Adani shares removed from Dow Jones sustainability indices.
The Dow Jones Industrial Average(DJIA) also known as the Dow Jones is an index of 30 top American companies. Its origin dates back to the 1890s, it only held 12 stocks. The index was a...
Category : Business & Economy
Explore the latest trends, insights, and news in the world of Business & Economy. Stay informed and empowered with our expert articles.
Impact of Hindenburg report : after Credit Suisse, Citi Bank Group halts lending against Adani group securities.
by Aishwarya
Last month on 24th Jan 2023 Hindenburg Research, a NewYork based investor research firm, alleged that the Adani Group had engaged in a brazen stock manipulation and accounting fraud scheme. Though the Indian Conglomerate sent...
Adani Enterprises shares crashed after Hindenburg report & Credit Suisse intervention, Rs.20000 Crs FPO calls off.
by Aishwarya
After allegations of fraud by the Hindenburg Research report released on 24th Jan 2023 Adani’s reputation was in trouble. Now Credit Suisse has assigned zero lending value to Adani bonds, which means that Credit Suisse...
Gautam Adani is no longer Asia’s richest person, Hindenburg stays firm on their allegations.
by Aishwarya
Hindenburg Research, a US-based investor research firm specialized in short selling, alleged that the Adani Group led by Gautam Adani, has engaged in a brazen stock manipulation and accounting fraud scheme, accelerated with five of...
AI replacing humans: the nightmare has come true
Ever had any doubt, the simplest answer would be “Just google it.” Today, many of Alphabet’s (Google’s parent company) employees who made this possible are laid off. Not just one or two, but 12,000 employees,...
WhatsApp users across the world facing downtime ?
by Aishwarya
There was a disruption in the services of Meta-owned popular messaging app WhatsApp. Many users across the country reported that they were unable to send or receive messages and make calls on WhatsApp platform. The...
Reliance Jio launches Welcome Offer of 5G services in 4 cities of India.
by Aishwarya
On October 4, Tuesday Reliance Jio announced a trial launch of 5G services in 4 cities. On the felicitous occasion of Vijayadashami (Dussehra) on October 5, Wednesday the telecom operators rolled out the 5G services...
1.2 lakh Employees say goodbye to Cognizant
Starting in 1994, Cognizant Technology Solutions Corporation made a bang on January 26th all the way in Chennai. Cognizant has always been one of the top companies in the IT sector, especially with the number...
Agneepath scheme: short term benefit leading to long term loss?
There are several opinions on whether the Agneepath scheme is beneficial or not, but before forming opinions ourselves, let’s find out what exactly it is.The Agneepath scheme introduced by the government of India is for...
Impact of covid and coping up – European countries vs. Asian countries
The covid- 19 virus has affected all of us greatly globally. As we all know, the corona virus is desperately after our health; and unfortunately a similar case is with the economies; they got quite...