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Business

Roving Periscope: Amid volatile bourses, shining India story and investors’ trust in Adani stocks continues

November 28, 2024 revoi editor

Virendra Pandit New Delhi: Amid mixed global cues and periodic corrections, the shining India story continues as demonstrated by benchmark indices, Sensex and Nifty, falling over 1 percent on Thursday, but confident investors buying the Adani stocks and lifting the Group’s market capitalization by Rs 1.2 lakh crore or 10 percent in a single […]

Business

Investors Rush to Buy Adani shares after No Bribery Charges; Lifts Adani’s Mcap by Rs 1.2 Lakh crore

November 28, 2024 revoi editor

Several investors rushed to buy Adani shares lifting the Group’s market capitalization by Rs 1.2 lakh crore or 10% in a single trading session. Several reports have emerged clarifying ‘No Bribery’ charge against Gautam Adani, his nephew Sagar Adani, and Vneet Jaain giving the street sufficient reasons to jump into Adani Group shares which had […]

Business

Markets: After untenable US claims, Adani shares bounce back; Sensex, and Nifty climb

November 27, 2024 revoi editor

Virendra Pandit New Delhi: Despite the outgoing US President Joe Biden’s Democratic Party fervently attempting to discredit the Narendra Modi-led NDA government, the impact of the so-called “indictment” of billionaire Gautam Adani and his associates in an alleged bribery case was short-lived on Indian markets which bounced back, the media reported on Wednesday. But […]

Business

Roving Periscope: Bibi warns against violation, as Israel-Hezbollah ceasefire begins

November 27, 2024 revoi editor

Virendra Pandit New Delhi: Nearly 50 days before Donald Trump’s oath as the 47th US President, Israel announced a ceasefire with Lebanon-based, Iran-supported Shia terror outfit Hezbollah, brokered by the US and France, with a warning that hostilities could resume if the deal’s terms are violated. India has welcomed the deal which came into […]

Business

Gautam Adani, Nephew Sagar Adani Clear of Bribery Charges as per DoJ Indictment

November 27, 2024 revoi editor

Gautam Adani, nephew Sagar Adani, and senior executive Vneet Jaain are clear of any Bribery charges as per the US DoJ, according to the latest filing with the stock exchanges by a group company—Adani Green Energy Ltd. (AGEL). In its filing, AGEL has cited the news reporting by various media houses on the bribery and […]

Business

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

November 27, 2024 revoi editor

Ahmedabad – Latteys Industries Limited, a NSE-listed leader in energy-efficient submersible pumps, has announced remarkable financial results for the quarter ending September 2024. The company’s revenue surged from ₹1,575 lakhs to ₹1,873.46 lakhs, marking an 18.90% increase compared to the same period last year. Net profit witnessed an impressive growth of 176.38%, rising from ₹25.37 […]

Business

Trump 2.0: Donald threatens tariff war with Canada, China and Mexico

November 26, 2024 revoi editor

Virendra Pandit New Delhi: US President-elect Donald Trump, who is set to take office on January 20, 2025, has vowed to clamp big tariffs on China, Canada, and Mexico over alleged drug smuggling and immigration issues, which could potentially trigger trade wars and inflation, the media reported on Tuesday. He said he would impose a […]

Business

Roving Periscope: Four soldiers killed amid Imran supporters’ march on Islamabad

November 26, 2024 revoi editor

Virendra Pandit New Delhi: Facing dismal economic prospects, terrorist attacks, and relentless sectarian violence, Pakistan on Tuesday stared at a possible civil war as its Army, carrying a shoot-at-sight order, patrolled Islamabad after the death of four members of the paramilitary force Pakistan Rangers when they tried to prevent the supporters of jailed former […]

Business

“East Pakistan”: Bangladesh arrests Hindu monk protesting Islamists’ atrocities

November 25, 2024 revoi editor

Virendra Pandit New Delhi: After more than three months of relentless attacks on Hindu properties and other atrocities on the minority community, the Jamaat-e-Islami-led Islamist government of Mohammed Yunus on Monday arrested a prominent Hindu monk for leading an agitation against the mayhem that began with the ouster of the Sheikh Hasina Wajed regime […]

Business

Roving Periscope: China wary of ‘Trump temblors’—Musk and Ramaswamy’s DOGE

November 25, 2024 revoi editor

Virendra Pandit New Delhi: With only seven weeks remaining before the Donald Trump 2.0 era begins in Washington, China, the US’s biggest economic competitor, is wary of what the proposed Elon Musk-Vivek Ramaswamy-led Department of Government Efficiency (DOGE) would do in America. “There is a huge pressure on China,” an advisor to Chinese President […]