Business

Business

Ambuja Cements delivers stellar Q3 FY24 results, Q3 operating EBITDA up 70% at Rs. 1,732 cr

January 31, 2024 Vinayak Barot

Ahmedabad, 31 January, 2024: Ambuja Cements, the cement and building materials flagship company of the diversified Adani Group, today announced robust financial results for Q3 FY’24, supported by continued operational excellence, business synergies, and cost leadership. Mr. Ajay Kapur, Whole Time Director & CEO, Ambuja Cements Limited, said, “Our performance is a reflection of our resilience […]

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Business

Adani Total Gas Q3 & 9MFY24 Results, Overall Volume up by 21% in Q3 & 13% in 9M Y-o-Y

January 30, 2024 Vinayak Barot

Ahmedabad, 30th January 2024: Adani Total Gas Ltd (“ATGL”),India’s leading City Gas Distribution company, announced today its operational and financial performance for the nine-month ended and quarter ended 31st December 2023. “With expansion of CGD infrastructure, together with ceasing opportunity in the areas of e-mobility, biomass and LNG for Transport & Mining (LTM), ATGL has […]

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Business

Breakthrough: First human gets brain implant from Musk’s Neuralink

January 30, 2024 revoi editor

Virendra Pandit   New Delhi: In a significant scientific breakthrough, the first human has received a brain implant procedure from Elon Musk’s startup Neuralink. Neuralink’s implant of a chip in the human brain aims to help people with traumatic injuries operate computers using only their thoughts, Bloomberg reported on Tuesday. Musk announced that the first […]

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Business

Technology: IBM orders remote-working staff, ‘Return to office, or quit’

January 30, 2024 revoi editor

Virendra Pandit   New Delhi: With the world resuming full-steam work post-COVID recoveries, International Business Machines Inc (IBM) has directed its remote-working managers to find a nearby office to work from or resign. The technology giant delivered a companywide ultimatum to managers who are still working remotely: ‘Move near an office or leave the company,’ the […]

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Business

Roving Periscope: The US and Pakistan relax as Imran, and Mehmood get 10-yrs in jail

January 30, 2024 revoi editor

Virendra Pandit   New Delhi: Ten days ahead of the General Elections to the National Assembly on February 8, the US and Pakistan have heaved a sigh of relief: their ‘sponsored’ candidate, Mohammed Nawaz Sharif, could now safely become the restive South Asian country’s Prime Minister a fourth time. For, his bete noire, former PM […]

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Business

U.S. Sets Visa Records in India in 2023 through Staffing Increases, Innovations, and Increased Efficiency

January 29, 2024 Vinayak Barot

New Delhi – The U.S. Consular Team in India processed more visas than ever before in 2023, bringing down visitor visa appointment wait times by 75%. In 2023, the U.S. Embassy and Consulates in India processed a record-smashing 1.4 million U.S. visas. Demand across all visa classes was unprecedented, with a 60% increase in applications […]

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Business

The Maldives: After a chaos in Parliament, Oppn plans to impeach pro-China President Muizzu

January 29, 2024 revoi editor

Virendra Pandit   New Delhi: Barely two months after assuming power, Maldivian President Mohamed Muizzu, fresh from a state visit to China, found himself facing an irate Opposition moving to impeach him as the House rejected his ministers’ appointments amid unprecedented scuffle and chaos on Sunday. The angry Members of Parliament (MPs) exchanged kicks and […]

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Business

Union Budget 2024: India poised to register 7% economic growth in FY25

January 29, 2024 revoi editor

Virendra Pandit   New Delhi: Two days before Finance Minister Nirmala Sitharaman tables the Union Budget for 2024-24 in Parliament on February 1, her ministry expected India’s economy to grow around 7 percent in the next fiscal year, despite new geopolitical risks emerging from the Red Sea crisis that could affect supply chains, global inflation […]

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Business

Adani Energy Solutions continues robust growth, Revenue at Rs 3,615 crore, up 19% YoY

January 29, 2024 Vinayak Barot

Ahmedabad, 29 January 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 December 31, 2023. “Our growing portfolio with newly commissioned lines, coupled with favorable […]

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Business

Roving Periscope: H-K court orders a $300 bn liquidation of China’s Evergrande

January 29, 2024 revoi editor

Virendra Pandit   New Delhi: A decade after he became China’s President, the collapse of Xi Ping’s ‘magic’ both at home and overseas potentially accelerated on Monday when a Hong Kong court dealt a body blow to the Dragon’s tottering economy, ordering real estate giant Evergrande to liquidate liabilities worth USD 300 billion. This move […]

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