Adani Enterprises reports 43% rise in EBIDTA

Ahmedabad: Adani Group flagship firm Adani Enterprises on Thursday reported that its earnings before interest, taxes, depreciation, and amortization (EBIDTA) increased by 43 per cent to Rs. 5,874 crores during the April-September quarter of 2023-24. The Adani Group company’s cash accruals increased by 48 per cent to Rs 2,733 crore during the first half of the…

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Pakistan: PIA cancels flights over non-payment of dues to fuel supplier

Islamabad : Pakistan International Airlines (PIA) faced fresh turbulence as its domestic flight operations were disrupted on account of non-payment of dues, leading to a complete halt in the supply of aviation turbine fuel to the carrier, the Dawn reported. The Pakistan-based daily reported further, citing official sources, that Pakistan State Oil (PSO) halted the supply…

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Abu Dhabi launches Smart & Autonomous Vehicle Industries cluster

The Smart and Autonomous Vehicle Industries (SAVI) cluster was launched at Masdar City to position Abu Dhabi as a leading smart and autonomous vehicles hub, making significant contributions across air , land, and sea mobility applications, further enhancing Abu Dhabi’s industrial evolution. SAVI will support innovation and the commercialization of smart and autonomous vehicle technologies…

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