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Adani’s resurgence: A $5-7 bn war chest for cement, ports, defence acquisitions

The three-decade-old Adani group is building up massive funds to fuel its most aggressive growth strategy ever as it rebounds from the effects of the Hindenburg allegations with ambitions to become India’s No.1 player in critical sectors such as cement and defence.

6 min read

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Shares to buy or sell: Rajesh Palviya suggests 3 stocks to buy today - Sept 20

Shares to buy or sell: Rajesh Palviya has recommended to buy, hold, and accumulate Oberoi Realty Ltd, Kotak Mahindra Bank Ltd, and Max Healthcare Institute Ltd.

3 min read10:00 AM IST

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Trapped in bureaucracy: The ordeal of recovering unclaimed shares in India

Navigating the maze of India’s Investor Education and Protection Fund often turns recovering unclaimed shares into a bureaucratic nightmare. Despite reforms, many investors remain trapped in outdated processes, while a lack of awareness leaves others unaware of their lost assets.

9 min read09:00 AM IST

Infosys to enter space tech with investment in GalaxEye

Infosys is strategically moving into the space tech sector with an investment in GalaxEye Space Solutions. GalaxEye, incubated at IIT Madras and headquartered in Bengaluru, is at the forefront of developing multi-sensor satellites and synchronization platforms.

2 min read09:03 AM IST

Chip testing incentives may significantly fall as India chases bigger ambitions

With at least five OSAT projects already in works, senior officials state that fiscal support for low-value chip testing plants could be reduced to 20-30%, down from the 50% incentive that the Centre currently offers.

6 min read07:00 AM IST

A fear of dissent haunts the Federal Reserve

The FOMC too often speaks with one voice, an oddity in its history and for central banks globally.

4 min read09:22 AM IST
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Elon Musk, Adani, Jensen Huang to Be Among the First Trillionaires in the World

Tesla founder and tech billionaire Elon Musk should become the world’s first trillionaire by 2027, a report by Informa Connect Academy said. According to the Bloomberg Billionaires Index, Tesla’s founder is currently the world’s richest person, with a net worth of $237 billion. India’s Gautam Adani is most likely to become the second after Musk to achieve trillionaire status in 2028, following his annual wealth growth rate of 123%. Watch!

19 Sep 2024
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After US Fed move, RBI may cut rates but only in February 2025: SBI Research

A report by SBI Research suggested that a rate cut could happen in February 2025 due to declining inflation and positive monsoon activity. While inflation spikes are anticipated in September and October, CPI inflation will largely remain below or near 5 per cent in the coming months.

2 min read09:42 AM IST

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Haryana News: ‘BJP rewards only wives of MLAs,’ says disgruntled leader

Haryana News: The BJP’s issues in Haryana continue as women wing leader Gayatri Devi resigned, criticising ticket distribution to ’turncoats.’ Party president JP Nadda unveiled a manifesto of 20 promises amid claims that the party prioritises industrialists over grassroots leaders.

2 min read08:40 AM IST

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BSA Gold Star: A roadster that offers the pleasure of motorcycling

The new retro-styled BSA Gold Star, which pays a tribute to the original 1950s version, is a fun ride that scores high on looks

5 min read09:00 AM IST

IPL 2025 auction likely to take place overseas in last week of November: Report

The IPL auction took place in Dubai in 2024, but sources claim it may take place in another Gulf city, Doha or Abu Dhabi. However, the venue has not been clarified yet.

2 min read19 Sep 2024

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ITD Cementation soars 15% on reports of Adani Group’s bid for promoter stake

ITD Cementation India’s shares surged over 15% amid reports that the Adani Group is poised to acquire a 46.64% stake, potentially valued at ₹5,888.57 crore. The stock has increased by 189% from its 52-week low, showcasing strong financial growth and robust year-to-date performance.

2 min read09:52 AM IST

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