With a slowdown in global growth giving rise to concerns about a global recession, most commodity prices have been easing since June 2022. In January 2023, however, they remained elevated…
Author: Admin
Adani’s Rs 8,673 crore copper project puts 7 public sector banks in the spotlight
The State Bank of India, Bank of Baroda, Indian Bank, Punjab National Bank, and EXIM Bank, all public sector entities, have a committed a loan facility of Rs 6,071 crore…
India’s potential in green energy is like a goldmine, invest here, urges PM Modi
Prime Minister Narendra Modi today said that Union Budget 2023 will offer a huge array of investment opportunities, like the National Green Hydrogen Mission, ethanol blending, battery storage and vehicle…
Asian currencies witness a bit of reprieve, lift rupee
The Indian rupee rose against the dollar on Thursday, helped by a broad recovery in Asian currencies following losses fuelled by worries over rising US yields. The rupee was at 82.77…
Adani fiasco: Hindenburg’s Nathan Anderson alleges Vinod Adani as key negotiator of deals for the conglomerate
Adani stock rout: Nathan Anderson, the founder of the New York-based Hindenburg Research, whose scathing report on the Adani Group last month led to a major rout in its shares,…
Citigroup CEO Jane Fraser gets a pay hike! Gets $24.5 million paycheck in 2022
At a time when job cuts are impacting employees across sectors, Citigroup Inc paid Chief Executive Jane Fraser $24.5 million for 2022, up 9 per cent from the prior year.…
Intel cuts dividend to lowest since 2007 to save cash
Intel Corp on Wednesday cut its dividend payout to its lowest in 16 years and decided to scale back big investments to save cash amid slowing demand for its chips…
SAP announces ex-Deloitte CEO Punit Renjen as chairman designate to succeed co-founder
SAP named former Deloitte CEO Punit Renjen as chairman designate to succeed co-founder Hasso Plattner, whose term will expire in May 2024. SAP’s board nominated Renjen, global CEO of Deloitte…
Good news for Adani Green shareholders! Sri Lanka investment board approves firm’s $442-mn wind power plants
Sri Lanka’s Board of Investment on Wednesday approved two wind power plants by Adani Green Energy Ltd with a total investment of $442 million, a statement issued by the board…
Aditya Birla Ventures wins ‘outstanding new fund’ award from industry body IVCA
Aditya Birla Ventures (ABV), the venture capital arm of the $70-billion market cap Aditya Birla Group that backs new-age, high-growth businesses, has been awarded by Indian Venture and Alternate Capital Association…