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.
PIB fact check debunks AI-manipulated video showing CDS Chauhan falsely claiming India surrendered Arunachal Pradesh…
Growing pressure campaigns aim to influence LIC’s investment decisions, raising concerns about destabilising long-term infrastructure…
A Queensland court permanently barred activist Ben Pennings from seeking Adani’s confidential Carmichael mine data,…
The ongoing construction of Shri Kalki Dham in Sambhal shows rapid progress as skilled artisans…
Australian Prime Minister Anthony Albanese married Jodie Haydon on Saturday at The Lodge, the first…
The NIA has secured another seven days’ custody of international gangster Anmol Bishnoi, the younger…