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Business, Economy

Are GDP Advance Estimates Indicating a Deeper Slowdown? 

According to a report by Bank of America Global Research, the projected GDP growth rate represents the slowest pace since the pandemic, effectively reversing gains made during the recovery. This deceleration is likely to impact consumer confidence, wage growth, corporate revenues, investment, credit demand, and fiscal calculations.

Adani is facing bribery charges by US authorities
Business, India

Gautam Adani, Sagar Adani clear of bribery charges as per DoJ Indictment, claims AGEL

In its filing, AGEL has cited the news reporting by various media houses on the bribery and corruption charges against Adani Officials as ‘Incorrect’. “Media articles which state that certain of our directors namely Mr. Gautam Adani, Mr. Sagar Adani and Mr. Vneet Jaain have been charged with violation(s) of the US Foreign Corrupt Practices Act (FCPA) in the indictment.

Adani is facing bribery charges by US authorities
Business

Moody’s cut rating outlook on seven Adani companies

Moody’s affirmed the ratings on all seven entities — Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.

Business

Ratan Tata made one foray into the movies, co-produced Bachchan starrer ‘Aetbaar’

On Thursday, as the country bid adieu to the industrialist and philanthropist who died at the age of 86 in a Mumbai hospital, the film’s team mourned his passing away. “Just came to learn of the passing of Shri Ratan Tata .. was working very late… a most respected , humble yet visionary leader of immense foresight and great resolve .. Spent some wonderful moments with him, during several humanitarian Campaigns we were involved in together .. My prayers,” Bachchan wrote on his blog

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