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.
PM Narendra Modi met Bhutanese PM Tshering Tobgay on the sidelines of the 6th BIMSTEC…
The student group 'Shaher-E-Arzoo' expressed firm support for the Waqf Amendment Bill, calling it a…
The 27% tariff hike by US President Donald Trump on Indian goods will have only…
Following the passage of the Waqf Amendment Bill 2024 in both Houses of Parliament, celebrations…
India’s forex reserves jumped $6.6 billion to a five-month high of $665.4 billion for the…
Gautam Buddha Nagar Police, led by CP Laxmi Singh, achieved a historic feat with all…