Business

Ahmedabad: Adani Group Chairman Gautam Adani expressed his honor in hosting Lindy Cameron, the British High Commissioner to India, on Monday. Adani praised Cameron’s “sharp, insightful take on the ever-evolving global landscape,” describing it as “truly captivating” in a post on X. He also highlighted the inspiring moment of Cameron engaging with the second batch of Chevening-Adani AI scholarship awardees who are set to attend leading universities in the UK. Adani noted, “The Adani Group is thrilled to support these…

Expansion, scheduled to open in September 2024, to Create 100s of New Jobs and Strengthen the Company’s Innovative Technology Portfolio Zoetis Inc., the global leader in animal health, announced the expansion of Zoetis India Capability Center in Hyderabad, to further drive the company’s innovative technology portfolio. This announcement was made during a meeting with the Honorable Chief Minister of Telangana, Sri A. Revanth Reddy, and the Minister for Industries and Commerce, Sri D. Sridhar Babu, during the ongoing USA tour,…

On Sunday, SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch issued a detailed statement addressing allegations made by U.S. short-seller Hindenburg. In its latest report, Hindenburg alleged links between the Adani Group and SEBI Chairperson Madhabi Puri Buch, claiming that documents obtained from whistleblowers indicate offshore entities involved in the Adani money-siphoning scandal had connections to Buch. The couple clarified that their investment in the fund occurred two years before Madhabi joined SEBI. Investment Made Prior to SEBI…

Gurugram :  Vivek Kumar Dewangan, IAS, CMD, REC Limited received ‘Distinguished Fellow’ Award at the 2024 Director’s Conclave & 34th IOD Annual Day. The Institute of Directors organized this esteemed event to recognize and honor the exemplary leadership and contribution of individuals in the corporate sector. The ‘Distinguished Fellow’ Award was presented to Sh. Dewangan by the Hon’ble Union Minister of State (I/C) for Law & Justice, and Parliamentary Affairs, Sh. Arjun Ram Meghwal, acknowledging his outstanding dedication and innovative…

Chief Minister Conrad K. Sangma inaugurated the AI technology-based company iMerit at Shillong IT Park, Umsawli, on Friday, in the presence of Radha Basu, Founder and CEO of iMerit. He described Shillong as an ideal location for IT-enabled companies, stating, “The government has initiated interventions to create an ecosystem where IT-enabled services can thrive. We are implementing projects to ensure fast and reliable internet connectivity across the State.” Discussing the importance of data-driven governance, Sangma highlighted, “Data is a crucial…

Vehicle scrapping facility centers are being set up by the Transport Department to systematically scrap vehicles older than 15 years owned by the government and corporations in the state and private vehicles that fail the fitness test. At present, two registered vehicle scrapping facility centres have been started in Bhopal district and one in Indore district. To encourage the general public to scrap vehicles through the Registered Vehicle Scrapping Facility Centre, a discount of up to 15 percent in motor…

YoY Income soars by 70%, EBITDA jumps 5X Chennai, 07 August 2024: Veranda Learning Solutions Limited, a public listed Education company (BSE: 543514, NSE: VERANDA) and a pioneer in the industry offering end-to-end Education services solutions, announced its financial results for the first quarter ended June 30, 2024. Carrying on its momentum from FY24, the company sustained its impressive growth as it capitalizes on the exciting opportunities and continues to deliver outstanding performance. During the quarter, the operating revenue stood at…

Mumbai: PFC has won ASSOCHAM’s prestigious” Corporate Bond Market 2024 Award” in the CB-Private Placement category. The award was presented at the 7th National Summit and Awards, Corporate Bond Market 2024 held on 9th August 2024 in Mumbai. This year, the theme was “Debt Democratization and Diversification.” Shri R. Doraiswamy, MD, LIC, Ms. Nipa Sheth, Chairperson of the ASSOCHAM National Council for Corporate Bond Market, Ms. Aditi Mittal, Co-Chairperson of the ASSOCHAM National Council for Corporate Bond Market, and Shri Pradeep Kumar Malhotra,…

Domestic steel consumption continues to grow Ongoing Government investments in the infrastructure sector are expected to bolster growth Steel Authority of India Limited (SAIL) has declared its financial results for the quarter ending 30th June, 2024. Key highlights: Performance of Q1 FY’25 (Standalone) at a glance:   Unit Q1 23-24 Q4 23-24 Q1 24-25 Crude Steel Production Million Tonnes 4.67 5.02 4.68 Sales Volume Million Tonnes 3.88 4.56 4.01 Revenue from Operations Rs. Crore 24,358 27,958 23,998 Earnings Before Interest, Tax,…

Chief Minister Dr. Mohan Yadav has said that Madhya Pradesh is the most suitable destination for ready-made garments for investors and industrialists. He informed that there has been an unprecedented increase in the area under cotton sowing in Madhya Pradesh. The cotton here is the best. This is the reason why cotton mills have been in demand in Indore, Madhya Pradesh for years. Madhya Pradesh being in the centre of the country makes its connectivity all the more useful for…