Business

Business

Roving Periscope: Qatar court commutes death sentence of 8 ex-Indian Navy officers

December 28, 2023 Vinayak Barot

Virendra Pandit    New Delhi: With the success of deft diplomacy and back-channel talks, India felt some relief on Thursday when a Qatar court commuted the death sentence of eight former Indian Navy officers to imprisonment in an alleged case of espionage. The Indian nationals, all employees of Doha-based company Dahra Global, were taken into […]

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2024: India to remain the world’s fastest-growing economy, says Assocham

December 28, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Amid a gloomy 2024 creeping into many recessionary economies worldwide three days from now, India’s leading business and industry body has predicted that the South Asian nation, currently the fifth-largest economy in the world, is likely to remain the fastest-growing as well in the new year beginning on Monday next. […]

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2100: India to emerge as the world’s largest economy, says CEBR

December 27, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Already the fifth-largest and poised to be the third-largest economy in a decade, India is also set to emerge as the topmost economy on the planet by the end of this century, according to the Centre for Economics and Business Research (CEBR), a London-based economic consultancy specializing in economic forecasts […]

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Friendship: Indo-Russia ties are very strong and steady, says Dr. Jaishankar

December 27, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Meeting his Russian counterpart Sergey Lavrov in Moscow to discuss bilateral cooperation in different spheres, the international strategic situation, conflicts, and tensions, External Affairs Minister S. Jaishankar on Wednesday said that the relationship between India and Russia has been “very strong, very steady.” The EAM, who is on a five-day […]

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Adani Total Gas signs MoU to aid Flipkart’s efforts to decarbonise its supply chain

December 27, 2023 Vinayak Barot

Ahmedabad, 27 December 2023: Adani Total Gas Limited (ATGL), India’s leading energy and city gas distribution company, and Flipkart, India’s homegrown ecommerce marketplace, today announced signing of a Memorandum of Understanding (MoU). Under the MoU, AGTL will work with Flipkart to support its vision to reduce carbon footprint in the primary, secondary and tertiary movements […]

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Investments: The PLI schemes attracted Rs. 95k crore, says govt

December 27, 2023 Vinayak Barot

Virendra Pandit    New Delhi: The Centre’s ambitious Production-Linked Incentive (PLI) schemes, launched in 2021 for 14 sectors to make India self-reliant and boost exports, have attracted investments of over Rs. 95,000 crores until September 2023, the government informed. According to the Ministry of Commerce and Industry, altogether 746 applications were approved under these schemes […]

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Adani Energy Solutions forms JV with IHC-backed Esyasoft to expedite rollout of smart meters

December 27, 2023 Vinayak Barot

Ahmedabad, 27 December 2023: Adani Energy Solutions Limited (AESL), India’s leading private transmission and distribution company and a part of the globally diversified Adani portfolio, today said it has taken a significant step in strengthening its smart metering business by forming a 49:51 JV with UAE-based Esyasoft Holdings for implementing smart metering projects in India […]

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Adani Energy Solutions to build 7 GW renewable energy evacuation transmission network

December 27, 2023 Vinayak Barot

Ahmedabad, 27 December, 2023: Adani Energy Solutions Limited (AESL), a part of the globally diversified Adani portfolio and India’s largest private transmission and distribution company today said it has received the letter of Intent (LoI) for the acquisition of Halvad Transmission Ltd. from PFC Consulting Limited (PFCCL). Halvad Transmission Ltd., a special purpose vehicle (SPV), […]

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Adani Green completes JV with TotalEnergies, raises USD 300 million

December 27, 2023 Vinayak Barot

Ahmedabad, 27 December 2023: Adani Green Energy Limited (AGEL) today announced the completion of the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary, for acquiring 50% stake in the projects. This follows the binding agreement about the JV announced between AGEL and TotalEnergies […]

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Hydroponics: Scientists develop “electronic soil” to enhance barley crop growth by 50%

December 26, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Can hydroponics, the soil-less cultivation method, solve the planet’s increasing need for farm products? For, Swedish scientists have developed what they call “electronic soil” (eSoil) that enhances crop growth by 50 percent in about two weeks, the media reported on Tuesday. Hydroponics uses a root system that is stimulated electrically […]

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