ecosystem.

    Accelerator programs in CIE-IIITH offer up to 40L seed funding, and technology help through research labs of IIITH, along with strategy and GTM advisory leading up to initial customer traction.

    CIE supported about 27 cohorts of Accelerators programs. Demo day is an event where the start-ups from Accelerator Programs are showcased.

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    #startups #IIIT #Hyderabad #catch #investors #eye #Demo #Day

    ( With inputs from www.siasat.com )

  • If BJP keeps bullying media, investors won’t come to India: Akhilesh

    If BJP keeps bullying media, investors won’t come to India: Akhilesh

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    Lucknow: Samajwadi Party chief Akhilesh Yadav on Tuesday said foreign investors will not come to India as the BJP government’s ‘bulldozer policy’ and the recent I-T “raids” at the BBC offices have dented the country’s image abroad.

    Talking to reporters after attending an assembly session here, Yadav, referring to the recently concluded Investors Summit in Uttar Pradesh, said the ruling BJP was selling dreams to people.

    The pictures of the authorities bulldozing the houses of poor people have been seen by the world. If the BJP raids an institution like the BBC and intimidates the media, do you expect people from around the world to invest in the country, Yadav said.

    The BJP is just selling dreams to the people that investments worth Rs 40 lakh crore will come to Uttar Pradesh, he said while referring to the Investors Summit.

    “Investors came and went after taking a round of the Investors Summit. The government will not tell you that no one stayed at the tent city built by spending thousands of crores of rupees for the investors to stay. You (media) find out how many investors stayed in them. All were empty,” Yadav claimed.

    Bulldozers used for demolishing illegal buildings have been in hot discussion in the state, inviting the sobriquet of “bulldozer Baba” for Chief Minister Yogi Adityanath.

    A 45-year-old woman and her 20-year-old daughter died after they immolated themselves during an anti-encroachment drive in a village in Kanpur Dehat district of Uttar Pradesh.

    Referring to the death of Apna Dal-Sonelal’s MLA Rahul Prakash Kol due to cancer, the former chief minister said, “Today, so many people are dying due to cancer, but you (BJP) will not build a cancer institute, you will not build a hospital.”

    “You (BJP) are the people of the government who want to build your own temple,” he said without elaborating which temple he was talking about.

    On the presentation of the budget for 2023-24 in the state assembly on Wednesday, the SP president said, “Six budgets of this government have come so far. What did anyone get? No one got anything… the income of the farmers did not get doubled.”

    “Unemployment and inflation are at their peak. The increase in the price of diesel and petrol has resulted in an increase in prices of vegetables and food items,” he claimed.

    Describing the manhandling of mediapersons by security personnel during a protest by SP members in the Vidhan Bhavan premises on Monday as “unfortunate”, Yadav said action should be taken against the guilty.

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    #BJP #bullying #media #investors #wont #India #Akhilesh

    ( With inputs from www.siasat.com )

  • Andhra rolls out red carpet to investors

    Andhra rolls out red carpet to investors

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    Mumbai: Andhra Pradesh, which has been topping the ease of doing business index for the last four consecutive years, has assured prospective investors the fastest single-window clearances, usable coastlines, multiple seaports, quality power supply, abundant land bank, and modern infrastructure.

    Addressing an investor roadshow on Monday ahead of the global investor summit slated for March 3-4 in Visakhapatnam, state industries & commerce minister Gudivada Amarnath rolled out the red carpet to India Inc if they are ready to invest in his state.

    The state is home to a diversified portfolio of industries such as automobiles, chemicals, aerospace, defence, pharma, textiles etc), and world-class infrastructure in seaports roads, startups and tourism.

    On top of it, he said the state, which has the second largest coastline of over 974 km has two major ports and over 40 minor ports, and also boasts of the highest per capita income of USD 3,800 in the country in FY22.

    As many as 89 large projects are under active implementation with a total investment of Rs 2.2 lakh crore, with the potential to create 20,000 jobs, he added.

    When it comes to project clearance, he said Andhra has been the champion state in ease of doing business for the past consecutive four years.

    The state has over 48,000 acres of industrial land banks and is home to 530 industrial estates, 293 industrial parks, 31 MSME parks, six special economic zones, three information technology SEZs, and three of the 11 industrial corridors. All this makes Andhra a competitive investment destination on the East Coast, he said.

    State finance minister Buggana Rajendranath Reddy said the state is taking big strides as evident from its economic growth at 11.43 per cent GSDP growth in FY22, the state had the highest growth rate all major states. In the past three years, its exports have increased growing 9.3 per cent annually.

    Over the past few years, our government has undertaken several reform initiatives to strengthen governance, business environment, policy stability, competitiveness, enhance transparency, to boost the investment climate, said Rajendranath.

    Urban development minister Audimulapu Suresh said Visakhapatnam, which is the biggest urban agglomeration of the state with 20 million residents or 5.8 million households.

    This vibrant coastal city is a hub for industrial, educational, and tourist activities attracting investments from public and private companies that include oil refinery, zinc, fertilizers, steel, dredging, heavy engineering, ship-building and power generation, he said.

    None of the ministers offered any investment targets from the forthcoming summit, though.

    Various states have been holding global investor summits and claiming to have sewed up investments worth billions of dollars. At the recently held one such summit in Lucknow, the UP administration has claimed to inked investment MoUs worth over Rs 33.5 lakh crore, while Karnataka’s held in November had claimed close to Rs 10 lakh crore of investment commitments.

