Business

Business

Adani Green Energy Ltd – 30%-40% CAGR story, available at attractive valuations – EMKAY

August 12, 2024 Vinayak Barot

Emkay has come out with an initiating coverage on Adani Green Energy Ltd, with a target price of Rs 2550—50% upside. Revenues CAGR of 35% from FY24-FY30 – Gujarat (Khavda) and Rajasthan sites (most resource-rich sites globally) will help AGEL grow its revenues at 35% CAGR, giving a clear runway of another 50 GW, plus […]

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The latest allegations by Hindenburg are a malicious, mischievous and manipulative selection of publicly available information: Adani Group

August 11, 2024 Vinayak Barot

Adani Group spokesperson said, The latest allegations by Hindenburg are malicious, mischievous and manipulative selections of publicly available information to arrive at pre-determined conclusions for personal profiteering with wanton disregard for facts and the law. We completely reject these allegations against the Adani Group which are a recycling of discredited claims that have been thoroughly investigated, […]

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Roving Periscope: Bangladesh “students” now force the SC Chief Justice to ‘agree’ to resign

August 10, 2024 virendra pandit

Virendra Pandit New Delhi: Having tasted blood after ousting Prime Minister Sheikh Hasina Wajed from power on Monday, the “students” of Bangladesh on Saturday forced Supreme Court Chief Justice Obaidul Hassan to ‘agree’ to resign. The CJ agreed to resign “in principle” following intense pressure from protesters surrounding the Supreme Court, broadcaster Jamuna TV reported. […]

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The Maldives: India to introduce UPI services, says Dr. Jaishankar

August 10, 2024 virendra pandit

Virendra Pandit New Delhi: After months of acrimony, India and the Maldives are resetting their bilateral relations and New Delhi has agreed to launch its internationally acclaimed United Payments Interface (UPI) digital payment services in the neighboring island nation in the Indian Ocean. On Friday, India and the Maldives signed an agreement to introduce the […]

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Roving Periscope: Economic woes a big challenge to post-Hasina regime in Bangladesh

August 9, 2024 virendra pandit

Virendra Pandit New Delhi: As this week’s political firestorm cools down in Bangladesh, and the interim government, headed by Nobel Peace Laureate Muhammad Yunus, 84, braces to meet the critical challenges ahead, it now emerges that a sudden economic downturn in an otherwise well-doing South Asian nation quickly spiraled into an unprecedented political crisis that […]

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Money laundering: With FATF’s nod, Modi govt may speed up anti-corruption drive

August 9, 2024 virendra pandit

Virendra Pandit New Delhi: In a highly significant development with potentially long-term consequences, the Financial Action Task Force (FATF)—the global watchdog that probes terror funding and money laundering—has asked India to improve due diligence on the bank accounts of politicians, government officials and their families, the media reported on Friday. This report is significant as, […]

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The UK: Month-old Starmer govt faces counter-riots; “civil war inevitable,” says Elon Musk

August 8, 2024 virendra pandit

Virendra Pandit New Delhi: For centuries, the erstwhile British Empire controlled the continents and the oceans through its divide-and-rule policy. Now it is getting the taste of its own medicines: pro and anti-immigrant demonstrations—mainly for and against the Muslims—have put the newly-installed Labour Government in a quandary within weeks of its installation. As his country […]

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Roving Periscope: “Violence is the enemy,” Yunus says and appeals for calm in Bangladesh

August 8, 2024 virendra pandit

Virendra Pandit New Delhi: Hours before taking oath on Thursday evening as the Interim Prime Minister of trouble-torn Bangladesh, Nobel Peace Laureate Muhammad Yunus made a fervent appeal to the people to stay calm and “refrain from all kinds of violence” to make the best use of their new victory. Dr. Yunus, whom Prime Minister […]

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Burning Bangladesh: Pak calls for ‘normalcy,’ as India evacuates nonessential staff

August 7, 2024 virendra pandit

Virendra Pandit New Delhi: In its first reaction to the Bangladesh imbroglio, Pakistan on Wednesday expressed hope for a “peaceful and swift return to normalcy” in the breakaway country which was known as East Pakistan until 1971. As the ousted former PM Sheikh Hasina, who is waiting in India ahead of taking political asylum elsewhere, […]

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Roving Periscope: Bangladesh may return to seed, in (East) Pakistan!

August 7, 2024 virendra pandit

Virendra Pandit New Delhi: Many Pakistanis are celebrating the fall of the Hasina regime, believing they have avenged the split of 1971. With all-around anarchy, mayhem, wanton arson, and bloodshed, a promising Bangladesh now resembles what it was until 1971: East Pakistan. Of course, (West) Pakistan also looks like going to seed—but Islamabad has the […]

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