Adani to invest Rs 2.3 lakh crore in renewable energy, manufacturing capacity

[ad_1] AHMEDABAD: Adani Group will invest about Rs 2.3 lakh crore through 2030 in India’s most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plans. Adani Green Energy Ltd, India’s largest renewable energy company, will invest about Rs … Read more

World Bank drives Covid-19 recovery in East Asia, Pacific with USD 1.9 billion commitment and vaccination success

[ad_1] NEW DELHI: Countries in East Asia and the Pacific (EAP) were among the first and hardest hit by the Covid-19 pandemic. In response, the World Bank swiftly executed a comprehensive strategy, channelling funds into emergency operations, training medical staff, and reinforcing national public health systems. This approach included reallocating existing project resources, triggering emergency … Read more

Sitharaman exhorts international community to help debt-saddled countries

[ad_1] MUMBAI: Union finance minister Nirmala Sitharaman on Friday pitched for greater coordination among the international community to address the challenges faced by debt-saddled low and mid-income countries. Addressing a seminar on the global economy organised as part of the finance track of India’s G20 presidency, Sitharaman said such a move can help shield vulnerable … Read more

Infosys Q4 Results: Infosys forecasts slower FY24 revenue growth | Business

[ad_1] BENGALURU: Infosys Ltd on Thursday forecast slower revenue growth for the current fiscal year compared with analysts’ expectations, amid a turmoil in the U.S. banking sector that has prompted clients to tighten spending.India’s second-largest IT services firm expects revenue growth of 4%-7% for the fiscal year ending March 2024. Analysts expected growth of 10.73% … Read more

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