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.
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.
It's a special day on social media, as film folk celebrate birthdays and share beautiful moments from their life on social media.
Novak Djokovic said the pursuit of Olympic gold left him without much in the tank for his US Open title defence.
Jr NTR-Lakshmi Pranathi-Rishab Shetty-Pragathi at a temple...Priyanka attends another wedding... Manushi takes back a souvenir...
Explosions shook cities and towns across Ukraine in the second-largest attack this week on Friday.
Hasina said she left Bangladesh in August with an aim to stop the violence. However, the situation has deteriorated further, she said.
Helen said the US embassy in Dhaka will resume this week its consular service to expedite visa processing.
The strong rebuttal by Thakur came after the US-based newspaper published an opinion piece on alleged curbs on information flow in Kashmir.
Yashasvi Jaiswal made most of some free time in New York ahead of the T20 World Cup.
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.
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.
Iga Swiatek was thrilled to see Ted Lasso lead Jason Sudeikis in the stands.
The BCCI has refused to send its team to Pakistan for the upcoming Champions Trophy and there speculation that the entire tournament could be moved out of the country.
Billionaire Elon Musk has completed his $44 billion takeover of Twitter and fired the social media company's four top executives, including CEO Parag Agrawal and legal executive Vijaya Gadde. The New York Times said that Musk, the world's richest man, closed the deal to buy Twitter on Thursday. Citing people with knowledge of the situation, the report said that Musk "has started cleaning house at Twitter with the firings of at least four top executives". The Twitter executives who were fired include Agrawal, Gadde, chief financial officer Ned Segal and general counsel Sean Edgett.
The police were seeking a man with a gas mask and an orange construction vest, the official said, reported The New York Times.
New York Governor Eliot Spitzer, who was considered a crusader against corruption, has informed his most senior advisers that he had been involved in a prostitution ring, according to a report. Spitzer, who was huddled with his top aides inside his apartment early Monday afternoon, had hours earlier abruptly canceled his scheduled public events for the day, the New York Times reported Monday on its website, quoting an administration official.
A cloud of uncertainty hangs over the Indian cricket team as fans eagerly await the arrival of star batsman Virat Kohli.
Nick Kyrgios is providing commentary by the court for ESPN and trading barbs with critics on social media. The Australian has not been shy to express an opinion.
Jake Paul beats Tyson in blockbuster bout
Prime Minister Narendra Modi will not address the annual debate at the United Nations General Assembly session later this month, according to a revised provisional list of speakers issued by the UN.
Carlos Alcaraz has vowed to learn from the incident and ensure it doesn't happen again
He was a formidable musician but seemed utterly human, a Peter Pan who wore his genius with deceptive lightness. Sandip Roy remembers Ustad Zakir Hussain.
Describing the conflict between Israel and Hezbollah as the deadliest in decades, Biden said lasting security for the people of the two countries cannot be achieved only on the battlefield.
The Modi-Putin conversation in Samarkand was widely carried by the mainstream American media.
On Wednesday, October 18, United States President Joe Biden arrived in Tel Aviv to meet Israeli Prime Minister Benjamin Netanyahu.
"Americans received a sobering reminder on Saturday of the threat that political violence poses to our democracy," The New York Times said.
The T20 World Cup in the US is a 'landmark event' and there is huge excitement among the diaspora as well as across America, said Consul General of India in New York Binaya Srikanta Pradhan.
At the special screening of Mrs, Sanya wore a kurta designed by her mother, Renu Malhotra, and wrote an heartfelt letter to her mother.
The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.
More than two dozen lawmakers and prominent Indian Americans gathered at the US Capitol for the annual Diwali celebration, highlighting the contributions of the Indian American community and the strong US-India relationship. The event, organized by the BAPS Shri Swaminarayan Mandir, also featured addresses from several Congressmen and Senators who expressed support for Indian Americans and emphasized the importance of the US-India partnership.
Images from the US Open women's singles third round matches, at Flushing Meadows, New York, on Friday.
Images from the US Open men's singles first round matches, at Flushing Meadows, New York, on Tuesday.
Huma's in the Seychelles... Aditi wants to fly... Dia shares a throwback pic...
What was once a solemn Vedic ritual is today a celebration for the entire extended family. And why not? With families living in distant cities, even continents, weddings are seen as an occasion for cousins and uncles to congregate under one roof for two or three days, observes Ambi Parmeswaran.
Latvia's Jelena Ostapenko and Ukraine's Lyudmyla Kichenok won the women's doubles crown at the US Open with a 6-4, 6-3 victory over the Chinese-French pairing of Zhang Shaui and Kristina Mladenovic on Friday.
The investigation identified at least seven locations where Israeli women and girls appear to have been sexually assaulted or mutilated.
Varun misses his dog... Rasika starts shooting for a new season...Neena catches a sunset...
Images from the US Open men's singles quarter-finals at Flushing Meadows, New York, on Wednesday.
New York City's newly inaugurated Second Avenue subway line features museum quality mosaic art, including portraits of Sikh-American designer Waris Ahluwalia and an Indian woman in a sari. Inside the stations that were a century in the making.
