India's medical devices imports surged 41 per cent to touch Rs 63,200 crore in 2021-22, led by a 48 per cent year-on-year (YoY) jump in imports from China. Read more in our top headlines
This will be the first result announcement by the company since it was acquired by the Adani group in May 2022
Adani Group's acquisition of the Haifa port last week for USD 1.18 billion is being seen as a "strategic purchase" where "price was less important", according to a media report
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After a two-year tender process, Adani Ports and local chemicals and logistics group Gadot clinched the 4.1 billion shekel ($1.18 billion) winning bid for Haifa Port
Bloomberg consensus estimates had pegged net profit at Rs 296 crore and revenue at Rs 4,390 crore for the period under review
However, deal activity in India is going to slow down as investors have turned more cautious with rising interest rates and a falling rupee, says head of investment banking for India at Barclays
Adani Data Networks, Jio, Airtel and Vodafone Idea to bid for 5G spectrum
Billionaire Gautam Adani-led Adani Data Networks, Reliance Jio, Bharti Airtel and Vodafone Idea have applied to participate in the upcoming 5G auction
The Adani group's foray into the 5G space comes on the back of a massive expansion spree
The Centre should privatise all PSBs, except the State Bank of India, a report by NCAER said. Read more on these in our top headlines
What does Adani's 5G spectrum bid mean? What is Erik Berglof's take on economic turmoil? Is it a good strategy to invest in gold right now? Who are anchor investors? All answers here
Airtel stock fell over 5%, while RIL closed 1.3% higher after being down for most of the day
'We consider this news negative for incumbent telcos as it increases competition in upcoming auction bidding as well as in the long-term opportunity to target the enterprise space,' says BofA
The Group said it has participated in the 5G spectrum auction to provide private network solutions along with enhanced cyber security in the airport, ports & logistics and other businesses
Bharti Airtel and Vodafone Idea can slip into a bear trap if these key supports levels are breached; MTNL by far seems a safer bet.
Stocks to watch today: IT behemoth TCS net profit grew 5.2 per cent year-on-year (YoY) to Rs 9,478 crore in Q1FY23; Tata Motors hiked prices across passenger vehicle range by 0.55 per cent.
Telecom experts say that that Adani move is an attractive proposition, and according to their estimates, they will have to fork out a nominal Rs 2800 cr for 20 years for pan-India millimetre band
Adani Group applied to participate in the 5G auction on Friday and will compete with the likes of Reliance Group and Bharti Airtel for spectrum but for private captive networks
Elon Musk pulls out of Twitter deal, micro-blogging platform vows legal fight