Search results for ' Energi'

Where Dua Lipa Dined In Mumbai

Where Dua Lipa Dined In Mumbai

Rediff.com29 Nov 2024

On Thursday night, Dua was spotted dining with her boyfriend, actor Callum Turner.

'AI Might Enslave Or Annihilate Us'

'AI Might Enslave Or Annihilate Us'

Rediff.com10 Dec 2024

'It is the first technology in history which is not just a tool, it is an agent.' Yuval Noah Harari on the dangers on AI.

Indian History Could Have Changed If...

Indian History Could Have Changed If...

Rediff.com2 Dec 2024

'Had these leaders known that Jinnah was dying...'

Adani's clarification on bribery charges lifts markets

Adani's clarification on bribery charges lifts markets

Rediff.com27 Nov 2024

From the 30-share Sensex pack, Adani Ports surged 6 per cent. NTPC, HDFC Bank, Bajaj Finance, Maruti and Axis Bank were among the other gainers. In contrast, Titan, State Bank of India, Asian Paints, Tata Consultancy Services, HCL Tech, Sun Pharma, IndusInd Bank and ICICI Bank were among the laggards.

Adani, nephew not charged with bribes in US: Group

Adani, nephew not charged with bribes in US: Group

Rediff.com27 Nov 2024

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday.

Brics likely to focus on closer energy partnerships among members

Brics likely to focus on closer energy partnerships among members

Rediff.com22 Oct 2024

The 16th Brics Summit beginning Tuesday in Kazan, Russia, is expected to see more focus on creating a sharper energy policy for Brics that ensures closer partnership among members in both energy security and energy transition, official sources said. The same is expected to be a part of the Kazan declaration, currently being negotiated, they added.

Adani crisis: No negative actions so far by lenders, investors, says Crisil

Adani crisis: No negative actions so far by lenders, investors, says Crisil

Rediff.com29 Nov 2024

Backing embattled Adani Group, rating agency CRISIL Ratings on Friday said the conglomerate has sufficient liquidity and operational cash flows to meet debt obligations and committed capex and that there has been no negative actions so far by lenders and investors following the US indictment of group founder chairman. The Adani Group, which has the flexibility to reduce certain discretionary capital expenditure (capex) depending on developments in financial markets and future capital availability, has a healthy Ebitda and cash balance that reduces its dependence on external debt to sustain operations, it said in a bulletin.

ISL: Punjab halt Mumbai City FC's winning run

ISL: Punjab halt Mumbai City FC's winning run

Rediff.com27 Nov 2024

Never did Punjab FC embrace a defensive outlook despite their two-goal advantage, which is what perhaps helped them grab their third strike of the night.

Met Adanis several times but...: Jagan denies bribery charges

Met Adanis several times but...: Jagan denies bribery charges

Rediff.com29 Nov 2024

Former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has strongly refuted allegations of bribery by the Adani Group for solar power purchases during his government. He claimed his name was not mentioned in a US court's indictment and that meetings with Adani Group chairman Gautam Adani were not unusual for a chief minister. Reddy said the power supply agreement was between the state's DISCOMs and SECI, with no third-party involvement. He also defended the deal, calling it 'historic' and highlighting the cost savings for the state. Meanwhile, former CM N Chandrababu Naidu has alleged irregularities in the deal and promised to act upon the alleged charges.

What To Watch On OTT This Week

What To Watch On OTT This Week

Rediff.com29 Nov 2024

Christmas romance, heists, thrillers, it's all there on OTT this week. Sukanya Verma lists her recommendations.

Trump's tariff threats spooks markets; Sensex down 106 points

Trump's tariff threats spooks markets; Sensex down 106 points

Rediff.com26 Nov 2024

Trump's tariff threats spooks markets; Sensex down 106 points

Despite US indictment, Adani still has a few supporters

Despite US indictment, Adani still has a few supporters

Rediff.com28 Nov 2024

Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged despite the US indictment of the conglomerate's founder chairman Gautam Adani. "Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors," IHC, one of Adani group's key foreign investors, said in a statement.

Son's AI Hopes From Indian Business

Son's AI Hopes From Indian Business

Rediff.com28 Nov 2024

'Son believes India has a significant opportunity in chip design, especially in creating IP that will be uniquely Indian.'

Chess World Championship: It's advantage Gukesh for now but...

Chess World Championship: It's advantage Gukesh for now but...

