The US indictment against Adani Group is focused on one contract from Adani Green Energy, which makes up about 10% of the company’s business, according to group CFO Jugeshinder Singh. He stressed that no other parts of the business are involved, and the issue is still under legal review. Singh said more details will be shared after consultations with legal advisors.
The Indian Army is looking to hire experts in fields like cybersecurity, IT, and linguistics to boost its tech capabilities for modern warfare. This effort, led by Lieutenant General Rakesh Kapoor, aims to keep the Army up-to-date with global military advancements. The first phase of recruitment will offer 17 specialized positions, with a focus on cutting-edge technologies like AI, cybersecurity, and robotics.
Bengaluru police seized 318 kilograms of ganja worth ₹3.2 crore in a drug bust on Friday. The drugs were smuggled into the city, likely to meet increased demand for narcotics during New Year celebrations. Three suspects were arrested, and investigations suggest a larger trafficking network may be involved. This is part of a series of ongoing operations to combat drug-related crimes in Bengaluru.
The Indian government has funded 28 creative ideas to tackle tomato price fluctuations and supply problems, including making wine from tomatoes. This idea, along with others like solar-powered storage units and eco-friendly packaging, came from the Tomato Grand Challenge hackathon. The goal is to create sustainable, waste-free solutions while keeping the tomato supply steady.
Hundreds of farmers clashed with police in Bathinda, Punjab, over compensation for land taken for the Bharatmala highway project. Led by the Bharatiya Kisan Union Ekta Upagraha, the farmers protested the unequal compensation amounts. The clashes left both farmers and police injured. Local officials said compensation payments were based on land location, but farmers demanded more equal payouts.
The 2024 Range Rover Evoque keeps its signature style but has a more polished and modern look. With a simple, clean interior, smart technology, and a 2-liter diesel engine that produces 204 bhp, the Evoque is both stylish and efficient in the premium SUV market. Even though it comes with a higher price tag, it offers a top-notch driving experience, mixing practicality with luxury.
Karnataka has become India’s second-largest milk producer, surpassing other states, according to Chief Minister Siddaramaiah. The state now produces 92-93 lakh litres of milk every day and is expanding its reach, including supplying 2.5 lakh litres to New Delhi. Government initiatives like the Ksheeradhare Scheme and support for milk producers have been key to this success.
Shriram AMC has launched the Shriram Multi Sector Rotation Fund, which uses a mix of data analysis and market trends to invest in sectors that are doing well while avoiding weaker ones. The fund’s NFO is open until December 2, giving investors a chance to take advantage of this flexible sector selection approach, which could potentially outperform traditional investments.
The Kerala High Court has dropped the charges against three people who waved black flags at Chief Minister Pinarayi Vijayan’s convoy in 2017. Justice Bechu Kurian Thomas ruled that such protests are neither illegal nor defamatory, stating that waving a black flag is a legitimate form of protest and does not disrupt public duties.
Star India reported a consolidated net loss of ₹12,718 crore in FY24, down from a profit of ₹1,272 crore in FY23. Total income dropped by 8.9%, and expenses surged to ₹31,563 crore. Losses from subsidiaries grew, while sports arm Mashal Sports saw a big jump in profits. A new joint venture between Reliance, Disney, and Viacom 18 plans to combine TV and digital platforms.