WORD ON THE STREET

  GAUTAM ADANI IS NOW ONE OF THE TOP 20 BILLIONAIRES IN THE WORLD. Adani Group is the third Indian conglomerate to cross $100 billion in market capitalization. Adani Group has become India's third conglomerate to reach a market capitalization of $100 billion, with shares in four of its six public firms reaching new highs on Tuesday. According to BSE numbers, the combined market capitalization of the six listed Adani Group companies was over $104 billion. Adani Businesses jumped 5.6 percent to an all-time high of 1202, Adani Total Gas jumped 6% to a record high of 1248, Adani Transmission jumped 5% to 1147, and Adani Ports jumped 4% to an all-time high of 791 on Tuesday. Adani Power increased by 5% to 98.40, while Adani Green Energy increased by 2.3 percent to 1194. Previously, the Tata Group and the Mukesh Ambani-led Reliance Group had accomplished this aim. Tata Group has a market capitalization of $242 billion, while RIL Group has a market capitalization of $190 billion. Adani Gr

  From today, there will be a night curfew in Delhi, as well as an E-Pass for vaccinations and other essential services. Delhi will implement a night curfew from 10 p.m. to 5 a.m. from now until April 30, the city government announced today, citing an increase in Covid incidents. This is the Delhi government's toughest order since a new wave of coronavirus infections began in the capital last month. On Friday, Chief Minister Arvind Kejriwal said that Delhi was experiencing the fourth wave of COVID-19, but that a lockout was not being contemplated at this time. "We are not contemplating implementing a lockout in the present situation. We're keeping a close eye on the case, and any decision can only be made after thorough public consultation "He'd told reporters about it. On Monday, there were 3,548 new cases in Delhi, with 15 deaths. Traffic would not be halted during the night curfew hours, and anyone seeking vaccines would be permitted with an e-pass, according t

  In March, Maruti Suzuki sold 1,67,014 vehicles. In March of last year, after a national lockdown due to the coronavirus pandemic, the company shipped 83,792 units. Maruti Suzuki India (MSI), the country's largest carmaker, announced gross sales of 1,67,014 units in March on Thursday. In March of last year, after a national lockdown due to the coronavirus pandemic, the company shipped 83,792 units. Last month, it sold 1,49,518 units in the United States. In March 2020, the automaker announced sales of 76,976 units. Last year, the Covid pandemic hampered both dispatches and manufacturing. "Disruptions caused by COVID caused a 48 percent reduction in domestic revenue in March 2020. Domestic revenue in March 2021 can be seen to have just returned to March 2019 levels,” MSI said in a statement. Last month, sales of mini cars such as the Alto and S-Presso totaled 24,653 units. In March 2020, the company had sold 15,988 units. Last month, sales of compact segment vehicles such as t

  'Wall Street didn't create this world,' Joe Biden says as he unveils a multibillion-dollar investment strategy. "The rest of the world is closing in on us, and it's closing in fast," Biden said in a speech to the nation from Pittsburgh, Pennsylvania, on Wednesday. "We can't allow this to continue. The American Jobs Plan is the largest increase in our federal non-defense research and development spending on record," Biden said. President Joe Biden has said that his USD 2 trillion investment initiative, called a "once-in-a-generation" strategy, would help the US strengthen its global competitiveness, modernise ageing infrastructure, and solve climate change. "The rest of the world is closing in on us, and it's doing so easily. This cannot be allowed to happen. The American Employment Initiative reflects the greatest boost in non-defense research and development spending in US history "In his speech to the country on Wednes

  Concerns have been expressed by the United States and 13 other countries on a joint study by the World Health Organization and China on the origins of Covid-19. The United States joined a group of 13 nations, including Japan, in a statement criticising the World Health Organization's (WHO) long-awaited study on Covid-19's roots. The WHO team was "significantly delayed and lacked access to full, initial data and samples," according to the community of 14 countries. In a statement, the US, Australia, Canada, the Czech Republic, Denmark, Estonia, and Israel said they "absolutely" backed the WHO's attempts to stop the pandemic, including figuring out how it "started and spread." "It is critical that we express our common concerns that the international expert report on the origins of the SARS-CoV-2 virus has been substantially delayed and lacks access to full, original data and samples," they said. The declaration was also signed by Jap

  Mundra Solar's request for an acceptance extension was deferred at the SEZ Board meeting, but Wockhardt's was authorised. After the zone's DC submits a comprehensive report, the BoA will reconsider the Adani Ports SEZ unit's appeal. Mundra Solar, an SEZ unit that manufactures solar cells and modules in Adani Ports and SEZ (APSEZ) at Mundra, Gujarat, has had its request for an extension of approval deferred by the Board of Approval for SEZs, which has asked the zone's Development Commissioner (DC) to prepare a detailed report based on Revenue Department observations. According to the minutes of the BoA meeting held on March 18, pharmaceutical giant Wockhardt obtained a one-year extension of approval for its unit at Wockhardt Infrastructure Growth SEZ in Aurangabad, which it had demanded. “Wockhardt's approval was simple because it had already invested money in the project and was just waiting for regulatory approval,” a person familiar with the situation told B