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Dick Smith goes into voluntary administration

Dick Smith has gone into voluntary administration, with receivers appointed to try to claw back debt owed to the company’s creditors. The electronics goods chain entered a share trading halt on Monday, pending an announcement about its “funding position and debt financing covenants”, and on Tuesday morning it announced that advisory firm McGrath Nicol had…

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Adani Power announces Q2 FY27 results

Record Revenue and Profitability Mark Strong Q2 FY27 Performance 142% Y-o-Y growth in PAT to ₹7,019 Crore, Driven by Strong Operating Performance Amid Rising Power Demand 46% Y-o-Y growth in Q2 FY27 Reported EBITDA at Rs. 8,743 Crore (Continuing EBITDA Rs. 6,321 Crore) 39% Y-o-Y growth in Q2 FY27 Reported Revenue at Rs. 19,951 Crore…