As part of its defense against recent allegations of fraud, Adani Group companies have pointed to their commitments to ESG principles and global frameworks.
One of ESG’s most influential gatekeepers will soon render its own judgment.

MSCI Inc. will release the results of a quarterly review for its ESG and climate indexes this week, the first since a short-seller attack on the Adani Group triggered a $100 billion selloff.

British engineering company Rolls-Royce on Tuesday announced that it has received an order from Air India for 68 Trent XWB-97 engines, in addition to an option for 20 more.

The large A350 aircraft of Airbus are powered by Rolls-Royce XWB engines.

Air India on Tuesday sealed an order for procuring 250 Airbus passenger jets. The order comprises 40 Airbus A350s and 210 Airbus A320/321 aircraft.

After alleging that the United States was involved in the 'conspiracy' of ousting Imran Khan from the Prime Minister post, Pakistan Tehreek-e-Insaf (PTI) Chief gave a clean chit to America and, instead, blamed former army chief Qamar Javed Bajwa for removing him, the Dawn reported.

Khan, who was ousted from his post in April last year, took swipes at Bajwa saying that the former army chief had told the US that PTI Chief is an anti-American.

Prime Minister Narendra Modi on Tuesday paid tribute to the CRPF personnel who lost their lives in a terror attack on their convoy in Pulwama on this day in 2019.

He tweeted, "Remembering our valorous heroes who we lost on this day in Pulwama. We will never forget their supreme sacrifice. Their courage motivates us to build a strong and developed India."

Gold prices fell Rs 150 on Tuesday, with 10 grams of the yellow metal (24-carat) trading at Rs 57,230. Silver prices fell Rs 500 from yesterday's close to Rs 70,000 per kg.

The price of 22-carat gold fell Rs 100 from yesterday's close to Rs 52,500, according to the GoodReturns website.

The sale of smartphones through online platforms like Amazon and Flipkart overtook sales through offline retailers for the first time in 2022, a report in the Economic Times (ET) said. This was the first time when channels of sales were operating at their normal capacity since the onset of the Covid-19 pandemic.

The offline channels were impacted due to the tepid consumer demand. In 2022, the shipments to retail stores fell 15 per cent year-on-year (YoY).

India's Adani Group has appointed accountancy firm Grant Thornton for independent audits of some of its companies in a bid to discredit claims by short-seller Hindenburg Research that have battered its stocks and bonds, two people familiar with the matter said on Monday.

The appointment marks the first major effort by Adani Group to defend itself in the wake of a Jan. 24 report by Hindenburg that accused it of improper use of offshore tax havens and stock manipulation.

InsuranceDekho has raised $150 million in funding comprising equity and debt, making the deal the largest series A round by an Indian insurance technology company.

The equity round was led by Goldman Sachs Asset Management and TVS Capital Funds, with participation from Investcorp, Avataar Ventures and LeapFrog Investments.

National Congress Party (NCP) leader Ajit Pawar claimed on Sunday that Maharashtra government could fall again as court verdicts on pleas with regard to the politcal crisis in the state last year were pending.

The deputy chief minister in the previous Maha Vikas Aghadi (MVA) government, Pawar said power has a way of changing hands as the status doesn't remain the same forever.

The event will showcase multiple variants of the indigenous air platforms like Light Combat Aircraft (LCA)-Tejas, HTT-40, Dornier Light Utility Helicopter (LUH), Light Combat Helicopter (LCH) and Advanced Light Helicopter (ALH)," the Prime Minister's Office (PMO) said in a statement.

Earlier, on Friday, Hindustan Aeronautics Limited (HAL) handed over the advanced light helicopter mark-3 (ALH-Mk3) to Mauritius Police Force, reported Le Metinal.HAL director-operations EP Jayadeva, at the event, said this order is in line with the Union government's vision to boost defence exports to friendly foreign countries, according to Le Metinal.

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