Adani Power Ltd's Rs 7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. "We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired," Adani Power said in a regulatory filing on Wednesday. Earlier in August 2022, Adani Power had informed the bourses that it has agreed to acquire DB Power Ltd (DB Power), which owns and operates a running 2x600 MW thermal power plant at district Janjgir Champa in Chhattisgarh.
Billionaire Gautam Adani on Wednesday shared a personal note on the development of Dharavi in Mumbai, days after the Maharashtra government issued a resolution to award the Dharavi redevelopment project to his conglomerate on July 14. In the note shared with the media, Adani said his first tryst with Dharavi in Mumbai was in the late 1970s, and the slum settlement continues to amaze and inspire the billionaire to date. "When this opportunity to renew Dharavi came calling, I seized it with both hands," he said.
Five state-run general insurance companies have a total exposure of Rs 347.64 crore, or 0.14 per cent of their total assets under management (AUM), in Adani group of companies, the finance ministry said on Monday. In a written reply to a question by Congress' Manish Tewari, Minister of State for Finance Bhagwat Karad said Life Insurance Corp (LIC) held Rs 35,917.31 crore in debt and equity of Adani group of companies as on December 31, 2022. This is 0.97 per cent of its total assets under management (AUM) of Rs 41.66 trillion.
Vets and animal experts from FOUR PAWS International, a global animal welfare organisation, performed a dental procedure on Madhubala, a 16-year-old elephant, at the zoo in Karachi.
'IDF (the Israeli Defence Forces) soldiers, be it a girl or a boy, they may look very cute, but you cannot mess with them.' 'People are serving their country at 95 years of age. That's the greatest example of patriotism.'
'We buried her yesterday.' 'There were so many bodies, they could not fit in the hospital anymore, so they put them in an army base nearby.'
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after 37 World Cup 2023 games.
Stocks of all the ten listed Adani Group firms ended with gains on Wednesday, continuing the positive momentum amid a recovery in the broader equity market. Adani Enterprises stock jumped 14.70 per cent to settle at Rs 1,564.55 on the BSE. In intra-day trade, it rallied 15.83 per cent to Rs 1,580.
'Assassinating the leaders of an organisation, destroying their homes, buildings and institutions are not 'wiping out' an organisation.' 'Genociding the Lebanese or the Palestinians is something that Israel cannot technically do, let alone morally afford.'
The National Investigation Agency on Friday filed a fresh charge sheet against five persons in connection with the Coimbatore car bomb blast in October 2022, and said the prime accused was "reportedly inspired by the hardcore ISIS ideology" to carry out this terrorist attack.
'Everyone I know has somebody kidnapped or murdered by the terrorists.'
Auditor Deloitte flagged three transactions, including recoveries from a contractor identified in the Hindenburg report, as it issued a qualified opinion on the accounts of Adani Ports & Special Economic Zone.
The Indian team management will be fretting over its bowling combination with Jaydev Unadkat, Mukesh Kumar and Navdeep Saini locked in a three-way fight for the third pacer's slot.
Industrialist Gautam Adani slipped out of the World' Real-time Billionaires list of Forbes on Friday and was placed in 22nd position. Gautam Adani's wealth had declined 21.77 per cent or $16.2 billion. The current net worth of the industrialist was $581.1 billion at 1.23 pm (IST) on Friday afternoon, while Reliance Industries Mukesh Ambani's net worth was at $82 billion.
The Central Bureau of Investigation on Friday took into custody three railway personnel in connection with the June 2 Balasore train accident, making its first arrests in the case, officials said.
'The question is, which is worse?' 'Is it worse that he would be resting in peace or is it worse that he's being held by these terrible people who have attacked and killed babies and raped women?'
The National Investigation Agency (NIA) on Monday attached 17 properties of Kashmiri businessman Zahoor Ahmed Shah Watali in a terror funding case, the agency said.
Shares of Adani Group firms continued to remain weak for the seventh day running on Friday amid a host of negative events surrounding the companies. The stock of Adani Enterprises tumbled 20 per cent to Rs 1,173.55 -- its one-year low -- on the BSE. Shares of Adani Ports tanked 10 per cent, Adani Transmission (10 per cent), Adani Green Energy (10 per cent), Adani Power (5 per cent), Adani Total Gas (5 per cent), Adani Wilmar (4.99 per cent), NDTV (4.98 per cent), ACC (4.24 per cent) and Ambuja Cements (3 per cent).
