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.
Leader of Opposition Rahul Gandhi on Thursday demanded immediate arrest of industrialist Gautam Adani after the billionaire industrialist was charged in the United States for alleged bribery and fraud.
The ratio of market capitalisation to gross domestic product (GDP) in India remains elevated despite the recent correction in the equities markets. It was 147.5 per cent on December 3, 56 per cent higher than the 10-year average of 94 per cent. The current ratio is slightly lower than the all-time high ratio of 154 per cent at the end of September this year.
Germany beat Canada 2-0 on Wednesday to reach the Davis Cup semi-finals where they will face the Netherlands who advanced with a stunning upset of hosts Spain.
Tensions between the United States and Russia have reached new heights amid the ongoing Ukraine conflict, with a series of developments marking a dangerous escalation.
'What I hope to do is provide a vehicle for that scale and growth in literacy and English as a second language here.'
Harris stands at 48 per cent against Trump's 46 per cent in Pennsylvania, the UMass Lowell's Center for Public Opinion said.
The 4,700 kg GSAT-N2 High-throughput (HTS) satellite has been injected into the desired orbit, NewSpace India Limited (NSIL) said in a series of posts on microblogging site 'X.
Nitin Desai, who has known Dr Singh from 1971, extends his 'deepest condolences to his wife Gurcharan Kaur and to his three talented daughters Upinder, the historian; Daman, the writer; and Amrit, the human rights activist.'
Anmol Bishnoi, the brother of jailed gangster Lawrence Bishnoi, has been detained in the United States. He is wanted in connection with several criminal cases, including the murder of NCP leader Baba Siddique and firing outside actor Salman Khan's Mumbai home.
Former Prime Minister Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund (IMF) Gita Gopinath said on Friday.
Indian Grandmaster Arjun Erigaisi opened his campaign with four victories and a solitary defeat in the World Rapid Chess Championship and was tied fifth, even as defending champion Magnus Carlsen endured a frustrating day, managing to log just one victory in New York.
Despite Rashford's omission, Amorim assured that the rest of the team remains unaffected by the decision.
Thirteen-year-old India U-19 cricketer Vaibhav Suryavanshi from Bihar is the youngest among the lot at Rs 30 lakh base price.
HAL, BEL and MDL feature on Sipri's list of the 100 largest arms producers in the world.
Premier League champions Manchester City were drawn on Thursday with Juventus, Wydad AC and Al Ain in Group G for next year's FIFA Club World Cup in the United States.
'Not paying workers enough will end up being self-destructive or harmful for the corporate sector itself.'
A four-term Congresswoman, 2020 presidential candidate and NYT bestselling author, Gabbard is a veteran with three deployments to war zones in the Middle East and Africa. She recently moved from being a Democrat to a Republican member.
Goldman Sachs expects gold to reach $3,150 per ounce in the international market by December 2025, up around 19.1 per cent from its current level of $2,645, according to a recent report in Business Standard. Domestically, gold is trading at Rs 76,018 per 10 grams after delivering a remarkable 21.9 per cent return in the past year.
US President-elect Donald Trump has announced that Tesla CEO Elon Musk and Indian American entrepreneur Vivek Ramaswamy will lead the Department of Government Efficiency (DOGE). The department will be tasked with dismantling government bureaucracy, slashing excess regulations, cutting wasteful expenditures, and restructuring federal agencies. Trump has called this initiative "The Manhattan Project of the current time."
India voted in favor of a United Nations General Assembly resolution that called for the withdrawal of Israel from the Palestinian territory occupied since 1967, including East Jerusalem, and reiterated the call for achieving a comprehensive, just and lasting peace in West Asia. The resolution, tabled by Senegal, was adopted with 157 nations voting in favor, while eight nations voted against it and seven abstained.
The government and opposition parties on Monday reached an agreement to break the impasse in Parliament with dates announced for discussions on the Constitution in the Lok Sabha and the Rajya Sabha.
Ukraine has been informed about the Trump-Putin call.
President-elect Donald Trump ruled out two of his previous Cabinet members -- former Secretary of State Mike Pompeo and former envoy to the United Nations Nikki Haley -- to be part of his upcoming administration.
Naval assets take years to build, and therefore, not only is futuristic force planning essential, but indigenous projects must also be put into the pipeline, technologies developed and contracts for assets signed regularly so that the Indian Navy always remains a future-focussed force, asserts Vice Admiral Biswajit Dasgupta (retd).
Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.
Eight District Reserve Guards (DRG) jawans and a civilian driver were killed in Chhattisgarh's Bijapur district when Naxals detonated an improvised explosive device targeting their vehicle. The incident occurred near Ambeli village while the security personnel were returning from an anti-Naxalite operation. This is the biggest Naxal attack on security forces in the region in the past two years.
Two individuals, Carlisle Rivera, 49, and Jonathon Loadholt, 36, were arrested from Brooklyn and Staten Island in New York on Thursday.
United States president-elect Donald Trump on Thursday named his campaign manager Susan Wiles as his White House chief of staff, making her the first woman ever to hold this powerful position in any administration.
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.
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.
Prime Minister Narendra Modi and United States President-elect Donald Trump have 'reaffirmed their commitment' to working together to further strengthen bilateral ties across a range of sectors, the Ministry of External Affairs (MEA) said on Thursday.
Eminent Indian Americans on Wednesday welcomed the re-election of Donald Trump as the 47th president of the United States and assured to work with him on several issues, including that of the United States-India relationship.
Donald Trump's Presidency of the United States will open new opportunities for India though certain sectors, especially pharma and IT, may face the heat if the incoming president decides to impose restrictions on imports and H1B visa regulations, experts said on Wednesday. Prime Minister Narendra Modi's friendly relationship with Trump will have a positive bearing on Indo-US relations but India may have to adapt its strategies to maintain cooperation in areas of mutual interest.
'Trump would like the war in Ukraine to be over, and that it would be weighing on his mind even before the Inauguration ceremony in January next year.'
The pundits said it would take days to decide the winner of the 2024 US presidential election, but by midnight Eastern on November 5, 2024, it was clear that Donald J Trump would take office as the 47th President of the United States on January 20, 2025.
The state is in the process of grooming a supplier ecosystem, for which India is almost entirely dependent on imports.
'We were hoping for her victory and had planned celebrations bigger than Deepavali'
Prime Minister Narendra Modi on Wednesday congratulated 'friend' Donald Trump on his 'historic' presidential polls victory, and said he looks forward to renewing their collaboration to further strengthen the India-United States Comprehensive Global and Strategic Partnership.
As the poll projections start for the United States presidential elections, Vice President and Democrat Candidate Kamala Harris will not address supporters on Wednesday night (local time), but is expected to speak on Thursday (local time).
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