Adani Group shares surged following Sebi’s clearance of the conglomerate and its founder from Hindenburg Research’s accusations of stock manipulation and accounting fraud. The regulator found no evidence of fraudulent transactions, boosting investor confidence and adding ₹66,000 crore to the group’s market capitalization.
IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY
IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding