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

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, […]

In a first, Adani to deploy Hydrogen-Powered Trucks

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 […]

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

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 […]

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

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 […]