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Business

Defense: Outgoing Biden admin clears USD 1.2 bn part of chopper deal for India

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Virendra Pandit   New Delhi: After indirectly attacking India on multiple fronts in the last few months of its rather uneventful term, the outgoing US President Joe Biden’s “Democratic” administration has approved a nearly USD 1.2 billion MH-60R defense helicopter equipment sale to the largest democracy, to deny the incoming Trump 2.0 administration from taking […]
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Business

Canada: “Avoid high tariffs, become the USA’ 51st state,” Trump offers Trudeau!

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Virendra Pandit   New Delhi: Justine Trudeau, Canada’s buffeted Prime Minister preparing for the next year’s parliamentary elections, had not bargained for it. Last week, he air-dashed to Florida for a meeting with US President-elect Donald Trump, to keep him humored ahead of his second, non-consecutive inauguration as the 47th President on January 20, 2025. […]
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Business

Roving Periscope: Ahead of Trump 2.0, COVID-19’s “lab-leak theory” resurfaces

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Virendra Pandit   New Delhi: In 2020, then-US President Donald Trump dubbed the outbreak of the COVID-19 pandemic because of a “Chinese virus,” suspected to have leaked from Wuhan in China. Ahead of his second, non-consecutive term beginning next month, the same theory has resurfaced, thanks to his Republican Party’s findings—and hinting at the US’s […]
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ADANI GROUP
Business

Adani Group Gets Bernstein’s Vote — ‘Operational Metrics Better Post Short-Seller Attack’

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The operational risks in Adani Group have reduced over the years, with a fall in share pledges, and improving leverage among others, according to Bernstein Research. The key concern during the short-seller Hindenburg Research’s allegations was share pledge, which has seen a “dramatic drop” across companies, Bernstein said in a note on Dec. 2. “This […]
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AMBUJA CEMENT
Business

Ambuja Cements moves closer to NET ZERO

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Ahmedabad, Ambuja Cements, the cement and building material  company of the diversified Adani Portfolio, further advances towards its Net Zero goals by  leveraging zero-carbon heating technology to decarbonise its cement manufacturing  process. The Company has entered into a strategic partnership with Finland-based  technology and engineering company ‘Coolbrook’. Ambuja will implement Coolbrook’s  proprietary RotoDynamic Heater™ (RDH™) […]
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Business

Roving Periscope: Dual “miscarriage of justice,” as Biden pardons Trump, and his own son!

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Virendra Pandit   New Delhi: What a judicial system a ‘democratic’ America has! Before leaving the White House on January 20, 2025, outgoing President Joe Biden, 82, ‘pardoned’ the incoming President-elect Donald Trump of his perceived sins—and then reversed his earlier decision to pardon his own son, Hunter Biden, as well. While Trump was happy […]
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