Stock market ends higher, Adani Enterprises top gainer in Nifty 50
The Indian equity market closed in the green on Tuesday amid favourable domestic and global cues, as Adani Enterprises was the top Nifty 50 gainer.
The Indian equity market closed in the green on Tuesday amid favourable domestic and global cues, as Adani Enterprises was the top Nifty 50 gainer.
CSMIA, managed by AAHL, is the first airport in India and third airport in the world to achieve this remarkable milestone.
Bollywood and Bhojpuri stars will also be seen in the colours of spirituality in the Mahakumbh to be held on the banks of Sangam.
Adani Group shares saw a bullish trend on Tuesday, as buying was seen in almost all of the group's stocks, led by Adani Green Energy and Adani Power.
In a significant development, the Tamil Nadu government has cancelled global tender for smart meters procurement despite Adani Energy Solutions Ltd (AESL) being the lowest bidder. The Tamil Nadu Generation and Distribution Corporation Ltd, has cited the high cost exceeding its budget as the reason.
The development comes after a report by the London-based Financial Times, citing documents from George Soros-backed Organized Crime and Corruption Reporting Project (OCCRP), alluded to a fraud by the Adani Group by selling low-grade coal as high-value fuel in 2013.
Adani Group's market capitalization continued to gain for the ninth consecutive day on Wednesday. The group's market capitalization crossed Rs 16.5 lakh crore on Wednesday, gaining 10.6 per cent in the past nine trading sessions.
The business tycoon retained his position as both India's and Asia's richest person and as the ninth richest person in the world.
The Adani family, the promoter of the Ambuja Cements, has infused Rs 6,661 crore into the cement company raising their stake in the company by 3.6% to 66.7%.
It will create 2,000 direct and 5,000 indirect employment opportunities.
