Adani, SunEdison to invest Rs 25,000 cr in Gujrat
Adani Enterprises and US-based SunEdison will invest about Rs 25,000 crore to set up a solar park in Gujarat that will create 20,000 new jobs.
Jan 11, 2015, 21:41 PM IST
Adani Group, Woodside sign pact on LNG sourcing and marketing
Business conglomerate Adani Group has signed an agreement with Australian energy major Woodside for sourcing of LNG as well as cooperation in oil and gas exploration and production.
Jan 11, 2015, 19:01 PM IST
Adani, POSCO tie-up for new terminal in Aus to export coal
Adani Group's Australian subsidiary today said it has signed an MOU with a South Korean steel giant for the construction of a new strategic terminal at Abbot Point coal port to export high-quality coal globally at competitive rates.
Dec 17, 2014, 16:48 PM IST
SBI to take final call on $1 billion loan to Adani in 3 months
SBI had last month signed the pact with Adani Group on the sidelines of Prime Minister Narendra Modi's visit to Australia.
Dec 07, 2014, 14:46 PM IST
SBI loan to Adani group figures in Rajya Sabha
SBI sanctioning USD 1 billion loan to Adani group's coal project in Australia was today raised in Rajya Sabha by Derek O'Brien (TMC), who said it smacks of crony capitalism.
Nov 27, 2014, 13:46 PM IST
Adani Power buys Avantha's 600 MW plant for Rs 4,200 crore
This is the second acquisition by Adani Group since it bought the Rs 1,200 MW coal-fired Udupi plant from the debt-laden Lanco Infra for Rs 6,000 crore in August.
Nov 24, 2014, 23:34 PM IST
Adani Power shares up nearly 3% on Avantha deal
Shares of Adani Power Monday rose by nearly 3 percent after it entered into a binding agreement with Gautam Thapar-led Avantha Group to buy out its 600 MW Korba West unit for more than Rs 4,200 crore.
Nov 24, 2014, 17:10 PM IST
Govt has no role in SBI's $1 billion loan to Adani Group: BJP
Steering clear of any controversy over grant of USD 1 billion loan by SBI to Adani Group, BJP Thursday said the deal is between the bank and industry and the government has no role in the matter even as the ruling party hit out at Congress for dragging the Prime Minister into it.
Nov 20, 2014, 21:54 PM IST
SBI defends loan to Adani, says money disbursal after scrutiny
Amid controversy over sanctioning a USD 1 billion loan to Adani Group, SBI Thursday said it has only signed a preliminary MoU and will disburse the money only after proper due diligence.
Nov 20, 2014, 18:38 PM IST
Adani's Australian mine project cleared; India to provide $1 bn loan
The Adani group welcomed the decision of the Queensland government to clear the project in the Galilee basin that will ensure that one of the mega mines proposed by the company and GVK gets a clearance next year.
Nov 17, 2014, 16:57 PM IST
Queensland to announce major investment in rail infrastructure
Queensland Premier Campbell Newman, who held talks with Prime Minister Narendra Modi here last night, said he was prepared to invest in capital works to ensure that the projects get off the ground.
Nov 17, 2014, 10:51 AM IST
Adani Enterprises reports Rs 210.29 crore Q2 net profit
Adani Enterprises Wednesday reported a net profit of Rs 210.29 crore for the second quarter ended September 30, 2014, helped by increase in income from operations during the period.
Nov 12, 2014, 17:29 PM IST
Adani hires Parsons Brinckerhoff for Australia coal project
ndian conglomerate Adani Wednesday named the US-based Company Parsons Brinckerhoff as its project management contractor for the long-delayed USD 15 billion Carmichael mine, rail and port project in Australia.
Oct 29, 2014, 09:11 AM IST
Adani taps Morgan Stanley to help sell Australia port stake
Adani has appointed Morgan Stanley to advise on the possible sale of a stake in its Abbot Point coal port in Australia, as it looks to raise funds to help finance a A$7 billion ($6.2 billion) mine, rail and port project.
Oct 28, 2014, 09:05 AM IST
Corporates commit over Rs 1 lakh cr investment in Madhya Pradesh
Corporate houses, from Reliance Group to Adani Group, committed investments of nearly Rs 1 lakh crore in Madhya Pradesh on the first day of the Global Investors Summit Thursday which was inaugurated by Prime Minister Narendra Modi.
Oct 09, 2014, 22:16 PM IST
Adani Group promises Rs 20,000 cr investments in MP
Adani Group-led by billionaire Gautam Adani Thursday pledged to invest Rs 20,000 crore in Madhya Pradesh during the next five years in various projects.
Oct 09, 2014, 18:28 PM IST
Govt may cancel SEZs of Hindalco, Essar, Adani
Government is likely to cancel the approvals granted by it to nine companies including Hindalco Industries, Essar and Adani for setting up of special economic zones as no work has been done to execute the projects.
Sep 09, 2014, 17:43 PM IST
Adani welcomes repeal of contested mining tax in Australia
The repeal of the Minerals Resource Rent Tax (MRRT) or mining tax this week underlines the cost-effectiveness of the Carmichael mine, according to Adani's official statement here.
Sep 04, 2014, 12:21 PM IST
Tribunal stays CCI order on Adani Gas penalty
The Competition Appellate Tribunal has stayed Competition Commission of India's (CCI) Rs 25 crore penalty and modification of the gas sale contract order against Adani Gas Ltd, the city gas distribution arm of Ahmedabad-based Adani Group.
Aug 29, 2014, 20:14 PM IST
Adani Group plans to build Rs 12,500 cr power plant in Odisha
Adani Group is planning to invest Rs 12,500 crore for setting up a thermal power project in Odisha, days after it announced the Rs 6,000-crore deal to buy Lanco Infratech's plant in Karnataka.
Aug 26, 2014, 21:06 PM IST
