hindenburg

US agency finds Hindenburg’s allegations ‘irrelevant’ , Adani stocks zoom up to 17% after report says

Hindenburg’s allegations ‘irrelevant’ The surge propels the conglomerate’s market capitalisation to over Rs 14 lakh crore. A Bloomberg report said International Development Finance Corp (DFC) conducted a due diligence investigation before extending the group a $553-million loan The combined mcap of Adani Group companies surpassed Rs 14 lakh croreShares of Adani Group companies surged up…

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fiis

FIIs buy Rs 2,073 crore equities on December 4, push Nifty, Bank Nifty to all time high after BJP’s election wins

FIIs buy Rs 2,073 crore equities Earlier on November 30 after the exit polls predicted BJP victory in state elections, FIIs had bought Rs 8,148 crore of equities in the Indian market. FIIs were sellers of Indian equities in the 3 months before November Foreign Institutional Investors (FIIs) extended their buying in India on December…

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cyclone

Cyclone Michaung: Schools, offices shut, flights cancelled in Tamil Nadu as cyclonic storm intensifies , authorities had evacuated nearly 7,000 people

Cyclone Michaung Dr Mrutyunjay Mohapatra, Director General, IMD said that it is a severe cyclone storm which lies 90km northeast of Chennai. “It will move parallel to the Andhra Pradesh coast. The windspeed along Andra Pradesh will become 90-100kmph from today. We have given fishermen to not venture into the sea till Dec 6. Red…

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