Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.
Ukrainian President Volodymyr Zelenskyy on Wednesday invoked Pearl Harbor and 9/11 attacks in appeal to the United States Congress for help against Russia.
Harris, 55, who is the first black to be selected as a vice-presidential candidate of a major party, took a trip down the memory lane, mentioning her 'long walks' in Madras (now Chennai) with her grandfather who would tell her about the 'heroes' responsible for the birth of the world's largest democracy.
The legislative amendment was passed on Thursday by voice vote as part of an en bloc (all together as a single unit) amendment during floor consideration of the National Defence Authorisation Act (NDAA).
'This funding provides support directly to some of the more than 18 million vulnerable Afghans in need in the region'
The Russian armed forces have established full control over the Ukrainian city of Melitopol in the south of the country, Russian Defense Ministry spokesman Major General Igor Konashenkov said on Saturday.
We can make a beginning by openly acknowledging the Russian help in 1971 victory when President Putin visits India on 6 December 2021. Showing gratitude to a friend is part of our DNA, notes Colonel Anil A Athale (retd).
American help in defending our independence will send a strong signal to the Chinese, argues Colonel Anil A Athale (retd).
Meet Srihari Sathe. Producer. Director. Professor.
Changes in global oil and gas rates matter more to India's economy than other major economies because the country imports around 87 per cent of its oil, half of its gas in the form of LNG, and over 60 per cent of its LPG.
IMAGES from the matches played during the Wimbledon Championships at the All England Lawn Tennis and Croquet Club, at Wimbledon in London on Thursday
Joginder Tuteja looks at August's OTT releases.
The New York Times story on Delhi's education system was based on 'an impartial and on-the-ground reporting', the American newspaper said on Friday, rejecting the paid news charge.
'Dr Shashi Tharoor by far is a much better choice.'
Referring to how unified Washington Allies have been in isolating President Putin, Biden stated, "...The Quad is, with the possible exception of India being somewhat shaky on some of this, but Japan has been extremely strong -- so has Australia -- in terms of dealing with Putin's aggression."
The chairman of the JSW Group of companies, Sajjan Jindal, whose stake in the group is valued at $14.5 billion (Rs 1.1 trillion), is betting $4.5 billion of his personal fortune in the firm's bid for Ambuja Cements. According to bankers, Jindal's contribution will be a combination of share sale and debts raised by pledging the stake of the target entities with private equities. The JSW Group chairman has offered $7 billion for Ambuja Cements, including $2.5 billion of investments from private equities, the Financial Times reported on Tuesday.
'Last year, India exported more software than Saudi Arabia exported oil.' 'Last year India got $83 billion of private equity.' '50 percent of India's FDI has come in the last five years.'
Much to the surprise of Beijing, Nepal's Parliament on Sunday ratified the contentious US-funded $500 million Millennium Challenge Corporation compact along with an interpretive declaration a day ahead of the February 28 deadline set by Washington.
The defence secretary was responding to a question from Congressman Joe Wilson, a friend of India in the Congress who, of late, has been critical of India deciding to take an independent position on the Russian invasion of Ukraine.
Singh, in his address to the Indian-American community in San Francisco, also sent a subtle message to the United States that New Delhi does not believe in a diplomacy of 'zero-sum game' and its relationship with one country cannot be at the expense of the other.
Khan met Russian President Vladimir Putin in the Kremlin on February 24, the day the Russian leader had ordered a "special military operation" against Ukraine.
The United States has so far allocated only 7.5 million doses of Covid vaccines to India, which is not enough, a top Indian-American Congressman said while urging the Biden Administration to do more.
Kapil said the mentality of Indian parents towards sports has changed drastically over the years, but more needs to be done.
Pro-Palestinian sympathies among fans have also spilt into stadiums as four Arab teams compete
The aftermath of Mani Ratnam's Ponniyin Selvan has led to an argument that there was no religion as Hinduism in Chola times.
Instead, there was only Saivism, Vaishnavism, etc, and that the Cholas were Saivites, and hence not Hindus, observes N Sathiya Moorthy.
Washington is signalling to Delhi that it can rely on American support in any great game vis-a-vis China. Delhi shouldn't fall into the trap, argues Ambassador M K Bhadrakumar.
Reports say, Indian army had destroyed 13 M24 Chaffee light tanks and two F-86 Sabres (fighter jet) along with capturing of two Pakistani air officials by Muktibahini, reported Bangladesh Live News.
The United States has announced the end of its 20-year-old war in Afghanistan as the last American military flight flew out of the Hamid Karzai International Airport in Kabul shortly before the August 31 deadline.
Aseem Chhabra presents his list of 10 international films that mattered to him, stories that he connected with and characters that gave him a better understanding of the human condition.
As with the last 37 years, this year too the India Day Parade in New York saw thousands of Indian Americans throng Manhattan's Madison Avenue to celebrate India's Independence Day. For the thousands of Indians who turned up, it was a once in a year chance to showcase their country's rich cultural diversity.
"Thanks to the profound commitment of our citizens, we have flattened the curve and countless American lives have been saved. Our country is now in the next stage of the battle. A very safe, phased and gradual reopening of our country," Trump said.
United States President Joe Biden has nominated Indian-American lawyer and rights activist Kiran Ahuja to head the Office of Personnel Management, a federal agency that manages America's more than two million civil servants.
My candidate for the best general of the last century hailed from a little, poor colonised Asian nation whose impact on world affairs rarely amounted to much, notes Shankar Acharya.
Any form of entanglement with India or the US on the strategic plane will be anathema to Sri Lanka's Rajapaksa rulers, observes Ambassador M K Bhadrakumar.
Pulitzer Prize-winning author and oncologist Siddhartha Mukherjee, and Professor of Economics at Harvard University Raj Chetty have been named by the Carnegie Corporation of New York as '2020 Great Immigrants' honourees, the Corporation said in a statement on Wednesday.
If you are serious about countering the Chinese threat, then the best weapon is investing in real freedom, plurality, elections and democracy. Unfortunately, it isn't an approach all Indians currently seem to agree on, asserts Shyam G Menon.
Bhavish Aggarwal, the founder of ride-hailing firm Ola who disrupted the electric scooters market in the country, is planning to launch an electric sports car in 2024. The plan will put it in competition with Indian players, such as the Tata group and Mahindra & Mahindra, and global giants like Tesla and Hyundai. Aggarwal, recently, took a group of reporters to the firm's design studio at the Ola campus in Bengaluru where his teams are working on several EVs, including scooters, motorcycles, sedans, and SUVs - and even robotaxis.
'I love clean air but Russia and China, you look at a map you have all these spots and India and many others are spewing it in. What do you suggest?'
Where we bring you the best of celebrity foodgasm moments.
You'll be spoilt for choice on OTT this week. Sukanya Verma lists everything you simply cannot afford to miss.
