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By K Raveendran In a desperate bid to defend Adani, an orchestrated attempt is being made to present shorting as something undesirable and even abominable. Adani himself has tried to pretend that the action by US investment firm Hindenburg in exposing the irregularities in his group’s accounting practices as an attack against India and the […]

The post Shorting Being Made Scapegoat For Adani Group’s Woes Due To Malpractices first appeared on IPA Newspack.

BERLIN, GERMANY – EQS Newswire – 11 February 2023 – The Enapter Group today closed a financing of EUR 25 million with Patrimonium Middle Market Debt Fund, a private debt fund of Patrimonium Asset Management AG, by issuing a bearer bond. The financing has a term of 2 years. This ensures the financing of the Enapter Group for the next 12 months. The planned EBITDA for the […]

Prime Minister Narendra Modi inaugurated a new campus of an educational institute of the Dawoodi Bohra Muslims on Friday in an outreach to one of Mumbai’s most influential communities ahead of the high-stakes municipal elections in the city. PM Modi was seen walking, holding hands with the head of the community, Syedna Mufaddal Saifuddin, at […]

The post PM opens Arabic Academy in outreach to Bohra Muslims first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 10 February 2023 – Five organisations from the public, private and people sectors have been selected as winners of the Great Companies for Dads Awards 2023. 22 companies participated in the awards this year. These organisations will be receiving the awards from President Halimah Yacob at the Centre for Fathering Charity Ball on 10 February 2023. They hail from industries such as […]

By Prabhat Patnaik Gautam Adani’s calling Hindenburg’s allegations of fraud against him an attack on the Indian nation is a matter of particular significance. Just before this episode, the BBC documentary on Modi had been labelled a product of the colonial mindset by the government and hence also construed to be an attack on the […]

The post Narendra Modi-Adani Combination Is The Symbol Of Corporate-Hindutva Alliance first appeared on IPA Newspack.

When it comes to health, prevention is better than cure HONG KONG SAR – Media OutReach – 10 February 2023 – Living a modern busy lifestyle, the majority of Hong Kongers lack healthy dietary and exercise habits that may pose severe health risks. Not to mention most chronic diseases such as diabetes and heart diseases rarely show symptoms at the early stages, which can be a crucial […]

By Saifur Rahman Dubai emirate’s state-owned utility, Dubai Electricity and Water Authority (DEWA), reported a Dh11.1 billion standalone net profit that includes the sales proceeds of its shares in district cooling subsidiary Empower. DEWA reported a 22 percent growth in consolidated net profit of Dh8 billion on Dh27.4 billion annual turnover, which was 15 percent higher when compared to 2021. This is the first time DEWA, which […]

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By Arun Srivastava While the 140 crores Indians, even those spread across the world, were impatiently awaiting a resilient rebuttal from their prime minister Narendra Modi to the allegations levelled by the Congress leader Rahul Gandhi against him of patronising and promoting corporate giant Gautam Adani, who allegedly indulged  in financial irregularities and fraud, Modi, […]

The post Narendra Modi Beats His Own Drum In Lok Sabha Speech Without Touching Adani first appeared on IPA Newspack.

By Krishna Jha Prime Minister Narendra Modi has blocked the demand raised by the Opposition in the Parliament for an enquiry to be monitored by the Supreme Court or to set up Joint Parliamentary Committee to investigate the Adani group’s manipulations of the stock market and fraud and into the allegations levelled against the industrialist […]

The post Prime Minister’s Refusal To Probe The Fraud In Adani Group Smacks Of An Unholy Alliance first appeared on IPA Newspack.

Five Renowned Award Programmes – Fostering Design Innovation in Asia HONG KONG SAR – Media OutReach – 9 February 2023 – DFA Awards is proud to announce the awardees of its 5 major programmes. DFA Awards is a flagship programme launched by by Hong Kong Design Centre (HKDC) in 2003; with Create Hong Kong, set up by the Government of the Hong Kong Special Administrative Region (HKSAR), […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 9 February 2023 – Winston Churchill famously said: ‘We make a living by what we get, but we make a life by what we give.’ This approach seems to be behind the global transformation of businesses towards a more society-oriented model that tries to ensure that the local community and, more broadly, the world thrives. With that aim in view, […]

By Arun Srivastava It is for the first time in the history of the RSS, the proponent of politics and philosophy of Hindutva, that it has come out in the favour of a capitalist. The reason is simple: to protect the interest of its political front, the BJP, and its public face, Narendra Modi. The […]

The post India’s Crony Capitalism Thriving With Tacit Support Of State Power first appeared on IPA Newspack.

