Jio Financial Services Ltd (JFS) may see $89 million passive inflows on its inclusion in Nifty Next 50. PFC is seen attracting $48 million inflows, Adani Power $45 million, REC $45 million and IRFC $23 million inflows.
Adani-Hindenburg Case Latest News: In a landmark decision, the Supreme Court of India has upheld the Securities and Exchange Board of India's (SEBI) investigation into the allegations made by Hindenburg Research against the Adani Group. A three-judge bench, comprising Chief Justice DY Chandrachud, Justice JB Pardiwala, and Justice Manoj Mishra, delivered the verdict, refusing to interfere with SEBI's ongoing probe.
Adani Power has an installed capacity of 15.2 GW with an additional 1.6 GW under construction, which accounts for 7.1 per cent of India’s total thermal power generation capacity of 214 GW.