Rediff.com28 Nov 2024

With a maximum of 11 games remaining under classical time control, the scores are tied at 1.5-1.5. This was after Liren won the opener and the second game ended in a draw.

Honda Motorcycle and Scooter launches Activa in electric avatar

Honda Motorcycle and Scooter launches Activa in electric avatar

Rediff.com27 Nov 2024

Honda Motorcycle and Scooter India (HMSI) on Wednesday forayed into the fast-growing domestic electric mobility market with the introduction of e-scooters, ACTIVA e: and QC1, with swappable and fixed batteries. With this, the Japanese two-wheeler maker will now be competing with other legacy players such as Bajaj Auto, Hero MotoCorp, TVS Group as well as pure EV players like Ather and Ola, who already have a good presence in the segment, which is growing at 34 per cent year-on-year.

Will introspect and rebuild the party: Supriya Sule

Will introspect and rebuild the party: Supriya Sule

Rediff.com25 Nov 2024

Nationalist Congress Party-Sharadchandra Pawar working president Supriya Sule has said her party, which won just 10 seats in the Maharashtra assembly elections, will introspect over the poll results and pledged to work towards a capable, inclusive and progressive state.

I outplayed him: Gukesh after stunning Liren

I outplayed him: Gukesh after stunning Liren

Rediff.com27 Nov 2024

Gukesh said he wanted to just win the game cleanly but there was excitement as Liren had very little time left.

Factors that will guide the markets thie week

Factors that will guide the markets thie week

Rediff.com24 Nov 2024

Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts. Stock markets witnessed a spirited recovery on Friday with benchmark Sensex and Nifty notching the best single-day gains in more than five months and offering relief after weeks of correction.

Bribery charges are credit negative for Adani group: Moody's

Bribery charges are credit negative for Adani group: Moody's

Rediff.com21 Nov 2024

Moody's Ratings on Thursday said it will look at Adani group's governance practices when assessing the ports-to-energy conglomerate's ability to access capital in the aftermath of indictment of the group head Gautam Adani on bribery charges. "The indictment of Adani Group's chairman and other senior officials on bribery charges is credit negative for the group's companies," Moody's Ratings said in a statement.

US SEC summons Gautam Adani, nephew Sagar in bribery case

US SEC summons Gautam Adani, nephew Sagar in bribery case

Rediff.com23 Nov 2024

Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the US Securities and Exchange Commission (SEC) allegation of paying $265 million (Rs 2,200 crore) in bribes to secure lucrative solar power contracts. Summons have been sent to Adani's Shantivan Farm residence in Ahmedabad and his nephew Sagar's Bodakdev residence in the same city for a reply to SEC within 21 days.

Satwik, Chirag doubles pair bows out of China Masters semis

Satwik, Chirag doubles pair bows out of China Masters semis

Rediff.com23 Nov 2024

The Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty bowed out in the semifinals of the China Masters Super 750 badminton tournament

Every attack makes us stronger: Adani speaks up for first time

Every attack makes us stronger: Adani speaks up for first time

Rediff.com1 Dec 2024

"Less than two week back, we faced a set of allegations from the US about compliance practices. This is not the first time we have faced such challenges. What I can tell you is that every attack makes us stronger," he said addressing the 51st Gems and Jewellery Award in Jaipur.

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

Stock exchanges seek clarification on disclosure violations by Adani Group entities

Stock exchanges seek clarification on disclosure violations by Adani Group entities

Rediff.com22 Nov 2024

Stock exchanges have sought clarification on violation of disclosure norms by Adani Group entities regarding the alleged bribery case in the US and subsequent cancellation of Kenya's airport expansion deal. In its response to the case in the US, Adani Group firms on Thursday had said "there are no allegations made against the company". On clarification with regard to Kenya cancelling airport expansion and energy deals following the US bribery and fraud indictments, the group is yet to respond to the bourses.

Why Do Bowlers Rarely Become Captains?

Why Do Bowlers Rarely Become Captains?

Rediff.com27 Nov 2024

One of the reasons why bowlers are rarely considered captains is because they are more susceptible to injuries than batters, argues Vishal Menon.

Ola Electric rides into gig segment

Ola Electric rides into gig segment

Rediff.com27 Nov 2024

With India's gig economy projected to double in size, reaching over 10 million workers in the coming years, Ola Electric unveiled its new line of budget-friendly e-scooters, starting at under Rs 40,000. The market responded positively, with Ola Electric's stock rising by 5.67 per cent, closing at Rs 73.47 on the BSE.

