Bain Capital is currently, at the forefront of the competition to acquire a majority stake in Adani Capital for an amount of Rs 1,500 crore. The Adani Group intends to divest from core businesses and utilize the funds to strengthen its core ventures. Adani Enterprises has received backing from a consortium led by SBI for its PVC project located at Mundra Port. The recent approval from a panel established by the Supreme Court has instilled confidence in Adani’s plans for expanding its business. However, the allegations made in the Hindenburg report have had an impact on share prices. Hindered Adani Enterprises plans, for a follow on public offer.

Elon Musk’s wealth dropped by $20.3 billion on Thursday after Tesla Inc. issued a warning that it could need to keep slashing the price of its electric cars.

Twitter appears to be working on a job posting function or jobs tool on Twitter that would enable recognized firms to post job postings on their profiles in an effort to compete with the professional social networking site LinkedIn.

Sam Bankman-Fried, the exchange’s founder, and several former executives were sued by FTX Trading on Thursday in an effort to recover more than $1 billion that they are believed to have stolen from the company prior to its bankruptcy.

In a speech to be given in the Vietnamese capital of Hanoi on Friday, U.S. Treasury Secretary Janet Yellen noted that the country is a critical partner for the United

Adani’s 34,000 crore PVC project in Mundra would be funded by a consortium of PSBs led by SBI. According to a report by The Hindu Businessline (BL), a group of banks led by the State Bank of India (SBI) have agreed to fund a significant portion of the 34,000 crore polyvinyl chloride (PVC) project in Mundra by the Adani Group. The PVC project is expected to reach a financial close by the middle of August with loan support from SBI. 

The aftermath of Tayyip Erdogan’s victory in May’s Presidential vote brought mixed fortunes for the Turkish financial market. While some sectors witnessed a surprising rally, others endured significant losses, with the lira taking a severe hit. This article explores the extreme moves in the Turkish financial Market’s Rollercoaster Ride and delves into what investors are keeping an eye on for the future.

The Conference Board conducts a poll called the Consumer Confidence Index (CCI), which gauges how hopeful or pessimistic consumers are about their future financial status.  The CCI, which is issued

On Thursday, the S&P 500 and Nasdaq futures declined as Tesla began second-quarter earnings for mega-cap growth and technology firms on a depressing note, and Netflix declined as quarterly revenue

On Wednesday, U.S. regulators released rules on the types of mergers and acquisitions to which they object, reiterating the cautiousness with which President Joe Biden’s administration has treated numerous transactions, particularly in the technology industry.

Tesla CEO Elon Musk recently announced plans for additional price cuts on electric vehicles as the company faces turbulent economic conditions, even as the price war on competitors begins to

Tata Sons revealed plans to build a gigafactory in the UK with the ability to create 40GW of batteries yearly. Customers in the UK and Europe will receive electric mobility and renewable energy storage solutions thanks to the over £4 billion investment.