Business

Business

Adani portfolio’s record profit growth, robust credit profile set stage for unrivalled green investments

February 29, 2024 Vinayak Barot

Ahmedabad, 29 February 2024: In line with our commitment to upholding the highest standards of transparency, we are pleased to release the Adani portfolio’s results, credit and ESG compendium. It offers insights into the quarterly and trailing twelve-month (TTM) financial performance of the portfolio, reinforcing our dedication to providing clear and detailed information to stakeholders […]

Read more

Business

Economy: India’s GDP grows at 8.4% in Q3FY24; economy to expand at 7.6% in FY24

February 29, 2024 virendra pandit

Virendra Pandit New Delhi: India’s economic growth accelerated to 8.4 percent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining quarrying, and construction sectors. The Indian economy recorded a growth of 8.4 percent in the third quarter of this fiscal (October-December 2023), according to data released by the National […]

Read more

Business

The Gaza War: Over 30k dead since Oct 7; 576,000 face famine now

February 29, 2024 virendra pandit

Virendra Pandit New Delhi: A major humanitarian crisis is unfolding in the Middle East as the number of dead in the ongoing Gaza War has crossed the 30,000 mark and over 576,000 Gazans face famines in the coming days. The United Nations has said at least 576,000 people in the war-torn Gaza Strip are only […]

Read more

Business

Pakistan: Three-time PM, Nawaz takes oath as ‘ordinary’ MNA

February 29, 2024 virendra pandit

Virendra Pandit New Delhi: He is the ‘power’ behind the uneasy throne—politically—who will do the backseat driving for his younger brother, the new Prime Minister-designate of Pakistan. And he is aware he is himself being backseat-driven by the Pakistan Army. This, in a nutshell, is the current status of Mian Mohammed Nawaz Sharif, three-time PM, […]

Read more

Business

Roving Periscope: “National extinction” fears worry China, Japan, South Korea, and more…

February 29, 2024 virendra pandit

Virendra Pandit New Delhi: Imagine China, the world’s most populous country until November 2023, reporting no new birth at all in two months of 2024… a South Korean businessman offering USD 75,000 as a bonus to each of his workers for producing a kid…and Japan is worried about its increasingly emptying roads… For, population, statisticians […]

Read more

Business

Ukraine: Russia happy at the French humiliation and NATO’s disarray

February 28, 2024 virendra pandit

Virendra Pandit New Delhi: Two years after Russia launched its “special military operation” in Ukraine on February 24, 2023, the US-led West’s bravado and sanctions have largely failed to be disruptive. On the contrary, Washington and its NATO allies seem exhausted from aiding Ukraine with money and arms, and the anti-Russian coalition’s disarray is out […]

Read more

Business

Roving Periscope: Insecure, British MPs feel Gaza War heat; to get extra security

February 28, 2024 virendra pandit

Virendra Pandit New Delhi: A century ago, they ruled the world, and their Union Jack reigned the Seven Seas. They were the predominant global power and their word was the law of the planet. Those were halcyon days of the British Empire…until 1997 when the Crown exited from its last colony, Hong Kong. The British […]

Read more

Business

Torrent Power Limited had emerged as the Successful Bidder for “Transmission System for Evacuation of Power from RE Projects in Solapur (1500 MW) SEZ in Maharashtra”

February 28, 2024 Vinayak Barot

Torrent Power Limited has emerged as the Successful Bidder and has received Letter of Intent from PFC Consulting Limited on February 27, 2024 for Establishment of Inter-state transmission scheme “Transmission System for Evacuation of Power from RE Projects in Solapur (1,500 MW)SEZ in Maharashtra” under Tariff Based Competitive Bidding (TBCB) Process. The project has been […]

Read more

Business

Roving Periscope: WB Governor Bose’s 72-hour deadline to Mamata for Shahjahan’s arrest, or else…

February 27, 2024 revoi editor

Virendra Pandit    New Delhi: West Bengal is hotting up for a possible President’s Rule. Last week, Rekha Sharma, Chairperson of the National Commission for Women (NCW), after visiting the controversial battleground of Sandeshkhali in West Bengal, hinted that she could recommend the President’s Rule in the restive state. On Tuesday, more developments indicate this […]

Read more

Business

Forgotten Society: Indian businessman pays Rs. 2.5 cr to free 900 from the UAE jails

February 27, 2024 revoi editor

Virendra Pandit    New Delhi: In a unique example of philanthropy, an Indian businessman and philanthropist donated Rs. 2.5 crore to get nearly 900 prisoners freed in the last couple of months from jails in the UAE, the media reported on Tuesday. Not only this, Feroz Merchant set a goal for 2024 to help over […]

Read more