Business

Business

Adani Green Secures USD 400 million from international banks for 750 MW power projects

May 2, 2024 Vinayak Barot

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Ahmedabad, 2 May 2024: Adani Green Energy Ltd (AGEL), India’s largest and one of the world’s leading renewable energy (RE) companies, today announced USD 400 million financing for its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks. It will provide financing for projects that are expected […]

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Weather: Fresh thunderstorms, and heavy rains, force the UAE to cancel flights, again

May 2, 2024 virendra pandit

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Virendra Pandit New Delhi: Within two weeks, thunderstorms and heavy rains returned to the United Arab Emirates (UAE) on Thursday, leading to the cancellation of several international flights, the media reported. On Wednesday, the country’s National Emergency Crisis and Disaster Management Authority (NCEMA) elevated the readiness and preparedness levels of the national system to deal […]

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Business

Industrialist Gautam Adani met British High Commissioner to India Lindy Cameron

May 2, 2024 Vinayak Barot

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Industrialist Gautam Adani posted on social media that, An honour to meet and hear from Her Excellency Lindy_Cameron, the British High Commissioner to India. Fascinating to learn about a wide set of topics ranging from her tenure across the world, including Iraq and Afghanistan, to cybersecurity, the future of nuclear and so much more. We […]

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The Gaza War: Amid acrimony, Colombia cuts ties with Israel

May 2, 2024 virendra pandit

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Virendra Pandit New Delhi: South American country Colombia on Wednesday severed all ties with Israel, blaming its Prime Minister Benjamin Netanyahu for the “genocidal war” in Gaza. Gustavo Petro, Colombia’s first leftist President since 2022, said his country will sever diplomatic ties with Israel, the media reported. “Tomorrow (Thursday) diplomatic relations with the state of […]

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Business

Adani Enterprises Ltd announces Q4 and FY24 Results

May 2, 2024 Vinayak Barot

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Ahmedabad, May 2, 2024: Adani Enterprises Ltd (AEL), part of the Adani Group, today announced its results for the quarter and year ended March 31, 2024. The emerging core infra businesses comprising of ANIL Ecosystem, Airports and Roads are making significant strides in their operational performance. The contribution of these businesses to the overall EBIDTA […]

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Roving Periscope: India reiterates a two-state solution for Israel and Palestine at the UN

May 2, 2024 virendra pandit

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Virendra Pandit New Delhi: Supporting a two-state solution for Israel and Palestine at the United Nations amid the raging Gaza War, India on Wednesday expressed the hope that Palestine’s request for a full UN membership, blocked in March by the US, will be reconsidered, and endorsed. The US vetoed a resolution in the UN Security […]

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APSEZ FY24 net profit jumps 50%, Delivers 3x the India cargo growth rate and a record volume of 420 MMT

May 2, 2024 Vinayak Barot

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Ahmedabad, 2 May 2024: Adani Ports and Special Economic Zone Ltd (“APSEZ”) today announced its results for the quarter and twelve months ending 31 March, 2024.  Particulars (Rs Cr) Q4 FY24 Q4 FY23 Y-o-Y Change FY24 FY23 Y-o-Y Change Cargo (MMT) 108.7 86.3 26% 419.9 339.2 24% Revenue 6,897 5,797 19% 26,711 20,852 28% EBITDA# […]

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Defaulters: Pakistan to block SIM cards of over 5 lakh tax evaders’ mobile phones

May 1, 2024 virendra pandit

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Virendra Pandit New Delhi: In a surprise move, nearly bankrupt Pakistan has decided to block the SIM cards of more than five lakh defaulters as part of the drive to take action against tax evaders to force them to pay up or suffer. The Federal Board of Revenue (FBR), in an Income Tax General Order […]

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Adani Power announces Q4 FY24 results

May 1, 2024 Vinayak Barot

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Ahmedabad, May 1st, 2024: Adani Power Ltd. [“APL”], a part of Adani portfolio companies, today announced the financial results for the fourth quarter ended 31st March 2024. Commenting on the quarterly results, Mr. Gautam Adani, Chairman, Adani Group said, “As India transitions to a more sustainable energy future, the Adani Portfolio of companies will continue […]

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Canada: Opp leader Poilievre calls PM Trudeau “wacko”, ejected from Parliament

May 1, 2024 virendra pandit

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Virendra Pandit New Delhi: A day after India registered a strong protest to the raising of pro-Khalistani slogans in the presence of Justine Trudeau, the Canadian Parliament ejected the Opposition leader Pierre Poilievre, viewed as the current Prime Minister’s successor, as the troubled North American country heads to general elections by October 2025. Poilivre had […]

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