By K Raveendran Further hikes in steel prices are in the offing as upside risks in the global markets have strengthened in recent weeks. Faced with a decline in global production, manufacturers across the world are raising their prices. Indian steel mills have already effected a 3-5 percent increase in prices across the board, with […]

The post Reversal Of Fortunes For Steel Industry As Price Increase Picks Up Momentum first appeared on IPA Newspack.

Survey Reveals Need for Hong Kong’s Working Population to Refocus on Retirement Planning as It Embraces a Post-pandemic World HONG KONG SAR – Media OutReach – 8 February 2023 – Retirement savings, retirement investments, medical protection, and physical and mental wellbeing are the four essential components of an ideal retirement life. However, many Hong Kong workers experienced disruptions to their retirement planning due to COVID-19. Now, with […]

GV Sanjay Reddy, Vice Chairman of the conglomerate GVK, has strongly denied Congress MP Rahul Gandhi’s comments that the Modi government arm-twisted GVK and “hijacked” Mumbai airport from the conglomerate and handed it to the Adani group. “There was absolutely no pressure from the Adani group or anyone else to sell Mumbai airport,” Reddy told […]

The post GVK group denies Adani arm-twisted it for Mumbai airport first appeared on IPA Newspack.

The Enforcement Directorate has questioned and recorded the statement of Alankar Sawai, a close aide of Congress leader Rahul Gandhi, in a money laundering case in which TMC spokesperson Saket Gokhale was recently arrested by the agency in Gujarat, officials said. Sawai was questioned and also confronted with Gokhale in Ahmedabad over three days earlier […]

The post ED questions Rahul’s aide in TMC money laundering case first appeared on IPA Newspack.

By Nantoo Banerjee The Russia-Ukraine war will complete a full year on February 23, this year. And, there is no sign of the war coming to an end any time soon. In fact, the armed conflict between the two East European neighbours is becoming deadlier by day. As of January 29, this year, the UN […]

The post West Unlikely To Stop Fuelling Russia-Ukraine War Soon first appeared on IPA Newspack.

By Dr. Gyan Pathak Under normal circumstances, comprehensive and wide-ranging reforms undertaken in the economy during the last eight years, would have accelerated India’s growth. But that was not to be. The ‘culprit’ is India’s balance sheet stress caused by the credit boom in previous years. This scapegoat for deceleration of the Indian economy since […]

The post Shocks That The Indian Economy Faced Since 2014 first appeared on IPA Newspack.

Both houses of the parliament were adjourned till 2 pm today amid loud protests and sloganeering from opposition parties demanding a discussion on and an investigation into allegations of fraud against the Adani Group. Opposition parties, following a meeting at the chamber of Leader of Opposition in the Rajya Sabha, Mallikarjun Kharge, in the parliament […]

The post Parliament adjourned amid Opposition protest on Adani row first appeared on IPA Newspack.

The year 2022 remains in the rear-view mirror. There was no shortage of buzz in the market last year: rising interest rates, an ongoing inflation shock, and, as a result, falling stock markets and a strengthening dollar. KUALA LUMPUR, MALAYSIA – Media OutReach – 6 February 2023 – The year 2022 remains in the rear-view mirror. There was no shortage of buzz in the market last year: […]

By Sushil Kutty Behind the back lots of things happen. The Enforcement Directorate, for example, on February 4, questioned a very close aide of Congress leader Rahul Gandhi in a money laundering case involving a jailed Trinamool Congress spokesperson. And it is the kind of roundabout thing that makes a person wonder “What’s Rahul Gandhi’s […]

The post Modi Baiter Trinamool Spokesperson Saket Gokhale Is In ED Net first appeared on IPA Newspack.

By Eric A. Gordon You have to hand it to people like Eran Kolirin. He’s the film director who in 2007 gave us The Band’s Visit, about an Egyptian military band that by some fluke managed to find itself in a sad, godforsaken Jewish desert town in Israel, whose residents unexpectedly were able to find […]

The post ‘Let It Be Morning,’ A Stunningly Powerful Almost All-Palestinian Israeli Film first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 2 February 2023 – On 30 January 2023, HSBC Global Research (“HSBC”) published a report pointing out that Fosun International Limited (“Fosun International” or the “Company”) (HKEX: 00656) is recovering vigorously. HSBC maintained “Buy” rating on Fosun International and raised the target price to HK$11.50. HSBC pointed out that Fosun’s secured RMB12 billion syndicated loan is the largest private enterprise […]

By P. Sreekumaran THIRUVANANTHAPURAM: It has become a nauseatingly unredeemable tale of rejection and rebuff for Kerala. True to pattern, the State has once again been given the cold shoulder in the Union Budget. None of the demands made by the state have been accepted. The only silver lining has been the decision to increase […]

The post Union Budget 2023-24: Kerala Again Cold Shouldered first appeared on IPA Newspack.

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