Adani not charged with bribery: Group
The Morning Standard|November 28, 2024
ADANI Green Energy, the company indicted for alleged bribery and frauds by the US justice department and their markets watchdog SEC, on Wednesday said group chairman Gautam Adani and nephew Sagar Adani and another key official Vneet Jaain have not been indicted for corruption charges but only three counts of fraud.

The claim came a day after two rating agencies, Moody's and Fitch, had downgraded seven of the group companies. However, this has lifted the share prices of the group companies, collectively rallying to add ₹1.2 trillion to their market cap.

After the crisis hit, the 11 listed group companies had lost more than ₹3 trillion in value.

هذه القصة مأخوذة من طبعة November 28, 2024 من The Morning Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 28, 2024 من The Morning Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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All-rounder Shikha at peace, hoping to tackle one game at a time
The Morning Standard

All-rounder Shikha at peace, hoping to tackle one game at a time

WHEN Shikha Pandey came into the 2025 Women's Premier League season, she felt she was in rhythm with regards to her bowling.

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3 mins  |
February 28, 2025
The Morning Standard

Liverpool Defeat Newcastle To Go 13 Clear On EPL Table

LIVERPOOL moved a giant step closer to the Premier League title with a ruthless 2-0 win against Newcastle, while Arsenal's challenge is in tatters after a 0-0 draw against Nottingham Forest on Wednesday.

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1 min  |
February 28, 2025
Highs and Lows of CT 2025 So Far
The Morning Standard

Highs and Lows of CT 2025 So Far

As Champions Trophy draws closer to business end, a look at some of the hits and misses, upsets and more...

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2 mins  |
February 28, 2025
The Morning Standard

India to be 3rd largest consumer market by 2026

THE country's private consumption has nearly doubled to $2.1 trillion in 2024 from $1 trillion in 2013, growing at 7.2% CAGR, faster than the US, China and Germany, according to a report.

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1 min  |
February 28, 2025
Stormy session likely as Waqf bill set to be tabled in House after Cabinet nod
The Morning Standard

Stormy session likely as Waqf bill set to be tabled in House after Cabinet nod

WITH the Waqf (Amendment) Bill 2024 expected to be introduced in the second leg of the Budget Session on March 10, Parliament may witness fierce resistance from the Opposition parties determined to block the Bill.

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1 min  |
February 28, 2025
In jolt to ceasefire talks, Israel not pulling out of Gaza
The Morning Standard

In jolt to ceasefire talks, Israel not pulling out of Gaza

ISRAEL will not withdraw from a strategic corridor in the Gaza Strip as called for by the ceasefire, an official said Thursday.

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1 min  |
February 28, 2025
The Morning Standard

Sebi asks AMCs to deploy NFO funds within 30 days

THE Securities and Exchange Board of India (Sebi) has cut short the fund deployment time for mutual funds to 30 days raised through new fund offers (NFOs) and has also relaxed regulations regarding the alignment of interests between asset management companies' (AMC) employees and unitholders.

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1 min  |
February 28, 2025
Meet Your Marathon Needs
The Morning Standard

Meet Your Marathon Needs

Marathon running is not just about endurance and mental grit but also about nutrition.

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2 mins  |
February 28, 2025
Mamata Accuses BJP of Using 'Fake Voters' to Win Polls, Warns of Stir
The Morning Standard

Mamata Accuses BJP of Using 'Fake Voters' to Win Polls, Warns of Stir

WEST Bengal Chief Minister Mamata Banerjee on Thursday accused the BJP of adding fake voters from other states to the electoral rolls with the alleged backing of the Election Commission (EC), claiming that the party had used similar tactics to secure victories in the Delhi and Maharashtra assembly elections.

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1 min  |
February 28, 2025
Most employees in IT roles unhappy with their salaries
The Morning Standard

Most employees in IT roles unhappy with their salaries

AT least 47% of employees are unhappy with their current salaries in India as they cite low increments and unfulfilled expectations, and 77% of professionals anticipate significant salary growth in their industry.

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1 min  |
February 28, 2025