International media also continues to spotlight India-US-Canada tensions, now covering Australia’s stance & looks at how Adani’s actions in Bangladesh expose its economic vulnerabilities.
Omar Abdullah being a key rival to the Indian PM in Kashmir also makes international news, as do the demonstrations taking place in Kenya against Adani Group.
The govt has amended rules to allow power exporters to sell within India, under certain conditions. Currently, Adani Power has the only plant with 100% capacity contracted for exports.
Adani Group companies experienced a decline of up to 4 percent Monday, with Adani Wilmar being the biggest loser, dropping by 4.1 percent to close at Rs 369.35.
Hindenburg's allegations 'baseless' & 'devoid of any truth', say SEBI chairperson Madhabi Puri Buch and her husband. Congress calls for joint parliamentary committee to investigate issue.
In January 2023, Hindenburg published report accusing Adani Group of financial irregularities, leading to sharp drop in company's stock price. Adani Group had rubbished these claims.
Global media also explores India's decision to facilitate visas for Chinese technicians & impact of the AI revolution on India’ technology outsourcing industry.
Hindenburg issued a response to a show-cause notice from India’s market regulator. Both documents contain new findings on several aspects of the short-seller’s Jan 2023 report on Adani Group.
The Group’s stocks rose strongly on Monday, following exit polls that predicted a landslide for Modi, but reversed all gains Tuesday as trends showed the BJP would fall well short of a single-party majority.
The old XUV 700 was an indication that the Indian manufacturer had begun to up their game. But 7XO is world-class in terms of fit, finish, and equipment.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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