Sudarshan Varadhan
Stories by Sudarshan Varadhan
Adani bribery charges highlight India’s clean energy conundrum
U.S. authorities allege that Adani conspired to devise a $265 million scheme to bribe Indian state government officials to secure solar power supply d
India’s Life Insurance Corporation files draft papers for $8b IPO
The IPO is seen as a test of investor appetite for new offerings.
How shares of India’s Adani Group shed $26b in market value in a week
Three Mauritius funds, among the top foreign investors in Adani group, were reported to be frozen.
India: Adani shares fall after freeze placed on foreign funds
Adani Enterprises plunged as much as 25%, its steepest fall in nearly a decade.
India’s Adani Ports may abandon Myanmar project if found to violate US sanctions
A write-down would not have a material impact as the project accounts for only about 1.3% of the company's total assets, it said.
Hedge fund Kyma Capital to take Vedanta dispute to US regulators
Kyma is going to the SEC to put more pressure on Vedanta’s board to get the loans repaid sooner.
India: Reliance acquires 96% stake in furniture retailer Urban Ladder
Reliance Retail Ventures Limited has the option of buying the remaining stake in the company.
WhatsApp gets approval to launch payments feature in India
It will compete with Google Pay, SoftBank- and Alibaba-backed Paytm and Walmart's PhonePe.
Google blocks Chinese app TikTok in India after court order
The move comes hours after a court in southern Tamil Nadu state refused a request by China's Bytedance Technology to suspend a ban on its TikTok app
PE firm Actis close to acquiring solar power portfolio from India’s Shapoorji Pallonji
The acquisition will be done at an equity valuation of around $168 million.
