Shares of Gautam Adani-led Adani Enterprises are in focus following a 664% YoY jump in consolidated net profit for the September quarter, reaching Rs 1,742 crore. Revenue from operations rose 16% to Rs 22,608 crore. Additionally, the board approved a Rs 2,000 crore fundraising plan through the issuance of Non-Convertible Debentures (NCDs) in one or more tranches.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed