Adani Power shares: On Friday, the company announced that its consolidated net profit for the June quarter fell by 15.5% year-on-year to Rs 3,305 crore, down from Rs 3,913 crore in the same period last year. Its revenue from operations also declined by 5.9%, reaching Rs 14,167 crore.
Jio Platforms’ IPO-linked inflows boost rupee; elevated oil prices spur caution
The Indian rupee experienced a notable increase as Jio Platforms’ IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders