Economy and Finance

On Sunday Adani Group also released an official statement, stating, "We completely reject these allegations against the Adani Group which are a recycling of discredited claims that have been thoroughly investigated, proven to be baseless and already dismissed by the Hon'ble Supreme Court in January 2024."

SEBI issues statement on the Hindenburg Research’s Report, rejects all allegations and asks investors to remain calm and exercise due diligence

SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch issued a detailed statement rejecting the allegations made by Hindenburg

In a stock exchange filing on Sunday, 360 One Wam Limited said its IPE-Plus Fund 1 had made zero investments in any shares of the Adani Group, refuting claims by Hindenburg

Adani Group has rejected the fresh allegations by Hindenburg Research, saying the US-based short seller using manipulative information for profiteering

Tata Group chairman N Chandrasekaran expressed confidence that part of the semiconductor plant in Assam will be completed in 2025 and operations will start quickly.

Assam CM Himanta Biswa Sarma along with Tata Sons chairman N Chandrasekaran performed the Bhumi Pujan for the upcoming semiconductor plant in the state on 3rd August

The Union Cabinet chaired by PM Narendra Modi has approved the development of eight access-controlled national highway projects with a total length of 936 km.

In a major relief for the Indian start-up ecosystem, during the budget speech, the Finance Minister announced that “angel tax” for all classes of investors has been abolished.

The 476-page Economic Survey emphasises that India's economy has consolidated its post-Covid recovery and that the policymakers have played an important role in guaranteeing economic and financial stability.