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Vinayak Barot

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Business

San Francisco: ‘The road to Biden-Xi meeting in Nov not smooth,’ says China

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Virendra Pandit   New Delhi: Hinting that the Sino-American bilateral relations have come to a halt, Chinese Foreign Minister Wang Yi said the road to the proposed meeting between Presidents Joe Biden and Xi Jinping in November in San Francisco is “unlikely to be smooth.” According to the media reports, Yi said the “road to […]
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Roving Periscope: Angry Muslims build pressure against Israel, worldwide

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Virendra Pandit   New Delhi: Ignoring the Hamas’ brutal invasion of Israel on October 7, which has since left nearly 10,000 people dead and wounded many more on both sides in the ongoing Israeli counteroffensive, Muslim activists across the world are building up pressure on their respective governments to take action against the Jewish nation. […]
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Energy: Sri Lanka renews Lanka-IOC petroleum license for 20 years

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Virendra Pandit   New Delhi: Sri Lanka has renewed the Lanka-Indian Oil Corporation (LIOC)’s petroleum products license for another 20 years. The Lanka-IOC is the local subsidiary of the IOC in the island nation next door to India. The media reported on Monday that the license, originally issued in 2003, was to expire in January […]
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Adani Green Energy Ltd reports H1 FY24 results, Revenue up by 66% YoY to Rs. 4,029 Cr

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Ahmedabad, 30 October 2023: Adani Green Energy Ltd (AGEL), India’s largest and fastest growing pure-play renewable energy company, today announced financial results for the quarter and half year ending 30 September 2023. The performance snapshot for the period is as follows: Capacity Addition & Operational Performance – Q2 & H1 FY24: Particulars Quarterly performance Half […]
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Dhamra LNG terminal built entirely on promoter finance; no fin commitment from IOC, GAIL: Sources

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New Delhi, Oct 29 (PTI) Adani Group built an LNG import facility at Dhamra in Odisha entirely based on financial backing of promoters, with no financial undertaking or guarantees of public sector giants IOC and GAIL, who merely were tenants, sources said. Clarifying the group’s position, they said Indian Oil Corporation (IOC) and GAIL (India) […]
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Roving Periscope: With no mention of Hamas in the resolution, India abstains in the UN vote on Gaza

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Virendra Pandit    New Delhi: India on Friday abstained from voting in the United Nations as the Jordanian-drafted resolution did not mention the Hamas terror group, and the US also expressed outrage at the “omission of evil.” As the ongoing 21-day-old conflict raged between Israel and the Hamas-controlled Gaza Strip, India abstained from voting in […]
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Mine fire: After the death of 32, Kazakhstan terminates ties with ArcelorMittal

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Virendra Pandit    New Delhi: After the second mine fire since August at an Arcelor-Mittal site in Kazakhstan, which claimed 32 lives, the Central Asian nation has terminated “cooperation” with the multinational steel behemoth headed by billionaire Laxmi Mittal. In August, five miners were killed in an accident at a mine in the same region, […]
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Trade: Indo-British negotiations on the FTA reach the final stage; may be signed soon

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Virendra Pandit   New Delhi: India and the United Kingdom, which reviewed the much-awaited Free Trade Agreement (FTA) between them, are likely to ink it in the next few months. The two countries, whose negotiations on the proposed FTA have reached the final stage, reviewed the progress when Union Commerce and Industry Minister Piyush Goyal […]
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Apple: The Tatas acquire Wistron India, to manufacture iPhones by 2025-26

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Virendra Pandit   New Delhi: The Tata Group will start making Apple iPhones in India for domestic and global markets within two and a half years, Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said on Friday. The Tata Group has acquired the India operations of Apple supplier Wistron Corp, which announced […]
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Business

Roving Periscope: As Israel tightens its noose on Gaza, the US strikes Iran-linked Syrian facilities

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Virendra Pandit    New Delhi: As Israel continued relentless air strikes on the Gaza Strip and its tanks and armored vehicles made brief forays into Northern Gaza before returning to their base on the 20th day of its all-out war against the Sunni terror outfit Hamas, the ongoing conflict in the Middle East threatened to […]
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