Search Results for: Kotak Securities

GHQ Partners defends mega deal to buy Adani stake in 4 companies at $1.87 billion

Rajiv Jain, who had spent 22 years at Vontobel Asset Management before setting up GQH, said the deal was blocked after due diligence and that he has been following Adani Group for six years

Mar 3, 2023

Adani Row: SC orders SEBI to probe within 2 months, panel to assess regulatory compliances

The panel will look into extant regulatory framework to protect investors, strengthen investor awareness, contravention of law, if any, by the Adani Group. They shall file their report in a sealed cover in two months

Mar 2, 2023

FTX fraud: Indian-origin Nishad Singh pleads guilty to criminal charges [details]

Nishad Singh pleaded guilty to six conspiracy charges, including conspiracy to commit wire fraud, conspiracy to commit money laundering and conspiracy to violate federal campaign finance laws.

Mar 1, 2023

Tough love: Pak has gone to IMF for bailouts 23 times in 75 years

No way to run a country; PAK has gone to IMF for bailouts 23 times in 75 years

Pakistan keeps going to the International Monetary Fund (IMF) again and again. A whopping number of 23 programmes clearly suggests that Pakistan is addicted to the Fund's tough love.

Feb 26, 2023

Stock Market: Sensex, Nifty open in green, Adani Group shares remain in red

Adani Enterprises, Adani Ports, Bajaj Finance, Asian Paints and Titan Company remained the top losers on Thursday as of 10 am

Feb 23, 2023

India's forex reserves decline in biggest weekly fall in 11 months; Fell by $8.3 billion

India's foreign exchange reserves fell by $8.3 billion to $566.95 billion in the week ended February 10 -- its biggest weekly fall in 11 months.

Feb 18, 2023

RBI should probe LIC, Public Sector Banks' losses due to adani stock rout: Jairam Ramesh

LIC, he said, which 30 crore Indians trust with their life savings, has lost thousands of crores in Adani Group stock in recent days.

Feb 15, 2023

Adani row: Here's what Fitch Ratings, Moody's say on Indian banks' exposure to group's stock rout

Fitch Ratings said that the controversy over the short-seller report has no immediate impact on the ratings of Fitch-rated Adani entities and their securities

Feb 8, 2023

Road Ahead for Adani: Group calls off Rs 20,000 crore FPO, to return money to investors

Adani Enterprises calls off Rs 20K cr FPO, to return money to investors

Feb 2, 2023

Budget 2023-24: No tax on personal Income up to Rs 7 lakh [Details]

A tax of 5 per cent would be levied on total income between Rs 3 lakh and Rs 6 lakh, 10 per cent tax would be imposed on income between Rs 6 lakh to Rs 9 lakh, it would be 15 per cent on income between the range of Rs 9 lakh to Rs 12 lakh.

Feb 1, 2023

Apple's Tim Cook has not cut workforce amid mass layoffs; has a lesson for Big Tech cos [details]

As every Big Tech company has announced job cuts running into thousands, Apple is yet to do so and may not plan to terminate employees as it never hired at the pace at which other tech giants did, according to analysts.

Jan 31, 2023

Adani counters Hindenburg's 219-page accusations with scathing 413-page rebuttal [details]

On Sunday, Adani Group responded to unsubstantiated allegations and misleading narratives peddled by Hindenburg Research at length in an over 400-page response backed by relevant documents.

Jan 30, 2023

Cyber criminals syndicate operating from China and Dubai unearthed, had cheated 11,000

Delhi Police has unearthed an international gang of cyber crooks based in China, and Dubai, and a mastermind in Georgia, who have defrauded 11,000 people on the pretext of providing online work from home jobs in Amazon, an official said on Friday

Jan 28, 2023

Hindenburg Report Impact: Adani shares plunge by 20%, Sensex down by 700 points

As per the Bloomberg Billionaires Index, Gautam Adani lost about $6 billion (₹48,600 crore), down nearly 5%, a day after Hindenburg report was released

Jan 27, 2023

Hidenburg report on Adani Group: "No small matter", Congress demands probe by SEBI

Congress on Friday said financial instability will affect India's stature abroad, and demanded an investigation by Sebi on the Hidenburg report on Adani group