Business

Business

Gautam Adani, Nephew Sagar Adani Clear of Bribery Charges as per DoJ Indictment

November 27, 2024 revoi editor

Gautam Adani, nephew Sagar Adani, and senior executive Vneet Jaain are clear of any Bribery charges as per the US DoJ, according to the latest filing with the stock exchanges by a group company—Adani Green Energy Ltd. (AGEL). In its filing, AGEL has cited the news reporting by various media houses on the bribery and […]

Business

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

November 27, 2024 revoi editor

Ahmedabad – Latteys Industries Limited, a NSE-listed leader in energy-efficient submersible pumps, has announced remarkable financial results for the quarter ending September 2024. The company’s revenue surged from ₹1,575 lakhs to ₹1,873.46 lakhs, marking an 18.90% increase compared to the same period last year. Net profit witnessed an impressive growth of 176.38%, rising from ₹25.37 […]

Business

Trump 2.0: Donald threatens tariff war with Canada, China and Mexico

November 26, 2024 revoi editor

Virendra Pandit New Delhi: US President-elect Donald Trump, who is set to take office on January 20, 2025, has vowed to clamp big tariffs on China, Canada, and Mexico over alleged drug smuggling and immigration issues, which could potentially trigger trade wars and inflation, the media reported on Tuesday. He said he would impose a […]

Business

Roving Periscope: Four soldiers killed amid Imran supporters’ march on Islamabad

November 26, 2024 revoi editor

Virendra Pandit New Delhi: Facing dismal economic prospects, terrorist attacks, and relentless sectarian violence, Pakistan on Tuesday stared at a possible civil war as its Army, carrying a shoot-at-sight order, patrolled Islamabad after the death of four members of the paramilitary force Pakistan Rangers when they tried to prevent the supporters of jailed former […]

Business

“East Pakistan”: Bangladesh arrests Hindu monk protesting Islamists’ atrocities

November 25, 2024 revoi editor

Virendra Pandit New Delhi: After more than three months of relentless attacks on Hindu properties and other atrocities on the minority community, the Jamaat-e-Islami-led Islamist government of Mohammed Yunus on Monday arrested a prominent Hindu monk for leading an agitation against the mayhem that began with the ouster of the Sheikh Hasina Wajed regime […]

Business

Roving Periscope: China wary of ‘Trump temblors’—Musk and Ramaswamy’s DOGE

November 25, 2024 revoi editor

Virendra Pandit New Delhi: With only seven weeks remaining before the Donald Trump 2.0 era begins in Washington, China, the US’s biggest economic competitor, is wary of what the proposed Elon Musk-Vivek Ramaswamy-led Department of Government Efficiency (DOGE) would do in America. “There is a huge pressure on China,” an advisor to Chinese President […]

Business

Markets: Promising stability, post-poll results make Sensex and Nifty zoom over 1%

November 25, 2024 revoi editor

Virendra Pandit New Delhi: After the Maharashtra Assembly results promised political and economic stability in the financial capital of India, which beat anti-incumbency fears, and positive global indications, the South Asian nation’s stock markets zoomed over 1 percent on Monday and the Indian rupee appreciated over 10 paise to the US dollar. The stock […]

Business

Adani Portfolio delivers Record H1 and TTM Performance

November 25, 2024 revoi editor

Ahmedabad, 25 November 2024: In line with its commitment to transparency, Adani Group, India’s leading infrastructure conglomerate, today announced the release of Adani Portfolio’s H1 FY25 and Trailing-Twelve-Month (TTM) Results and Credit Compendium. The Results Compendium provides a comprehensive overview of the financial performance of Adani Portfolio and the Credit Compendium offers in-depth insights into […]

Business

USIRC Urges Resilient, Trusted, Hassle-Free, and Strong Trade Partnership between the US and India

November 24, 2024 revoi editor

USIRC urges for resilient, trusted, hassle-free and robust business partnership between United States and India amidst extraneously vitiated business environs. United States and India are two big countries, two great polities, two reputed value systems, two mature democracies and two big economies as well. Together these two nations constitute almost one third of global nominal […]

Business

IMF conditions: Pak ministries at odds on gas supply cut to industries, power plants

November 23, 2024 revoi editor

New Delhi: Cash-strapped Pakistan’s finance and energy ministries are at loggerheads over implementing a key condition imposed by the International Monetary Fund (IMF) to reduce gas supplies to industries and power plants by January 2025, as part of the USD 7 billion bailout agreement. During a recent meeting at the Prime Minister’s House, the Petroleum […]