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PMLA: With ED’s actions, PSBs get back over Rs.15k crore, says Sitharaman

Virendra Pandit   New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the Enforcement Directorate (ED) has confiscated assets worth Rs 15,186.64 crore under the stringent Prevention of Money Laundering Act (PMLA) and almost all of these have been restituted to public sector banks (PSBs). Replying to supplementary questions in the Rajya Sabha, she said […]

US Examined Hindenburg Allegations Before Giving Loan to Adani

The US government concluded that short-seller Hindenburg Research’s allegations of corporate fraud against Indian billionaire Gautam Adani weren’t relevant before extending his conglomerate as much as $553 million for a container terminal in Sri Lanka, a senior US official said.  Allegations in a scathing report by US-based Hindenburg Research, which erased around $100 billion from […]

Adani holds Green X Talks to mark International Day for Persons with Disabilities

Ahmedabad, 4 December 2023: To mark the International Day for Persons with Disabilities (December 3), the Adani Group organised Green X Talks where individuals with disabilities, who have conquered multiple barriers with their resilience and dedication, shared their life stories. The programme, held at Adani Corporate House in Ahmedabad on December 4, brought to the […]

Roving Periscope: Concerns about the revival of the Christian v/s Muslim sentiments

Virendra Pandit   New Delhi: The election victory of an ‘anti-Muslim’ leader in the Netherlands in the West, and the Islamist terrorists bombing a Catholic mass service and killing four people in the Philippines in the east have reignited the fears of Christian versus Muslim sentiments, reminiscent of the post-9/11 apprehensions worldwide. At least four […]

Markets: BJP’s landslide win fire up bourses; Adani shares shine

Virendra Pandit   New Delhi: The world’s largest political party—Bharatiya Janata Party—not only retained its Madhya Pradesh stronghold but also wrested two other states—Rajasthan and Chhattisgarh—from its principal rival, Indian National Congress (INC), on Sunday, sending out a clear message that Prime Minister Narendra Modi would continue to lead the world’s largest democracy after the […]