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2025-01-24
Mumbai: Several Adani Group stocks rebounded on Friday as traders found value in these shares battered the previous day by concerns over accusations of bribery and fraud against founder Gautam Adani, companies and executives by US prosecutors. Seven out of 11 stocks gained between 1-4% on Friday, but the group's market value eroded by another ₹10,300 crore at close. The sell-off on Thursday had led to the market cap falling by 15.7% or ₹2.24 lakh crore - the third-biggest fall ever. Sanghi Industries, Ambuja Cements and ACC rose 3-4% on Friday and were among the top gainers. Adani Enterprises, the group's flagship company, gained 2.2%. Agencies "We saw traders 'bottom-fishing' the Adani stocks that would be less impacted by the US indictment, which was why some of them went up," said Sunny Agrawal, head of fundamental research at SBI Caps Securities. Adani Green Energy , the company named by the US Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) in the indictment report, fell 8.2% on Friday, extending the losses from the previous day. The stock had lost 19% the previous day. Stock Trading ROC Made Easy: Master Course for ROC Stock Indicator By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading A2Z of Stock Trading - Online Stock Trading Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Technical Analysis Demystified: A Complete Guide to Trading By - Kunal Patel, Options Trader, Instructor View Program Stock Trading A2Z of Stock Market for Beginners: Stock Market Course For Beginners By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Technical Analysis Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Stock Investing Made Easy: Beginner's Stock Market Investment Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Technical Trading Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Mastering Options Selling: Advanced Strategies for Success By - CA Manish Singh, Chartered Accountant, Professional Equity and Derivative Trader View Program Stock Trading Advanced Strategies in Stock Market Mastery By - CA Raj K Agrawal, Chartered Accountant View Program Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Futures Trading Made Easy: Future & Options Trading Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Algo Trading Made Easy By - Vivek Gadodia, Partner at Dravyaniti Consulting and RBT Algo Systems View Program Stock Trading Technical Analysis for Everyone - Technical Analysis Course By - Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities View Program "Adani Green Energy remained lower as the market is uncertain about its outlook," said Agrawal. Agrawal said he sees value in Ambuja Cements, ACC and Adani Ports . "They have credible institutional investments, good assets and cash flows, which could be a good buy for long-term investors at dips," he said. Assembly Election Results Maharashtra Poll Results Highlights 2024 Jharkhand Poll Results Highlights 2024 (You can now subscribe to our ETMarkets WhatsApp channel )Yanks' Judge wins 2nd MVP in unanimous votejolibet php

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Newport Beach, CA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Michael Arrigo of No World Borders has been admitted as an expert in physician compensation by the Superior Court in Stamford, Connecticut. The Court denied a motion in limine aimed to preclude Arrigo’s testimony and opinions, subject to voir dire. Mr. Arrigo was admitted as an expert. The case in question , focused on the lost income of an interventional cardiologist specializing in transcatheter aortic valve replacements (TAVR). Arrigo’s testimony contributed to the court’s understanding of the intricacies of assessing damages related to lost income in the medical profession. Arrigo’s scope of expertise included examining the Fair Market Value (FMV) of physician compensation, comparing productivity using work relative value units (wRVUs), and benchmarking against similarly situated physicians. His analysis encompassed various factors such as medical specialty, geographic location, years of practice, on-call time, etc. Furthermore, his testimony addressed the lost compensation compared to peers at academic medical centers, considering National Institutes of Health (NIH) grants, faculty tenure, and the balance of income derived from teaching versus active medical practice. A leading authority on medical billing and Medicare and Medicaid fraud, Arrigo is recognized for his extensive work in healthcare legislation compliance, including the Health Insurance Portability and Accountability Act (HIPAA), the HITECH Act, and the Patient Protection and Affordable Care Act (ACA). His expertise extends to healthcare IT, electronic health record forensics, and laboratory billing, reinforcing his status as a distinguished expert. Moreover, Arrigo’s knowledge is reinforced by his role as a financial expert under Regulation S-K of the Securities Act of 1933, owing to his leadership in corporate governance, including his service on the board of directors of a publicly traded company. His scholarly contributions include a peer-reviewed article highlighting his clinical documentation improvement research at a leading academic medical center. This research has been pivotal in understanding the significant link between accurate clinical documentation and the evaluation of healthcare services. The court’s decision to recognize Michael Arrigo’s expertise emphasizes his competence in physician compensation and underscores the importance of qualified testimony in complex medical-legal cases. Arrigo’s expertise in the healthcare industry makes him a chosen educator of the trier of fact in litigation, where complex data, medical codes, charges, and payments play a critical role in adjudicating and resolving disputes. About Michael Arrigo Admitted as an Expert in Physician Compensation Mr. Arrigo