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Mahayuti Win Will Boost Adani's Dharavi Plan

 The Opposition had promised to scrap the Dharavi redevelopment project if it came to power.With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to......

US Accuses Adani Of Bribing Officials

 Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay $265 million (about Rs 2,200 crore/Rs 22 billion) bribes to Indian officials in exchange of......

Maharashtra power companies' employees go on 72-hour strike

 Thousands of employees of three state-owned power companies went on a 72-hour strike on Wednesday to protest against the privatisation of power firms even as the government invoked the Maharashtra......

Maha says no move to privatise power firms, employees call off strike

 Employees of three state-owned power companies in Maharashtra called off their strike on Wednesday evening, hours after they stopped work as part of a three-day agitation launched in support of......

Has navy inducted INS Khanderi with several defects?

 There were 35 defects that still remained to be resolved.Of these, 29 could not have been resolved during the monsoon since they required testing in absolutely calm seas. Nor is the Khanderi being......

JP Morgan gives 'overweight' rating to four Adani bonds

 US investment banker JP Morgan has given 'overweight' rating on four Adani group bonds, comforted by ability to scale and grow using internal cash flows which reduces the scope for credit stress.......

Rating agencies Moody's, Fitch cut outlook on Adani firms

 Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others......

Reliance Infra cuts standalone debt by 87%; shares surge 20%

 Anil Ambani's Reliance Infrastructure Ltd has slashed its standalone debt by 87 per cent to Rs 475 crore after it cleared outstanding dues of Life Insurance Corporation of India, ICICI Bank and......

Events that shaped Indian businesses in 2024

 Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in......

Adani Group touts 'very healthy' balance sheet to calm investors

 Billionaire Gautam Adani's embattled conglomerate said its balance sheet is "very healthy" and is laser focused on continuing business momentum, as it looked to reassure investors to keep faith in......

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