Anji bridge update: India will soon get its first “cable-stayed” railway bridge! Indian Railways is constructing this engineering marvel in the Reasi district of Jammu & Kashmir under the Udampur-Srinagar-Baramulla (USBRL) railway project. The Anji Khad bridge is an asymmetrical cable-stayed bridge balanced on the axis of a central pylon. The total deck width is […]
SAN FRANCISCO: Facebook parent Meta Platforms is planning additional layoffs to be announced in multiple rounds over the coming months that in total would be roughly the same magnitude as the 13 per cent cut to its workforce last year, The Wall Street Journal reported.The new cuts, the first wave of which is expected to […]
NEW DELHI: Apple Inc partner Foxconn Technology Group says it is committed to setting up manufacturing facility in Telangana, Hyderabad, the company said. In an official letter addressed to Telangana chief minister K Chandrasekhar Rao, the Taiwanese electronic major confirmed its commitment of setting up the manufacturing facility in Kongar Kalan.Foxconn Technology Group chairman Young […]
Sebi on Thursday barred 31 entities, including actor Arshad Warsi, his wife Maria Goretti and promoters of Sadhna Broadcast from the market. The move is related to misleading videos on YouTube channels – ‘The Advisor’ and ‘Moneywise’ – luring investors to buy the TV channel’s shares. Sadhna’s promoters who have been restrained from the market […]
NEW DELHI: In latest development to the Adani-Hindenburg row, the Supreme Court on Thursday set up an expert panel comprising 6 members to look into the protection of Indian investors in the aftermath of a damning report by the US short seller. The panel, led by former SC judge Justice A M Sapre, will regulate […]
MUMBAI: In August, as India’s Adani group neared the completion of its $10.5 billion purchase of two cement businesses, the conglomerate and its banks put out some particularly complicated filings.On page 21 of an 85-page document, was a diagram of seven unlisted firms registered in the British Virgin Islands, Mauritius and Dubai. They were interlinked […]
NEW DELHI: Amid reports of cut in growth targets and capex, Adani Group on Monday said that its growth plans are intact, business plans are fully funded and it remains confident of delivering returns to shareholders. “Once the current market stabilizes, each entity will review its own capital market strategy, be rest assured, we are […]
NEW DELHI: Most Adani Group stocks declined after people familiar with the matter said the conglomerate has cut its revenue growth target in half and plans to postpone new capital expenditure in the aftermath of a bruising short seller attack.Adani Green Energy Ltd., Adani Total Gas Ltd., and Adani Transmission Ltd.. were down by the […]
NEW DELHI: The Supreme Court on Friday sought the Securities and Exchange Board of India’s (Sebi) response on 2 PILs accusing the market regulator of inaction in regulating the share markets in the face of Hindenburg report which resulted in crash of Adani group company share prices & massive loss to small investors.It has fixed […]
NEW DELHI: In a major crackdown, the Central government has initiated the process to ban and block 138 betting apps and 94 loan lending apps with Chinese links on an ‘urgent’ and ’emergency’ basis, top government sources said on Sunday. Ministry of Electronics and Information Technology (MeitY) is learnt to have taken the decision based […]
