Business

Business

Adani Energy Solutions reports strong Q1 FY25 performance

July 25, 2024 Vinayak Barot

Ahmedabad, 25 July 2024: Adani Energy Solutions Limited (“AESL”), part of the globally diversified Adani portfolio and the largest private transmission and distribution company in India with a growing smart metering portfolio, today announced its financial and operational performance for the quarter ended June 30, 2024. https://drive.google.com/file/d/121fSOySXgG65U58H8LLKYQIGgVpzpwBd/view “AESL remains steadfast with commissioning of new lines, […]

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Business

Adani Green Energy Announces Strong Q1 FY25 Results with EBITDA of Rs. 2,374 crore, up by 23%

July 25, 2024 Vinayak Barot

Ahmedabad, 25 July 2024: Adani Green Energy Ltd (AGEL), India’s largest and fastest-growing pure-play renewable energy company, has announced financial results for the quarter ending 30 June 2024, showcasing significant growth and operational excellence.  FINANCIAL PERFORMANCE – Q1 FY25: (Rs. in crore) Particulars Quarterly Performance Q1 FY24 Q1 FY25 % change         […]

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Business

Roving Periscope: Forced to quit, Biden claims he passed the torch to Harris to “save democracy”

July 25, 2024 virendra pandit

Virendra Pandit New Delhi: Four days after quitting the race under mounting Democratic pressure and falling health, and endorsing Vice President Kamala Harris for the November 5 presidential election as his successor, US President Joe Biden on Wednesday claimed that he has passed the torch to the next generation to “save democracy.” In his first […]

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Business

Roving Periscope: Security concerns prompt Trump to skip outdoor rallies

July 24, 2024 virendra pandit

Virendra Pandit New Delhi: Former US President Donald Trump, who survived an assassination attempt on July 13, is planning to stop holding poll campaign rallies outdoors, the media reported on Wednesday. A 20-year-old man, Thomas Matthew Crooks, opened fire at Donald Trump, which narrowly missed his face and grazed the Republican presidential nominee’s ear. The […]

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Business

Mishap: Pilot survives but 19 onboard dead in Nepal aircraft crash, fire

July 24, 2024 virendra pandit

Virendra Pandit New Delhi: At least 19 people, including two crew members, on board, died while the pilot survived when their aircraft crashed and burst into flames soon after it tried to take off at the Tribhuvan International Airport in Kathmandu, Nepal, on Wednesday, the media reported. The plane skidded off the runway soon after […]

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Business

Our visit will boost ties of friendship between Bhutan and Bharat: Bhutanese PM

July 24, 2024 Vinayak Barot

Ahmedabad, Bhutanese Prime Minister Tshering Tobgay, who along with his King Jigme Khesar Namgyel Wangchuck wrapped up their three-day visit to Gujarat on Wednesday, said the trip would strengthen the ties of friendship between Bhutan and Bharat”. In the last leg of their programme in the state, the King and PM of the neighbouring nation […]

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Business

Adani Green Begins Wind Power Generation from The World’s Largest Renewable Energy Plant

July 24, 2024 Vinayak Barot

Adani Green Energy Limited (AGEL), India’s largest renewable energy (RE) company has operationalized 250 MW wind capacity at the world’s largest 30,000 MW renewable energy plant at Khavda, Gujarat. With this milestone, 2,250 MW of cumulative capacity has been made operational at the Khavda plant. It further strengthens AGEL’s leadership in India with the largest […]

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Bhutan King commends Adani’s Mundra, Khavda projects

July 23, 2024 Vinayak Barot

New Delhi, Jul 23 (PTI) A high-level delegation from Bhutan led by its King and the Prime Minister on Tuesday visited Adani Group’s flagship infrastructure project sites at Mundra and Khavda as part of their two-day visit to Gujarat. “Immensely grateful to His Majesty King Jigme Khesar Namgyel Wangchuck of Bhutan and Hon. @PMBhutan Dasho […]

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Business

Torrent Pharma announces Q1 FY25 results

July 23, 2024 Vinayak Barot

Revenue & profitability: Revenue at Rs. 2,859 crores grew by 10% Gross Margin: 75.7%, Op. EBITDA margin at 31.6%, Growth: 14% Net Profit after tax at Rs. 457 crores, up by 21% Other expenses include one-off expenses of Rs. 20 crores (in international business) Adjusted for such one-off expenses, the underlying Op. EBITDA is Rs. […]

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Business

Union Budget FY25: Defense gets highest priority, allocated over Rs. 6 lakh crore

July 23, 2024 virendra pandit

Virendra Pandit New Delhi: Given what the first Chief of Defense Staff (CDS), the late General Bipin Rawat, emphasized that India must prepare for a “two-and-a-half front war” (meaning China, Pakistan, and internal challengers), the FY25 Budget has allocated over Rs. 6 lakh crore this year—the highest allocation to any ministry. This is only 1.9 […]

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