Adani did not remit savings from India tax break it got: Bangla govt
Financial Express Mumbai|December 20, 2024
BANGLADESH'S INTERIM GOVERNMENT has accused Adani Power of breaching a multi-billion-dollar energy supply agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters.
KRISHNAN DAS
Adani did not remit savings from India tax break it got: Bangla govt

In 2017, the company controlled by Gautam Adani signed an agreement with Bangladesh to provide power from its coal-fired plant in eastern India. Dhaka has said it hopes to renegotiate the deal, which was awarded by ousted Prime Minister Sheikh Hasina without a tender process and costs Bangladesh far more than its other coal power deals, according to official documents as well as interviews with six Bangladesh officials.

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Denne historien er fra December 20, 2024-utgaven av Financial Express Mumbai.

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FLERE HISTORIER FRA FINANCIAL EXPRESS MUMBAISe alt
40% decline in broker strength
Financial Express Mumbai

40% decline in broker strength

• Many morph into sub-brokers

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2 mins  |
December 23, 2024
Financial Express Mumbai

Low-cost growth is edtech's new winning formula, not high burn, says Lightspeed

THE EDTECH SECTOR is adopting a new mantra for success—efficient customer acquisition over high marketing spends.

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1 min  |
December 21, 2024
Pushpa 2 hits ₹990 cr in India, ₹1,500 cr worldwide
Financial Express Mumbai

Pushpa 2 hits ₹990 cr in India, ₹1,500 cr worldwide

ALLU ARJUN-STARRER Pushpa 2: The Rule has become the biggest hit of the actor's career, and even after two weeks in the cinemas, the film is still making money in double digits.

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1 min  |
December 21, 2024
Financial Express Mumbai

How India's Twenty20 batting in domestic cricket went on a six-hitting spree this year

go and excel from ball one. When you have that kind of belief, it gives you that boost that you can take on every delivery,\" Mumbai's title-winning skipper Shreyas Iyer told IE.

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2 mins  |
December 21, 2024
More than 15% of super-rich in India are under 30: Report
Financial Express Mumbai

More than 15% of super-rich in India are under 30: Report

DRIVEN BY STARTUP UNICORNS AND IPOs

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1 min  |
December 21, 2024
Jaipur crash triggers blast
Financial Express Mumbai

Jaipur crash triggers blast

AT 5:45 AM—15 MINUTES after he dropped his nephew Harlal and another relative, Raju, at the Jaipur-Ajmer highway to board a truck to take them back home—Mohanlal (47) got a distressing call: there had been an explosion and that Harlal was nowhere to be found.

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1 min  |
December 21, 2024
Bhagwat: Ram temple is a matter of faith
Financial Express Mumbai

Bhagwat: Ram temple is a matter of faith

UNDERLINING THAT RAM temple in Ayodhya was a \"matter of faith\" for Hindus, RSS chief Mohan Bhagwat has said that it is \"unacceptable\" to rake up \"such new issues on a daily basis\" simply because of \"extreme hatred, malice, enmity and suspicion\".

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1 min  |
December 21, 2024
ED books KTR in Formula-E case
Financial Express Mumbai

ED books KTR in Formula-E case

THE ENFORCEMENT DIRECTORATE on Friday filed a money laundering case against BRS leader K T Rama Rao and some others in a case linked to alleged payment irregularities during the Formula-E race held in Hyderabad in February 2023, official sources said.

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1 min  |
December 21, 2024
Chaotic winter session ends amid brawls and protests
Financial Express Mumbai

Chaotic winter session ends amid brawls and protests

ONE NATION, ONE POLL AND AMBEDKAR ISSUES CREATED RUCKUS

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1 min  |
December 21, 2024
A City sensation, but can it Amaze your Dzire for a car?
Financial Express Mumbai

A City sensation, but can it Amaze your Dzire for a car?

New Amaze is as luxurious as old City, but lacks features like USB-C socket, 360-degree camera, auto-dimming cabin mirror, and sunroof

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2 mins  |
December 21, 2024