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Hindenburg report on Adani Group leads to bloodbath on D-Street

The stock market tumbled on Friday due to an unfavourable research report about the Adani Group, whose firms alone have lost over Rs 4.17 lakh crore in market valuation. With a net worth of $96.6 billion, billionaire Gautam Adani is now the world’s seventh richest man, according to Forbes, sli ....

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Seylan Bank records Rs.1.5Bn PAT for 1H 2022

Seylan Bank recorded a Profit after Tax of Rs. 1,504 Mn for the 6 months ended 30th June 2022 against Rs. 2,105 Mn reported in the corresponding period of 2021. This has been seen by financial analysts as mcommendable given the extremely challenging and adverse conditions the Bank operated in, with ....

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