Five former Connecticut police officers arrested for allegedly mistreating a prisoner after he was paralyzed in the back of a police van have applied for a probation program that could lead to the charges being erased
from ABC News: US https://ift.tt/FrP5yUC
via
Wednesday, 13 September 2023
2 men sentenced to life without parole in downtown Pittsburgh drive-by shooting that killed toddler
Adani Enterprises Arm To Build 5.2 MW Wind Turbine Generators
Adani Enterprises Ltd said on Wednesday that its arm Adani New Industries Ltd has received a key international certification and will now be able to start production of 5.2 MW series wind turbine generators for global markets.
The company was so far manufacturing and supplying 5.2 MW Wind Turbine Generators (WTGs) for domestic wind industry players.
"Adani Wind's 5.2 MW WTGs, which are India's largest, have received type certification from WindGuard GmbH. The certification enables Adani Wind to start series production for global markets," Adani Enterprises Limited (AEL) said in a regulatory filing.
Adani Wind is the wind energy solutions division of Adani New Industries Limited (ANIL), a wholly-owned subsidiary of Adani Enterprises Ltd.
The certification to standards relating to equipment for use in renewable energy applications affirms that the company's 5.2 MW WTG meets highest quality and safety standards and provides international recognition to this turbine, the filing said.
"The type certificate reaffirms the quality and robustness of our 5.2 MW WTG platform built to bring down Levelised Cost of Energy," ANIL Director Vneet Jaain said in the filing.
"The certification is a boost to our endeavour of making India the global manufacturing hub for renewable equipment. We are focused on building a portfolio of high-yield next generation wind turbines made in India and are well-poised to cater to the global wind energy demand," he said.
Adani Wind's 5.2 MW wind turbine features a rotor diameter of 160 metres and a tip height of 200 metres, making it one of the most powerful onshore wind turbines in the world, the filing said.
The 5.2 MW WTG is developed by Adani Wind in collaboration with W2E Wind to Energy GmbH, Germany at its plant in Kutch, Gujarat, it added.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)
from NDTV Profit-Latest https://ift.tt/dBa0Jsy
via
Justice Department pushes ahead with antitrust case against Google, questions ex-employee on deals
Tuesday, 12 September 2023
Serial killer and former police officer Anthony Sully dies on death row at a California prison
House passes bipartisan measures targeting Iran over death of Mahsa Amini, missile program
FBI investigates cybersecurity issue at MGM Resorts while casinos and hotels stay open across US
Casino operator MGM Resorts International says resorts are open despite a cybersecurity issue that led to the shutdown of its computer systems across the U.S. The FBI on Tuesday characterized its investigation as ongoing but offered no additional infor...
from ABC News: US https://ift.tt/os3b1Bl
via
from ABC News: US https://ift.tt/os3b1Bl
via
Industrial Production Growth Rises To 5-Month High Of 5.7% In July
India's industrial production growth rose to a five-month high of 5.7 per cent in July, mainly due to good showing by the manufacturing, mining and power sectors, according to the official data released on Tuesday.
The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 2.2 per cent in July 2022.
The previous high was recorded at six per cent growth in February 2023. Thereafter, the growth rate declined to 1.9 per cent in March 2023 before rising to 4.6 per cent in April and further to 5.3 per cent in May. The IIP growth again decelerated to 3.8 per cent in June this year.
During April-July 2023-24, the IIP growth works out to be 4.8 per cent, down from 10 per cent in the corresponding period a year ago.
"The growth rates over the corresponding period of the previous year are to be interpreted considering the unusual circumstances on account of the COVID-19 pandemic since March 2020," an official statement said.
As per the IIP data released by the National Statistical Office (NSO), the manufacturing sector's output grew 4.6 per cent in July 2023 against 3.1 per cent a year ago.
Power generation rose eight per cent in July 2023 compared to 2.3 per cent in the year-ago period.
