Important Stories

Business

Adani Airport Holdings, IHG Hotels & Resorts Sign Five -Hotel Deal; Kimpton Enters India

May 13, 2026 revoi editor

Mumbai, 13 May 2026: Adani Airport Holdings Limited (AAHL), India’s largest private airport operator, and IHG Hotels & Resorts, one of the world’s leading hospitality companies, have signed a landmark managed hotel portfolio agreement to develop five hotels across key airport-linked and high-growth urban destinations in India. The agreement will add close to 1,500 keys across […]

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Business

Energy: India to launch a Rs. 37.5k crore coal gasification plan

May 13, 2026 revoi editor

Virendra Pandit   New Delhi: In the backdrop of the global energy crisis, the Union Cabinet on Wednesday approved a Rs. 37,500-crore incentive scheme to promote coal gasification projects, aimed at boosting clean energy production and reducing dependence on forex-guzzling imports, the media reported. “An outlay of Rs 37,500 crore has been kept for this […]

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Business

Triplicity: How Pakistan tricked the US, the Saudis, and Iran, but lost to the UAE?

May 13, 2026 revoi editor

Virendra Pandit   New Delhi: Even after its near bankruptcy, zero credibility, and military-terror diarchy, Pakistan lost none of its cunningness and exhibited its triplicity to the US, Saudi Arabia, and even Iran during the ongoing West Asian crisis, the media reported. But Islamabad lost the game to the UAE which forced it to repay […]

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Business

Roving Periscope: Ahead of the Trump-Xi Summit, China draws “Four Redlines”

May 13, 2026 revoi editor

Virendra Pandit   New Delhi: Ahead of US President Donald Trump’s two-day China visit, beginning Wednesday, Beijing has reiterated its position on key issues in bilateral relations with Washington, drawing “four redlines” in bilateral relations that must not be challenged during the superpower summit this week, the media reported. According to the Chinese Embassy in […]

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Business

Torrent Power announces Q4 FY26 results, Declares 200% dividend for the year

May 12, 2026 revoi editor

Ahmedabad, May 12, 2026: Torrent Power Limited (the “Company”) today announced financial results for the quarter and year ended March 31, 2026.Adjusting for one-time, non-cash reversal of deferred tax liabilities of ₹ 637 Crs in FY 2024-25, TCI for the year improved by ₹ 92 Crs driven mainly by following factors: Improved operational performance of […]

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Business

APSEZ’s marine arm, Astro Offshore in contract with Oceaneering International Inc., for European Subsea Expansion

May 12, 2026 revoi editor

Ahmedabad, 12 May 2026: Adani Ports and Special Economic Zone Ltd. (APSEZ), India’s largest integrated transport utility, through its marine platform Astro Offshore, has contracted with Oceaneering International Inc., a US-based engineering and applied technology company, to pursue specialised offshore and subsea opportunities in Europe. The agreement marks a significant step in APSEZ’s expansion into […]

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Business

Economy: Moody’s cuts India growth forecast for 2026 to 6%

May 12, 2026 revoi editor

Virendra Pandit   New Delhi: Citing subdued private consumption, capital formation, and industrial activity amid higher energy costs cited as reasons, global agency Moody’s Ratings on Tuesday slashed India’s GDP growth forecast for year 2026 by 0.8 percentage points to 6 per cent, the media reported. In its Global Macro Outlook May update, it said […]

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Business

Roving Periscope: After PM Modi’s austerity appeal, Kotak warns of the “shock” ahead

May 12, 2026 revoi editor

Virendra Pandit   New Delhi: After Prime Minister Narendra Modi’s appeal to the people, twice in two days, to take some austerity measures, leading banker Uday Kotak on Tuesday warned that the global economy is on the verge of a significant “shock” as the delayed consequences of the prolonged US-Iran war are set to kick […]

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Business

Roving Periscope: Even on ‘peace proposals’ the US clashes with Iran!

May 11, 2026 revoi editor

Virendra Pandit   New Delhi: See the irony: on the 73rd day of the West Asian war, the US and Iraan clashed over the latest ‘peace proposals,’ which President Donald Trump found “totally unacceptable,” and, as is his wont, reiterated his threats and warnings to Tehran umpteenth time. Diplomatic efforts to forge a peace deal […]

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Business

Economy: BMI forecast India’s growth lower at 6.7% in FY27

May 11, 2026 revoi editor

Virendra Pandit   New Delhi: With no end in sight to the ongoing West Asian war, its impact on global economies and energy security, and Prime Minister Narendra Modi’s appeal to Indians to observe austerity, India’s economic growth is likely to decelerate in the current financial year, the media reported on Monday. BMI, a Fitch […]

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