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Druckenmiller bets on Adani; Adani Energy’s $1-bn QIP subscribed 6x with Rs 50k cr demand

New Delhi : Billionaire Stanley Druckenmiller’s family office-led investment firms have made their maiden bet on Adani group, seeking shares of the conglomerate’s power transmission unit in an institutional sale that was oversubscribed six-times and fetching demand of over Rs 50,000 crore against an issue size of USD 1 billion. Duquesne Family Office and two […]

Adani Enterprises Ltd announces Consolidated Results for the quarter ending June 30, 2024

Ahmedabad, August 1, 2024: Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, announced its results today for the quarter ended June 30, 2024 The emerging core infra businesses comprising of ANIL Ecosystem, Airports and Roads are consistently making significant strides in their operational performance. The contribution of these businesses to the overall […]

The Gulf: Employers reject Pakistanis for their “deplorable standards!”

Virendra Pandit New Delhi: Pakistan’s Senate Standing Committee on Overseas Pakistanis has been informed about the “deplorable standards” of the South Asian nation’s workforce, mainly in the Gulf region, which has shifted hiring from other regional countries, like Bangladesh, the media reported on Wednesday. The Senate Committee meeting, chaired by Senator Zeeshan Khanzada, lamented the […]

The UK: After Islamist’s sentence and killing of three kids, mobs target mosque, injure 40 cops

Virendra Pandit New Delhi: Days after British-Pakistani radical Islamist preacher Anjem Choudary, whose followers have been linked to numerous plots around the world, was sentenced to life imprisonment on Tuesday for directing a terrorist organization, and the killing of three children, an angry mob attacked a mosque and injured nearly 40 policemen, the media reported […]

Adani Power announces Q1 FY25 results

Ahmedabad, July 31st, 2024: Adani Power Ltd. [“APL”], a part of Adani portfolio companies, today announced the financial results for the first quarter ended 30th June 2024. Mr. S B Khyalia, CEO, Adani Power Limited, said, “As Adani Power grows from strength to strength, we have undertaken advance development activities to secure execution pipelines for […]

Roving Periscope: By killing Hamas chief in Iran and attacking Lebanon, Israel expands war zone

Virendra Pandit New Delhi: Hamas political bureau chief Ismail Haniyeh, 62, was on Tuesday killed in “a treacherous Zionist attack on his residence in Tehran”, a day after Israel eliminated another key enemy in Lebanon, thus expanding the war zone in the already fragile Middle East, the media reported on Wednesday. Haniyeh was “specially designated” […]
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