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Adani Group

Mumbai slum revamp contract: India court dismisses challenge to award to Adani

MUMBAI: An Indian court on Friday dismissed a petition challenging the award of a contract to Adani Group to revamp...

Published 21 Dec, 2024 06:24am

World

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

DHAKA: Bangladesh’s interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar...

Published 19 Dec, 2024 08:39am

World

Adani deal under bribery scrutiny was approved against officials’ advice

NEW DELHI/SINGAPORE: The approach from the Solar Energy Corporation of India (SECI) on Sept. 15, 2021 came out of...

Published 17 Dec, 2024 02:15pm

World

US case against India’s Gautam Adani appears strong but extradition unlikely, experts say

NEW YORK: The US fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help...

Published 16 Dec, 2024 01:32pm

World

Sri Lanka says Adani port project to continue despite US charges

COLOMBO: Indian conglomerate Adani Group’s port project in Sri Lanka will go ahead despite US charges against its...

Published 13 Dec, 2024 01:41pm

Opinion

Crony capitalism in India

Indian prime minister Narendra Modi’s Bharatiya Janata Party (BJP) has accused the US State Department and “deep...

Published 12 Dec, 2024 06:01am

World

Adani pulls out of US loan deal for Colombo port

NEW DELHI: India’s Adani Group has withdrawn its request for a US government-backed loan to construct a port in Sri...

Published 11 Dec, 2024 11:55am

World

India’s Adani Group to invest over $88bn in Rajasthan state, exec says

Indian conglomerate Adani Group will invest over 7.5 trillion rupees ($88.53 billion) in various sectors like...

Published 09 Dec, 2024 12:55pm

World

Narendra Modi’s BJP says US State Department targeting India

NEW DELHI: Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) has accused the State Department and...

Published 06 Dec, 2024 12:32pm

World

Bangladesh halves power buying from India’s Adani amid payment dispute

DHAKA: Bangladesh has halved the power it buys from neighbouring India’s Adani Power, citing lower winter demand,...

Published 02 Dec, 2024 08:05pm

World

Bangladesh wants to renegotiate Adani power deal unless court cancels

DHAKA: Bangladesh wants to sharply lower prices under a power purchase deal with India’s embattled Adani Group...

Published 02 Dec, 2024 06:04am

World

Gautam Adani breaks silence on US indictment to say his group is committed to compliance

NEW DELHI: Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S....

Published 30 Nov, 2024 09:24pm

World

Indian banks review Adani exposure in wake of US bribery allegations

MUMBAI: Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight ...

Published 30 Nov, 2024 06:26am

World

Adani wipeout hurts but won’t derail foreign investor faith in India

SINGAPORE: Worries of a wider spillover from bribery charges against the Adani Group will hurt sentiment in India...

Published 28 Nov, 2024 05:04pm

World

India’s parliament suspended temporarily after row over allegations against Adani group

NEW DELHI: Both houses of Indian parliament were suspended temporarily on Thursday within minutes of opening as...

Published 28 Nov, 2024 01:44pm

World

What the Adani allegations highlight about India’s clean energy push

NEW DELHI: Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India’s...

Published 28 Nov, 2024 10:41am

World

India suspends parliament proceedings again in row over US action on Adani

NEW DELHI: India’s lower house of parliament suspended proceedings for a second day on Wednesday after disruptions...

Published 28 Nov, 2024 07:23am

World

Adani Group says it lost nearly $55bn as US charges sparked rout

NEW DELHI: India’s Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout...

Published 27 Nov, 2024 02:05pm

World

Gautam Adani faces charges for securities law violations, Adani Green says

BENGALURU: Indian billionaire Gautam Adani has been charged in the United States for alleged securities law...

Published 27 Nov, 2024 12:32pm

World

India’s Andhra Pradesh state likely to suspend Adani power deal

NEW DELHI: India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the...

Published 26 Nov, 2024 06:08pm

World

Sri Lanka probes Adani projects after US charges

COLOMBO: Sri Lanka has opened an investigation into the local investments of India’s Adani Group in the wake of US...

Published 26 Nov, 2024 02:39pm

Business & Finance

Fitch puts some Adani bonds on negative watch after US bribery charges

Ratings agency Fitch has put some Adani Group bonds on watch for a possible downgrade after US authorities indicted...

Published 26 Nov, 2024 11:22am

Business & Finance

TotalEnergies says halting new investment in India’s Adani

PARIS: French energy giant TotalEnergies said Monday it was halting new investment linked to Indian conglomerate...

Published 26 Nov, 2024 07:14am

World

Indian parliament disrupted over Adani bribery allegations, bonds slide to year low

SINGAPORE/NEW DELHI: India’s parliament was suspended on Monday after opposition lawmakers disrupted it demanding a...

Published 25 Nov, 2024 01:52pm

Editorials

Western hypocrisy

EDITORIAL: India’s billionaire Gautam Adani and his conglomerate Adani Group were able to recover from the USD 100...

Updated 25 Nov, 2024 08:00am

World

US agency conducting due diligence on Adani’s Sri Lanka project: Bloomberg

A U.S. agency that agreed to lend more than $500 million to a Sri Lanka port development backed by the Adani Group...

Published 24 Nov, 2024 09:12pm

World

US SEC issues summons for India’s Adani, nephew on bribery allegations

The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on...

Updated 24 Nov, 2024 10:03pm

World

Adani CFO defends against US charges, says linked to one business contract

NEW DELHI: A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green...

Published 23 Nov, 2024 10:36am

World

Adani Group could find funding harder after US indictment as banks review credit

Gautam Adani’s conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire...

Published 22 Nov, 2024 09:55pm

World

Adani’s US woes put TotalEnergies on the spot

LONDON: Patrick Pouyanné is used to coping with tricky circumstances in emerging markets. The TotalEnergies CEO was...

Published 22 Nov, 2024 09:49pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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