Business

Business

Adani Airports Secures USD 1 Billion financing from Global Investors for Mumbai International Airport

June 24, 2025 revoi editor

Mumbai, June 24, 2025: Adani Airports Holdings Limited (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd and India’s largest private airport operator, has successfully secured USD 1 billion financing through a project finance structure for its Mumbai International Airport Ltd (MIAL). The transaction involves issuance of USD 750 million notes maturing July 2029 (“Notes”) […]

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Business

Oil Prices Plunge 6% as Iran’s Targeted Retaliation Avoids Energy Infrastructure

June 24, 2025 revoi editor

Oil prices tumbled over 6%, falling $5 a barrel after Iran launched a missile attack on the Al Udeid US airbase in Qatar in retaliation for weekend US strikes on Iranian nuclear facilities, while notably avoiding any disruption to oil and gas tanker traffic through the Strait of Hormuz. The oil market initially surged on […]

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Indian stock market opens higher as geopolitical tensions ease

June 24, 2025 revoi editor

Equity benchmarks opened on a strong note on Tuesday, buoyed by easing geopolitical tensions in West Asia and positive cues from global markets. The rally followed an announcement by U.S. President Donald Trump declaring a ceasefire between Iran and Israel. The BSE Sensex rose 756.5 points, or 0.92%, to 82,653.33 in early trade, while the […]

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Business

Roving Periscope: Israel strikes Iran’s n-assets again; Rubio urges Beijing to pacify Tehran

June 23, 2025 revoi editor

Virendra Pandit   New Delhi: Days after the US stealth bombers potentially destroyed Iran’s three key nuclear assets on Saturday, Israel on Monday carried out a fresh wave of missile attacks on Iran’s underground Fordow atomic site. Iran also counterattacked Israel with a salvo of missiles and drones, intensified diplomatic outreach, and approached the United […]

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USrael v/s Iran: India may suffer upto $40 bn loss if Tehran blocks the Strait of Hormuz

June 23, 2025 revoi editor

Virendra Pandit   New Delhi: Oil prices jumped on Monday to their highest since January 2025 as the US’ weekend ‘obliteration’ of Iran’s three key nuclear assets led an angry Tehran to threaten a blockade of the Strait of Hormuz, from where nearly 20 percent oil and gas flows to the run economies across the […]

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Business

Adani Commissions India’s First Off-Grid Green Hydrogen Pilot Plant of 5 MW Capacity

June 23, 2025 revoi editor

Ahmedabad, 23 June 2025: Adani New Industries Limited (ANIL) today announced the successful commissioning of India’s first off-grid 5 MW Green Hydrogen Pilot Plant in Kutch, Gujarat, marking a major milestone in the nation’s clean energy transition. The state-of-the-art plant is 100% green-powered by solar energy and integrated with a Battery Energy Storage System (BESS), […]

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Oil surges to five-month high after US hits Iran’s key nuclear sites

June 23, 2025 revoi editor

Oil prices jumped on Monday to their highest since January as the United States’ weekend move to join Israel in attacking Iran’s nuclear facilities stoked supply concerns. Brent crude futures were up $1.52, or 1.97%, to $78.53 a barrel as of 0503 GMT. U.S. West Texas Intermediate crude advanced $1.51, or 2.04%, to $75.35. Both […]

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Business

Tesla rolls out robotaxis in Texas test

June 23, 2025 revoi editor

Tesla deployed a small group of self-driving taxis picking up paying passengers on Sunday in Austin, Texas, with CEO Elon Musk announcing the “robotaxi launch” and social media influencers posting videos of their first rides. The event marked the first time Tesla cars without human drivers have carried paying riders, a business that Musk sees […]

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Business

EPFO registers over 19 lakh net members in April

June 23, 2025 revoi editor

The Employees’ Provident Fund Organisation (EPFO) on Sunday reported a net addition of 19.14 lakh members in April 2025, reflecting a strong momentum in formal sector employment. The latest payroll data released by the Ministry of Labour and Employment indicates a noticeable rise in workforce participation, particularly among the youth. According to the provisional figures, […]

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Business

Ukraine: “All of it is ours,” claims Russian President Putin

June 21, 2025 revoi editor

Virendra Pandit   New Delhi: Hoping to ‘reclaim’ Ukraine, Russian President Vladimir Putin on Friday said that the whole of Ukrainian territory is part of Russia, the media reported. Ukraine was part of the Soviet Union (USSR) as the Ukrainian Soviet Socialist Republic (Ukrainian SSR), from 1922 to 1991. It was one of the founding […]

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