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The maliciously mischievous, unresearched report published by Hindenburg Research has adversely affected the Adani Group, shareholders and investors

January 26, 2023 Vinayak Barot

The maliciously mischievous, unresearched report published by Hindenburg Research on 24 Jan 2023 has adversely affected the Adani Group, our shareholders and investors. The volatility in Indian stock markets created by the report is of great concern and has led to unwanted anguish for Indian citizens. Jatin Jalundhwala, Group Head – Legal, Adani said. Clearly, […]

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The Adani Group, which is India’s leader in infrastructure and job creation

January 25, 2023 Vinayak Barot

We are shocked that Hindenburg Research has published a report on 24 January 2023 without making any attempt to contact us or verify the factual matrix. The report is a malicious combination of selective misinformation and stale, baseless and discredited allegations that have been tested and rejected by India’s highest courts, Jugeshinder Singh, Group CFO, […]

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Mukesh Ambani Beats Google and Microsoft CEOs in Brand Guardianship Index

January 22, 2023 Editor In Chief

NEW DELHI, Jan22: Reliance Industries’ chairman and managing director Mukesh Ambani ranked number one in India and globally number two of all the top 100 global CEOs in the Brand Guardianship Index (BGI). The BGI has released their list of all CEOs for 2023 with Ambani ranking first in India and second globally surpassing Google […]

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Labor markets: India should work more, says IMF’s Gita Gopinath

January 18, 2023 virendra pandit

Virendra Pandit New Delhi: While applauding the Indian economy for doing better than many economies, International Monetary Fund (IMF)’ s Deputy Managing Director Gita Gopinath said on Wednesday that the Asian nation needs to work more on labor markets and land. On the sidelines of the ongoing World Economic Forum (WEF)’s meeting at […]

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Roving Periscope: From this weekend, China may witness 36,000 Covid deaths, daily

January 18, 2023 virendra pandit

Virendra Pandit New Delhi: Fears of a dark Covid-19 winter in rural China grew exponentially this week as the Asian country descended into uncertainty. Just four days ahead of the Lunar New Year (January 22-23), the media reported on Wednesday that China is likely to see nearly 36,000 Covid deaths a day during this […]

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In a first, Adani to deploy Hydrogen-Powered Trucks

January 17, 2023 Vinayak Barot

Ahmedabad, 17 January 2023: Adani Enterprises Limited (AEL), part of the diversified Adani portfolio of companies, today signed an agreement to launch a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation with Ashok Leyland, India, and Ballard Power, Canada. This collaboration marks Asia’s first planned hydrogen powered […]

Business

Pension: As Montek warns against ‘revadis’, RBI cautions states on reverting to the old scheme

January 17, 2023 virendra pandit

Virendra Pandit New Delhi: The Reserve Bank of India (RBI) has cautioned the states against reverting to the Old Pension Scheme (OPS) for government employees, saying it poses a major risk on the “subnational fiscal horizon” and would result in the accumulation of unfunded liabilities in the coming years for them. Recently, several economists […]

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Roving Periscope: China shocks Pakistan as UNSC declares Makki a “global terrorist”

January 17, 2023 virendra pandit

Virendra Pandit New Delhi: Failing rapidly as a nation-state amid collapsing economy, widespread famine-like conditions, and the looming threat of a civil war, Pakistan on Monday was rudely shocked when its “all-weather” friend China ditched it at the United Nations, enabling the Security Council to pronounce Pakistan-based Lashkar-e-Tayyaba deputy chief Abdul Rehman Makki a […]

Business

Adani Group pledges to grow 100 Mn trees by 2030

January 17, 2023 Vinayak Barot

Ahmedabad, The Adani Group, India’s largest and fastest growing portfolio of diversified businesses has pledged to grow 100 million trees by 2030. This pledge was made on 1t.org the “Trillion Trees Platform” of the World Economic Forum. Adani Group’s commitment to growing 100 million trees by 2030 is the largest 1t.org pledge in India so […]

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WEF: India, B’Desh may benefit in likely global recession in 2023

January 16, 2023 virendra pandit

Virendra Pandit New Delhi: A global recession is likely this year but India and Bangladesh may benefit from global trends, the World Economic Forum (WEF) said on Monday. Pressures on food, energy, and inflation may peak in 2023, the WEF, in its Chief Economists Outlook Survey, said, according to the media reports. Some economies […]

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