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Adani Portfolio Companies complete INR 15,400 Cr primary equity transaction with IHC

Ahmedabad, 17 May 2022: Abu Dhabi-based global strategic investment company, International Holding Company PJSC (IHC), announced today the completion of a INR 15,400 Crore (USD 2 billion) investment transaction in the Adani Portfolio companies, Adani Green Energy Limited (AGEL), Adani Transmission Limited (ATL) and Adani Enterprises Limited (AEL). IHC has provided capital to Adani Green […]

Sri Lanka: younger bro Gotabaya takes resignation of elder one Mahinda; MP kills one, himself

Virendra Pandit   New Delhi: Amid escalating violence, agitating Sri Lankan masses had a rude shock on Monday when President Gotabaya Rajapaksa, 72, whose resignation they had been demanding for weeks, instead asked his elder brother Mahinda, the 76-year-old Prime Minister, to resign, although the latter had ruled it out recently. His resignation may pave […]

Roving Periscope: Now, CPEC is a ‘white elephant’ for both China and Pakistan!

Virendra Pandit    New Delhi: Once touted as Pakistan’s Khul Ja Simsim (Open Sesame) kind of golden future, the USD 60 billion China-Pakistan Economic Corridor (CPEC) may have turned into a white elephant for both the ‘all-weather-friends’. While Beijing has adopted a go-slow policy. Islamabad is worried that the ultra-ambitious project might threaten the country’s […]