Adani Group

Adani Group in talks with Softbank, Foxconn on $3 billion solar plan

Adani Group is in talks with Japan`s Softbank and Foxconn, maker of Apple`s iPhone, to secure investment in a $3 billion project to make solar cells and panels in the country, two sources with knowledge of the matter said.

Aug 19, 2015, 22:02 PM IST

Adani Group firms get nod to raise up to Rs 26,000 crore

Three Adani Group firms -- Adani Power, Adani Enterprises and APSEZ -- have received approval of shareholders to raise up to Rs 26,000 crore to expand business operations and manage capital expenditure.

Aug 12, 2015, 22:49 PM IST

Adani Power gets shareholders' nod to raise Rs 10,000 crore

Adani Power has got shareholders' approval to raise up to Rs 10,000 crore through issuance of shares, bonds or other securities, including for investments in various businesses.

Aug 12, 2015, 15:52 PM IST

Adani Enterprises Q1 net jumps 43% to Rs 380 cr

For the April-June 2015 quarter, consolidated revenue fell by 9 per cent to Rs 11,275 crore from an adjusted 12,429 crore in the same quarter of 2014-15 fiscal, it added.

Aug 11, 2015, 17:07 PM IST

Australian court revokes approval for Adani's coal mine project

Indian mining giant Adani's plan to build one of the world's largest coal mines in Australia on Wednesday suffered a setback after a court in the country revoked the government's environmental approval for 16.5 billion dollar project.

Aug 05, 2015, 11:00 AM IST

Adani to form JV with Foxconn; may make iPhones in India

Adani Enterprises, the flagship company of the Adani Group, is in talks with the world's largest contract manufacturer Foxconn to form a joint venture (JV), which is likely to make iconic Apple iPhones in India.

Aug 04, 2015, 20:12 PM IST

Adani Enterprises to raise up to Rs 6,000 cr via securities

Adani Enterprises, the flagship company of the Adani Group, Tuesday said it plans to raise up to Rs 6,000 crore through issuance of securities to sustain rapid business growth.

Jul 28, 2015, 12:42 PM IST

'Adani suspends 2 key contractors on biggest Aus coal project'

Adani Group's 16.5 billion dollar coal mine project in Australia has hit another controversy after reports that the Indian mining giant suspended two major contractors, raising fresh speculation over funding even as the company blamed the move on delay in government approvals.

Jul 22, 2015, 23:44 PM IST

HC exempts Adani group from paying duty retrospectively

The Gujarat High Court on Wednesday set aside a 2010 notification of the union government which levied customs duty on electricity transfer by Adani Power Limited from its Special Economic Zone at Mundra to domestic areas with retrospective effect.

Jul 16, 2015, 00:00 AM IST

Adani Group looks at Karaikal, 2 other ports for biz expansion

Country's largest port developer and part of billionaire Gautam Adani-led Adani Group, is in talks with the promoters of Gangavaram port in Andhra Pradesh as well as Karaikal & Larsen & Toubro's Kattupalli ports in Tamil Nadu, a person in know of the developments said.

Jul 15, 2015, 18:05 PM IST

Land acquisition for Adani's solar park underway in TN

Business conglomerate Adani Group has started acquiring land for setting up a solar park in Tamil Nadu tipped to be among the world's largest at an outlay of Rs 4,536 crore.

Jul 08, 2015, 15:54 PM IST

Adani Group to set up solar park in TN for Rs 4,536-cr

Business conglomerate Adani Group has proposed to set up a solar park in Tamil Nadu tipped to be among the world's largest at an outlay of Rs 4,536 crore.

Jul 04, 2015, 16:04 PM IST

Adani coal project in Australia runs into controversy: Report

India's mining giant Adani Group's 16.5 billion dollar coal mine project in Australia's Queensland has run into another controversy after reports that senior bureaucrats were sidelined over key decisions on the deal for the venture which was red-flagged by many officials.

Jul 01, 2015, 13:17 PM IST

Gulf-based GFH signs pact with Adani for Mumbai economic zone

Under the agreement, the financial group's unit Energy City Navi Mumbai (ECNM) and Adani Group will work together in creating the master plan for the lands of Phases II and III of the project, which will offer world class business infrastructure for local and international services, IT and energy companies.

Jun 28, 2015, 16:20 PM IST

Adani Group mulls Rs 50-K crore investment in Jharkhand

Adani Group is looking to invest Rs 50,000 crore for producing urea, methane, power and substitute natural gas (SNG) in Jharkhand.

Jun 26, 2015, 16:53 PM IST

Adani Enterprises falls 3% on buzz of halting work at Australia mine project

The stock fell by 2.58 percent to close at Rs 94.50 on the BSE. During the day, it dipped 4.89 percent to Rs 92.25.

Jun 25, 2015, 20:24 PM IST

IDBI Trusteeship acquires 6.44% equity shares of Adani Power

IDBI Trusteeship Services Limited has acquired 6.44 percent shares of Adani Power after it invoked pledges on 18.49 crore shares of the company on June 17.

Jun 18, 2015, 20:42 PM IST

Adani's plan to deliver $250 million benefits to traditional owners

India's mining giant Adani Group has launched an Indigenous Participation Plan (IPP) that could deliver benefits worth 250 million dollars over the next 30 years to the traditional owners who are opposing the company's 16.5 billion dollar project in Australia's Queensland state.

Jun 17, 2015, 14:49 PM IST

Adani Group inks pact to set up 10K MW solar park in Rajasthan

"This project will be India's largest solar park and will also house manufacturing facilities to be set up under the country's ambitious Make In India initiative," Adani Group Chairman Gautam Adani said in the statement.

Jun 15, 2015, 19:59 PM IST

Adani Group mulling to bid for Sindri urea plant

Sindri plant assumes importance as there is no functional urea unit in the eastern India except two small units at Namrup in Assam.

May 31, 2015, 11:55 AM IST