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Adani Group still eligible for CEMBI, JACI, JESG indices: JP Morgan

Adani Group still eligible for CEMBI, JACI, JESG indices: JP Morgan

India's Adani Group, which has in recent weeks suffered a brutal share selloff following the release of a U.S. short-seller report, remains eligible for the CEMBI, JACI and JESG indices, said JP Morgan in a note on Monday.

"Per current index rules, Adani Group companies remain eligible for inclusion in CEMBI, JACI and JESG indices," JP Morgan said in the note.

Tackling misinformation is core to our policies: Instagram policy head

Tackling misinformation is core to our policies: Instagram policy head

With the largest base of fact checkers in India, tackling misinformation is core to the policies for all Meta platforms, said the head of policy of Instagram.

In India 11 independent fact checkers work with Meta on content in 15 languages in India.

“Our platforms have zero tolerance to Child Sexual Abuse, bullying and harassment, hate speech, voter interference, etc.

As Adani Group plans to prepay share pledges, its US dollar bonds rally

As Adani Group plans to prepay share pledges, its US dollar bonds rally

Adani Group dollar bonds rallied on Friday as Gautam Adani was said to be in talks with creditors to prepay some loans in a bid to restore confidence in his business empire.

The notes also pared losses from earlier in the week as Goldman Sachs Group and JPMorgan told some clients that Adani bonds can offer value due to the strength of certain assets.

Sebi proposes measures to curb mis-selling in alternate investment funds

Sebi proposes measures to curb mis-selling in alternate investment funds

The Securities and Exchange Board of India (Sebi) has proposed measures to curb mis-selling in Alternate Investment Funds (AIFs) including mandatory offering of direct plans and introduction of trail model for distribution commission.

The regulator has said that in certain cases the quantum of upfront commissions for AIF distribution fees has gone up to around 4-5 per cent of committed amount.

Jharkhand gets Rs 5,271 cr from Budget for rail infrastructure augmentation

Jharkhand gets Rs 5,271 cr from Budget for rail infrastructure augmentation

Railway minister Ashwini Vaishnaw on Friday said that Jharkhand has been allocated a whopping Rs 5,271 crore from the Union Budget to augment the railway infrastructure of the state.

Addressing the media through video conferencing, the minister said the annual average budget outlay for Jharkhand was around 11 times higher than what the state used to get between 2009 and 2014.

Inside the 19-hour meltdown that scuttled Adani Group's $2.5 bn share sale

Inside the 19-hour meltdown that scuttled Adani Group's $2.5 bn share sale

A beaming Gautam Adani stood beside Israeli Prime Minister Benjamin Netanyahu on Tuesday, looking relaxed as hundreds of people gathered for the ceremonial signing at the Haifa Port, which the Indian billionaire is co-developing.

The 60-year-old tycoon had reason to be buoyant: last-minute bids had helped the flagship of his ports-to-power empire close a record $2.5 billion share sale despite a searing short seller attack that triggered a stock rout.

JK Tyre and Industries' Q3 profit up 24%, income rises 17% to Rs 3,622 cr

JK Tyre and Industries' Q3 profit up 24%, income rises 17% to Rs 3,622 cr

JK Tyre and Industries, one of the largest tyre manufacturers in India, on Friday posted a consolidated net profit of Rs 66.75 crore during the October to December quarter of 2022-23, up 24 per cent from Rs 53.92 crore during the same period last financial year.

The company’s total income during the quarter was seen up by 17 per cent to Rs 3,622.62 crore, as against Rs 3,083.95 crore during the third quarter of 2021-22.

No 'good' days for Delhi air in Jan as winter makes pollution worse

No 'good' days for Delhi air in Jan as winter makes pollution worse

Delhi’s air was polluted all of January, a crisis made worse since last year due to fog, calm winds and low temperatures.

Average monthly air quality index (AQI) was 311, data from the state-run Central Pollution Control Board (CPCB) showed. AQI was 279 in January 2022.

AQI measures the concentration of poisonous particulate matter PM2.5, which can cause cardiovascular and respiratory diseases such as lung cancer, in a cubic metre of air.

Tata Sons exploring ways to get out of upper layer NBFC list: Report

Tata Sons exploring ways to get out of upper layer NBFC list: Report

Tata Sons, the parent company of the Tata group, is looking for a way to get exemption from an RBI notification that included it among the top 10 NBFCs in terms of asset size, The Economic Times reported Friday.

Citing people aware of the matter, the report said the Reserve Bank of India has also included Tata Sons among 16 NBFCs in the upper layer (UL).

Kejriwal renewed attack on Guv to divert attention from ED chargesheet: BJP

Kejriwal renewed attack on Guv to divert attention from ED chargesheet: BJP

Delhi BJP working president Virendra Sachdeva claimed that Chief Minister Arvind Kejriwal renewed his attack on Lt. Governor (L-G) Vinai Kumar Saxena to "divert media focus" from the Enforcement Directorate chargesheet, which alleged that the AAP "misused liquor scam kickback cash" in the Goa Assembly elections.

Sachdevaha said that Chief Minister Kejriwal is "creating a constitutional crisis in Delhi by continuously making irresponsible comments against the L-G".

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