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LIVE: Adani Group decides not to go-ahead with FPO, money to be returned

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Adani Enterprises Ltd., (AEL) has decided not to go-ahead with the fully subscribed Follow-on Public Offer (FPO). Given the unprecedented situation and the current market volatility the Company aims to protect the interest of its investing community by returning the FPO proceeds and withdraws the completed transaction.


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Adani Enterprises Ltd., (AEL) has decided not to go-ahead with the fully subscribed Follow-on Public Offer (FPO). Given the unprecedented situation and the current market volatility the Company aims to protect the interest of its investing community by returning the FPO proceeds and withdraws the completed transaction.

Avalanche hit the Afarwat peak at famous ski resort in Gulmarg. Rescue operation has been launched by Baramulla Police along with other agencies. Reports of some skiers being trapped are being corroborated, reports ANI

There are some good things in #UnionBudget2023 but there was no mention of MNREGA, poor rural labour, employment & inflation. Some fundamental questions remained to be answered: Congress MP Shashi Tharoor

Mukesh Ambani overtakes Gautam Adani as the richest Indian in the world according to the Forbes Real-time Billionaires list.

Mukesh Ambani overtakes Gautam Adani as the richest Indian in the world according to the Forbes Real-time Billionaires list. pic.twitter.com/fczk8MXtSq

India’s manufacturing industry started the year on a weaker note, expanding at the slowest pace in three months in January as output and sales growth slackened, a private survey showed on Wednesday.

CPI(M) secretary Jitendra Choudhary on Tuesday hinted that his party may ally with Tipra Motha, a regional front, in the upcoming in February. Speaking to reporters on Tuesday, Choudhary said his party was in talks with the regional front for an alliance. The Assembly elections are scheduled to be held on February 16.

Congress MP on Tuesday criticised President Droupadi Murmu’s address to a joint sitting of the Parliament on the opening day of the Budget Session, saying that her speech skipped reference to important issues such as unemployment.
Russia’s refusal to allow on-the-ground inspections to resume is endangering the New START nuclear treaty and US-Russian arms control overall, the Biden administration charged on Tuesday.

 

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