In Short : India’s National Investment and Infrastructure Fund (NIIF) is evaluating the sale of its stake in IntelliSmart, a leading smart power meter company. The move comes as India accelerates nationwide smart metering, attracting strong investor interest. A potential stake sale could reshape IntelliSmart’s ownership, support its expansion plans, and align NIIF’s strategy with […]
Adani eyes Rs 21,000 crore from stake sale in two group firms – EQ Mag
US short-seller Hindenburg Research in January released a damning report alleging accounting fraud and stock price manipulation at Adani Group, triggering a stock market rout that had erased about USD 145 billion in the conglomerate’s market value at its lowest point. Billionaire Gautam Adani’s group will raise Rs 21,000 crore (over USD 2.5 billion) through […]
