India’s LIC and public banks are reassessing their Adani stakes

US-based Hindenburg Research’s allegations of fraud against India’s Adani group have sparked panic among investors since Jan. 25. Since the publication of the damning report, the conglomerate’s seven listed companies have lost $68.3 billion, nearly a third of their market value. Among Adani’s key investors is the state-run insurance giant Life Insurance Corporation of India […]

Stocks to Watch Today: Paytm, Reliance, NDTV, ICICI Bank, Yes Bank

Stocks to Watch Today: The key benchmark indices are likely to start Monday’s trade on a quiet note and hope for some stability following last week’s high volatility. Global interest rate decisions, rupee movement and crude prices are the key macro factors to watch out. As of 06:40 AM, the SGX […]