Business

Business

Best is yet to come: Gautam Adani to his 6.7 million shareholders

June 24, 2024 Vinayak Barot

Adani Group Chairman Gautam Adani said, ““Our ability to conceptualize and then handle complexity and execute very large projects in difficult conditions is an unmatched competency that we continue to get better at,” “With India targeted to become a 10 trillion-dollar economy by FY32, the spend on infrastructure is expected to grow at a CAGR of […]

Business

I have always been an optimist, and, as I draw to a close, I want to paint a picture of the future that awaits: Gautam Adani

June 24, 2024 Vinayak Barot

In the Adani Enterprises Annual General Meeting, Gautam Adani said, My dear shareholders, This year marks a very significant milestone. It happens to be our 30th anniversary. It is therefore a good time to look back and celebrate the incredible journey of Adani Enterprises, from its humble IPO in 1994 to the challenges we have faced and […]

Business

Roving Periscope: “They return to India, and China, become billionaires,” says Trump

June 22, 2024 virendra pandit

Virendra Pandit New Delhi: After threatening to deport illegal immigrants en masse, former US President Donald John Trump, whose grandfather migrated from Germany to America over a century ago, has softened his stand on immigration, promising to give automatic Green Cards to foreign students who graduate from US colleges to prevent them from returning to […]

Business

Exploiting staff: The Hindujas appeal against the Swiss court’s order

June 22, 2024 virendra pandit

Virendra Pandit New Delhi: The United Kingdom’s wealthiest family, the Hindujas, said they were appalled by a Swiss court’s ruling of jail terms for some family members in Geneva and that an appeal has been filed in a higher court challenging the verdict finding them guilty of exploiting vulnerable domestic workers, the media reported on […]

Business

Global warming: Hundreds die as millions in 4 continents suffer from heatwaves

June 21, 2024 virendra pandit

Virendra Pandit New Delhi: Not only in Saudi Arabia, where over 1,000 Hajj pilgrims died of heat strokes in recent days but in other countries also, hundreds have perished and millions suffered with extreme temperatures now roiling four continents in the Northern Hemisphere of the planet in what could go down in history as the […]

Business

Hajj: More than 1,000 Muslim pilgrims die in the heatwave in Mecca

June 20, 2024 virendra pandit

Virendra Pandit New Delhi: At least 1,000 Muslim pilgrims, including 68 Indians, who went to perform the Hajj in Mecca (Saudi Arabia), died during the last few days because of an extreme heatwave sweeping the Arabian country, the media reported on Thursday. The media reported that Mecca’s temperature on Wednesday was recorded at 51.8 degrees […]

Business

Weather: Monsoon revives, and advances toward North India

June 20, 2024 virendra pandit

Virendra Pandit New Delhi: After a delay of nearly two weeks, threatening agriculture and the economy across India, the monsoon rains revived on Thursday and were reported advancing towards North India to cover central parts of the South Asian country in the next few days, the weatherman said. India’s financial capital, Mumbai, received widespread rains […]

Business

Roving Periscope: British PM Sunak’s Conservatives face worst poll rout in two centuries

June 20, 2024 virendra pandit

Virendra Pandit New Delhi: The United Kingdom, which in the 1970s-90s was laughing at India’s political instability, has itself seen five Prime Ministers in the last six years. This was the fastest turnover in new occupants of 10, Downing Street in nearly a century. Of them, London saw three PMs in two months, setting a […]

Business

APSEZ shines in World Bank’s global container port rankings

June 19, 2024 Vinayak Barot

Ahmedabad, 19 June, 2024: Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer-cum-operator, has again demonstrated its excellence on the global stage with four of its ports featured in the prestigious Container Port Performance (CPP) Index 2023. While Mundra port was ranked 27, Kattupalli came in at number 57, Hazira at 68 […]

Business

Roving Periscope: After Taiwan, the US tightens the Tibetan screw on China

June 19, 2024 virendra pandit

Virendra Pandit New Delhi: In the 1950s and 1960s, America geopolitically ‘encircled’ the then-Communist bastion of the Soviet Union by stitching together multiple security alliances like NATO, SEATO, and CENTO. Six decades later, it is following a similar policy against China the dyed-in-wool “communist” citadel. While the US-led ‘anti-China’ alliances, in trade, business, and security, […]