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Adani Enterprises raises USD 500 million primary equity to further its growth plans

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Ahmedabad, 17 October 2024: Adani Enterprises Limited (AEL) today said it has successfully completed the Qualified Institutional Placement(QIP) of equity shares of face value of INR 1 each of AEL (“Equity Shares”) aggregating to approximately INR 4,200 crores (USD 500 million). A total of 1,41,79,608 Equity Shares were allocated at an issue price of ₹ […]
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Business

Roving Periscope: Dhaka apes Islamabad; making Hasina Imran-II

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Virendra Pandit   New Delhi: That Bangladesh is racing to morph back into what it was until 1971—East Pakistan—was little in doubt when the then Prime Minister Sheikh Hasina Wajed’s democratically-elected government was toppled in August 2024, 16 months after her counterpart in Islamabad, Imran Ahmed Khan Niazi, was overthrown—both allegedly as America’s behest. Now, […]
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Population: S&P’s concerns as India to become 3rd largest economy by 2030

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Virendra Pandit   New Delhi: S&P Global Ratings expressed concerns over India’s growing population—at 1,438 million plus now—as the South Asian country, currently the fifth-largest economy, races to become the world’s third-largest by 2030. According to media reports, India’s rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity. […]
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RELIANCE
Business

Reliance Industries Limited: Consolidated and Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2024

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Savitri Parekh of Reliance Industries Limited (Company Secretary and Compliance Officer) said,In continuation of our letter of today’s date on the Consolidated and Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2024, we attach a copy of Media Release being issued by the Company in this regard. The Consolidated and […]
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Adani Foundation releases booklet highlighting success stories of fishing community in Gandhinagar

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Ahmedabad, 16 October: The Adani Foundation has deep compassion and dedication towards the marginalized sections of society. In its journey of over 28 years of public welfare and social impact across India, the Foundation has succeeded in bringing about a remarkable change in the upliftment of the fishing community of Mundra. A special book based […]
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Business

Pakistan: At the SCO Summit, India opposes China’s BRI, again

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Virendra Pandit   New Delhi: India on Wednesday once again refused to endorse China’s ambitious multicontinental “One Belt One Road (OBOR) Initiative,”, also known as the Belt and Road Initiative (BRI), becoming the only country in the Shanghai Cooperation Organisation (SCO) not to support the controversial USD 200 billion connectivity project. A joint communique unveiled […]
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SCO Summit: In Pakistan, Dr. Jaishankar flags concerns over terror

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Virendra Pandit   New Delhi: Cooperation in areas like trade, energy, and connectivity is unlikely to flourish if cross-border activities are characterized by terrorism, extremism, and separatism, External Affairs Minister S. Jaishankar said on Wednesday in Islamabad, in a thinly veiled message to Pakistan. “If activities across borders are characterized by terrorism, extremism, and separatism, […]
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