Bangladesh has reportedly sought a revision of the 2017 power purchase agreement with Adani Power Ltd since the electricity pricing appeared too expensive. An official from the Bangladesh Power Development…
Author: Admin
Amul hikes milk prices by Rs 3/litre; check latest rates here
The Gujarat Cooperative Milk Marketing Federation (GCMMF) that markets its products under the Amul brand, has hiked the prices of milk by Rs 3 per litre across all variants. GMCCF…
‘I’m very bullish on India’: Apple CEO Tim Cook
From 2007, when the first iPhone wasn’t even launched in the country, to the first global launch and availability phase, India has emerged as a key strategic market for Apple.…
They did a wonderful thing by withdrawing FPO: Gautam Adani’s former lawyer Harish Salve
Ports-to-energy conglomerate Adani Group Chairman Gautam Adani’s former lawyer and ex-Solicitor General of India Harish Salve said that the beleaguered tycoon’s decision to withdraw the Rs 20,000 crore follow-on public…
Ford posts lower profit, issues downbeat outlook; shares drop
Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted a difficult year ahead, sending its shares down after the bell as investors were disappointed following this…
Qualcomm sees earnings below Street as smartphone market sags
Qualcomm Inc forecast second-quarter revenue and profit below Wall Street estimates on Thursday as the chipmaker grapples with the combined toll of weak demand for smartphones and a supply glut,…
Alphabet disappoints on sales as ad business slips after pandemic run-up
Alphabet Inc on Thursday posted fourth-quarter profit and sales short of Wall Street expectations as Google’s advertising clients pulled back spending from a period of pandemic-led excess. Executives of the…
Adani firms made scheduled US bond payments, to release credit report Friday: Report
Adani Group entities made scheduled coupon payments on outstanding U.S. dollar-denominated bonds on Thursday, a bondholder and a source with direct knowledge of the Indian conglomerate’s strategy told Reuters. The…
Jo Johnson, former UK PM Boris Johnson’s brother, resigns as director of UK firm with Adani ties
Lord Jo Johnson, the former Conservative minister and brother of former UK prime minister Boris Johnson, has resigned as a director of a London-based firm with ties to the embattled…
With an eye on IPO, Unacademy to offer stock options to employees instead of cash appraisals
Edtech unicorn Unacademy is shifting its employee appraisal system this year by offering performance-based stock options to employees instead of cash appraisals. This move is part of the company’s cost-cutting…