SEBI had sent notices to four Adani Group companies, alleging they had wrongfully categorised the shareholding of certain entities and seeking to recover about Rs 25 billion from them.
The cement industry has been consolidating since FY18, with the larger players looking to not only increase their capacities but also widen their geographical reach.
New Delhi: The Congress Saturday alleged foul play in the Adani Group-owned Ambuja Cements’ takeover of another cement firm called Sanghi Industries Ltd (SIL)...
Shares of the two companies were, however, still trading lower than their January levels after the Hindenburg report battered shares of Adani Group companies.
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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