TotalEnergies’ India squall hits at a tricky time gfhay
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TotalEnergies net profits double to record $36.2 bln in 2022French oil major TotalEnergies posted a record net profit of $36.2 billion in 2022, double the previous year, joining in the sector's bumper earnings thanks to higher oil and gas prices since Russia invaded Ukraine.
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Adani Group’s troubles spur protests in India as stock turmoil turns politicalDemonstrators from the opposition Congress party demanded an investigation into allegations of fraud and stock price manipulation by India’s second-biggest business group.
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India's Adani crisis spills over into street protests as losses top $110 blnThe crisis engulfing the Adani Group intensified on Monday as hundreds of members of India's opposition parties took to the streets to press for a probe into allegations by a U.S. short-seller against the conglomerate which triggered its market rout.
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Analysis: Despite stupendous win on Adani, India short-selling boom unlikelyHindenburg Research's spectacular short bet against India's Adani group could lead other investors to consider using similar strategies in the South Asian nation but regulatory hurdles and shareholding constraints will make them tough to implement.
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INDIA RUPEE Rupee set for muted open; U.S. yields soar, key 82.90/$ level in focusThe Indian rupee is expected to open little changed to the dollar on Tuesday with a focus on surging Treasury yields and a crucial support level.
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