Business

Business

Adani Total Gas Q2 & H1FY24 Results, Company Continues to deliver Highest ever EBITDA

October 31, 2023 Vinayak Barot

Adani Total Gas, Q2 & H1FY24 Results,  Ahmedabad, 31st October 2023: Adani Total Gas Ltd (“ATGL”),India’s leading City Gas Distribution company, announced today its operational and financial performance for the Half Year ended and quarter ended 30th September 2023. “ATGL has shown continuance of all round strong performance in our core CGD business. The volumes have […]

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Business

The Gaza War: As Israel penetrates deeper, the UN warns of a humanitarian catastrophe

October 31, 2023 Vinayak Barot

Virendra Pandit   New Delhi: As Israel penetrated deeper into the Gaza Strip and the death toll mounted amid wanton destruction, the United Nations has warned that “an immediate ceasefire has become a matter of life and death for millions” of the Palestinians. Philip Lazzarini, who heads the UN agency for the Palestinian refugees, briefed […]

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Roving Periscope: Amid the Gaza, and Ukraine wars, the world tries to chain AI, the latest ‘technology monster’

October 31, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Although Artificial Intelligence (AI) was in the works for nearly five decades, its sudden ‘explosion’ a year ago took the world by surprise…so much so that its major stakeholders, including the US, the UK, and the European Union, are trying to chain the ‘monster’ lest it damage the world amid […]

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Business

Season’s worries: Ahead of Assembly elections, onion prices up, demand down

October 31, 2023 Vinayak Barot

Virendra Pandit   New Delhi: It happens almost every year when the gap between two crops shoots the prices up. As five state assemblies go to the polls in the coming weeks, the onion prices have gone through the roof across India in the last 10 days. This price rise has pulled down the bulb’s […]

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Business

San Francisco: ‘The road to Biden-Xi meeting in Nov not smooth,’ says China

October 30, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Hinting that the Sino-American bilateral relations have come to a halt, Chinese Foreign Minister Wang Yi said the road to the proposed meeting between Presidents Joe Biden and Xi Jinping in November in San Francisco is “unlikely to be smooth.” According to the media reports, Yi said the “road to […]

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Business

Roving Periscope: Angry Muslims build pressure against Israel, worldwide

October 30, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Ignoring the Hamas’ brutal invasion of Israel on October 7, which has since left nearly 10,000 people dead and wounded many more on both sides in the ongoing Israeli counteroffensive, Muslim activists across the world are building up pressure on their respective governments to take action against the Jewish nation. […]

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Business

Energy: Sri Lanka renews Lanka-IOC petroleum license for 20 years

October 30, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Sri Lanka has renewed the Lanka-Indian Oil Corporation (LIOC)’s petroleum products license for another 20 years. The Lanka-IOC is the local subsidiary of the IOC in the island nation next door to India. The media reported on Monday that the license, originally issued in 2003, was to expire in January […]

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Business

Adani Green Energy Ltd reports H1 FY24 results, Revenue up by 66% YoY to Rs. 4,029 Cr

October 30, 2023 Vinayak Barot

Ahmedabad, 30 October 2023: Adani Green Energy Ltd (AGEL), India’s largest and fastest growing pure-play renewable energy company, today announced financial results for the quarter and half year ending 30 September 2023. The performance snapshot for the period is as follows: Capacity Addition & Operational Performance – Q2 & H1 FY24: Particulars Quarterly performance Half […]

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Dhamra LNG terminal built entirely on promoter finance; no fin commitment from IOC, GAIL: Sources

October 29, 2023 Vinayak Barot

New Delhi, Oct 29 (PTI) Adani Group built an LNG import facility at Dhamra in Odisha entirely based on financial backing of promoters, with no financial undertaking or guarantees of public sector giants IOC and GAIL, who merely were tenants, sources said. Clarifying the group’s position, they said Indian Oil Corporation (IOC) and GAIL (India) […]

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Roving Periscope: With no mention of Hamas in the resolution, India abstains in the UN vote on Gaza

October 28, 2023 Vinayak Barot

Virendra Pandit    New Delhi: India on Friday abstained from voting in the United Nations as the Jordanian-drafted resolution did not mention the Hamas terror group, and the US also expressed outrage at the “omission of evil.” As the ongoing 21-day-old conflict raged between Israel and the Hamas-controlled Gaza Strip, India abstained from voting in […]

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