New Delhi: Adani Enterprises Wednesday reported a 46.87 per cent jump in consolidated profit to Rs 266.09 crore for the fourth quarter ended March 31, mainly driven by higher income. The company had posted a consolidated profit of Rs 181.17 crore in the corresponding quarter of the previous fiscal, Adani Enterprises said in a BSE filing. The consolidated income of the company during the quarter under review rose to Rs 13,472.97 crore, from Rs 10,577.21 crore in the year-ago period. Also Read – SC declines Oil Min request to stay sharing of documentsThe total expenses also grew to Rs 12,975.30 crore, compared to Rs 9,601.26 crore. “The PAT (profit after tax) attributable to owners for the fourth quarter of 2018-19 is Rs 283 crore vs Rs 188 crore in the corresponding quarter of 2016-17,” the company said in a press statement. “Adani Enterprises continues to focus on incubating businesses of national importance, building second generation infrastructure and utilities. With stable government and emphasizing policy initiatives paves way for growth opportunities across sectors,” Adani Group Chairman Gautam Adani said. The company has signed coal mining agreement with Andhra Pradesh Mineral Development Corporation for Suliyari Coal Block on March 8, 2019. Adani Group is the country’s leading integrated infrastructure conglomerate with interests in resources (coal mining and trading), logistics (ports, logistics, shipping and rail) and energy (renewable and thermal power generation, transmission and distribution), among others.
Chennai: Tamil Nadu government on Saturday said K. Shanmugam, Additional Chief Secretary in Finance Department has been transferred and posted as Chief Secretary. Shanmugam will replace incumbent Girija Vaidyanthan who retires on June 30. The government also said it has appointed J.K. Tripathy as the Director General of Police (DGP) and Head of Police Force in place of T.K. Rajendran, who retires on Sunday, as well, after completion of two years of his tenure.
By Ellen AsermelyRabat – Amidst the chaos surrounding the election of Donald Trump last week, a different Trump has become the center of attention for some young Gulf Arab social media users: Ivanka Trump.Ivanka is Trump’s daughter, the second of three children with his ex-wife Ivana. According to Al Arabiya English, an unnamed poet from one of the GCC countries posted a short video on YouTube, titled “For the eyes of Ivanka Trump.” The video is a love letter to the future US First Daughter and has been viewed more than 125,000 times.In his video, the poet says “For the eyes of Ivanka Trump…who has captured and made us forget all our differences. She has controlled all of our hearts before her father took over power.”Donald Trump has often mentioned his daughter’s beauty during his campaign. Despite the divisive rhetoric surrounding the Arab world during Trump’s campaign, maybe this poet’s sentiment for Ivanka is something both the Gulf Arab youth and Donald Trump can agree on.