Adani Group net profit up 107% in first half of FY24 but sales slow down

The net profit of the listed Adani group companies more than doubled year-on-year (Y-o-Y) in the first half of 2023-24 (H1FY24), even as their revenue declined in this period. Photograph: PTI......

Sula Vineyards: Should you subscribe to India's largest wine seller's IPO?

The initial public offer (IPO) of India’s largest wine producer and seller Sula Vineyards (Sula)  has opened for subscription and will close on Wednesday, December 14. Photograph: Kind......

India Inc's encouraging report card in the June quarter

India Inc has an impressive report card to show for the first quarter of this financial year. According to data compiled by CARE Ratings, 1,204 companies registered growth of 33.4 per cent at Rs......

Will COVID-19 surge hit MFs?

Stocks mutual funds had invested in had risen almost to pre-pandemic levels in March.Sachin P Mampatta and Chirag Madia report. Illustration: Dominic Xavier/Rediff.com Mutual funds invested in......