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Decoding the Badals' business empire

There is more than what meets the eye to the wealth accumulated by Punjab Deputy Chief Minister Sukhbir Singh Badal, reports N Sundaresha Subramanian. IMAGE: Punjab Chief Minister Parkash Singh......

Analysts remain selective about space-related stocks

Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground......

MSCI Index inclusion likely to spur big churn for domestic stocks

IndusInd Bank, Suzlon, and Paytm will remain under focus, as the stocks are pegged to get added to the MSCI global standard index. Illustration: Dominic Xavier/Rediff.com These stocks, along with......

Adani group withdraws from M&As, to focus on prepaying debt

On Thursday, Adani Enterprises announced that it will not go ahead with acquiring Macquarie group’s two road companies at an enterprise valuation of Rs 3,100 crore. IMAGE: Group chairman......

Adani group has paid off $2.15 bn share-backed loans

Billionaire Gautam Adani-led promoter group has paid off all of the $2.15 billion loans taken pledging their shares in the conglomerate, and only debt at operating company level remains, Adani......

Adani says Mundra petchem work suspended as finances not tied-up yet

Embattled Adani Group on Monday said it has put on hold major equipment procurement and site construction activities for the Rs 34,900 crore petrochemical project at Mundra in Gujarat as the......

Aditya Mehta goes down tamely to Junhui in final

After becoming the first Indian to reach the final of a major ranking event, it was a sad end to Aditya Mehta's winning streak at the Indian Open World Snooker Championship, as he went down tamely......

Snooker: Advani, Aditya crash out in pre-quarters

India's leading cueists, Pankaj Advani and Aditya Mehta, bowed out of the third European Players Tour Championship (PTC) of the season -- the Bluebell Wood Open -- after suffering defeats in their......

Advani shocks Peter Ebdon on way to last 16

Eight-time World champion Pankaj Advani continued his fine run to enter the pre-quarter-finals of the third European Players Tour Championship (PTC) of the season, the Bluebell Wood Open, being......

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