Business

Business

Ambuja Cements delivers a steady performance in Q2 FY’25

October 28, 2024 revoi editor

Ahmedabad, 28 October 2024: Ambuja Cements, the most trusted legacy cement brand, one of India’s largest cement and building materials company and part of the diversified Adani Group today announces steady financial performance for Q2 and first half-year(H1) of FY’25. This performance is supported by healthy volume growth, increasing scale of operations, value extraction of […]

Business

Bangladesh: Minority Hindus take out massive rally, demand justice

October 26, 2024 revoi editor

Virendra Pandit New Delhi: Under relentless attacks and repression from Muslim fundamentalists since the ouster of Prime Minister Sheikh Hasina Wajed in August, the Bangladeshi minority Hindus on Friday took out a massive rally in Chittagong and demanded justice from the Interim Government led by Chief Advisor Muhammed Yunus, the media reported. Following Sheikh […]

Business

Law and order: Pakistan is the world’s “third worst” country, says WJP

October 26, 2024 revoi editor

Virendra Pandit New Delhi: In a dubious distinction, the World Justice Project (WJP) has ranked Pakistan at number 140, as the “third-worst” nation in terms of law and order, among the 142 countries surveyed. Mali and Nigeria are the only countries ranked lower than Pakistan in terms of law and security. The WJP Rule […]

Business

Roving Periscope: Two weeks before the US polls, Israel starts ‘softening’ Iran

October 26, 2024 revoi editor

Virendra Pandit New Delhi: Expecting a favorable Republican nominee Donald Trump’s return to the White House after the November 5 presidential election, Israel on Saturday started ‘softening’ the Shia-ruled Iran before a likely full-scale war, with tacit support from the Sunni Arabs around the Gulf of Persia. Before escalating the war three weeks ago, […]

Business

Torrent Pharma announces Q2 FY25 results

October 25, 2024 revoi editor

Torrent Pharma announces Q2 FY25 results. Revenue at Rs. 2,889 crores grew by 9%, Gross Margin: 76.5%, Op. EBITDA margin at 32.5%. Op. EBITDA at Rs.939 crores, up by 14%. Net Profit after tax at Rs. 453 crores, up by 17%, Insulin revenues were impacted this quarter due to scheduled shutdown taken in the month […]

Business

Disengagement: India and China start pulling out soldiers in East Ladakh

October 25, 2024 revoi editor

Virendra Pandit New Delhi: Two days after the bilateral meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping, India and China started troops disengagement in East Ladakh, which is expected to be completed by next week, the media reported on Friday. Patrolling will begin at the two friction points once the disengagement […]

Business

Roving Periscope: PM Modi cautions BRICS-Plus not to turn ‘anti-West’

October 25, 2024 revoi editor

Virendra Pandit New Delhi: As the global organization representing emerging economies, the BRICS bloc, heads to its 20th anniversary in 2026, it will have to decide whether it remains an economic bloc, or turns into a political one. Aware that some of the members of the BRICS group might ‘misuse’ the bloc to turn […]

Business

Pakistan: Ex-PM Imran’s wife Bushra gets bail, released, in Toshakhana case

October 24, 2024 revoi editor

Virendra Pandit New Delhi: Bushra Bibi, the controversial wife of former Pakistan Prime Minister Imran Ahmed Khan Niazi, was released from prison nearly nine months after the couple was sentenced in a case linked to the illegal sale of state gifts, the media reported on Thursday. While Khan has remained behind bars since August […]

Business

Roving Periscope: “Quit by Oct 28… or else,” angry Liberals MPs’ ultimatum to Trudeau

October 24, 2024 revoi editor

Virendra Pandit New Delhi: Amid the continuing crisis with India, and after last week’s reports that several Liberal MPs asked Justin Trudeau to resign, a fresh rebellion broke out in the ruling party on Wednesday when at least 24 of his party lawmakers, panicked at the prospects of losing power next year—or even before—demanded the […]

Business

Adani Wilmar : Highest-ever half-yearly operating EBITDA in H1‘25 at INR 1,232 crores, growth of 349% YoY

October 24, 2024 revoi editor

The Company continues to demonstrate strong sales performance, delivering substantial volume growth in both edible oils and foods businesses during the quarter. The Company recorded revenue of INR 14,460 crores in Q2’25, which is a growth of 18% YoY with an underlying 12% YoY volume growth. Edible oils and Food & FMCG segments delivered strong […]