Business

Business

ESIC registers 15.43 lakh new workers in February 2025

April 25, 2025 revoi editor

The Employees’ State Insurance Corporation (ESIC) on Friday reported the addition of 15.43 lakh new employees under the ESI Scheme, according to provisional payroll data released by the Ministry of Labour & Employment. This growth reflects the scheme’s expanding reach in providing social security to workers across India. The data indicates that 23,526 new establishments […]

Business

Pahalgam: Junking 2021 decision, Pak, India exchange fire at LoC in J&K

April 25, 2025 revoi editor

Virendra Pandit New Delhi: Failed and broke Pakistan, with China and Bangladesh supporting it, has not only suspended the Shimla Pact of 1971 after India’s largely diplomatic retaliatory moves post the Pahalgam terror attack, but also junked the informal 2021 decision to desist from firing along the Line of Control in Jammu and Kashmir. […]

Business

Relocation: Apple plans to shift from China to India

April 25, 2025 revoi editor

New Delhi: Apple, Inc. plans to shift the entire unit of iPhones from China to India next year, the media reported on Friday. Amid the ongoing tariff and trade war between the US and China, the company is planning a major strategic move, like shifting the entire iPhone unit to India next year to reduce […]

Business

Roving Periscope: Trump insists tariff talks on; but China denies it!

April 25, 2025 revoi editor

Virendra Pandit New Delhi: It is becoming queerer by the day. While China has declared it will not have any tariff talks with the US until the latter withdraws the unilaterally imposed import duty, President Donald Trump insists that talks for a deal are in progress! Trump, his flip-flops and all, claimed his administration […]

Business

Fitch Ratings Sees Adani Ports’ NQXT Acquisition as Positive Step Towards Global Diversification

April 25, 2025 revoi editor

Fitch Ratings has characterized Adani Ports and Special Economic Zone Limited’s (APSEZ, BBB-/Negative) acquisition of the North Queensland Export Terminal (NQXT) as credit neutral, while highlighting its positive strategic implications. The global ratings agency believes the acquisition will support APSEZ’s efforts toward international diversification, a key long-term goal for the company. Announced on April 17, […]

Business

Sensex, Nifty rise as Asian markets rally on easing US-China tensions

April 25, 2025 revoi editor

India’s benchmark indices opened higher on Friday, tracking gains across Asian markets, which logged a second consecutive week of advances. Investor sentiment improved amid signs of a softening US stance on China, boosting risk appetite globally. Buying was seen in key sectors such as information technology, pharmaceuticals, and automobiles. As of 9:27 am, the Sensex […]

Business

Pahalgam terror: Pak cries foul on Indus waters, shuts airspace, trade routes

April 24, 2025 revoi editor

Virendra Pandit New Delhi: After unsuccessfully denying its role in the terror attack and massacres of 26 tourists at Pahalgam in Jammu and Kashmir, and India’s retaliatory diplomatic moves, broke-and-failed state of Pakistan on Thursday feebly tried to do something as drastic—it closed its airspace for Indian aviation and shut trade routes! It had […]

Business

Roving Periscope: India may become first nation to ink trade deal with the US

April 24, 2025 revoi editor

Virendra Pandit New Delhi: India is on the verge of becoming the first nation to clinch a trade pact with the US, potentially dodging President Donald Trump’s steep 26 percent tariff and deepening bilateral ties to the next level, the media reported on Thursday. This follows the remarks made on Tuesday by visiting US […]

Business

Adani Energy Solutions ends Q4 and FY25 on record high, Q4 PAT up 87% at Rs 714 crore

April 24, 2025 revoi editor

Ahmedabad, 24 April 2025: Adani Energy Solutions Limited (“AESL”), part of the globally diversified Adani portfolio and the largest private transmission and distribution company in India with a large smart metering portfolio, today announced its financial and operational performance for the quarter and year ended March 31, 2025. “AESL delivered strong operating and financial performance […]

Business

Operation Zeppelin – Inside Adani’s Counter to Hindenburg

April 24, 2025 revoi editor

New Delhi, Apr 22 : Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed ‘Operation Zeppelin,’ named after the German dirigible airships used […]