Hindenburg’s allegations are nothing more than red herrings, the Adani Group said. (File photo) 2 minutes reading time Last update: August 11, 2024 | 12:42 pm IS Adani Group has denied fresh allegations made by a US-based short seller, calling them a “red herring”. In a statement to the stock exchanges on Sunday, an Adani … Read more
CVC Capital Partners has emerged as the successful bidder for Aavas Financiers, formerly known as AU Housing Finance, on August 10. The formal announcement came on Saturday evening, when CVC outbid rival EQT, according to a stock exchange filing. The deal marks a significant milestone for current promoters Kedaara Capital and Partners Group, who are … Read more
On Friday, Aavas was valued at Rs 13,020 crore and its shares closed at Rs 1,645 per share. (Representative) 2 minutes reading time Last update: August 11, 2024 | 10:18 am IS Private equity firm CVC Capital Partners has made an open offer for housing finance firm Aavas Financiers to acquire an additional 26 per … Read more
Kanco Tea & Industries Q1 Results Live: Kanco Tea & Industries announced its Q1 results on August 9, 2024, revealing a significant decline in performance. The company’s revenue declined 42.64% year-on-year (YoY), while profits plummeted 56.25% YoY. Despite the year-on-year decline, the company’s performance improved significantly compared to the previous quarter. Revenue grew by an … Read more
Uni Abex Alloy Products Q1 Results Live: Uni Abex Alloy Products announced its Q1 results on August 8, 2024, revealing a mixed financial performance. The company’s top line saw a 5.93% year-over-year (YoY) decline, while profit declined 15.47% YoY. Despite these year-over-year declines, the results showed a significant recovery compared to the previous quarter, with … Read more
FERGUSON, Mo. (AP) — A police officer in Ferguson, Missouri, was seriously injured outside the city’s police station during protests July 10. anniversary of the fatal shooting of Michael Brown, a pivotal moment in the national Black Lives Matter movement, police said Saturday. Ferguson Police Chief Troy Doyle said Officer Travis Brown suffered a serious … Read more
This expansion is in line with Kai India’s ‘Make in India’ initiative, which strengthens local manufacturing and meets the growing demand from local and international markets. | Credit: Company Website 2 minutes reading time Last update: August 10, 2024 | 11:01 PM IS Kai Group, a Japan-based maker of personal care products and kitchen equipment, … Read more
Hindenburg-Adani case LIVE updates: In its latest report, the US-based short-seller has alleged that SEBI Chairman Madhabi Puri Buch held stakes in shadowy offshore entities used in the Adani “money siphoning scandal.” On Saturday, Hindenburg Research had published a cryptic message hinting at a possible new India-focused report. “The current SEBI chairperson and her husband, … Read more
JPL’s total revenue, which includes other income, declined 1.88 percent year-on-year to Rs 467.23 crore. | Image: Company website 1 minute read Last update: August 10, 2024 | 20:45 IS Jagran Prakashan Ltd, the publisher of Hindi daily Dainik Jagran, on Saturday reported a 6.51 per cent decline in its consolidated net profit at Rs … Read more
Profitability is supported by improved gross margins and operational efficiency: Aurobindo Pharma VCMD | Photo: Company website 1 minute read Last update: August 10, 2024 | 20:25 IS Aurobindo Pharma on Saturday said its consolidated net profit rose 61 per cent year-on-year to Rs 919 crore in the first quarter ended June 2024, helped by … Read more
