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India Could Strengthen Role in AI and Semiconductors Amid Potential Trump Return: Motilal Oswal Report

India Could Strengthen Role in AI and Semiconductors Amid Potential Trump Return: Motilal Oswal Report

22 Nov 2024 14:22 PM IST

India has the potential to enhance its position in global supply chains, particularly in artificial intelligence (AI) and semiconductors, amid shifts in U.S. trade policies that may follow Donald Trump’s potential return to power, according to a report by Motilal Oswal. Opportunities in AI and Semiconductors The report highlights that
Sensex Surges Over 1,000 Points as Adani Group Stocks Stage Sharp Recovery

Sensex Surges Over 1,000 Points as Adani Group Stocks Stage Sharp Recovery

22 Nov 2024 13:48 PM IST

The domestic stock market saw a robust rally on Friday, with benchmark indices surging during intraday trade. The recovery was driven by gains in Adani Group shares and positive sentiment across key sectors. By 12:42 PM, the S&P BSE Sensex jumped 1,034.76 points to reach 78,190.55, while the NSE Nifty50
Shock Layoffs At Ola Electric: 500 Employees Cut As Company Struggles With Losses

Shock Layoffs At Ola Electric: 500 Employees Cut As Company Struggles With Losses

22 Nov 2024 13:17 PM IST

Ola Electric, the Bhavish Aggarwal-led electric vehicle (EV) company, is planning to lay off at least 500 employees as part of a major restructuring initiative aimed at improving operational efficiency. This move comes in the wake of a series of challenges, including mounting financial losses, a government investigation, and intense
Adani Group Bonds Slide for Second Day Amid US Bribery Indictment

Adani Group Bonds Slide for Second Day Amid US Bribery Indictment

22 Nov 2024 10:40 AM IST

Adani Group bonds faced continued pressure for a second consecutive session on Friday, November 22, 2024, following the indictment of Chairman Gautam Adani by US prosecutors in connection with an alleged $265 million bribery scheme, as reported by Reuters. Adani Ports and Special Economic Zone bonds maturing in 2027 traded
Sagar Adani Charged in US Bribery and Fraud Case: Who is He?

Sagar Adani Charged in US Bribery and Fraud Case: Who is He?

22 Nov 2024 10:38 AM IST

Sagar Adani, the nephew of Indian billionaire Gautam Adani, is one of seven defendants charged in a U.S. indictment related to an alleged bribery and fraud scheme. The charges are connected to a renewable energy project in India, where Adani and others are accused of paying bribes to secure contracts.
Stock Market Updates: Sensex Gains 300 Points to Hit 77,450; Nifty Climbs to 23,450

Stock Market Updates: Sensex Gains 300 Points to Hit 77,450; Nifty Climbs to 23,450

22 Nov 2024 10:26 AM IST

Indian equity markets opened higher on Friday, supported by positive global cues. The BSE Sensex surged by 169 points (0.22%) to reach 77,325 at the opening bell, while the Nifty 50 advanced by 40 points (0.17%) to 23,390. As trading progressed, the Sensex extended gains, climbing over 300 points to
Adani Stocks Plummet 20% Amid Bribery Charges

Adani Stocks Plummet 20% Amid Bribery Charges

21 Nov 2024 22:04 PM IST

Adani stocks plummeted sharply after US prosecutors indicted Gautam Adani and seven executives in a $250 million bribery case.
Adani Green Scraps $600M Bond Plans

Adani Green Scraps $600M Bond Plans

21 Nov 2024 21:59 PM IST

In light of these developments, our subsidiaries have presently decided not to proceed with the proposed USD denominated bond offerings.
Hyundai Motor India to Set Up Renewable Energy Plants in TN, Targets 100% Renewable Energy by 2025

Hyundai Motor India to Set Up Renewable Energy Plants in TN, Targets 100% Renewable Energy by 2025

21 Nov 2024 20:03 PM IST

Hyundai Motor India Limited (HMIL) has unveiled plans to establish two renewable energy plants in Tamil Nadu as part of its commitment to achieving the RE100 target by 2025. This ambitious initiative aligns with the global RE100 campaign, which encourages companies to transition to 100% renewable electricity. New Solar and
Indian Fisheries Sector Contributes 8% to Global Output; Fish Production Doubles Since 2014

Indian Fisheries Sector Contributes 8% to Global Output; Fish Production Doubles Since 2014

21 Nov 2024 19:57 PM IST

India has emerged as the second-largest fish producer globally, contributing 8% to global output, Union Minister for Fisheries, Animal Husbandry, and Dairying Rajeev Ranjan Singh said on Thursday. Speaking at an event organized by the Department of Fisheries on World Fisheries Day 2024, Singh highlighted India’s leadership in aquaculture, shrimp
Adani Group Denies US ‘Bribery’ Allegations Against Gautam Adani As ‘Baseless’

Adani Group Denies US ‘Bribery’ Allegations Against Gautam Adani As ‘Baseless’

21 Nov 2024 17:38 PM IST

The Adani Group dismissed the accusations made by US prosecutors, claiming that Gautam Adani had paid over $250 million in bribes to Indian officials for favorable government contracts. Adani Group’s Statement On Thursday, the Adani Group strongly rejected the charges, calling them “baseless” and denying the allegations made by the
Zomato’s Rs 20 Lakh Job Without One Year Pay Offer Gets 10,000 Applications

Zomato’s Rs 20 Lakh Job Without One Year Pay Offer Gets 10,000 Applications

21 Nov 2024 17:30 PM IST

The position specifically seeks candidates with 'hunger' and 'empathy,' rather than extensive experience, focusing on attracting eager learners.
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Trump Pledges to Establish Two-Gender Policy as Official U.S. Government Stance

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