Adani group companies have reported a 13.7 per cent rise in cash reserve to ₹45,895 crore in the first half of the current fiscal as earnings across the business rose while debt was almost unchanged. In the half-year credit performance report, Adani said while EBITDA rose to ₹71,253 crore in April-September this fiscal from ₹57,219 crore a year back, gross assets increased 6 per cent to about ₹4.5 lakh crore. Gross debt was almost unchanged at ₹2.26 lakh crore, but after considering cash reserves, the net debt at ₹1.80 lakh crore was 3.6 per cent less than ₹1.87 lakh crore in April-September 2022.
Union HM Amit Shah on Friday reached out to the Chief Ministers of Gujarat, Himachal…
A key workshop hosted by Anjuman-I-Islam in Mumbai highlighted the constitutional safeguards of Article 30.
Trinidad and Tobago Prime Minister Kamala Persad Bissessar honoured PM Modi’s cultural roots by reciting…
Markets opened modestly higher on Friday, lifted by selective buying in IT, PSU banks, and…
US President hailed the House’s passage of the 'One Big Beautiful Bill', calling it a…
On Swami Vivekananda’s death anniversary, PM Narendra Modi honoured the iconic monk’s contributions to Indian…