COST Financial News

Adani Group Chairman Gautam Adani on Saturday met Bangladesh Prime Minister Sheikh Hasina in Dhaka, following the full load commencement of power supply to Bangladesh from Adani Group’s Ultra Super-Critical Thermal Power Plant in Godda, India. The Godda USCTPP, which marks the Adani Group’s entry into transnational power projects, is India’s first commissioned transnational power project where 100% of the generated power is supplied to another nation, Adani Group said in a press statement. After the meeting, Gautam Adani tweeted: “Honoured to have met Bangladesh PM Sheikh Hasina on full load commencement and handover of the 1600 MW Ultra SuperCritical Godda Power Plant. I salute the dedicated teams from India and Bangladesh who braved COVID to commission the plant in a record time of three-and-a-half years.”Adani Power Jharkhand Ltd (APJL), a wholly owned subsidiary of Adani Power Ltd, completed the dependable capacity test for the Godda plant on 12 July. The dependable capacity test, a mandatory requirement under the power purchase agreement (PPA) with Bangladesh, was conducted over the stipulated period of six hours to evaluate the simultaneous functioning of both units of the plant after they began supplying electricity.

Adani Group Chairman, Gautam Adani paid a visit to Bangladesh's Prime Minister Sheikh Hasina in Dhaka on Saturday after the full load commencement of power supply to Bangladesh from the group’s thermal power plant in Godda, India. The new project of the conglomerate will mark the group's entry into transnational power projects. This project will also commence India’s first commissioned transnational power project where 100 per cent of the generated power is supplied to another nation.Adani Power Jharkhand Ltd (APJL), a wholly owned subsidiary of Adani Power Ltd, will supply 1,496 MW from the Godda USCTPP under the PPA with the Bangladesh Power Development Board, executed in November 2017 for a period of 25 years, via a 400 kV dedicated transmission system connected to the Bangladesh grid. The subsidiary completed the dependable capacity test for the Godda plant on 12 July.

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Infinix Hot 30 5G will be available via e-commerce site Flipkart next week. The phone has two RAM models - 4GB and 8GB paired with 128GB internal storage. The 4GB RAM variant costs ₹12,499, while the 8GB RAM model is priced at ₹13,499.

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Noida-based real estate developer Gulshan Group has announced the launch of its latest ultra-luxury project AVANTE in Greater Noida West. This exquisite low-density residential development is aimed at setting new benchmarks in luxury living in Greater Noida West, which in the last decade has seen good growth in the residential segment.

By Avinash Polepally

Alcaraz, on Sunday. Djokovic aims to secure his 24th Grand Slam victory and equal Roger Federer's record of eight Wimbledon triumphs. Meanwhile, a win for Alcaraz would mark his second Slam title and signify a potential changing of the guard in men's tennis. If you're wondering how to watch this thrilling match, we've got you covered.

Suniel Shetty on Saturday announced his investment in re-engineered tyre startup brand Regrip. «I am super excited about my association with Regrip.

Avenue Supermarts Ltd reported a mere 2.3% year-on-year (YoY) rise in net profit for the quarter ended June to Rs 695.36 crore, despite a double-digit growth in revenue. The hypermarket chain operator reported an 18% YoY growth in revenue for the quarter to Rs 11,584.40 crore. The board has also given consent to offer employee stock options, subject to the approval of shareholders at the ensuing annual general meeting.

Prime Day sale. The base variant of Galaxy M34 5G is priced at ₹16,999 for the 6GB+128GB variant. The phone has another model that packs 8GB RAM and 128GB storage, which costs ₹18,999.  Readers must note that the said prices are currently being offered as part of a special launch promotion with bank offers.

High Court of Karnataka has rejected the contentions of two brothers who were unwilling to pay the Rs 10,000 per month maintenance they were ordered to pay their aged mother, stating that they are bound by law, religion and custom. Gopal and Mahesh, the two brothers, had been ordered by the Assistant Commissioner, Mysuru to pay maintenance of Rs 5,000 each to their mother Venkatamma in May 2019.

electric vehicles (EVs), but with proper planning, cautious driving, and vehicle maintenance, these issues can be mitigated for safe and reliable transportation. While EVs generally perform well in heavy rainfall, there are some considerations to keep in mind. Low-quality batteries, high rolling resistance reducing range, potential water ingress, and charging challenges can make the rainy season more challenging for EVs. Batteries are a crucial component of EVs, accounting for a significant portion of the total cost. Lithium-ion batteries, commonly used in EVs, are designed with good sealing and protection against external elements, including rain. However, during the rainy season, it is important to inspect the battery compartment, seals, and connections for any signs of damage or water ingress. Seeking assistance from a professional service center is recommended if any issues are noticed.

Silicon valley thumping their chest with pride and looking at what lies ahead for India. Some of the top representatives of the Silicon Valley companies echoed the sentiment that the successful launch of the lunar mission signalled the emergence of India as global leader in key areas of the technology sector.

Gold prices mostly edged higher during the week, as the dollar doom started with last week’s NFP data. Friday’s labour data showed signs of slowdown in the jobs market, with non-farm payrolls falling to a two and half year low of 209K job additions. Meanwhile, US inflation print released during the week prompted further pain for the greenback.

CEPA a historical landmark, considering that it was signed within 88 days of negotiations, but it also provided a blueprint for other ongoing trade negotiations, including with the Gulf Cooperation Council (GCC) countries. CEPA envisions to grow the total value of merchandise trade between both countries to $100 billion by 2027.

Comma Bookstore and Social Hub, three years ago in Flint, Michigan, the pandemic was full blown. But her neighbors welcomed the literature and art she sold in her store that celebrated people of color, as well as the community programs she hosted. Despite the warm reception, Otis quickly found that she had a sales problem: Her customers wanted to pay with their cellphones.

Spot gold fell 0.1% to $1,959.27 per ounce by 01:45 p.m. EDT (1745 GMT), but has gained about 1.8% so far this week. U.S.

Pennsylvania Rep. Dan Meuser and Fox News contributor Liz Peek forecast the consequences of President Biden's student loan handouts on 'The Evening Edit.'

Sen. Markwayne Mullin, R-Okla., discusses concerns over the economy as the president touts 'Bidenomics.'

Teamsters General President Sean O'Brien tells «Your World with Neil Cavuto» UPS may be delaying reporting its profits in order to have a better negotiating position with the union.