Nbfc companies listed on bse

Adani Group Gautam Adani has slipped out of the list of the world's top 10 richest people and could soon be supplanted as Asia's wealthiest person if shares in his conglomerate continue to slide. The Indian tycoon has fallen from fourth place to 11th on the Bloomberg Billionaires Index, with a personal wealth wipeout of $34 billion in just three trading days. With a current fortune of $84.4 billion, Adani now sits just one spot above rival and Reliance Industries Ltd. chairman Mukesh Ambani, whose net worth is $82.2 billion. Shares of Adani Group companies have plummeted in a three-day selloff that has erased more than $68 billion of market value, following the publication of a report by Hindenburg Research alleging “brazen stock manipulation and accounting fraud.” Adani now languishes below Mexico's Carlos Slim, Google co-founder Sergey Brin and former Microsoft CEO Steve Ballmer on the Billionaires Index. Read More … [Read more...] about Adani drops off list of world’s top 10 richest people

Share to Twitter Share to Linkedin CEO, Sodexo Engage . Passionate about elevating the employee experience at work and beyond through benefits, rewards and recognition. Throughout the past several years, many companies have added diversity, equity and inclusion initiatives to their corporate strategies. A 2021 survey of HR and corporate leaders in Europe commissioned by Workday found that 75% have a “dedicated” budget for DE&I, and 90% are “carrying out at least one initiative” for having data “to drive a strategic approach of continuous improvement.” While there is still a long way to go, these numbers indicate progress—and this progress mustn’t stall, or worse, reverse, in the coming months. As much as I would like to remain optimistic, I worry that many companies will put their DE&I initiatives on the back burner due to the state of the global economy. As Ali Hanan, the founder and CEO of diversity, equity and inclusion consultancy … [Read more...] about Companies Must Continue To Prioritize Diversity, Equity And Inclusion, Even During Tough Economic Times

Share to Twitter Share to Linkedin Virtual monopolies exist in almost every healthcare sector: from hospitals and health systems to medical groups and single specialties backed by private equity. With so much consolidation of power and influence, U.S. healthcare has become a conglomerate of monopolies ; the subject of this continuing series. When it comes to claiming market control, pharmaceutical companies stand apart from healthcare’s other monopolies. Whereas hospitals and health systems rely primarily on mergers and acquisitions, drug companies employ a slew of powerful tactics: from legislative protections and legal loopholes to stonewalling would-be competitors and more. But there is one thing that unites all healthcare monopolies: As their powers expand, they become complacent. And when that happens, innovation dies and Americans pay the price, both with their wallets and their health. Exorbitant vs. unfair pricing The rising … [Read more...] about Pharma Companies: A Conglomerate Of Monopolies

Share to Twitter Share to Linkedin The titanic companies that comprise the annual Forbes Global 2000 list, ranking the 2,000 largest companies on earth in terms of sales, profit, assets and market value, are bound to have something in common. MORE FROM FORBES The Global 2000 2022 There is the explicit similarity of sums. Whether Berkshire Hathaway at No. 1 or Sun Communities which earned the bottom spot, these are all multi-billion, publicly traded corporations. There are also more implicit resemblances, such as the race and gender of the majority of people who make up the board. The educational background of board members is another connection. Predictably, MBAs, usually from top universities, as well as other finance and business related degrees. To note, this uniformity goes beyond just the boardroom. These degrees tend to be a prerequisite for anyone in a C-suite or similarly ranked position. Conversely, to those who studied the … [Read more...] about Why Companies Need Philosophers

Share to Twitter Share to Linkedin Former CEO of Stryve Foods, Joe Oblas, has acquired Quevos, he recently announced , and, as a result, has become the new CEO of the egg white protein chips brand. Details of the transaction were not disclosed. A recent SEC filing showed Oblas notified Stryve Foods and the board of directors his decision to resign from the company in October 2022. Oblas noted how he first encountered Quevos and its cofounders, Nick Hamburger and Zack Schreier, at the Sweets & Snacks Expo a few years ago, and thought their egg white-based protein products are an “interesting and innovative disruption” to the chips and crackers category. Quevos was launched in 2017 after the founding duo were looking for a low-carb snack, and were inspired by the crispy leftovers of an egg white omelette. The company’s secretly kept production process and a short list of natural ingredients, including pea protein, avocado oil and chia seeds, … [Read more...] about Former Stryve Foods CEO Acquires Shark Tank Protein Chips Company Quevos

