The Adani Group's total global tax and other contributions to the exchequer amounted to Rs 58,104.4 crore for the financial year 2023-24, showcasing a significant increase from the previous year's Rs 46,610.2 crore through its portfolio of listed entities, the company said on Sunday.
Category: Corporate
Reliance Consumer Products partners with Assam’s established business house, Jericho, to set up a cutting-edge bottling facility
Reliance Consumer Products Ltd (RCPL), a leading FMCG and beverage company, has strengthened the presence of Campa’s portfolio in Northeast India with the inauguration of a new bottling plant in Guwahati, Assam. Developed in collaboration with local partner Jericho,
India poised to stay world’s fastest growing economy in 2025-26: RBI bulletin
High frequency indicators point towards a sequential pick-up in momentum of India's economic activity during the second half of 2024-25, which is likely to sustain moving forward, according to the latest RBI monthly bulletin.
Adani Portfolio clocks highest ever TTM EBITDA of Rs 86,789 crore, core infra biz surges
Led by its core infrastructure business, the Adani Portfolio has delivered the highest-ever trailing-twelve-month (TTM) EBITDA of Rs 86,789 crore, the Adani Group said on Thursday.
India doing well on protecting small investors, corporate governance improved significantly: NSE CEO
India is doing well in protecting small investors while corporate governance has improved significantly amid rapid technological changes, National Stock Exchange (NSE) MD and CEO, Ashishkumar Chauhan, said on Tuesday.
Tesla ramps up hiring in India after Elon Musk-PM Modi meet in US
After the successful visit of Prime Minister Narendra Modi to the US, Elon Musk-run Tesla has ramped up hiring in India, a market where it is slated to enter anytime soon.
Indian stock market opens lower, Nifty below 22,850
The Indian benchmark indices opened lower on Monday amid mixed global cues as selling was seen in auto, IT and PSU bank sectors in the early trade, as the upcoming reciprocal trade tariffs announced by the US government stayed on top of the investors’ mind.
Overall industry sentiment after PM Modi's US visit is of confidence and enthusiasm: CII
The overall sentiment following Prime Minister Narendra Modi's US visit is of confidence and enthusiasm – a belief that a new era of India - US collaboration is underway, which will drive growth, innovation, and prosperity in the years ahead, the Confederation of Indian Industry (CII) said on Saturday.
Stock market hinges on global trade developments, time to focus on strong businesses
Nifty and Sensex faced resistance at higher levels this week, leading to profit booking, as global macro uncertainties and mixed earnings kept investors wary. Going forward, market direction will hinge on global trade developments, earnings outcomes and sectoral momentum, say experts.
BSNL bounces back into profit for first time since 2007
State-owned telecom major Bharat Sanchar Nigam Limited (BSNL) on Friday reported a profit of Rs 262 crore in the third quarter of the current financial year, marking its first return to profitability since 2007.
PM Modi’s visit a landmark event in boosting India-US trade ties: Apex chambers
Apex business chamber Assocham and the Federation of Indian Export Organisations (FIEO) on Friday hailed Prime Minister Narendra Modi’s visit to the US as a landmark event in strengthening India-US trade and investment relations.
Stock market trades lower as Trump threatens new tariff on all steel, aluminium imports
The domestic benchmark indices opened lower on Monday as US President Donald Trump threatened to start imposing a new 25 per cent tariff on all steel and aluminium imports, including those from Canada and Mexico.
SBI posts robust 84 pc surge in net profit at Rs 16,891 crore in Q3
India's largest public sector lender, the State Bank of India (SBI) on Thursday reported an impressive 84.32 per cent surge in net profit (year-on-year) at Rs 16,891 crore for the October-December quarter (Q3 FY25), from Rs 9,164 crore in the year-ago period.
Sensex closes lower as smallcaps shine; investors eye RBI MPC meet, Delhi poll results
The Indian stock market on Wednesday closed lower after a volatile trading session as investors remained cautious amid global uncertainties.
Indian stock market opens higher as US delays tariff hikes on Canada, Mexico
The NSE Nifty 50 and BSE Sensex snapped two-day fall on Tuesday after the US delayed tariff hikes on Canada and Mexico by a month.
Sensex, Nifty in green as mid, smallcaps gain ahead of Union Budget 2025
Domestic benchmark indices saw a bull rally early on Saturday, ahead of the much-anticipated Union Budget 2025-26, while continuing their rise for another trading session this week.
Sensex, Nifty surge as markets cheer Economic Survey ahead of Budget
The Indian stock market on Friday continued its rise for the fourth straight day as Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-25 in Parliament ahead of the Union Budget 2025-26.
Stock market opens higher ahead of Eco Survey, Union Budget
As the nation gears up for the Economic Survey and the Union Budget 2025-26, the domestic benchmark indices on Friday opened higher. Optimism was seen in the air as investors looked for potential catalysts in the upcoming Budget.
Elon Musk, Sam Altman fight over Stargate on social media
The xAI owner Elon Musk and OpenAI CEO Sam Altman are fighting on X about Stargate, the enormous infrastructure project to build data centres for OpenAI across the US.
Sensex jumps 566 points, Nifty holds at 23,000 as US tariff fears ease
The Indian stock market witnessed a roller-coaster ride on Wednesday, as benchmark indices Sensex and Nifty bounced back strongly in the latter half of the day after uncertainties over impending US trade tariff eased.
Trump 2.0 jitters: Sensex tanks over 1,200 points, Nifty ends at 23,024
As the new US President Donald Trump began his second innings with signing several executive orders along with sounding threats about impending trade tariffs on certain countries and BRICS nations, both Sensex and Nifty plunged on Tuesday.
Adani Energy Solutions wins its largest-ever Rs 25,000 cr Bhadla-Fatehpur HVDC project
Adani Energy Solutions Ltd (AESL) on Tuesday said it has won a Rs 25,000 crore Bhadla (Rajasthan)-Fatehpur (Uttar Pradesh) high voltage direct current (HVDC) order, its largest-ever order win to date.
Sensex opens higher as traders gear up for Trump’s inauguration
Indian benchmark indices opened higher on Monday, taking positive cues from its Asian peers, as traders geared up for Donald Trump's inauguration as the 47th US President.
India continues to outpace global peers on economic growth: Centre
As the fastest-growing large economy, with steady growth projected at 6.7 per cent over the next two fiscal years, India continues to outpace global peers and cement its position as a leader in economic resilience and progress, the government said on Saturday.
India's auto sector poised for robust growth, ‘Make in India’ a game changer: Industry
India's auto sector is poised for strong growth and the ‘Make in India’ initiative under the vision of Prime Minister Narendra Modi continues to help automotive companies not only produce more vehicles locally but also ramp up export volumes too, including EVs, industry leaders said on Saturday.