A plea has been filed before a court here seeking permission to allow Hindu devotees to offer prayers at the Shahi Idgah complex that it claimed was built on the land which is believed to be the birthplace of Lord Krishna and where a temple had existed. With this, the number of suits filed in the Krishna Janmabhoomi-Shahi Idgah case, in different courts of Mathura, has gone up
By P R Sanjai and Baiju Kalesh Three companies controlled by billionaire Gautam Adani are considering a fundraising that may draw as much as Rs 41,000 crore ($5 billion), according to people familiar with the matter, in a pivotal test of investor confidence in the tycoon’s empire less than four months after a scathing short seller report plunged it into crisis.
Adani Group’s pile of debt increased almost 21 per cent over the past year and the proportion held by global banks rose to nearly a third, according to data seen by Bloomberg that offers an up-to-date snapshot of its financial health. Information gleaned from people familiar with the conglomerate’s inner workings as well as from presentations to investors reveal 29 per cent of
Shapoorji Pallonji Group, controlled by billionaire Shapoor Mistry, is weighing asset sales including a controlling stake in its flagship engineering firm that…