Relief for Adani group: US court permanently dismisses criminal case; what Gautam Adani said

The Adani Group has consistently rejected the allegations, describing them as baseless. The criminal securities fraud case against Adani Group chairman Gautam Adani and his nephew Sagar Adani has been permanently dismissed by a US federal judge, bringing to an end nearly two years of prosecution without the matter going to trial.US District Judge Nicholas…

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Govt: No policy stops airports from taking airline stakes

The public private partnership (PPP) JV agreements for certain airports may put such restrictions and one private operator has sought NEW DELHI: The aviation ministry Monday told Parliament that there is no govt policy restricting major airport operators from holding substantial equity in or operating scheduled airlines. However, the public private partnership (PPP) JV agreements…

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CESC unit to buy six solar projects from ReNew

The acquired portfolio comprises operating projects with an established generation track record KOLKATA: The RP-Sanjiv Goenka Group (RPSG) on Monday announced that Purvah Green Power, the renewable energy platform of CESC, will acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power for an enterprise value of Rs 4,859 crore.The portfolio, spread across six…

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TCS flags data leak claims, finds no breach

The disclosure follows a post by data security firm S2W on X BENGALURU: TCS informed the stock exchanges on Monday that it received threat-intelligence alerts alleging possible exposure to certain employee information but said its investigation found no credible evidence of a breach of its systems or customer environments.The disclosure follows a post by data…

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