Infrastructure Development
4 min read
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Gautam Adani Case Explained: Here are US charges against Gautam Adani | India Business News

November 21, 2024
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Adani Group chairman Gautam Adani during an event, in Nagpur. (PTI file photo) US prosecutors have charged billionaire tycoon Gautam Adani with involvement in a plan to pay more than $250 million in bribes to government officials in India for solar energy contracts, a move that stands to further roil

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Infrastructure Development
4 min read
11

Stock market today: BSE Sensex opens over 400 points down; Nifty50 below 23,400

November 21, 2024
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The 23,780-23,800 range represents key resistance, say market analysts. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Thursday. While BSE Sensex was below 77,200, Nifty50 was below 23,400. At 9:18 AM, BSE Sensex was trading at 77,172.19, down 406 points or

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Infrastructure Development
4 min read
23

Adani Group stocks plunge up to 20% after Gautam Adani’s indictment in US on bribery and fraud charges

November 21, 2024
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The US Securities and Exchange Commission has filed charges against Gautam Adani. Adani stocks today: Share prices of Adani Group companies crashed sharply by up to 20% on Thursday following charges against Gautam Adani and seven others in the United States regarding a multibillion-dollar bribery and fraud scheme. The US

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Infrastructure Development
3 min read
13

Adani group acquires Odisha farm land near sacred hills, stirs political slugfest

November 21, 2024
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BHUBANESWAR: Adani Group’s acquisition of agricultural land near the mineral-rich and sacred Gandhamardhan Hills in Odisha’s Balangir district has sparked a political controversy, with opposition parties questioning whether the company intends to undertake mining in the area. Adani Group and BJP have dismissed the concerns.According to govt land records, Adani

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Infrastructure Development
3 min read
12

NCLT stays resolution to amend Aakash’s AoA

November 21, 2024
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NEW DELHI: The NCLT on Wednesday stayed a resolution related to amendment in the Articles of Association of Aakash Educational Services which allegedly seeks to dilute the rights of petitioners including Singapore VII Topco I. Ready to Master Stock Valuation? ET’s Workshop is just around the corner! Source link

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Infrastructure Development
3 min read
10

Nearly half of forex spends’ September fall due to dip in travel

November 20, 2024
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MUMBAI: Foreign exchange spending by Indians declined by $453 million in Sept 2024 compared to Aug, primarily due to a $200 million drop in international travel.Outward remittances under the Liberalised Remittance Scheme stood at nearly $2.8 billion in Sept, down 14% from $3.2 billion in Aug, RBI data showed. The

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Infrastructure Development
4 min read
13

NTPC bets on large projects for 60 gigawatt solar dream

November 20, 2024
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NEW DELHI: NTPC will focus on gigawatt (GW)-scale solar power projects and limit wind and battery storage projects to 10% of its renewable portfolio as the country’s largest coal-fired power producer chases a green dream of adding 60 GW green capacity by 2035.“NTPC is in generation, not distribution business. In

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Infrastructure Development
4 min read
7

No significant downside risks to growth: Government

November 20, 2024
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NEW DELHI: Government is sticking to its estimate of the economy expanding by 6.5-7% during the current fiscal year, in line with the projections made in the Economic Survey, and does not see significant downside risks to growth.“We started the year with estimates in the economic survey of 6.5-7%. I

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Infrastructure Development
4 min read
14

‘Work-life balance is controversial but…’: What Wipro’s Rishad Premji has to say days after Narayana Murthy reiterates 70-hour work week

November 20, 2024
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Rishad Premji’s comments come days after Infosys founder Narayana Murthy reaffirmed his position supporting a 70-hour work-week. Work-life balance has become a frequently discussed subject lately, with Wipro executive chairman Rishad Premji acknowledging its significance as “incredibly important” whilst recognising it as a “controversial subject”. He maintains that corporate hybrid

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Infrastructure Development
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11

Linking Leh with Pangong! New Rs 6,000 crore twin tube tunnel project in works; details here

November 20, 2024
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Kela pass is the country’s highest motorable route linking Leh with Pangong lake. (AI image for representative purpose) Leh to Pangong tunnel! The government is considering various possibilities for building a 7-8 km twin tube tunnel through Kela pass, following a proposal from the UT administration of Ladakh. This tunnel

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