To scrutinise rationale for recast, structural details, plans for each unit

Anil Agarwal

In an interview, Agarwal said the response to the steel and iron business will help the company reduce debt

Move comes a week after IHC sold its stake in Adani Green and Adani Transmission

Adani, Adani Group

Stocks to Watch on Wednesday, October 4, 2023: Bajaj Finserv's insurance arm, Bajaj Allianz General Insurance has received a show cause notice alleging a tax demand of Rs 1,010.05 crore

image

A corporate presentation notes the "consistent shareholder returns" from more than $11 billion in dividends over the past decade

Vedanta

Toyota Kirloskar Motor on Sunday said its total wholesales increased 53 per cent year-on-year to 23,590 units in September, its highest-ever in a month.
The automaker had dispatched 15,378 units to dealers in the same month last year.
Total sales achieved include 22,168 domestic units and export of 1,422 units, Toyota Kirloskar Motor said in a statement.
Toyota Kirloskar Motor Vice President of Sales and Strategic Marketing Atul Sood said the sales performance underlines the growing acceptance of the company's diverse product portfolio.
"We are witnessing sustained demand across our product line-up which is leading to the company's record-breaking performance... As we move forward in the festive season, we are expecting a promising period with demand continuing to grow thus further enhancing our sales performance," he added.
The automaker said wholesales grew 35 per cent to 1,23,939 units in the first six months of the current fiscal year, compared to 91,843 units in the same peri

Toyota Kirloskar SUV Urban Cruiser Hyryder

Cleanliness drives are the need of the hour to keep the environment neat and clean, Union Minister Anurag Thakur said on Sunday and urged people to take active part in the 'Swachhta Abhiyaan'.
The Swachhta Abhiyaan in Hamirpur started from Deotsidh, the seat of Baba Balak Nath, an incarnation of Lord Shiva.
Thakur also took part in the Vishva Hindu Parishad's Shaurya Jagran Yatra in Deotsidh. The yatra will criss-cross the district in five days.
He hailed the Vishva Hindu Parishad and the Bajrang Dal for taking out these yatras ahead of the inauguration of the Ram temple in Ayodhya.
"Lord Ram is the symbol of courtesy and virtue, a man of values and morals. Ramchandra is 'maryada purushottam', which means the perfect man. Lord Ram is considered to have taken birth on the earth to destroy the evil forces of the age," he said.
Speaking at a district-level youth festival in Una on Saturday, he said India is heading towards becoming self-reliant in every sphere.
Youth festivals are b

Anurag Thakur

AIADMK chief Edappadi K Palaniswami on Sunday lashed out at the ruling DMK in Tamil Nadu over the Cauvery river dispute and wondered if Chief Minister M K Stalin was concerned about the people of the state on the matter.
The leader of opposition in the state assembly alleged that the DMK was "backing" the Congress government in Karnataka "with a view to ensure the businesses run by its family members" there should not be affected.
The AIADMK general secretary also charged "puppet CM Stalin" with lacking any foresight, saying he released water from the Mettur Dam in Salem on June 12.
Believing in the government's assurance, about 1.50 lakh farmers in the Cauvery delta region took up short-term 'kuruvai' crop over 5 lakh acres of land.
But now, crops on 3.50 lakh acres have withered and the rest were being taken up with well-water irrigation, Palaniswami said in a statement here.
"What should have the DMK government, which lacks efficient administration, done. It should have reduced

Edappadi K Palaniswami is appointed as All India Anna Dravida Munnetra Kazhagam (AIADMK) General Secretary after the Madras High Court Justice K Kumaresh Babu rejected interim applications by O Paneerselvam and his supporters seeking stay on AIADMK

The ruling Congress in Chhattisgarh will take out day-long 'Bharosa Yatras' (trust march) in all 90 assembly constituencies of the poll-bound state to inform people about the welfare schemes of its government.
Chhattisgarh Congress unit's communication wing head Sushil Anand Shukla in a statement said during the march, to be held on the birth anniversary of Mahatma Gandhi, their party will also reach out to people and expose the Bharatiya Janata Party (BJP), alleging that it "cheated" people of the state during its 15-year rule (2003-2018).
Chief Minister Bhupesh Baghel, his cabinet colleagues, Congress MLAs and MPs will take part in the march in their respective constituencies, he said.
The yatra, to be taken out on four-wheelers and motorcycles, will cover a distance of 25-30 kilometres in each constituency during which 'nukkad sabha' and public meetings will be held, Shukla said.
Efforts will be made to cover as many villages and panchayats as possible during the march, he ...