All of the Adani group stocks — barring Adani Wilmar - the recent listing — are part of the MSCI Global Standard Index. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Amidst the to-and-fro between the Adani Group and Hindenburg Research, Global index services provider MSCI, told CNBC-TV18 that it is closely monitoring the information that may impact the eligibility of Adani Group and associated securities. MSCI had put out a consultation paper and in due course of time, they will decide on how they treat the Adani stocks which are part of the MSCI Global Standard Index. “Aware of the reports recently published regarding the Adani Group and associated securities. Will announce to all clients simultaneously if there are any changes to MSCI indexes,” it said. Also Read | Hindenburg on Adani's 413-page rebuttal: Cannot … [Read more...] about MSCI closely monitoring Adani stocks and related securities, invites market feedback

INOX Shivpora in Srinagar. (Photo by Irfan Amin Malik) Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Multiplex operator INOX Leisure is betting big on Shah Rukh Khan-starrer Pathaan for better business in the coming months as the film is seeing a strong run at the box office. Pathaan is making records and the company expects a greater turnaround in the business going forward, said Alok Tandon, CEO, of INOX Leisure Limited during the earnings call. After Pathaan , there is a strong content lineup in the upcoming quarter which includes releases like Kartik Aryan's Shehzada, Antman and the Wasp; Quantumania , Akshay Kumar's Selfiee , Ajay Devgn's Bholaa , among others, noted Tandon. Siddharth Jain, Director, INOX Leisure said that the Hindi film industry is going through some historic moments and this is coming at … [Read more...] about After Pathaan’s strong run, INOX Leisure expects greater turnaround in business going forward

Infosys Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Software services major Infosys admitted that it has appealed against a corporation tax assessment by the UK authorities as British media reports referenced the company's annual report to reveal the dispute. Reports here are flagging that the firm co-founded by British Prime Minister Rishi Sunak's father-in-law, Narayana Murthy, was contesting a GBP 20 million tax bill with His Majesty's Revenue and Customs (HMRC) department. The dispute, first revealed by 'The Times', comes at a sensitive time for Sunak who sacked his Conservartive Party chief, Nadhim Zahawi, after an investigation found he had breached the ministerial code of ethics over his tax affairs. "Infosys provides details of certain ongoing disputes with various regulatory authorities, including this specific … [Read more...] about Infosys admits appeal against UK tax assessment: Report

Hindustan Zinc Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Vedanta group firm Hindustan Zinc Ltd on Tuesday said it has earmarked a USD 1 billion investment for converting its diesel-run 900-odd mining vehicles into battery-operated ones over the next five years. Hindustan Zinc is steadily switching to electric vehicles for its underground mine operations. HZL together with the Finnish technology company Normet Group Oy, has inducted battery-powered service equipment and utility vehicles into underground mining to help decarbonise and improve environmental sustainability in the mining industry, the company said in a statement. The aim of the company is to revolutionise underground mining, promote productivity, raise underground safety standards, and provide sustainable operations solutions, Hindustan Zinc CEO Arun Misra … [Read more...] about Hindustan Zinc to pump in $1 billion to replace diesel-run mining vehicles with EVs

Alkem Laboratories Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Drug maker Alkem Laboratories on Monday said it has launched an antibiotic drug to treat multiple drug resistance infections. The company's product Zidavi is a novel combination of ceftazidime & avibactam and is indicated for various ailments like complicated urinary tract infections. With the rise in infections caused by carbapenem-resistant Gram-negative organisms in India, there is a need for more effective antibiotic treatment. The available evidence suggests that Zidavi (ceftazidime-avibactam) is a potential therapeutic option for the treatment of infections complicated by multi-drug resistant (MDR) organisms, Alkem Laboratories said in a statement. The combination has also been approved by the US Food and Drug Administration (USFDA), European … [Read more...] about Alkem Laboratories launches antibiotic medication for multiple drug resistance infections