is one of the leading medical billing experts in the U.S., an expert in Medicare and Medicaid fraud , Medicare Local Coverage Determinations (LCDs), the Medicare Secondary Payer Act (MSPA), HIPAA Privacy and Security, ARRA HITECH Act Protected Health Information Safeguards, Electronic Health Record forensic audit reviews, laboratory testing and laboratory CPT codes, esoteric testing medical bills, the Certification of Electronic Health Record Technology (“CEHRT”) for promoting interoperability and meaningful use, healthcare IT intellectual property, including the use of blockchain and cryptography, and crypto assets, coverage of healthcare benefits under the Patient Protection and Affordable Care Act (“PPACA” or “ACA”) as well as rebuttals to life care plans under the Affordable Care Act . He is the primary author of a peer-reviewed article regarding his research in clinical documentation improvement at a leading academic medical center. Mr. Arrigo was admitted as an expert in corporate governance. He led a Sarbanes Oxley internal IT audit of a Fortune 100 public company; his familiarity with Public Company Accounting Oversight Board (PCAOB) guidance and his current service as a member of the Board of Directors of a public company where he serves on the Audit Committee and as chair of the Compensation Committee, qualified as a financial expert as defined in Item 407(d)(5) of Regulation S-K promulgated under the Securities Act of 1933, as amended (the “Securities Act”). Michael Arrigo 620 Newport Center Drive Suite 1100 Newport Beach, CA 92660 https://www.noworldborders.com MEDIA CONTACT Jennifer Carson (202) 792-4980 jcarson@noworldborders.comEveryone asks me if I want back into football after Hearts sacking – I’ll return on my own terms, insists Naismith

LendingTree CEO Douglas Lebda buys $516,360 in common stockTALLINN, Estonia (AP) — Belarus’ authoritarian leader pardoned 20 more people that rights activists describe as political prisoners, a statement on the president's website said Saturday. The announcement came amid persistent in the run-up to presidential elections next month that are likely to extend Lukashenko's decades-long rule. Belarusian officials did not provide the names of those released, but the statement posted on the website of the president said that all of them had been convicted of “crimes of an extremist nature." The statement said the group included 11 women and 14 of those pardoned suffered from chronic illnesses. “All of those released repented for their actions and appealed to the head of state to be pardoned,” the presidential administration said in a statement, using wording familiar from a series of previous group pardons in the past six months. Saturday’s announcement marks the eighth such pardon by Lukashenko since the summer of 2024. In all, 207 political prisoners have been freed, according to Belarus’ oldest and most established human rights group, Viasna. Most were jailed following mass anti-government protests in 2020, when Lukashenko secured his sixth term in a vote widely condemned as fraudulent. According to Viasna, over 1,250 political prisoners remain behind bars. No prominent opposition figures, many of whom have not been heard from for months on end, have been released. They include Nobel Peace Prize laureate, Viasna founder ; Siarhei Tsikhanouski, who planned to challenge Lukashenko at the ballot box in 2020 but was jailed before the vote; and Viktar Babaryka, who was also imprisoned after gaining popularity before the election. The mass pardons come amid a new wave of repression, said Viasna activist Pavel Sapelka, as Minsk prepares to hold new presidential elections in January 2025 that are likely to hand Lukashenko a seventh term in office. “Lukashenko is sending contradictory signals (to the West), pardoning some but jailing twice as many political prisoners in their place,” Sapelka said. “Repression is intensifying and authorities are trying to root out any signs of dissent before the January elections.” Belarusian authorities engineer for political prisoners, denying them meetings with lawyers and relatives, and depriving them of medical care. At least seven political prisoners have died behind bars since 2020, according to Viasna. , who has ruled Belarus with an iron fist for more than 30 years, is one of Russian President Vladimir Putin’s closest allies, allowing Russia to use his country’s territory to send troops into Ukraine in February 2022 and to deploy some of its tactical nuclear weapons in Belarus. Yuras Karmanau, The Associated PressMANCHESTER, England (AP) — Manchester City's players were booed by their own fans Tuesday after blowing a three-goal lead against Feyenoord in the Champions League to extend their winless run to six games. Jeers rang around the Etihad Stadium after the final whistle of a dramatic 3-3 draw. After five-straight losses in all competitions, City looked to be cruising to victory after going three up inside 50 minutes. But Feyenoord mounted an improbable comeback and leveled the game in the 89th minute to leave the home crowd stunned. While the worst losing streak of Guardiola’s managerial career was brought to an end, his wait for a first win since Oct. 26 goes on. Erling Haaland had scored twice, with Ilkay Gundogan also on target to put City in control. But goals from Anis Hadj Moussa in the 75th, Santiago Gimenez in the 82nd and David Hancko in the 89th turned the game on its head. City's players, including Bernardo Silva, Josko Gvardiol and Haaland looked visibly frustrated as they left the field to cheers of the delirious traveling Dutch fans in the away section of the stadium. City plays Premier League leader Liverpool on Sunday — defeat would leave it 11 points adrift of its title rival. ___ James Robson is at https://twitter.com/jamesalanrobson ___ AP soccer: https://apnews.com/hub/soccer James Robson, The Associated Press