    Maharashtra and Gujarat, which lead in industrialisation and foreign direct investments, have not held their summits since the pandemic. Many analysts say vast majority of such MoUs die naturally as the average conversion of such commitments into actual investments are only in high single-digit across the states.

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    #Andhra #rolls #red #carpet #investors

    ( With inputs from www.siasat.com )

  • Adani Group employees to use public toilet to restore confidence in investors that they are eating well

    Adani Group employees to use public toilet to restore confidence in investors that they are eating well

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    The Adani Group has shed over $108 billion in market value since Hindenburg Research accused the company of stock manipulation and accounting fraud in a Jan. 24 report. Investors are losing confidence in Adani Group and retails investors are now into panic selling mode.

     

    However, Adani is taking steps to restore confidence among the investors and in one such attempt, Adani has asked Adani Group employees to take dump at public toilets to show the investors and public that the employees are being fed well.  Adani wants to show that he still has enough assets and cash to repay all his debts.

     

    Soon after a picture of Adani group employees taking dump at a public toilet went viral on social media, the Adani share price witnesses a rise. Experts have suggested Adani to wear Rs 80,000 sneakers in Public and use atleast iPhone 14 (if not pro or pro max).

     

    Adani himself has started drinking black water, which is one of the costliest packaged drinking water. Apart from Adani only Kohli drinks black water. These are only a few steps that Adani Group is taking to restore confidence in investors.

     

     

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    #Adani #Group #employees #public #toilet #restore #confidence #investors #eating

    [ Disclaimer: With inputs from The Fauxy, an entertainment portal. The content is purely for entertainment purpose and readers are advised not to confuse the articles as genuine and true, these Articles are Fictitious meant only for entertainment purposes. ]

  • Gautam Adani addresses investors after calling off Rs 20K cr FPO

    Gautam Adani addresses investors after calling off Rs 20K cr FPO

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    New Delhi: A day after deciding not to go-ahead with the fully subscribed Follow-on Public Offer (FPO), Adani Enterprises Ltd chairman Gautam Adani on Thursday said it would not be “morally correct” to go ahead with the Rs 20,000-crore share in the current market condition.

    “After a fully subscribed FPO, yesterday’s decision of its withdrawal would have surprised many. But considering the volatility of the market seen yesterday, the board strongly felt that it would not be morally correct to proceed with the FPO,” Adani said in his address to investors after withdrawal of the fully subscribed FPO.

    Adani said in his humble journey of over four decades as an entrepreneur, “I have been blessed to receive overwhelming support from all stakeholders, particularly the investor community. It is important for me to confess that whatever little I have achieved in life is due to the faith and trust reposed by them. I owe all my success to them.”

    “For me, the interest of my investors is paramount and everything is secondary. Hence to insulate the investors from potential losses we have withdrawn the FPO,” he said.

    This decision, he said “will not have any impact on our existing operations and future plans. We will continue to focus on timely execution and delivery of projects.”

    “The fundamentals of our company are strong. Our balance sheet is healthy and assets, robust. Our EBIDTA levels and cash flows have been very strong and we have an impeccable track record of fulfilling our debt obligations. We will continue to focus on long term value creation and growth will be managed by internal accruals,” Adani said.

    “Once the market stabilizes, we will review our capital market strategy,” he said.

    “We have a strong focus on ESG and every business of ours will continue to create value in a responsible way. The strongest validation of our governance principles, comes from several international partnerships we have built across our different entities,” Adani said.

    “I take this opportunity to thank our investment bankers, institutional investors and shareholders from within and outside the country for giving unflinching support to the FPO.”

    Thanking investors, he said, “Despite the volatility in the stock over the last week your faith and belief in the company, its business and its management has been extremely reassuring and humbling.”

    Shares of Adani Enterprises nosedived sharply on Wednesday, a day after its follow-on public offer closed for the subscription. The shares of Adani Group flagship company closed at Rs 2,179.75 with a sharp decline of 26.70 per cent. Its intraday low was Rs 1,941.2, over 30 per cent lower than Tuesday’s settlement price. On Tuesday, the last day for subscription, the follow-on public offer (FPO) issued by Adani Enterprises was fully subscribed.

    A follow-on public offering (FPO) is the issuance of shares to investors by a company listed on a stock exchange after its initial public offerings.

    Data showed the demand for the FPO was led by non-institutional investors, and they subscribed to the shares 3.26 times. The portion for institutional investors was also oversubscribed.

    On Monday, an Abu Dhabi-based diversified conglomerate International Holding Company announced that it will invest about USD 400 million (AED 1.4 billion) into the Adani Enterprises’ follow-on public offer (FPO) through its subsidiary Green Transmission Investment Holding RSC Limited.

    Adani Enterprises had filed a red herring prospectus with the markets regulator Securities and Exchange Board of India (SEBI) for the Rs 20,000 crore follow-on public offer (FPO), the largest ever in India. There were concerns that the FPO may not receive a strong response from investors amid a report by a US-based Hindenburg Research that surfaced on January 24, which claimed the Adani Group of having weak business fundamentals among others.

    The US-based firm, in its report, raised concerns about shares of Adani group companies having a possibility of declining from their current levels, owing to high valuations. In response, Adani Group on Sunday said the recent report by Hindenburg Research was not an attack on any specific company but a “calculated attack” on India, its growth story, and ambitions. It added the report was “nothing but a lie”.

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    #Gautam #Adani #addresses #investors #calling #20K #FPO

    ( With inputs from www.siasat.com )