Vaxtex Cotfab Ltd is a well-established textile company based in India, known for its production of high-quality fabric and textile products. The company specializes in manufacturing a wide range of fabrics used in apparel, home furnishings, and industrial applications. Vaxtex Cotfab Ltd has a strong reputation for its focus on quality and innovation, continuously adapting…
Infomedia Press Ltd is a well-known Indian company primarily engaged in the publishing and printing industry. It specializes in providing various print media services, including publishing directories, magazines, and digital content. Infomedia Press is recognized for its expertise in creating business directories, which are widely used by businesses for reference and advertising. Infomedia Press Share…
Network18 Media & Investments Ltd is a leading Indian media company with a diverse portfolio in television, digital media, and publishing. It owns and operates prominent brands such as CNBC-TV18, Colors TV, and News18, offering a range of news, entertainment, and business content. The company is a key player in the Indian media landscape, known…
Pil Italica Lifestyle Ltd is a leading manufacturer of plastic furniture and lifestyle products in India. The company is known for its wide range of durable and stylish furniture, catering to residential, commercial, and industrial needs. Pil Italica focuses on innovation and eco-friendly practices, using recyclable materials to align with sustainability goals. Pil Italica Lifestyle…
Oriental Trimex Ltd is an Indian company specializing in the processing and trading of premium imported marble and other natural stones. Established with a focus on delivering high-quality products, the company caters to diverse sectors, including residential, commercial, and infrastructure projects. Known for its wide range of marble and stone products, Oriental Trimex emphasizes precision…
The ASX-listed GQG Partners, founded by NRI investor Rajiv Jain, saw a significant recovery on Friday, rising as much as 15.5% to an intraday high of AUD 2.46. This rebound occurred one day after the stock dropped 19.3% in response to U.S. bribery accusations against Adani Group executives, including Gautam Adani. Gautam Adani, his nephew…
Life Insurance Corporation of India (LIC), a major insurance firm and the biggest domestic institutional investor in India increased its ownership of the IT company LTIMindtree through open market acquisitions. By increasing its ownership in LTIMindtree equity shares from 1,49,06,665 to 2,08,34,009, or 5.033% to 7.034% of the company’s paid-up capital, LIC said in an…
The Brazilian state-owned oil company Petrobras reduced the minimum cash level needed for its $111 billion strategic plan on Thursday and authorized a payout of 20 billion reais ($3.4 billion) in special dividends to shareholders. As special dividends for the 2023 period, Petrobras stated in a securities filing that around 15.6 billion reais of the…
During the Lok Sabha elections in Ahmedabad, Gautam Adani, the chairman of the Indian conglomerate Adani Group, displays his inked finger. The charges against Gautam Adani include conspiracy to commit wire fraud, securities fraud, and foreign bribery. He allegedly paid more than $250 million in bribes to obtain $2 billion in solar contracts over a…
As investors reduced their exposure to the Indian company and some bankers contemplated halting new funding in the wake of bribery and fraud allegations by U.S. authorities, Adani dollar bond prices dropped Monday to nearly one-year lows. Gautam Adani, the group’s billionaire chairman, and seven other individuals were accused last week of conspiring to bribe…