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Credit cards are a popular tool for managing short-term finances, offering convenience, rewards, and credit-building benefits. Among the various types, lifetime free credit cards are gaining attention. These cards offer long-term value without the burden of recurring annual charges. But do they truly come without costs? Let’s explore what they offer and why you might […]
Life can surprise us at any time. A medical need, job loss, or sudden expense can shake our savings. That’s why many people keep an emergency fund for tough times. But today, some are looking at Life Insurance in a new way. They see it not just as protection for their loved ones, but also […]
Housing loan customers have something to smile about. The central bank has cut down the repo rate by 50 basis points (bps), making it cheaper to borrow. The Reserve Bank of India (RBI) has eased interest rates, reducing their home-loan strain. Several banks have already responded to the RBI’s earlier repo rate cuts in February […]
For fiscal year 2025, the Adani Group’s total contribution to the exchequer increased by 29 percent to Rs. 74,945 crore, from Rs. 58,104 crore in FY 2023–24, through its portfolio of listed entities. The company said on Thursday that of the total contribution of Rs. 74,945 crore, direct contributions stood at Rs. 28,720 crore, indirect contributions […]
Adani Airports Holdings Ltd (AAHL), India’s largest private airport operator and a subsidiary of Adani Enterprises Limited, has raised USD 750 million via External Commercial Borrowings (ECB) from a consortium of international banks. The transaction was led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank. The proceeds will be used to refinance […]
Torrent Power Ltd (TPL) has signed a long-term Sales and Purchase Agreement (SPA) with BP Singapore Pte. Limited, a subsidiary of global integrated energy company bp, for supply of up to 0.41 MMTPA of LNG from 2027 to 2036. The LNG procured under this agreement will be strategically utilized by TPL, including to operate its […]
TotalEnergies is “committed to continue to support the expansion of Adani Green,” Patrick Pouyanné, Chairman and CEO of the French energy giant, said in Paris on Monday. With Adani Green Energy Limited (AGEL )’s current capacity of 14 gigawatts and plans for continued expansion, the partnership with TotalEnergies is expected to play an important role […]
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated transport utility, has successfully raised Rs. 5,000 crore through a 15-year Non-Convertible Debenture (NCD). Backed by APSEZ’s strong financials and a ‘AAA/Stable’ domestic credit rating, the issue locked in a competitive coupon rate of 7.75 percent p.a. and was fully subscribed by LIC. The debentures will […]
Jio BlackRock Asset Management Private Limited has received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as an investment manager for their mutual fund business in India. According to official release, this will bring an innovative investment proposition to the growing number of Indian retail mutual fund investors, as […]
The Adani Group will invest Rs 1 lakh crore in the northeastern region over the next 10 years, with a strong focus on creating employment avenues and boosting entrepreneurship. The group’s chairman, Gautam Adani, announced this at the Rising Northeast Global Investors Summit in New Delhi, held in the presence of Prime Minister Narendra Modi, […]
Benchmark indices of the Indian Stock Market saw a record rally on Monday, with the Sensex soaring by nearly 3,000 points and the Nifty 50 advancing by over 900 points. Easing of tensions between India and Pakistan is believed to have significantly boosted investor sentiment along with a progress in trade negotiations between US and China. At close, the Sensex was […]
The Adani Group and the Druk Green Power Corporation (DGPC) of Bhutan have signed a landmark Memorandum of Understanding (MoU) to jointly develop 5,000 MW of hydropower projects in Bhutan. The MoU was signed here by DGPC’s MD Dasho Chhewang Rinzin and Adani Green Hydro Ltd’s COO, PSP & Hydro, Naresh Telgu, in the presence […]
Most people think financial planning is like saving money for a home purchase, education funding or a peaceful retirement. While savings and investments are crucial, a term insurance plan is an equally important tool that safeguards your family’s financial future during uncertain times. The term insurance plan serves as more than a safety net for […]
Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest ports and logistics company, has reported its highest ever net profit (PAT) of Rs 11,061 crore in Financial Year 2024-25 (FY25), up by 37 percent over the previous year. This achievement is a result of the strong performance of the company’s ports, logistics and marine […]
Adani Power Limited (APL), country’s largest private thermal power producer, has announced excellent results for the financial year 2024-25 (FY25). The company has recorded a profit before tax (PBT) of Rs 13,926 crore from current operations, up 21.4 percent. This has been achieved due to high power demand, increased capacity and decline in fuel costs. […]
Ambuja Cements, the cement and building materials company of the diversified Adani Portfolio, has delivered a stellar performance in its financial results on standalone and consolidated basis for Q4 and full year that ended on March 31, 2025. This performance is supported by improved KPIs across operational parameters, showcasing the Company’s strength and resilience, healthy […]
Adani Total Gas (ATGL), India’s leading energy transition company, has continued its mission of transforming India’s energy landscape through extensive infrastructure development. The ATGL announced its operational, infrastructural and financial performance for the quarter and year ended March 31, 2025. During the year, Team ATGL has continued its thrust to expand access of PNG and CNG […]
Fitch Ratings has assessed Adani Ports and Special Economic Zone Limited’s (APSEZ, BBB-/Negative) acquisition of the North Queensland Export Terminal (NQXT) as credit neutral, while recognising the move as a positive step in the company’s long-term strategy of international diversification. The global ratings agency emphasized that APSEZ’s financial metrics are expected to remain stable following […]
Adani Energy Solutions Limited (AESL), part of the globally diversified Adani portfolio and the largest private transmission and distribution company in India with a large smart metering portfolio, on Thursday announced its financial and operational performance for the quarter and year ended March 31, 2025. Kandarp Patel, CEO, Adani Energy Solutions, said that AESL delivered […]
Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed ‘Operation Zeppelin,’ named after the German dirigible airships used for reconnaissance and bombing during […]
