Adani has not yet approached the Centre regarding the stake sale of Vizhinjam Port. This development raises questions about future investments and the port's operational timeline. Stakeholders are keenly observing how this situation unfolds, as it could impact regional trade dynamics and infrastructure growth.
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"Looks like Adani is taking its sweet time with this one!"
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Explore the UPI Merchant Discount Rate (MDR) and its implications for customers. This article answers key questions about who pays, operating costs, and the current discussions surrounding MDR. Learn how these factors affect UPI transactions and the broader payment landscape.
Hindalco's Q1 net profit soared 75% year-on-year to βΉ7,013 crore, exceeding expectations. The Aditya Birla Group's metal flagship remains cautious about upcoming bauxite auctions, signaling a strategic approach amidst market fluctuations. Investors are keenly watching how these factors will impact future growth.
Ola Electric's revenue has dropped 45% to βΉ455 crore, marking the seventh consecutive quarter of decline. The electric vehicle manufacturer is actively seeking a resolution to the Sebi disclosure probe, aiming to settle the matter without admitting liability. As the EV market evolves, Ola's financial struggles highlight the challenges faced by companies in this competitive sector.
The US has surpassed Gulf nations to become India's largest LPG supplier, accounting for 73% of imports in July. This shift follows significant supply drops from Kuwait and Qatar due to recent conflicts. In January, the US only provided 268,000 tonnes, highlighting a dramatic change in trade dynamics. India's energy landscape is evolving as it seeks stable sources amidst regional tensions.