Business

New York: With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the case could escalate significantly, potentially leading to arrest warrants and even extradition attempts. Adani, India's...

New Delhi: Ola Electric Mobility is cutting 500 jobs across verticals and levels as part of a restructuring exercise, according to people aware of the development. The company, which has come under the scanner for its poor aftersales service recently, had started the job cut...

Bhubaneswar: Biju Janata Dal (BJD), which was in power in Odisha from 2000 till June 2024, Friday said the allegations that state government officials took bribes from the Adani Group for supply of renewable energy to the state from the central pool, are "false and...

New York: Indian businessman Gautam Adani who is one of the world's richest people has been indicted in the US on charges he duped investors by concealing that his company's huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme....

Bolangir: Adani Group, through its subsidiary Mahanadi Mines and Minerals Pvt. Ltd., has acquired 112.86 acres of land in Bolangir district reportedly for compensatory afforestation. The land spans three locations -- 18.39 acres in Bharuamunda mouza under Khaprakhol tehsil, 61.2 acres in Bhalujori mouza under...

Bhubaneswar: Odisha Works minister Prithiviraj Harichandan Wednesday said the government will construct a six-lane grand ring road connecting all major commercial hubs of the state. This six-lane road will connect Mottu in Malkangiri district to Tiring in Mayurbhanj district. It will reduce travel time across...

New Delhi: Bitcoin and cryptocurrency are in the news again after allegations were levelled against Congress's Maharashtra president Nana Patole and NCP (SP)'s Supriya Sule of being involved in "illegal bitcoin activities" to fund their poll campaign. Here is a look at what cryptocurrency/bitcoins are:...

Mumbai: India saw Private Equity/Venture Capitalist (PE/VC) investments worth $4.7 billion across 91 deals in October, a 40 per cent increase from September, a report showed Wednesday. Credit investments were the leading deal type in October, followed by growth investments, according to the IVCA-EY monthly...

Bhubaneswar: A high-level delegation from Odisha led by Chief Minister Mohan Charan Majhi Tuesday held a roadshow in Singapore, showcasing the state's investment potential. The delegation, which has been in Singapore since November 16, held an interactive session on business opportunities in Odisha, seeking to...

Baku (Azerbaijan): India Tuesday said the new climate finance goal to support climate action in the Global South should be founded in the principle of climate justice and demanded that rich nations take the lead in mitigation and provide enough carbon space for developing countries....