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Business

Without verification, newspaper reports can’t be relied upon as proof, says Supreme Court

January 3, 2024 Vinayak Barot

New Delhi, 3 January, 2024: The Supreme Court on Wednesday declined to order a probe by a Special Investigation Team (SIT) into allegations levelled against the Adani Group, refusing to take cognizance of the reports published by Hindenburg Research and the Organized Crime and Corruption Reporting Project (OCCRP). A three-judge bench, led by Chief Justice […]

Business

Adani Total Gas, Shigan sign MoU for collaboration in decarbonization

January 3, 2024 Vinayak Barot

Ahmedabad, 3 January 2024 – In a move towards sustainability and environmental responsibility, Adani Total Gas Limited (ATGL), India’s leading energy and city gas distribution company, and Shigan Quantum Technologies Limited (Shigan), an alternative fuel system solutions provider for automotive, locomotive and stationary engine applications, today announced the signing of a Memorandum of Understanding (MoU) […]

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Disaster: At least 48 dead, many trapped after 155 quakes in Japan; land shifts

January 2, 2024 Vinayak Barot

Virendra Pandit New Delhi: At least 48 people were reported dead and many feared trapped in the debris of buildings after 155 earthquakes hit Japan in a day on New Year’s Day, causing widespread destruction, although the early warnings of a severe tsunami were later withdrawn, the media reported on Tuesday. Several strong tremors […]

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The Rs.2,000 notes: Over 97% returned; the RBI still awaits Rs.9,330 crores

January 2, 2024 Vinayak Barot

Virendra Pandit New Delhi: Nearly 97.38 percent of the high-value Rs.2,000 denomination banknotes have returned to the banking system but Rs.9,330 crore worth of these notes are still with the public, the Reserve Bank of India (RBI) has said. The Rs 2,000 banknotes were introduced in November 2016 following the demonetization of the then-prevailing […]

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APSEZ’s cargo volumes jump 42% YoY in Dec 2023

January 2, 2024 Vinayak Barot

Ahmedabad, 2 January 2024: In December 2023, Adani Ports and Special Economic Zone Ltd (APSEZ) handled 35.65 MMT of cargo volumes, resulting in a strong 42% year-on-year (YoY) increase. Dry bulk cargo handling was up 63% while handling of containers increased by over 28% on a YoY basis. For the quarter ended December, APSEZ handled […]

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Cartoons: The earliest Micky Mouse, 95, becomes free from Disney’s copyright

January 2, 2024 Vinayak Barot

Virendra Pandit New Delhi: With The Walt Disney Company losing the Micky Mouse copyright along with many others, the world-famous cartoon’s earliest version has entered the public domain as its copyright expired under the US law on the last day of 2023, after an exciting 95-year-long entertaining journey throughout the planet. Micky Mouse’s first […]

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Roving Periscope: “Annihilate the US, S. Korea….if provoked,” Kim orders N. Korean army!

January 1, 2024 Vinayak Barot

Virendra Pandit New Delhi: North Korea’s dynastic dictator Kim Jong Un, viewed as China’s convenient proxy, opened the New Year 2024 with an order to his military to “thoroughly annihilate the United States and South Korea”—if provoked. As he usually does, Kim is likely to ramp up weapons tests in 2024 ahead of the […]

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2024: The world needs India as a reliable challenger to China, says Mahindra

January 1, 2024 Vinayak Barot

Virendra Pandit New Delhi: The world needs India to become a reliable challenger to China’s supply chain dominance, Mahindra & Mahindra Group Chairman Anand Mahindra said on Monday in his New Year message. The first day of the New Year opens a new chapter and a fresh opportunity for optimism and renewal. It provides […]

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Convicted: In a labor law case, Nobel Laureate Md. Yunus gets six months in jail in Bangladesh

January 1, 2024 Vinayak Barot

Virendra Pandit New Delhi: Nobel Peace Laureate Muhammad Yunus and three others were on Monday convicted in a labor law court case in Bangladesh and awarded a six-month jail term, the media reported. Lead prosecutor Khurshid Alam Khan said that Professor Yunus and three of his Grameen Telecom colleagues were convicted under labour laws […]

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Roving Periscope: South Africa accuses Israel of ‘genocide’ in Gaza, moves ICJ

December 30, 2023 Vinayak Barot

Virendra Pandit New Delhi: In a first, South Africa, which suffered the perils of the Whites’ apartheid policy for decades before achieving freedom, on Friday filed a case in the World Court against Israel for allegedly carrying out ‘genocide’ in Gaza, but the Jewish state’s foreign ministry rejected the suit as “baseless.” According to […]