Conglomerate’s combined market capitalisation falls by Rs 2.2 trillion
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CBI questions audit company employee in Bitcoin ponzi scheme case (21-11-2024)
The CBI on Thursday questioned Gaurav Mehta, an audit company employee, in connection with its probe into the Rs 6,600-crore Gain Bitcoin ponzi scam case here, officials said.
The central probe agency, which registered three cases related to the alleged scam in October, had called Mehta to appear before its investigation team as soon as possible after his name cropped up in purported tapes of Maharashtra political leaders discussing the encashment of the cryptocurrency worth crores.
Mehta has been questioned since the afternoon in connection with the case. The officers quizzed him regarding the tapes and documents related to alleged investments in cryptocurrency.
The officials said Mehta was also asked if he had shared the voice notes of the political leaders and if so, their details.
The audit company employee is understood to have been asked about his role in the purported bitcoin transactions alleged in the notes, they said.
The Supreme Court handed over to the CBI in December
Domestic airlines’ fleet to touch 1,400 planes (21-11-2024)
Civil Aviation Secretary Vumlunmang Vualnam on Thursday said the number of planes with domestic airlines will increase to 1,400 in the next five years as he highlighted the growth potential of the country’s aviation space. Currently, the fleet is around 800 aircraft and leading carriers IndiGo and Air India have placed significant plane orders.
Lazycap’s Portfolio – Feedback (21-11-2024)
Hi What is the high conviction in IGL to up 10%?
Legal experts see no knee-jerk response from Sebi on US indictment of Adani (21-11-2024)
Indian market regulator has taken stringent measures when it comes to misstatements and non-disclosures in the domestic market, say lawyers
Legal experts see no knee-jerk response from Sebi on US indictment of Adani (21-11-2024)
Indian market regulator has taken stringent measures when it comes to misstatements and non-disclosures in the domestic market, say lawyers
Ahead of Market: 10 things that will decide stock market action on Friday (21-11-2024)
Indian benchmark indices fell sharply on Thursday, dragged down by the Adani Group stocks. The Nifty breached the 23,350 level and is heading towards 23,180. The 20-day moving average at 23,500 is an immediate hurdle. The overall market sentiment remains weak.
Bribery Charges Against Gautam Adani Strike at Heart of Modi’s India (21-11-2024)
The U.S. indictment names Gautam Adani, one of India’s richest businessmen, but it points to an even bigger target: how business is done there.
Ola Electric – Full Stack EV play? (21-11-2024)
Agree with the management comment part.
However for some reasons I still believe in catching a company with bad management having tail winds over a good management with head winds( absence of growth).
At the end of the day, only numbers in terms of bottom.line and top line would matter.
The question is if the company delivers that all this noise with subside , but a million dollar question again is, will they grow and maintain market share as the transition picks pace from combustion to Ev.