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[ad_1] The investments made in the Adani group companies by state-run insurance giant Life Insurance Corporation of India (LIC) have turned negative as of closing on February 23, according to data analysed from stakes held by the insurance company as per the December shareholding pattern made available on the exchanges. If some Adani stocks do…
[ad_1] New Delhi: The Congress on Saturday asked the government whether instructions were issued to LIC and SBI to invest in the Adani Enterprises FPO despite a drastic fall in its share price after a Hindenburg report on the conglomerate. Posing a set of three questions to the government as part of the party’s “Hum…
[ad_1] The Adani Group’s stocks have been in the news lately, with its chairman and founder Gautam Adani’s net worth experiencing a huge dip ever since the release of the Hindenburg report. The stocks have been bleeding, and Adani’s net worth has reached near two-year low of USD 50.2 billion, down from USD 119 billion…
[ad_1] India’s richest person, Reliance Industries Limited (RIL) chairman Mukesh Ambani once again entered the world’s top 10 billionaires’ list as his net worth rises today. On the other hand, Gautam Adani whose companies’ stocks are trading in the red for the past few days lost USD 1.7 billion today. While RIL stock price rose…
[ad_1] Gautam Adani, founder, and chairman of Adani Group who is witnessing dip in his net worth ever since the release of the Hindenburg report has lost over USD 66 billion in just 22 days as his firms’ stocks continue to trade in red today. Today, he lost USD 3.40 billion as all most all…
[ad_1] Rapper MC Stan was declared the winner of the popular reality TV show Bigg Boss season 16 on Sunday, beating his friend Shiv Thakare. Show host Salman Khan presented the trophy, prize money of over ₹ 31 lakh and a car to Stan. Upon asking what he will do with the prize money, MC…
[ad_1] Gautam Adani who recently lost a spot in the world’s top 20 billionaires list saw a dip in his net worth by USD 2.4 billion today as his group companies’ stocks continue to bleed. In today’s early trade, stocks of all Adani Group companies were trading in red due to huge sell-offs. The sell-offs…
[ad_1] New Delhi: Shares of Adani Group firms slumped on Wednesday and have lost more than Rs 7 lakh crore of their combined market capitalisation in the last five trading sessions amid concerns over US-based short seller Hindenburg Research’s report. The decline is about 38 percent compared to the market valuation at the end of…
[ad_1] Islamabad: The Petroleum Division has warned the State Bank of Pakistan (SBP) that the stocks of petroleum products may dry up as banks are refusing to open and confirm Letters of Credit (LCs) for imports. Like other sectors, the oil industry in Pakistan is facing hurdles to opening LCs owing to the US dollar…