Business

Business

Roving Periscope: After 4 months, IDF arrests 20 Hamas terrorists from Gaza hospital

February 16, 2024 revoi editor

Virendra Pandit    New Delhi: After nearly 30,000 deaths in the last four months of the ongoing Gaza War, the Israeli Defense Forces (IDF) on Friday claimed they have arrested from a Gaza hospital more than 20 Hamas terror suspects involved in the October 7 attack on the Jewish state. “The troops located weapons inside […]

Read more

Business

Pakistan: SC tells ‘govt’ to commit that the Army runs no businesses!

February 15, 2024 revoi editor

Virendra Pandit    New Delhi: Pakistan’s all-powerful Army, which has run the troubled country unchecked for most of the years since 1947 and has lost all wars it fought and won all the elections it did not contest, is passing through bure din (bad days) or a rough patch. After its friend-turned-foe Imran Khan gave […]

Read more

Business

E-commerce: After exports worth $ 8 bn in 2023, Amazon India targets $20 bn in 2025

February 15, 2024 revoi editor

Virendra Pandit   New Delhi: E-commerce giant Amazon said it has surpassed USD 8 billion in cumulative exports from India in 2023 and is now targeting the USD 20 billion mark in 2025. The giant said it achieved USD 5 billion worth of exports in 2022, the media reported on Thursday. “We are encouraged by […]

Read more

Business

Roving Periscope: Germany replaces aging Japan as the 4th largest economy

February 15, 2024 revoi editor

Virendra Pandit   New Delhi: With Germany replacing it as the third-largest world economy, Japan has now slipped to the fourth place in the global pecking order, after it contracted in the last quarter of 2023. Until overtaken by China in 2011, Japan’s economy was the second-largest after the USA. Japan’s nominal GDP totaled USD […]

Read more

Business

International Rating Agencies affirms rating with upgraded “stable” outlook for various Adani Portfolio companies

February 15, 2024 Vinayak Barot

Ahmedabad, 15 February 2024: International Rating agencies Moody’s (vide press release dated 13th February 2024) and S&P (vide press release dated 22nd January 2024) have affirmed and upgraded the outlook to “stable” for all the issuances for Adani complex issued in the international market by various Adani Portfolio companies. This assures high credit quality with […]

Read more

Business

Ukraine: If Putin backs off now, he could be assassinated, says Elon Musk

February 14, 2024 revoi editor

Virendra Pandit    New Delhi: Elon Musk, the world’s second wealthiest man now, has said Russian President Vladimir Putin cannot back off now from the ongoing war in Ukraine. “If he does so, he could be assassinated,” said the Tesla Inc., and SpaceX chief. “There is pressure on Putin to see the fight through…If he […]

Read more

Business

Roving Periscope: With PPP twisting his arm, Nawaz nominates Shehbaz as the next PM

February 14, 2024 revoi editor

Virendra Pandit    New Delhi: Since Mian Muhammed Nawaz Sharif remained in self-exile in London (2018-2023), the Pakistan Army selected his brother Shehbaz to replace friend-turned-foe Imran Khan as the Prime Minister in April 2022. Now, as the Sharif Senior cannot become the PM, he has selected his younger brother Shehbaz to succeed him. According […]

Read more

Business

Adani Green Begins Generation From The World’s Largest Renewable Energy Park

February 14, 2024 Vinayak Barot

Ahmedabad, 14 February 2024: Adani Green Energy Limited (AGEL), India’s largest renewable energy (RE) company and the second largest solar PV developer in the world, has operationalized 551 MW solar capacity in Khavda, Gujarat, by supplying power to the national grid. AGEL achieved this milestone within 12 months of commencing work on the Khavda RE […]

Read more

Business

Adani Enterprises Gets A New ‘Buy’ Rating As Jefferies Bets On ‘Industry-Leading’ Businesses

February 14, 2024 Vinayak Barot

Jefferies initiated coverage on Adani Enterprises Ltd. with a ‘buy’ and a potential upside of 20%, as it expects the diversified conglomerate’s businesses to emerge as industry leaders. The Adani Group flagship has incubated multiple industry-leading businesses over the past decade and has come to be known for its execution of infrastructure projects, Jefferies said […]

Read more

Business

Ahlan Modi: Bad weather threatens the Indian PM’s events in the UAE

February 13, 2024 revoi editor

Virendra Pandit    New Delhi: With the United Arab Emirates (UAE) witnessing heavy rains ahead of Indian Prime Minister Narendra Modi’s visit to participate in various programs, including Ahlan Modi (Hello Modi), the inclement weather threatened to mar his two-day visit to the Arab nation that has attracted a lot of global attention because of […]

Read more