Congress

Compulsory retirement is part of a half-yearly exercise now for cases where govt wants to weed out officers, but without taking the disciplinary proceedings route

bureaucrats, government officers, IAS, Administrative Service, UPSC, IPS, IFS, civil servants, bureaucracy

What the data suggests, however, is that India's numbers are unsustainable. They're driven by debt-fueled household consumption and government investment

Rupee, Indian Rupee, Indian currency

Bidhuri may be a small fry in the larger calculus of the party. Yet, in his blundering and uncultured way, he was voicing in Parliament what has already been normalised on the streets

Bidhuri

Even if generative artificial intelligence has been overhyped, it's safe to assume that ChatGPT-type bots will only get better at routine tasks like writing computer software

jobs, IT jobs, IT industry, AI

Indri whisky is the first Indian whisky to win this renowned award

whisky

As the festival season approaches, followed by elections, state and national, there will be pressure on liquidity since cash with the public will rise

Banks credit growth

A speciality pharmacy company in the US and its Indian-origin chief executive officer have agreed collectively to pay USD 20 million to resolve allegations that they paid kickbacks to patients and physicians to protect its revenue stream, the justice department said.
BioTek allegedly provided improper physician inducements and covered up kickbacks for patient referrals by waiving co-pays, said US Attorney Jacqueline C. Romero for the Eastern District of Pennsylvania.
"BioTek's alleged scheme, orchestrated and implemented by Chaitanya Gadde, Dr David Tabby, and others, to routinely waive these copays -- without regard for whether the patients were experiencing financial hardship -- ensured a steady revenue stream for BioTek and undermined patient care to citizens of this District," Romero said in a statement.
When a Medicare beneficiary obtains a prescription drug covered by Medicare, the beneficiary may be required to make a partial payment, which may take the form of a copayment, .

Dollar

Google is hosting an in-person event in New York, US on October 4 where the technology giant is expected to announce the Pixel 8 series, Pixel Watch 2, and more

Google Pixel 8, Google Watch 2, Google Pixel, Google pixel watch 2, Pixel 8, Google pixel 8 india, Google pixel Watch 2 india, Google India, pixel india, pixel launch, google pixel 8 event, google event, pixel 8 launch time, pixel launch event

Companies' disclosures should be verified by a single unit under Sebi to avoid disparity in methods

save trees, reuse

Edtech firm Jaro Education expects its revenue to  grow over 70 per cent to Rs 200 crore this fiscal on increase in partnership with tier-1 institutions both in India and overseas and geographic expansion, a top official of the company said.
Jaro Education CEO Ranjita Raman told PTI that online degrees have been given equivalence to a full-time degree under National Education Policy that creates a very large market for players like it to build business and grow 2-3 times year-on-year.
"This is one great potential and keeping that in mind, we have looked at our expansion plan into tier-2 cities because that's the place where the major target audience lies. Our presence will definitely make it possible for us to get the best results out there," she said.
Jaro Education's turnover was around Rs 115 crore in 2022-23.
"We are a profitable company. We are focussing on EBITDA (indicator of operational profit) of Rs 54 crore and the top line, which is the turnover, we are expecting to be .

cash, funds, investment, growth, profit, loss, money, bonds, liquidity, currency

A Delhi court on Wednesday granted bail to RJD chief Lalu Prasad, his wife Rabri Devi and their son and Bihar Deputy Chief Minister Tejashwi Yadav in the alleged land-for-job scam in the railways.
Special Judge Geetanjali Goel granted relief to the accused after they appeared before the court in pursuance of summons issued against them.
The court had on September 22 summoned the accused after taking cognisance of the charge sheet filed against them and other accused, saying the evidence prima facie showed commission of various offences, including corruption, criminal conspiracy, cheating and forgery.
The agency had on July 3 filed a charge sheet in connection with the alleged scam.
Prasad is out on bail in this case as well as fodder scam cases.
It was the second charge sheet filed by the CBI in the case but the first in which Tejashwi Yadav has been named as an accused.
The case pertains to Group-D appointments made in West Central Zone of the railways based in Jabalpur, Madhya

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BioTek CEO agrees to pay $20 million to settle kickback allegations

Made by Google event to kick off at 7:30 pm: Where to watch, what to expect

Greenwashing in India Inc: Environment scores create a sense of suspicion

Jaro Education expects over 70% growth in revenue to Rs 200 cr this fiscal

Land-for-job scam case: Delhi court grants bail to Lalu, Rabri, Tejashwi

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