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Credit watcher warns Adani Group is deeply overleveraged

Credit watcher warns Adani Group is 'deeply overleveraged'

"The Adani Group is increasingly venturing into new and/or unrelated businesses, which are highly capital intensive and raises concerns regarding spreading execution oversight too thin," the report said
The six listed Adani group firms had a gross debt of ₹2,309 billion as of FY22-end. Net debt after accounting for cash in hand was ₹1,729 billion, CreditSights noted

24 Aug 2022 11:12 AM IST

Infosys scales back average variable payout to 70%: report

Infosys scales back average variable payout to 70%: report

22 Aug 2022 10:46 PM IST

50% annual bonus only for employees: Twitter

50% annual bonus only for employees: Twitter

Due to the economic meltdown going deeper, Twitter employees will only get half of their annual bonuses, the platform...

21 Aug 2022 12:13 PM IST

Qatar sees a 67% rise in oil and gas revenues

Qatar sees a 67% rise in oil and gas revenues

In the first half of 2022, Qatar's total expenditures amounted to QR103.4bn.

20 Aug 2022 5:11 PM IST

Canadian coffee franchise Tim Hortons opens first store in Delhi

Canadian coffee franchise Tim Hortons opens first store in Delhi

The warm and comforting interiors of Tim Horton's Delhi outlets are at par with their stores in Canada.

19 Aug 2022 8:09 PM IST

Half the companies in the world plan to cut jobs: report

Half the companies in the world plan to cut jobs: report

"Some sectors are more likely to invest in automation to address labour shortages."

19 Aug 2022 3:47 PM IST

Economist Ghosh says basic needs not freebies but peoples rights

Economist Ghosh says basic needs not freebies but people's rights

"In most other countries, universal access to reasonable quality goods and services that constitute 'basic needs' is...

19 Aug 2022 12:03 PM IST

Gadkari inaugurates Indias 1st AC electric double-decker bus

Gadkari inaugurates India's 1st AC electric double-decker bus

New Delhi: India's first AC double-decker electric bus was inaugurated in Mumbai by Union Minister for Road Transport...

18 Aug 2022 10:52 PM IST

Google Play to increase investments in India to foster innovation

Google Play to increase investments in India to foster innovation

New Delhi: As it celebrated its tenth anniversary on Thursday, Google Play announced that the business would keep...

18 Aug 2022 3:00 PM IST

Babri Masjid ki Amar Kahani

Babri Masjid ki Amar Kahani

31 Jan 2024 8:01 PM IST

Israeli liberals protest against PM Netanyahu’s move to amend the constitution

Israeli liberals protest against PM Netanyahu’s move to amend the...

15 March 2023 1:36 PM IST

Queens funeral: Thousands gather to witness last rites

Queen's funeral: Thousands gather to witness last rites

19 Sept 2022 4:41 PM IST

Putins advisor says a completely disarmed Ukraine is the only solution

Putin's advisor says a completely disarmed Ukraine is the only...

10 May 2022 1:12 PM IST

Pro-Imran Khan Pakistanis protest outside Nawaz Sharifs house in London

Pro-Imran Khan Pakistanis protest outside Nawaz Sharif's house in...

19 April 2022 12:32 PM IST

KSU woman activist injured in SFI attacks in Thiruvananthapuram

KSU woman activist injured in SFI attacks in Thiruvananthapuram

16 March 2022 3:38 PM IST

Russia accused of war crimes in Europe

Russia accused of war crimes in Europe

9 March 2022 4:00 PM IST

Russian brutality in Ukraine: Russia claims it is to de-nazify Ukraine

Russian brutality in Ukraine: Russia claims it is to de-nazify Ukraine

3 March 2022 1:13 PM IST

Centre signals telecom companies to be prepared for the 5G launch

Centre signals telecom companies to be prepared for the 5G launch

With the successful 5G spectrum allocation, the Union Minister for Telecom Ashwini Vaishnaw requested the telecom...

18 Aug 2022 12:01 PM IST

Rs 1 lakh fine on Centre for carelessness in blacklisting a mining company

Rs 1 lakh fine on Centre for carelessness in blacklisting a mining company

The Supreme Court slapped a fine of Rs 1 lakh on the Centre Govt over its careless and callous approach in including a...

18 Aug 2022 10:57 AM IST

Govt to meet industry stakeholders to discuss universal charger for all electronic gadgets

Govt to meet industry stakeholders to discuss universal charger for all electronic gadgets

New Delhi: The government will discuss the possibility of adopting a standard charger for cell phones and other portable...

17 Aug 2022 6:20 PM IST

Revenue loss of Rs 1.84 lakh incurred through tax relief to corporates, alleges Congress

Revenue loss of Rs 1.84 lakh incurred through tax relief to corporates, alleges Congress

Congress spokesperson contested Govt claim that corporate tax cut would help increase corporate tax collection; but as...

17 Aug 2022 12:37 PM IST

PM Modi says India developing into a manufacturing hub

PM Modi says India developing into a manufacturing hub

The PLI scheme was initially introduced by the government in 2020 to encourage domestic manufacturing by providing...

16 Aug 2022 7:01 PM IST

Indian celebration time across the gulf: LuLu set to launch India Utsav

Indian celebration time across the gulf: LuLu set to launch India Utsav

"The festival is showcasing so many varieties of products which have been imported exclusively from different parts of...

16 Aug 2022 6:30 PM IST

Indian companies likely to give 10% salary hike next year: report

Indian companies likely to give 10% salary hike next year: report

Organisations are focusing on long-term incentives, innovative career growth opportunities, flexible working, and...

17 Aug 2022 10:26 AM IST