'We thought all the Jews in the world could live securely in today's world, and that feeling is broken.'
The Grand Cross of the Legion of Honour given by France is another in a series of top international awards and honours bestowed by various countries on Prime Minister Modi.
In a temporary relief for Imran Khan, a Pakistani court on Wednesday ordered the police to stop till Thursday its operation outside the former prime minister's residence in Lahore to arrest him in a corruption case after a scuffle between the security personnel and his supporters.
The body of a junior commissioned officer was retrieved from a stream in the Poshana area of Surankote late Saturday evening, while the body of a second soldier was found this morning as the water level started receding in the district.
A surprise attack by Hamas militants from Gaza at daybreak killed at least 200 Israelis on Saturday even as Prime Minister Benjamin Netanyahu declared "war" and said his country would extract an "unprecedented price" from its enemy.
US-based boutique investment firm GQG Partners along with other investors on Wednesday bought an 8.1 per cent stake in Adani Power Ltd for over Rs 9,000 crore ($1.1 billion) as the marquee investor shrugged off damning report of a US short seller to invest in billionaire Gautam Adani's group.
'India is respected by both Israel and Palestine.' 'India can push the international community for the peace process.'
The Jammu and Kashmir high court on Friday ordered that the body of a civilian dubbed a terrorist and killed by the police during an encounter in Hyderpora last November be exhumed and handed to his family for last rites.
World cricket's most intriguing rivalry will once again be renewed when India take on an unpredictable Pakistan with rehabilitated pacer Mohammad Aamir being the focus of attention in a round-robin league encounter of the Asia Cup T20 tournament, in Mirpur, on Saturday.
Adani Ports and Special Economic Zone (APSEZ) on Monday started the first debt buyback programme since billionaire Gautam Adani's conglomerate was targeted by a US short-seller in January. APSEZ floated a tender to buy back as much as $130 million of its July 2024 bonds and similar amounts in each of the next four quarters, it said in an exchange filing, as it looks to regain investor confidence by showing that its liquidity position is comfortable. Shares of Adani group companies pummelled after Hindenburg Research in a January 24 report accused it of accounting fraud and improper use of offshore tax havens for stock manipulation.
Following 48 hours of suspense, the two players met with the chairman of the Pakistan Cricket Board (PCB) Shaharyar Khan in Lahore after which the latter announced the two have agreed to join the camp.
Adani Enterprises, the flagship of Adani Group, said on Wednesday new businesses of renewables, data centres, airports and roads account for more than 33 per cent of earnings and it will complete all infrastructure projects on time. "We are laser focused on continuing our business momentum, in this market volatility. "We are confident in our internal controls, compliance and corporate governance.
Pakistan has responded to a letter by India asking to start negotiations for the review of the Indus Water Treaty, the foreign office said on Wednesday.
Israel needs to come terms with the new reality that they are no longer invincible or the dominant power in the West Asian region, observes Ambassador M K Bhadrakumar.
NCP leader Malik was arrested by the ED last month in a money laundering case. Following a complaint filed by the minister's son Amir Malik, the V B Nagar police registered the FIR late Wednesday night, he said.
'Hamas is going to be prepared. There will be booby traps and tunnels; it's going to be door to door fighting.'
If you are interested in working with OpenAI, feel free to email Sam Altman. In a free-wheeling fireside chat with university students on Thursday in Delhi, the CEO of OpenAI and his team seemed eager to welcome bright young IT practitioners of India into the OpenAI work space. Asked about the steep degree requirements for applying to tech giants such as Microsoft and Google, Altman said that his company was open to hiring undergraduates and even college drop-outs.
Prime Minister Narendra Modi was on Monday conferred with the highest honour of Fiji by its premier Sitiveni Rabuka in recognition of his global leadership, in a rare honour for a non-Fijian.
Amir had announced his retirement last month after being dropped for tour of New Zealand.
'Israel has received an extremely hard and rude reminder that it cannot go ahead and talk of normalisation of relations with other Arab countries without addressing the issues pertaining to Palestine.'
Police in Pakistan's restive Khyber Pakhtunkhwa province said on Monday that an initial probe has suggested that the banned terrorist group Islamic State is behind the suicide attack on a political convention of a hardline Islamist party that killed at least 46 people and injured over 100.
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