Business

Business

Adani Enterprises Limited Announces Maiden Public Issuance of Secured Non-Convertible Debentures

August 29, 2024 Vinayak Barot

Ahmedabad, August 29, 2024:  Adani Enterprises Limited (“the Company” or “AEL”), the flagship company of the Adani Group and one of India’s largest business incubators in terms of market capitalization with a long track record of creating sustainable infrastructure businesses since 1993, has announced the launch of its maiden public issuance of secured, rated, listed […]

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The Maldives: Muizzu claims a “financial coup;” Opposition debunks it

August 28, 2024 virendra pandit

Virendra Pandit New Delhi: Bangladesh witnessed a “coup” in July, barely seven months after parliamentary polls returned Sheikh Hasina Wajed to power. Now, India’s other neighbor, the Maldives, may also witness political instability just 10 months after its general elections. For, the Maldives’ pro-China President Mohamed Muizzu, elected in November 2023 on an anti-India plank, […]

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Roving Periscope: Is peace ‘breaking out’ between Russia and Ukraine?

August 27, 2024 virendra pandit

Virendra Pandit New Delhi: It’s how a great power play is unfolding in our century. More than 900 days after the ongoing Russian invasion of Ukraine started on February 24, 2022, some indications suggest that the two war-fatigued neighbors may be looking for an honorable exit route to smoke the peace pipe. Prime Minister Narendra […]

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Roving Periscope: Md Yunus faces “mountain-like challenges” as Muslims grab more Hindu properties

August 26, 2024 virendra pandit

Virendra Pandit New Delhi: Nearly 20 days after taking charge as the Chief Advisor to the Interim Bangladesh Government, Nobel Peace Laureate Muhammad Yunus, 84, is discovering “mountain-like challenges” he is facing, and urged the restive people to observe patience. Few may, however, be listening to his fervent appeals. For, students are clashing with para-military […]

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Pakistan: Baloch terrorists identify, kill 31 Punjabi passengers, torch their vehicles

August 26, 2024 virendra pandit

Virendra Pandit New Delhi: Pakistan is now getting a taste of its own ‘medicines.’ It had trained terrorists to identify and selectively kill the people in Punjab, and Jammu and Kashmir since the 1980s. That’s what the Baloch terrorists are doing now. Baloch terrorists identified and killed at least 31 Punjabi people in two separate […]

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Business

The next revolution: RBI to launch an Unified Lending Interface

August 26, 2024 virendra pandit

Virendra Pandit New Delhi: After the spectacular success of the Unified Payments Interface (UPI) in India and some other countries, the Reserve Bank of India (RBI) is set to launch a Unified Lending Interface (ULI) to transform the South Asian country’s lending space. “Just like UPI transformed the payments ecosystem, we expect ULI will play […]

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Ukraine: If the world stops buying its oil, Russia to face challenges, says Zelenskyy

August 24, 2024 virendra pandit

Virendra Pandit New Delhi: If the world, including India, stops buying its subsidized oil, Russia will face major economic challenges, Ukrainian President Volodymyr Zelenskyy said on Friday. According to the media reports, during his bilateral talks with visiting Indian Prime Minister Narendra Modi, Zelenskyy said, Putin has nothing except for oil, and his main currency […]

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Roving Periscope: “Extremely serious consequences if you elect Trump,” Harris warns US voters

August 24, 2024 virendra pandit

Virendra Pandit New Delhi: The Democratic Party’s new candidate, Kamala Harris, 59, has warned the American voters against electing her Republican rival Donald Trump as it could lead to “extremely serious consequences.” In her Thursday night acceptance speech, she took forward President Joe Biden’s earlier attempt, wherein he framed voters’ choice in November to dark […]

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Roving Periscope: PM Modi meets Zelenskyy in Kyiv; pay tributes to Gandhi

August 23, 2024 virendra pandit

Virendra Pandit New Delhi: Six weeks after his high-profile meeting with Russian President Vladimir Putin in Moscow, Prime Minister Narendra Modi on Friday met Ukrainian President Volodymyr Zelenskyy with a warm hug, as soon as he alighted from a special train from Poland after a 7-hour journey, amid Kyiv’s fresh military offensive into the Russian […]

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Fund diversion: SEBI imposes heavy fines, bars Anil Ambani, and others for 5 years; group stocks tank

August 23, 2024 virendra pandit

Virendra Pandit New Delhi: In a significant move, markets regulator Securities and Exchange Board of India (SEBI) has imposed heavy fines and barred businessman Anil Ambani and 24 other entities, including former key officials of his public-listed Reliance Home Finance Ltd (RHFL), from the securities market for five years for alleged diversion of funds from […]

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