Billionaire Gautam Adani-led group's power transmission unit has raised $1 billion through a share sale, the first public equity raise by the conglomerate since a damning Hindenburg report, which wiped away billions in shareholder value. Adani Energy Solutions Ltd raised the funds through a qualified institutional placement (QIP) issue, sources with direct knowledge of the matter said. The QIP, which opened on Tuesday, was oversubscribed three times with demand of about Rs 26,000 crore - making it the largest transaction in India's energy space.
India's second-largest passenger vehicles firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960.
Warner and Head have turned up on numerous occasions for the Baggy Greens laying the foundation for their successful totals.
A sojourn in Seoul, one of Asia's largest metropolises, where the ultra-modern coexists with the ancient -- temples and palaces with futuristic skyscrapers climbing to the stratosphere, K-pop with Buddhism, a village within city limits.
Australian chair of selectors George Bailey said Fraser-McGurk and Short made "compelling cases" for selection, and provide better than adequate cover should squad members go down during the tournament.
L&T surprised on the upside of consensus due to stronger-than-expected growth overseas. The Q1FY25 results were ahead of estimates on both revenue and net profit fronts. The company reported a 15 per cent year-on-year (Y-o-Y) growth in revenues along with 15 per cent Y-o-Y growth in operating profit and 12 per cent Y-o-Y growth in net profit on consolidated basis.
'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'
'Till a few years ago, girls wouldn't take an autorickshaw alone. Now, things have improved.'
Here's your travel guide to exploring some of India's most beautiful villages.
Green Zone of the Iraqi capital houses government agencies and foreign embassies. 'Two Katyusha rockets fell in the Green Zone, no people were injured,' Iraq's security services said.
Karn Sharma's brilliant effort in the field saw Axar Patel's strong knock come to an end.
Discover our country through great Indian rail trips!
It seems that the West is sending a signal to India that it can return to old hostilities unless India toes their line on Russia. It is no surprise that India is being compared with Putin's Russia in terms of targeting 'dissidents' as the West calls these Khalistani terrorists, asserts Colonel Anil A Athale (retd).
Gujarat Giants will be wary of Royal Challengers Bengaluru's newfound firepower in the middle-order when the teams clash in the Indian Premier League in Ahmedabad on Sunday.
'The government has put in a lot of effort to provide infrastructure for the industry.'
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
'We found certain banks having lakhs of such accounts with apparently no valid reason.'
India needs to recognise and address challenges posed by its dependence on China for critical minerals and examine the implications of phasing down coal on bank balance sheets as it accelerates its green transition, the government's Economic Survey 2023-24 tabled in Parliament on Monday said. As part of its national plan to contribute to meeting the global goal of limiting the average temperature rise to 1.5 degrees Celsius, India has committed to reducing emissions by 45 per cent below 2005 levels by 2030, achieving 50 per cent cumulative electric installed capacity from non-fossil fuel-based energy resources, and creating a carbon sink of 2.5 to 3 gigatons of CO2 equivalent through additional forest and tree cover.
'The private sector believes that some enablers in labour-intensive sectors like apparel, toys, tourism, and media retail, can unlock a lot of jobs.'
Jake Fraser-McGurk set the IPL alight with his smashing performance with the bat for Delhi Capitals, hitting 330 runs in nine matches at a strike rate of 234.
Heinrich Klaasen is the most expensive retained player in IPL history.
'The government has put in a lot of effort to provide infrastructure for the industry.'
Shreyas Iyer, who led KKR to the IPL 2024 title, could be headed for the players' auction after failing to make a breakthrough in negotiations, while K L Rahul is also unlikely to be retained by LSG.
'All options will be considered. We're not going to make the decision until the deadline, which will be the West Indies game.'
The Supreme Court on Tuesday said it will lay down guidelines for all citizens and not for any particular community on the issue of demolition of properties.
In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.
Veteran Smith, IPL sensation Fraser-McGurk ignored; Marsh to lead Aus at T20 WC
Modi, who is visiting Ukraine at the invitation of President Volodymyr Zelenskyy, has said that he will share with the Ukrainian leader perspectives on peaceful resolution of the ongoing conflict.
Jefferies has identified 11 stocks set to benefit from long-term macro trends like capital expenditures, government manufacturing initiatives, and financialisation.
India, who have returned victorious in both their previous Test assignments Down Under with identical margins of 2-1, will take on the world No.1 Australia in a five-Test series starting on November 22.
Cassandre Beaugrand won gold in the women's triathlon at the Paris Olympics on Wednesday
An easy, simple breakfast or brunch, that goes well with toast.
The 21-year-old Lucknow Super Giants fast bowler has turned heads with his raw pace and razor-sharp control.
This recipe has a wonderful royal touch.
Mining conglomerate Vedanta Limited has received approvals from the majority of its creditors for a proposed demerger of businesses, marking an important step in the company's plan to split into six independent listed companies. "I am happy to let all of you know that we have received the 52 per cent plus the additional percentage, which is required for us to reach 75 per cent. "We have crossed that threshold as well. Most of the lenders have approved it," a senior Vedanta executive said in a recent bondholder conference call.
From a maths perspective, Royal Challengers Bengaluru and Gujarat Titans can still reach the IPL playoffs, but they need to ward off inner gremlins on Saturday to notch a mandatory win to keep that dream flickering.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances