Business

Business

Vibrant Gujarat 2024: Essar signs 3 MoUs worth Rs 55,000 cr in energy, power, and ports sectors

December 14, 2023 Vinayak Barot

Ahmedabad: The Essar Group on Thursday said it has signed three Memorandums of Understanding (MOUs) with the Government of Gujarat for a total investment of Rs 55,000 crore, ahead of the Vibrant Gujarat Global Summit scheduled to be held in Gandhinagar in January 2024. Essar is in a renewed phase of making strategic investments in […]

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Elections: As Indian democracy blossoms, women voters to outnumber men in 2029

December 14, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Women voters are projected to outnumber men voters in 2029, according to a report from the SBI Economic Research Department (ERD). As the nation heads to the scheduled Lok Sabha elections in mid-2024, the total voter turnout at the current rate of polling can touch 68 crores, of which 49 […]

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Apple: The iPhone maker as valuable as France’s entire stock market!

December 14, 2023 Vinayak Barot

Virendra Pandit    New Delhi: The market value of just one technology company in the US—Apple, the iPhone maker—is nearing that of the entire French stock market, Europe’s largest stock exchange, the media reported on Thursday. The combined market value of all the firms listed in Paris was about USD 3.2 trillion as of Wednesday’s […]

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Environment: COP28 concludes with a call to de-fossilize fuel consumption

December 13, 2023 Vinayak Barot

Virendra Pandit    New Delhi: As nations adopted a first-ever climate deal on fossil fuel, the 13-day-long COP28 Summit concluded in Dubai on Wednesday with a deal on transition away from petroleum-based energy. UAE’s Sultan Al Jaber, who was the President of this year’s UN-sponsored Summit—the Conference of the Parties (COP) under the UN Framework […]

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Economy: ADB upgrades India’s GDP growth to 6.7% in FY24

December 13, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Unlike China, whose GDP growth in FY24 is expected to slow down to 4.5 percent, the Asian Development Bank (ADB has raised India’s GDP growth forecast from 6.3 percent in September to 6.7 percent now. The ADB on Wednesday said India’s economy would grow 6.7 percent in Financial Year 2023-24 […]

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Security breach: Two miscreants arrested for intruding Parliament, creating ruckus in LS

December 13, 2023 Vinayak Barot

Virendra Pandit    New Delhi: In a serious security breach on the 22nd anniversary of the terrorist attack on Parliament, two unidentified men were arrested after they intruded on the new building, jumped from the Visitors’ Gallery into the Lok Sabha, released a yellow smoke and shouted slogans, triggering disturbance, on Wednesday. Some MPs tried […]

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Adani Portfolio’s Credit Profile Strongest Among Indian, Global Infrastructure Sector

December 13, 2023 Vinayak Barot

Ahmedabad, 13 December 2023: Adani Portfolio, India’s fastest growing and highest-rated infrastructure portfolio, today released its half-yearly credit performance. In the last six months, it has lowered net debt by 3.6% and raised cash reserves by 13.7%, all while delivering an all-time high half yearly profit (EBITDA – earnings before interest tax and depreciation) growth […]

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Adani Portfolio leading the way in ESG

December 12, 2023 Vinayak Barot

Ahmedabad, 12 December 2023: Adani Group, India’s largest integrated infrastructure developer, today released its half-yearly ESG compendium, showing significant progress in its decarbonization pathway and its ambition to support the global net zero journey. The group, which is at the forefront of India’s green energy transition, has set a target to become net zero by […]

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Politics: Vasundhara walks in sunset as Bhajan Lal Sharma named the next Rajasthan CM

December 12, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Springing the third surprise in as many days as it picked up younger and relatively unknown faces to lead the three states it won in recent Vidhan Sabha elections, the Bharatiya Janata Party (BJP) on Tuesday announced that Bhajan Lal Sharma will be the next Chief Minister of Rajasthan. Sharma, […]

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Roving Periscope: On J&K, sans locus standi, Pakistan barks up the wrong tree, again!

December 12, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Jammu and Kashmir is the biggest industry in Pakistan–for its politicians, the army, and the media! So, immune to reasoning and logic, Pakistan continued to bark up the wrong tree, without any locus standi whatsoever, as it hysterically reacted to India’s Supreme Court upholding the Narendra Modi Government’s abrogation of […]

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