Business

Business

Defaulters: Pakistan to block SIM cards of over 5 lakh tax evaders’ mobile phones

May 1, 2024 virendra pandit

Virendra Pandit New Delhi: In a surprise move, nearly bankrupt Pakistan has decided to block the SIM cards of more than five lakh defaulters as part of the drive to take action against tax evaders to force them to pay up or suffer. The Federal Board of Revenue (FBR), in an Income Tax General Order […]

Business

Adani Power announces Q4 FY24 results

May 1, 2024 Vinayak Barot

Ahmedabad, May 1st, 2024: Adani Power Ltd. [“APL”], a part of Adani portfolio companies, today announced the financial results for the fourth quarter ended 31st March 2024. Commenting on the quarterly results, Mr. Gautam Adani, Chairman, Adani Group said, “As India transitions to a more sustainable energy future, the Adani Portfolio of companies will continue […]

Business

Canada: Opp leader Poilievre calls PM Trudeau “wacko”, ejected from Parliament

May 1, 2024 virendra pandit

Virendra Pandit New Delhi: A day after India registered a strong protest to the raising of pro-Khalistani slogans in the presence of Justine Trudeau, the Canadian Parliament ejected the Opposition leader Pierre Poilievre, viewed as the current Prime Minister’s successor, as the troubled North American country heads to general elections by October 2025. Poilivre had […]

Business

Espionage claims: Australia sidesteps media reports it expelled “Indian spies” in 2020

May 1, 2024 virendra pandit

Virendra Pandit New Delhi: In a tightrope walk, Australia has sidestepped purported media reports that it expelled “Indian spies” in 2020. Ever since India started buying discounted Russian oil after the Russia-Ukraine war started in February 2022, the America-led West has been trying to drive a wedge between New Delhi and Moscow. It is attempting […]

Business

Adani Wilmar Limited : FY’24 revenue at INR 51,262 Crores

May 1, 2024 Vinayak Barot

The Company’s sales volume continues to grow well, and we have witnessed strong volume growth in both edible oils and foods businesses during the quarter and for the full year, driven by increased retail penetration. The Company recorded revenue of INR 13,238 crores in Q4’24. While edible oils grew by 11% and Food & FMCG […]

Business

Ambuja Cements delivers lifetime highest annualised PAT

May 1, 2024 Vinayak Barot

Ahmedabad, 1st May 2024: Ambuja Cements, the cement and building materials flagship of the diversified Adani Group, today announced a record-setting standalone and consolidated financial results for Q4 and full year ended March 31, 2024. This strong performance is driven by improved KPIs in all operational parameters. Mr. Ajay Kapur, Whole Time Director & CEO, […]

Business

APSEZ Secures AAA Rating – India’s First Private Infrastructure Developer With AAA

May 1, 2024 Vinayak Barot

Ahmedabad, 01 May 2024: Adani Ports and Special Economic Zone (APSEZ), proudly announces revision of its credit rating to AAA by CARE Ratings. The top most rating signifies highest level of credit worthiness and the ability to fulfill all its financial guidance. With this development, APSEZ has become the first large sized private infrastructure developer […]

Business

Pannun “murder plot”: India dismisses Washington Post’s report

April 30, 2024 virendra pandit

Virendra Pandit New Delhi: The External Affairs Ministry on Tuesday dismissed a report by the Washington Post, that claimed an Indian spy agency’s alleged involvement in a failed murder attempt against US-based Khalistani terrorist-separatist Gurpatwant Singh Pannun. The newspaper even named a Research and Analysis Wing (RAW) official who it claimed orchestrated the purported murder […]

Business

Roving Periscope: Pro-Palestinians ‘take over’ Columbia varsity hall in the US!

April 30, 2024 virendra pandit

Virendra Pandit New Delhi: It does not happen only in India—ahead of elections—when anarchists of all hues masquerade as “students,” pick up “causes” to hog the limelight, and spark chaos in educational institutions, their soft launchpad for a career in full-time politics. Just six months ahead of the presidential elections in the United States, also, […]

Business

Economy: IMF positive on Asia growth prospects for India and China in 2024

April 30, 2024 virendra pandit

Virendra Pandit New Delhi: The International Monetary Fund (IMF) has boosted its growth forecast for Asia in 2024, reflecting a positive outlook for the region’s two largest economies—India and China—on the back of their governments’ stimuli. Asia is set to expand 4.5 percent this year from 2023, 0.3 percentage points higher than the October regional […]