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......

Market sees sunshine as GAAR clouds disappear

The festive season could come early for the markets, as experts say the Parthasarathi Shome committee report on General Anti-Avoidance Rules (GAAR) is just what the doctor ordered for boosting......

Reliance rejigs holding pattern to save on tax

Reliance Industries Ltd has undertaken a significant restructuring of promoter holdings, under which a significant chunk of shares have been transferred to a limited liability partnership. Experts......

Shareholding rule: MNCs exiting Indian bourses

Multinational companies have started pressing the exit button from Indian stock exchanges following the new norm mandating 25 per cent public shareholding in listed companies. In the past 15 days,......