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Japanese Banks sticking with Adani as Jefferies, Barclays review ties

Japan’s biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays Plc are reassessing their exposure to the Indian conglomerate. Mizuho Financial Group Inc. expects the latest saga surrounding Adani won’t have a long-lasting impact and intends to continue supporting the group, according to […]

Bangladesh: Hasina supports Chinmoy, as Dhaka HC declines the demand to ban ISKCON

Virendra Pandit   New Delhi: The Dhaka High Court on Thursday declined to issue a suo motu order to ban Hindu religious body ISKCON’s activities in Bangladesh, citing assurances from government authorities that necessary measures have been taken, The Daily Star reported.  Meanwhile, ousted Bangladesh Prime Minister Sheikh Hasina Wajed condemned the Muhammad Yunus-led interim government in […]

Roving Periscope: Amid volatile bourses, shining India story and investors’ trust in Adani stocks continues

Virendra Pandit   New Delhi: Amid mixed global cues and periodic corrections, the shining India story continues as demonstrated by benchmark indices, Sensex and Nifty, falling over 1 percent on Thursday, but confident investors buying the Adani stocks and lifting the Group’s market capitalization by Rs 1.2 lakh crore or 10 percent in a single […]

Investors Rush to Buy Adani shares after No Bribery Charges; Lifts Adani’s Mcap by Rs 1.2 Lakh crore

Several investors rushed to buy Adani shares lifting the Group’s market capitalization by Rs 1.2 lakh crore or 10% in a single trading session. Several reports have emerged clarifying ‘No Bribery’ charge against Gautam Adani, his nephew Sagar Adani, and Vneet Jaain giving the street sufficient reasons to jump into Adani Group shares which had […]

Markets: After untenable US claims, Adani shares bounce back; Sensex, and Nifty climb

Virendra Pandit   New Delhi: Despite the outgoing US President Joe Biden’s Democratic Party fervently attempting to discredit the Narendra Modi-led NDA government, the impact of the so-called “indictment” of billionaire Gautam Adani and his associates in an alleged bribery case was short-lived on Indian markets which bounced back, the media reported on Wednesday. But […]
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