Business

Business

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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Space exploration: First Indian astronaut to land on the Moon by 2040, says ISRO chief Somanath

December 12, 2023 Vinayak Barot

Virendra Pandit   New Delhi: The first Indian astronaut would land on the Moon by 2040, Indian Space Research Organization (ISRO) Chairman S. Somanath has revealed. For this purpose, four test pilots from the Indian Air Force (IAF), selected as astronaut-designates for the Moon mission, are undergoing mission-specific training at the ISRO’s Astronaut Training Facility […]

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Over the 25-year lifespan of our renewable farms, these cumulative CO2 savings will be exponentially magnified: Gautam Adani

December 12, 2023 Vinayak Barot

Adani Group Chairman Gautam Adani posted on social media and said, Our commitment to achieving 45 GW of renewable energy by 2030 initiative will help cut annual emissions by an amount equivalent to 80 million tonnes of CO2. – Reduction comparable to eliminating the emissions from petrol (gasoline) cars driving 480 billion kms each year! […]

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Adani group EBITDA jumps 47% to record Rs 43k cr in H1

December 11, 2023 Vinayak Barot

New Delhi, Dec 11 (PTI) Adani Group on Monday said pre-tax profit or EBITDA of its portfolio companies that span from apples to airports jumped 47 per cent in the first half of the current fiscal year to Rs 43,688 crore on growth across businesses. “Core infrastructure businesses that provide a high degree of predictability, […]

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Reactions: PM Modi and Dr Karan Singh welcome SC verdict on J&K

December 11, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Welcoming Monday’s Supreme Court verdict on Jammu and Kashmir, Prime Minister Narendra Modi described the ruling on the abrogation of Article 370 as “historic” and said it is a “resounding declaration of hope, progress, unity for our sisters and brothers in J&K, and Ladakh”. “Today’s Supreme Court verdict on the […]

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Adani Portfolio Delivers Highest Ever EBITDA Growth, Jumps 47% y-o-y in H1FY24; Crosses Rs 43K cr

December 11, 2023 Vinayak Barot

Ahmedabad, 11 December 2023: Adani Portfolio today released its half yearly financial performance update. The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses. The substantial cash flows from these businesses lay the foundation for sustained future growth. “The incubation continues to be a success […]

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Politics: Ujjain MLA Mohan Yadav is the new CM of Madhya Pradesh

December 11, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Springing yet another surprise after picking up Vishnudev Sai as the new Chief Minister of Chhattisgarh on Sunday, the Bharatiya Janata Party (BJP) on Monday elected three-time Ujjain South MLA Mohan Yadav as the next CM of Madhya Pradesh. The move is seen as a significant step by the BJP […]

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Adani Bond Rebound Helps Erase Short Seller Hit: Credit Weekly

December 11, 2023 Vinayak Barot

A rally over the last week was powerful enough to erase some losses on a series of dollar bonds tied to the conglomerate of billionaire Gautam Adani, debt that had dropped after a short seller accused firms owned by Adani of fraud. The jump came after the group, which strenuously denies the allegations, raised $1.4 […]

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