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Vinayak Barot

Adani Green delivers cash backed redemption plan for USD 750 million Holdco bond

Ahmedabad, 08 January 2024: Adani Green Energy Limited (AGEL) today announced the redemption plan for the USD 750 million 4.375 notes due 09 September 2024 (Holdco Notes). The outstanding amounts of the Holdco Notes shall be fully secured through cash balances set aside as part of various reserve accounts securing the Holdco Notes, eight months […]

Battle of the Begums: B’desh Opposition starts 48-hr strike against “one-sided” elections on Sunday

Virendra Pandit   New Delhi: Fearing electoral reverses once again, Bangladesh’s main Opposition party, the Bangladesh Nationalist Party headed by two-time former Prime Minister Khaleda Zia, and other opposition groups, started a ‘general strike’ on Saturday, ahead of the Sunday elections to Parliament. These opposition parties, supported by Islamic militants, are boycotting the polls, claiming […]

Exports: India optimistic about outgo worth $ 2 trillion by 2030, says Piyush Goyal

New Delhi: As the Indian economy grows by leaps and bounds, the country is targeting to export goods and services worth USD 2 trillion by 2030. Raising this optimism on Saturday, Union Commerce and Industry Minister Piyush Goyal said the country will meet its ambitious export target by 2030, notwithstanding geopolitical headwinds and inflationary concerns. […]

Roving Periscope: Jailed Imran cocks a snook at the Pak army and govt–twice in two weeks

Virendra Pandit    New Delhi: Riding a sympathy wave after Indira Gandhi’s assassination in 1984, when her son Rajiv Gandhi-led Congress won a brute majority, winning 413 of 543 Lok Sabha seats and crushing the Opposition, the media took it upon itself the responsibility of a credible rival to the government. It challenged the arrogant […]

Economy: India outperforming peers, may grow at 6.2% in 2024, says the UN

Virendra Pandit    New Delhi: A United Nations report has said India is projected to grow at 6.2 percent in 2024, supported by robust domestic demand and strong growth in the manufacturing and services sectors. The UN World Economic Situation and Prospects (WESP) 2024 report, launched on Thursday, said the gross domestic product (GDP) in […]

Wealth: With $97.6 billion, Gautam Adani is again Asia’s richest man

Virendra Pandit    New Delhi: India’s billionaire Gautam Adani has reclaimed the top position on the Asian rich list after the Supreme Court reprieve this week. His net worth rose USD 7.7 billion in a day to USD 97.6 billion, making him reclaim the top spot in Asia from compatriot Reliance chief Mukesh Ambani, whose […]

Roving Periscope: Beware of China’s Modi praise—“Hindi-Chini Bhai Bhai 2.0”

Virendra Pandit    New Delhi: Idiots in India are going gaga over China’s latest praise of its Enemy Number One! In his famous treatise, The Art of War, ancient Chinese military strategist Sun Tzu (fifth century BC) advised the rulers to develop good information sources in the enemy country, specifying five types of intelligence gathering, […]

Praggnanandha’s success is an inspiration for countless young Indians to believe: Gautam Adani

Gauttam Adani, a well-known businessman of the country, praised the Indian chess grandmaster and posted on social media saying, It’s a privilege to support Praggnanandhaa as he continues to win laurels in the world of chess and make India proud. His success is an inspiration to countless young Indians to believe that nothing is more gratifying […]

Technology: 60% of Indian startups report increased revenue and profitability in 2023

Virendra Pandit    New Delhi: The funding crunch of 2022 and 2023 may have come as a blessing in disguise for many Indian startups, as 60 percent of startup founders reported increased revenue and profitability in 2023. Also, according to Weathering The Challenges- The Indian Tech Startup Landscape Report 2023, a study undertaken by The […]

Roving Periscope: India politically ready to navigate the 2024 challenges, says EAM Jaishankar

Virendra Pandit   New Delhi: India is ready and politically well-positioned with a fair deal of confidence to navigate challenges in 2024, External Affairs Minister S. Jaishankar said on Wednesday. This year, 2024, would remain turbulent for the world but India is well-positioned politically and economically to navigate the challenges and maintain its rising global […]
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