Urdu Conclave 2026

Business

Sensex and Nifty ended lower for a second session as elevated crude prices and Strait of Hormuz uncertainty weighed on investor sentiment.

Gautam Adani reflected on the Group’s legal battle, highlighting trust, resilience and responsibility while outlining his vision for India’s future.

Gautam Adani recalled leaving home for Mumbai at 16 and said young Indians working at his group’s project sites remind him of his own journey.

N Chandrasekaran has resigned as Tata Sons chairman and will not seek reappointment after his current tenure ends in February 2027.

Sensex and Nifty opened lower on Wednesday as rising crude prices and continued US-Iran tensions weighed on investor sentiment.

Gautam Adani shared a personal message of gratitude and faith after a US court dismissed criminal bribery and fraud charges against him.

Sensex fell 388 points and Nifty declined 112 points as stalled US-Iran talks weighed on sentiment, while Realty, FMCG and Cement stocks fell.

Senior advocates Vikas Singh and Mahesh Jethmalani said the US court’s dismissal of criminal charges against Gautam Adani and Sagar Adani effectively closes the case.

RBI Governor Sanjay Malhotra said AI could transform credit delivery, customer service and financial inclusion, urging banks to adopt it responsibly.

Senior Advocate Vikas Pahwa said criminal proceedings against Gautam Adani and Sagar Adani in the US have formally ended after the charges were dismissed.