ROSEVILLE, Minn. (AP) — Republicans will start the year with at least a temporary majority in the Minnesota House after a Democrat decided not to appeal a judge's decision that he failed to establish residency in the suburban district he was elected to represent. That means Republicans will have a slim 67-66 majority in the House when the Legislature begins Jan. 14. That may not last long because Gov. Tim Walz has already scheduled a Jan. 28 special election in the Democratic-leaning district that Curtis Johnson won by 30 points in November. “While I disagree with the conclusions reached by the District Court, I recognize that whatever the decision on appeal the ultimate decision belongs to the Legislature, where it appears there is no viable pathway for me being allowed to retain my seat,” Johnson said in his resignation letter Friday. “Rather than dragging this out further, I have decided to resign now, so that a special election can be held as soon as possible.” Ramsey County Judge Leonardo Castro ruled last week that Johnson didn’t live in the Roseville-area district for the required six months ahead of the election and is therefore ineligible to serve. Johnson's Republican challenger, Paul Wikstrom, presented surveillance video and photos in court to show Johnson did not reside in the apartment he claimed as his residence. The St. Paul Pioneer Press reported that the lack of utility hookups and regular activity at the apartment reinforced that conclusion. Republican Rep. Lisa Demuth, who is in line to become House speaker with the GOP in control, said she is pleased the judge's decision will stand. Previously, leaders of both parties had been working out a power-sharing agreement given that the chamber was expected to be divided equally 67-67. “This confirms that Republicans will have an organizational majority on day one, and we look forward to ensuring that a valid candidate represents District 40B in the upcoming legislative session,” Demuth said in a statement. Although Democrats argue that Republicans would need to have at least 68 seats to control the House. The Democrats' narrow one-vote control of the Senate — combined with Walz's veto power — will be able to stop Republicans from being able to pass laws, but the GOP could still push its agenda. Republicans will have working control of committees to advance bills to the floor, which could force Democrats from swing districts to face tough decisions on bills. And Republicans could try to launch investigations they have been seeking for a long time into the Walz administration and problems it has had limiting fraud. Demuth also questioned whether Walz has the power to set the special election so quickly even before the Legislature certifies the vacancy. If that argument prevails that would extend Republican control of the House longer, but the secretary of state's office told Minnesota Public Radio that Walz's order setting the special election is proper. Whenever the election happens, Democrats are confident they will win the seat, current House speaker Rep. Melissa Hortman said. “A prompt special election will allow the voters of District 40B to ensure that they will be represented in the Minnesota House for the bulk of the session,” Hortman said in a written statement. “We expect the district will again vote to elect a Democrat by overwhelming margins.” A pending court challenge in a different suburban district could also affect the balance of power in the House, but it appears Democrats will likely prevail in that dispute. Incumbent Democratic Rep. Brad Tabke, of Shakopee, was declared the winner by 14 votes over Republican Aaron Paul despite 20 missing ballots that were accepted but never counted and then apparently thrown away. At a hearing, his attorneys presented six of those affected voters who testified that they supported Tabke, which would be enough to preserve his win. A judge is expected to decide within the next few weeks how to proceed. The Associated PressFILE PHOTO: Canada's Prime Minister Justin Trudeau looks on, on the day he makes an announcement at Aylesbury Public School in Brampton, Ontario, Canada, November 22, 2024. REUTERS/Carlos Osorio/ File Photo Canadian Prime Minister Justin Trudeau on Saturday condemned violence and antisemitism at anti-NATO and pro-Palestinian protests in downtown Montreal on Friday night, where NATO delegates have gathered for the alliance's annual assembly. Around 300 delegates from NATO members and partner states are meeting in Montreal from Nov. 22-25. Local media reported that protesters burned an effigy of Israeli Prime Minister Benjamin Netanyahu and lit smoke bombs. Two separate protest groups merged into a march, and some protesters started throwing smoke bombs and metal objects at officers policing the demonstration, Montreal police said. Police used tear gas and batons to disperse the crowd and three people were arrested for assaulting officers and obstructing police work. Protesters set two cars on fire and smashed windows as the march was dispersed around 7 pm ET, police said. Videos and pictures posted to social media showed masked rioters burning flares and battering storefront windows. "What we saw on the streets of Montreal last night was appalling. Acts of antisemitism, intimidation, and violence must be condemned wherever we see them," Trudeau said in a post on social media website X. Pro-Palestinian protests have been taking place across Canada since the Israel-Gaza war started late last year. Israel's 13-month campaign in Gaza has killed more than 44,000 people and displaced nearly all the enclave's population at least once, according to Gaza officials. The war was launched in response to an attack by Hamas-led fighters who killed 1,200 people and captured more than 250 hostages in Israel on Oct. 7, 2023, Israel has said. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you. 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