Stay updated with breaking news from Universal Trade. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Although the Adani Group in its response to Hindenburg's allegations claimed that Vinod Adani, the business tycoon's elder brother, has no official role and is not a related party, investigations reveal something else.
It will be interesting to see what changes the Adani affair may (or may not) bring to business, investing and regulatory practices in India.
In three of its six listed companies, cash flows from financing activities like lending and borrowing are larger than those from investing or operations.