Business

Business

AESL wins INR 25,000 Cr Bhadla-Fatehpur HVDC Project This is its largest ever order win

January 21, 2025 revoi editor

Ahmedabad, 21 January 2025: Adani Energy Solutions Ltd (AESL), India’s largest private transmission and distribution company and part of the globally diversified Adani portfolio, today said that it has won the prestigious ~Rs 25,000 crore Bhadla (Rajasthan)- Fatehpur (Uttar Pradesh) HVDC (High Voltage Direct Current) order. It is AESL’s largest order win till date, taking […]

Business

Roving Periscope: Fragile ‘ceasefire’ as Israel and Hamas exchange prisoners

January 20, 2025 revoi editor

Virendra Pandit New Delhi: Nobody knows how long would the fragile six-week-long ‘ceasefire deal’ between Israel and Hamas survive but, as it folded on Sunday, the Sunni terror group of the Gaza Strip released three Israeli women hostages as Tel Aviv also released 90 Palestinian prisoners as per terms of the peace deal, which […]

Business

Technology: India is a global hub for digital innovation, says the WEF

January 20, 2025 revoi editor

Virendra Pandit New Delhi: Applauding India for its rapid economic growth and as a frontline country in an age defined by technological revolution, the World Economic Forum (WEF) has said the South Asian nation has become the global hub for digital innovation, the media reported. In an era defined by technological evolution, India stands […]

Business

Legalized plunder: The British Raj siphoned off over $ 100 trillion from India!

January 20, 2025 revoi editor

Virendra Pandit New Delhi: Two of India’s most celebrated diplomats—Dr. S. Jaishankar, and Dr. Shashi Tharoor—and eminent economist Utsa Patnaik underestimated the extent of the British Raj plundering India during the colonial era—nearly USD 45 trillion. For, human rights group Oxfam International has now revealed that the British actually siphoned off more than USD […]

Business

Hindenburg’s Nate Anderson under cloud for sharing report with hedge fund

January 20, 2025 revoi editor

Toronto, Jan 19 : Nate Anderson, ‘activist’ short-seller who has announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario. In a cache of documents filed at […]

Business

Prices: WPI Inflation surged in December 2024

January 17, 2025 revoi editor

New Delhi: India’s Wholesale Price Index (WPI) rose from 1.89 percent in November to 2.37 percent in December 2024, according to data released by the Ministry of Commerce and Industry on Tuesday. It attributed the increase in prices of food items to the rise in manufacturing costs of food products, and the rising costs in […]

Business

Pakistan: For ‘graft,’ Imran gets 14 years, wife Bushra 7 years in jail

January 17, 2025 revoi editor

Virendra Pandit New Delhi: A Pakistani court on Friday convicted former Pakistan Prime Minister Imran Ahmed Khan Niyazi, who has been in jail since August 2023 and facing around 200 court cases since his ouster, and his wife Bushra, in a landmark case of alleged corruption, and sentenced them to 14 years and 7 […]

Business

Need a job? After Japan, China’s firm offers “jobs” to the unemployed!

January 17, 2025 revoi editor

Virendra Pandit New Delhi: A few years ago, one of the leading Japanese multinational companies was reported to have created separate office space for the surplus employees it could not sack because of stringent rules. These “employees” would attend their “duties” daily—they merely played indoor games all day and got paid their salaries for […]

Business

Economy: Amid strong tax revenues, India’s fiscal deficit to shrink further, says WB

January 17, 2025 revoi editor

Virendra Pandit New Delhi: As Finance Minister Nirmala Sitharaman gives the finishing touches to the Union Budget for the next financial year (2025-26), to be tabled on February 1 in the Lok Sabha, the World Bank has said India’s fiscal deficit is expected to shrink further because of growing tax revenues, the media reported […]

Business

Adani Energy’s New Projects, Capital Management Keep Its Growth Story Intact, Says Jefferies

January 17, 2025 revoi editor

After Adani Energy Solutions released its third-quarter update, Jefferies has maintained its ‘buy’ rating on the stock as it sees the company’s growth story remaining intact given its transmission network, project pipeline and its capital management program. The company maintained robust system availability at 99.7% and has added 225 circuit km in its transmission network, […]