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

Rediff.com24 Nov 2024

The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings.

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rediff.com26 Nov 2024

Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch. Moody's affirmed the ratings on all seven entities -- Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.

Sensex, Nifty tumble amid sharp fall in Adani stocks

Sensex, Nifty tumble amid sharp fall in Adani stocks

Rediff.com21 Nov 2024

State Bank of India, NTPC, ITC, Asian Paints, Bajaj Finance and Bajaj Finserv were also among the major laggards. In contrast, Power Grid, UltraTech Cement, HCL Technologies and Axis Bank were among the gainers.

Adani Green scraps $600 mn bond sale after bribery charges

Adani Green scraps $600 mn bond sale after bribery charges

Rediff.com21 Nov 2024

Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, on Thursday scrapped a Rs 600 million bond issue after its promoter was charged in an alleged bribery case in the US. Hours before the US prosecutors charged Gautam Adani and associates with participating in a scheme to pay over Rs 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts, the firm sold a 20-year green bond in the US-investment-grade market.

Adani stocks' mcap erodes by Rs 2.45 lakh cr

Adani stocks' mcap erodes by Rs 2.45 lakh cr

Rediff.com21 Nov 2024

Adani group stocks faced heavy drubbing during the early trade on Thursday, with Adani Energy and Adani Enterprises tumbling 20 per cent, as billionaire Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay $250 million bribe to Indian officials in exchange for favourable terms for solar power contracts. The stock of the group's flagship firm Adani Enterprises plunged 20 per cent, Adani Energy Solutions tanked 20 per cent, Adani Green Energy plummeted 19.17 per cent, Adani Total Gas tumbled 18.14 per cent, Adani Power slumped 17.79 per cent, and Adani Ports dived 15 per cent on the BSE.

Will Trump Be Adani's Saviour?

Will Trump Be Adani's Saviour?

Rediff.com26 Nov 2024

'If the criminal or civil charges are deemed unworthy or defective, Trump's new justice department and SEC can withdraw the criminal and civil cases.'

France's Total not to make any fresh investment in Adani

France's Total not to make any fresh investment in Adani

Rediff.com26 Nov 2024

French energy giant TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. The energy giant said it was not aware of the investigation into the alleged corruption. TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire and had previously taken stakes in the group's renewable energy venture Adani Green Energy Ltd (AEGL) and city gas unit Adani Total Gas Ltd (ATGL).

What Adani Group CFO said about the bribery charges

What Adani Group CFO said about the bribery charges

Rediff.com23 Nov 2024

None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani's indictment on bribery charges in the US. In a post on X, Singh said the group would make a detailed comment on the US indictment once it gets counsel approvals.

Adani denies entering into pact to operate Kenya airport

Adani denies entering into pact to operate Kenya airport

Rediff.com23 Nov 2024

Billionaire Gautam Adani's group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after US indictment on bribery charges, saying it had not entered into any binding agreement to operate Kenya's main airport. On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any disclosure on its cancellation.

Russell on pole in Las Vegas; Verstappen 5th on grid

Russell on pole in Las Vegas; Verstappen 5th on grid

Rediff.com23 Nov 2024

Max Verstappen, who could seal his fourth successive championship on Saturday, will line up fifth on the starting grid

Voltas' margins need to match growth trajectory for further gains

Voltas' margins need to match growth trajectory for further gains

Rediff.com28 Nov 2024

After a strong show during the September quarter (Q2FY25) and favourable demand conditions, going ahead, the country's largest player in the room air conditioner segment, Voltas is well placed to improve its market share. Expectations of record volumes in FY25 for the sector and the company's strategy of prioritising market share over margins could help the leader expand share in the room AC segment.

Private consumption is back; to boost economy: RBI Bulletin

Private consumption is back; to boost economy: RBI Bulletin

Rediff.com20 Nov 2024

Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.

Adani Charges Test For US Legal System

Adani Charges Test For US Legal System

Rediff.com25 Nov 2024

US prosecutors' case against Gautam Adani and others may stumble on the extraterritorial application of American law.

JSW MG surges in sales: Is this the disruption electric car market needs?

JSW MG surges in sales: Is this the disruption electric car market needs?

Rediff.com30 Nov 2024

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).