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LIC sees 59% increase in value of investments in Adani Group stocks | Company News

LIC sees 59% increase in value of investments in Adani Group stocks | Company News

[ad_1] Despite trimming its ownership, LIC investments saw a 59 per cent surge in value in FY24, according to stock exchange data. 2 min read Last Updated : Apr 14 2024 | 11:51 PM IST LIC, the state-owned insurance behemoth, has seen a 59 per cent rise in value of its investments in Adani … Read more

Opaque electoral bond scheme ensured bribes through banks, says Congress | Lok Sabha Elections News

Business Standard

[ad_1] Congress general secretary Jairam Ramesh (Photo: Twitter) Stepping up its attack on the BJP-led government over the electoral bonds issue, the Congress on Saturday said the “opaque scheme” ensured that prepaid, postpaid and even post-raid bribes could be routed through the banking channel. The opposition party also reiterated its demand that there … Read more

Congress demands Supreme Court monitored probe on electoral bonds issue | Lok Sabha Elections News

Business Standard

[ad_1] Stepping up its attack on the government over the electoral bonds issue, the Congress on Saturday alleged that thousands of crores have been “extorted” from corporate India and asserted that the need for a Supreme Court-monitored independent probe is pressing. Congress general secretary Jairam Ramesh said the BJP’s four “corrupt tactics” — … Read more

Adani Electricity Mumbai tops discoms rating chart, Torrent Power Surat 2nd | News

Business Standard

[ad_1] Adani Electricity Mumbai has topped the chart in the performance ranking of power distribution companies for 2022-23, a statement said on Monday. Torrent Power Surat and Torrent Power Ahmedabad were at second and third spots in the 12th edition of Integrated Rating of Discoms released by Union Minister for Power and New … Read more

Rs 2.5 trn smart metering play has Adani, Tatas walking different paths | News

Business Standard

[ad_1] Premium Illustration: Ajay Mohanty Tata Power and Adani Energy Solutions, the country’s two major private distribution companies, have adopted different approaches when it comes to the Rs 2.5 trillion smart metering business.    India aims to install 250 million smart meters under multiple schemes nationwide. According to industry executives, when calculated at … Read more

Overseas loans’ share in total Adani group debt portfolio declines | Company News

Business Standard

[ad_1] Premium Adani Group (Photo: Bloomberg) The share of foreign loans in total Adani group debt portfolio dropped to 61 per cent by September 2023 from 63 per cent as of March 2023, as the group repaid part of its foreign loans and refinanced part of older loans.   The share of Indian … Read more