Adani Group stocks: Barred or not? Adani investors fret over three Mauritius funds indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
The analysis underscores the vulnerability of the rapid wealth surge Adani has seen in 2021, beating the gains for Warren Buffett and his compatriot Mukesh Ambani.
Poor countries pay the cost after Covax puts all its eggs in one basket India’s top vaccine maker has been unable to send shots overseas since April, but its problems began long before 09 June 2021 - 20:52 By Chris Kay and PR Sanjai
Around the world, from Bangladesh to Nepal to Rwanda, vulnerable hotspots have been grappling with stalled Covid-19 vaccination programmes as they run out of doses. Many of those shortages can be traced back to a single company: The Serum Institute of India.
The world’s largest vaccine maker, Serum was last year named a top supplier of Covid shots to Covax, the World Health Organisation-backed initiative aimed at securing an equitable global rollout. But the Indian company has been dogged by setbacks, from a ban on exports to a factory fire, that have hampered its ability to fill orders.
Ambani’s RIL flags economic pain as virus devastates India
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Last Updated: May 01, 2021, 09:37 AM IST
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Reliance Industries Ltd., India’s largest company by market value and one that’s considered a bellwether for the broader economy, said it hasn’t escaped a devastating new wave of the coronavirus and warned of more pain unless the surge is quickly curbed.
Reliance, whose earnings missed analysts estimates for the March quarter, has signaled more pain in the days ahead unless the virus wave peaks out soon.
By P R Sanjai and Dhwani Pandya
Reliance Industries Ltd., India’s largest company by market value and one that’s considered a bellwether for the broader economy, said it hasn’t escaped a devastating new wave of the coronavirus and warned of more pain unless the surge is quickly curbed.
Tata Power mulling $473 million renewable energy unit IPO
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Last Updated: Apr 30, 2021, 07:33 PM IST
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The power company has abandoned earlier plans to seek a partner to invest in its green assets via an investment trust, the people said, asking not to be identified as the information is private.
Deliberations are ongoing and details such as the size and timing could change, the people said. A representative for Tata Power couldn’t immediately comment.
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By Baiju Kalesh and P R Sanjai
Tata Power Co., controlled by India’s largest conglomerate Tata Group, is weighing an initial public offering for its renewable energy business that could raise about 35 billion rupees ($473 million), according to people familiar with the matter.