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Adani Group Clarifies Scope of US Indictment: CFO Highlights Limited Impact on Public Companies

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Adani

In response to recent legal developments, Adani Group’s Chief Financial Officer, Jugeshinder Singh, has addressed concerns regarding the U.S. indictment involving Chairman Gautam Adani and other executives. Singh emphasized that the charges are confined to a specific contract within Adani Green Energy Limited (AGEL), representing approximately 10% of AGEL’s business, and do not implicate the … Read more

Maharashtra Assembly Elections 2024: BJP-Led Mahayuti Secures Decisive Victory Amid High Voter Turnout

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Maharashtra

High Turnout Marks Election Day The single-phase polling on November 20 experienced an impressive turnout of 66%, against the 61% that was witnessed in the 2019 elections. The high turnout further indicates the energetic involvement of the electorate in outlining the politics of the state. Mahayuti Alliance Leading all the Way Early trends coming in … Read more

BJP’s Vinod Tawde Issues ₹100 Crore Defamation Notices to Congress Leaders Amid ‘Cash-for-Votes’ Allegations

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Vinod Tawde

A major political development has emerged in the form of BJP National General Secretary Vinod Tawde serving defamation notices worth ₹100 crore on Congress leaders including Mallikarjun Kharge, Rahul Gandhi, and Supriya Shrinate after taking exception to their allegations of him being involved in a ‘cash-for-votes’ scandal Background of the Allegations On November 19, 2024, … Read more

Indian Navy Submarine Collides with Fishing Boat Off Goa Coast: Two Missing, Investigation Underway

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Navy Submarine

The Indian Navy submarine collided with a fishing boat about 20 nautical miles off the coast of Goa. The fishing vessel is said to be ‘Sea Queen,’ which was operating in the area when the incident occurred. The collision resulted in the capsizing of the fishing boat, with two crew members reported missing. An Indian … Read more

Russia’s ‘Oreshnik’ Missile: A New Chapter in Hypersonic Warfare

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Russia

Russian President Vladimir Putin announced that the ‘Oreshnik‘ missile had successfully been launched. It is a hypersonic intermediate range ballistic missile launched towards a facility in Dnipro, Ukraine. This update has raised the global debate on hypersonic weaponry and international security. The ‘Oreshnik’ Missile: Techno-Technical Details The ‘Oreshnik’ missile is said to travel at Mach … Read more

Tragic Reactor Blast in Maharashtra Fertilizer Plant Claims Three Lives, Injures Nine

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Blast in Maharashtra

On the night of November 21, 2024, at around 6:30 pm, a devastating explosion happened at the Myanmar Chemical Company, which is a fertilizer manufacturing company situated in the Shalgaon MIDC area of Kadegaon tehsil, Sangli district of Maharashtra. The severe impact resulted in the release of toxic gases, which affected workers present on the … Read more