Mining output rose by 10.7 per cent during the month under review against a 3.3 per cent contraction a year ago.
As per use-based classification, the capital goods segment grew 4.6 per cent in July this year compared to 5.1 per cent.
Consumer durables output during the month declined by 2.7 per cent against a 2.3 per cent growth in the year-ago period.
Consumer non-durable goods output increased by 7.4 per cent compared to a contraction of 2.9 per cent a year earlier.
Infrastructure/construction goods posted a growth of 11.4 per cent over a 4.8 per cent expansion in the same period a year ago.
The data also showed that the output of primary goods logged 7.6 per cent growth in the month against 2.5 per cent in the year-ago period.
The intermediate goods output in July rose 1.9 per cent from 3.7 per cent growth during the corresponding month last year.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
from NDTV Profit-Latest https://ift.tt/vK8HykA
via
5 former officers charged in death of Tyre Nichols are now also facing federal charges
Monday, 11 September 2023
South Dakota panel denies application for CO2 pipeline; Summit to refile for permit
'Stop Cop City' petition campaign in limbo as Atlanta officials refuse to process signatures
US Firm KKR Invests $250 Million In Reliance Retail
US Investment firm KKR & Co Inc has increased its stake in billionaire Mukesh Ambani's Reliance Retail Ventures by investing an additional $250 million at a valuation of $100 billion, adding to its bet on the country's biggest retailer.
The private equity firm's follow-on investment translates into an additional equity stake of 0.25 percent in Reliance Retail on a fully-diluted basis, taking KKR's total equity stake in the Indian company to 1.42 percent, the retailer said on Monday.
The investment marks growing interest in Mukesh Ambani's retail operations which stretch from groceries to electronics, and include foreign partnerships with brands such as Jimmy Choo, Marks & Spencer and Pret A Manger. It has more than 18,000 stores and also competes with Amazon and Walmart's Flipkart.
In 2020, Reliance Retail raised $5.71 billion by selling a 10.09 percent stake to investors including KKR, the Saudi Public Investment Fund, General Atlantic and the United Arab Emirates' Mubadala.
That year, KKR had invested 55.5 billion rupees ($669.65 million) in Reliance Retail. Ambani recently said the 2020 fundraising valued the business at around $52 billion, and "in less than three years, the valuation of retail has almost doubled."
KKR's latest investment comes primarily from its Asian Fund IV and the transaction is subject to regulatory approvals, Reliance said. Morgan Stanley acted as financial adviser to Reliance Retail.
Reuters exclusively reported this month Reliance was in advanced talks with global investors to raise around $2.5 billion by the end of September, ahead of a potential stock market listing. Mr Ambani said in 2019 that the group planned to list the retail business in five years.
The plan is part of a combined $3.5 billion target the firm set for itself, of which it raised $1 billion from Qatar Investment Authority (QIA) at a $100 billion valuation last month.
Reliance Retail reported a consolidated net profit of 91.81 billion rupees ($1.11 billion) for the financial year that ended in March 2023, on revenue of 2.6 trillion rupees.
Since last year, Reliance has been acquiring dozens of small grocery and non-food brands as it tries to build a consumer business with annual sales of $6 billion within five years to challenge foreign giants like Unilever.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
from NDTV Profit-Latest https://ift.tt/npOuMtw
via
Sandeep Bakhshi Reappointment As ICICI Bank's CEO For 3 years
Private sector ICICI Bank on Monday said the RBI has approved the reappointment of Sandeep Bakhshi as Managing Director and CEO of the private lender for three years.
The reappointment of Sandeep Bakhshi will be effective from October 4, 2023, till October 3, 2026, ICICI Bank said in a regulatory filing.
The bank's shareholders have already approved the appointment of Mr Bakhshi for three more years, it added.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
from NDTV Profit-Latest https://ift.tt/nhQAz2a
via
Subscribe to:
Posts (Atom)