Business

Book Review

Roving Periscope: After the Syrian episode, Xi asks Chinese officials to pull up socks

December 10, 2024 revoi editor

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Virendra Pandit   New Delhi: Perhaps worried over the lightening collapse of the five-decade-old Ba’athist regime of the family of Syrian President Bashar al-Assad, his Chinese counterpart Xi Jinping has directed officials to enhance the governance and high-quality development in the country’s border areas prioritizing national security and social stability. The latest development, and the […]

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Business

Torrent Power QIP oversubscribed 4x against issue size of Rs 3,500 Crores

December 9, 2024 revoi editor

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Ahmedabad : Torrent Power Limited (“Company”), one of India’s leading private sector integrated power utilities, announced successful completion of its Rs 3,500 Crores (approx. USD 413.20 million) Qualified Institutions Placement (“QIP”). The issue garnered significant response from investors including domestic mutual funds, global investors and insurance companies, demonstrating their strong confidence in the Company’s fundamentals […]

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Business

South Korea: Overseas travels of President Yoon Suk Yeol ‘banned’, say reports

December 9, 2024 revoi editor

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Virendra Pandit   New Delhi: Embattled South Korean President Yoon Suk Yeol, who is still facing impeachment demands, now faces an overseas travel ban as police investigate rebellion charges related to his last week’s martial law declaration which he was forced to withdraw within six hours. South Korea’s corruption investigation chief has ordered a travel […]

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Business

Syria: How a teenager ignited the fire in 2011, forcing President Assad to flee in 2024

December 9, 2024 revoi editor

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Virendra Pandit   New Delhi: “It’s your time, Doctor,” read a graffiti in Daraa, South Syria, when a 14-year-old teenager scribbled it on a wall in 2011, warning Dr. Bashar al-Assad, a practicing ophthalmologist in London before he inherited the Ba’athist throne from his notorious father Hafez al-Assad in July 2002 and established a brutal, […]

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Business

Roving Periscope: After Syria, is Iran the next target for a regime change?

December 9, 2024 revoi editor

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Virendra Pandit   New Delhi: Look at the pattern. The US and its allies have ‘neutralized’ Houthis in Yemen, making Saudi Arabia and its friends breathe easy. Hamas invited the destruction of its Gaza Strip fortress by invading Israel, and so did Lebanon because it couldn’t control Hezbollah. In less than two weeks now, a […]

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Business

‘Adani Group Looks Most Attractive Among India Corporates, No Signs Of Stress’: Nomura

December 9, 2024 revoi editor

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New Delhi: Japanese brokerage Nomura has said Adani Group companies appear “most attractive” among Indian corporates. In a report this week, Nomura said the ports-to-power conglomerate will be able to withstand recent turmoil brought on by allegations by the US Department of Justice. It also said there were “no signs of stress” across the Adani […]

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Business

Adani Group plans to invest over Rs 7.5 lakh crore across various sectors of the state’s economy: Karan Adani

December 9, 2024 revoi editor

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Speaking at the Rising Rajasthan Global Investment Summit 2024 in Jaipur on 9 December 2024, Mr. Karan Adani said, Honourable Prime Minister of Bharat- Shri Narendra Modi Ji, His excellency Governor of Rajasthan, Honourable Chief Minister- Shri Bhajan Lal Sharma, Distinguished Ministers, Captains of industry, And my dear friends, It is a privilege to be […]

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Business

Kerala open to discuss new projects with Adani; not keen on any big polluting industries: Rajeev

December 9, 2024 revoi editor

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Mumbai, Dec 8 , Kerala is not averse to discussing any new project with the Adani group and will do so only if there is a “win-win” situation which benefits the people of the state as well, a senior state minister has said. However, the southern state is not keen to have any big industries […]

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Business

Roving Periscope: Outgoing Biden’s team terms the BJP’s charges “disappointing”

December 7, 2024 revoi editor

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Virendra Pandit   New Delhi: Reacting to the BJP’s accusation that the US State Department, and the Deep State in the outgoing Joe Biden administration, ran an “anti-Modi” agenda, an American spokesman has said it was “disappointing.” India’s chief ruling party, the BJP, locking horns with the Biden team of Democrats and the Left-Liberals, is […]

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Business

Logistics: ADB approves $350 mn loan for India to enhance exports

December 7, 2024 revoi editor

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Virendra Pandit   New Delhi: The Asian Development Bank (ADB) has approved a USD 350 million policy-based loan to support India in strengthening and modernizing the logistics sector and exports. ADB said in a statement that the proposed loan will finance the second subprogram, supporting New Delhi’s efforts to create a comprehensive policy, planning, and […]

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