Stock Market LIVE on Friday January 24, 2025: At 6:56 AM, GIFT Nifty futures were trading 33 points higher at 23,297, indicating a higher start for the bourses

Benchmark indices dropped as much as 2 per cent before recouping half the losses, as uncertainty around the tightly contested US Presidential election, sustained selling by foreign portfolio investors (FPIs), and earnings disappointments weighed on t

Adani Green Energy Ltd (AGEL) on Thursday posted over 85 per cent rise in consolidated net profit to Rs 474 crore for December quarter on the back of higher revenues from power supply.
The company had logged a net profit of Rs 256 crore in the year-ago period, according to a BSE filing.
Revenue from power supply rose to Rs 1,993 crore in the quarter from Rs 1,765 crore in the same period year ago.
"We are steadily developing the world's largest RE plant in Khavda, Gujarat as well as large-scale plants in Rajasthan and other sites, supported by well-aligned transmission planning."
"Our updated strategy now includes largescale deployment of Battery Energy Storage Systems (BESS), given significant cost declines in last few quarters," CEO Amit Singh said in a statement.
BESS can be deployed relatively quickly and will be crucial in grid integration, supporting rapid renewable growth and complementing the company's existing solar, wind and hydro pumped storage projects, Singh ...

Adani Green Ltd

Sri Lankan President Anura Kumara Dissanayake began investigations into Adani's local projects after founder Gautam Adani faced bribery allegations from the United States last year

adani

About 11 existing cross-border payment companies can operate as PA-CB with their applications under process, according to the RBI website

skydo

Noise launches ColorFit Pro 6 Series smartwatches. Music track on WhatsApp Status. Samsung Galaxy S25 series. Canon Live Switcher Mobile app. Samsung tri-fold

Tech Wrap January 21

The Cape Town Convention that mainly pertains to leasing of aircraft will soon get legal backing in the country with the Union Cabinet recently approving a bill in this regard, according to a senior official.
India is one of the world's fastest growing civil aviation markets and domestic carriers have placed orders for more than 1,200 planes.
The bill to ratify the Cape Town Convention to promote the leasing business of aircraft has been approved by the Union Cabinet, Civil Aviation Secretary Vumlunmang Vualnam said on Tuesday and added that it will go to the Parliament for approval.
"We are hopeful that sooner than later Cape Town Convention will have the legal backing in India and become enforceable greatly supporting leasing and acquiring of aircraft," he said at a conference in Greater Noida.
He was speaking at the International Conference on Air Mobility organised by industry body CII along with the civil aviation ministry.
Last week, the Cabinet cleared the Protection and ..

The upcoming Budget may raise the rebate further, potentially making income up to Rs 10 lakh tax-free

Nirmala Sitharaman

During the current year, RINL's total liabilities have risen to over Rs 35,000 crore, with defaults on its loan repayment and interest payment

Net interest margin was 3.43 per cent for the third quarter of the financial year, flat as compared to the same period last year but lower than 3.5 per cent of Q2

HDFC Bank, HDFC

This is not 1st time the project has been in the news. In 2022, there was a political furore in Sri Lanka over the awarding of wind energy projects to Adani Green Energy without a tendering process

Adani

Vice President Jagdeep Dhankhar, addressing the 76th foundation day celebrations of Uttar Pradesh on Friday, raised concerns over the presence of illegal refugees in the country and called for immediate action to safeguard the nation's interests.
He also urged the youth to take a stand against individuals and entities engaged in anti-national activities.
"There are crores of illegal refugees in India who pose serious challenges to our healthcare, education, and employment sectors," Dhankhar said.
"This is a matter of grave concern, as they are now seeking to influence electoral processes. Across the globe, developed nations are addressing such issues, and India, too, must act swiftly for its stability and dignity."
He further stressed, "It is essential to confront and neutralise those forces working to weaken India and align with anti-national elements. The youth must exercise their immense power to counter such threats effectively."
Highlighting Uttar Pradesh's contribution to ..

Jagdeep Dhankar, jagdeep, Vice President

The company emphasised that it is ready to meet the growing demand for drug-device combinations and biologics, with semaglutide formulations being a focal point

pharmaceutical sector, pharma sector, medicines, meds

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Sri Lanka power project not cancelled, tariff is being re-evaluated: Adani

Illegal migrants challenge for health, edu, employment sectors: V-P Dhankar

OneSource sees surge in demand as semaglutide patents near expiry

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Stock Market Close Highlights: Sensex sheds 330 pts, Nifty ends at 23,092; Smallcap shares bleed

Adani Green Energy Q3FY25 results: Net profit jumps 85% to Rs 474 cr

Sri Lanka revokes Adani wind power deal; Group denies cancellation claims

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