Top Chinese firm signs MoU with Adani group to invest $300 mn
Indian conglomerate Adani Group has signed an MoU with one of China's largest private companies to invest USD 300 million in a manufacturing unit of an Indian port.
Jun 20, 2017, 11:52 AM IST
Scrap Vizhinjam project, if corruption is involved: Congress
Chief Minister Pinarayi Vijayan had recently made it clear that if there was any corruption it would be probed.
Adani gives final approval for coal mine project in Australia
Adani Group Chairman Gautam Adani on Tuesday gave the final investment approval for the Indian conglomerate's controversy-hit 21.7 billion dollars coal mine project in Australia which had hit several roadblocks over environmental concerns.
Jun 06, 2017, 09:00 AM IST
No royalty holiday for Adani's coal mine in Australia
The Queensland government on Friday decided not to grant a royalty holiday to Adani's controversy- hit Carmichael mine project in Australia, a setback to the Indian energy giant which said it would review the Cabinet's decision.
May 26, 2017, 17:14 PM IST
India may look elsewhere for coal requirements: Australian minister
India could look elsewhere for its coal requirements if Queensland government delays its decision on a royalty holiday deal with the Indian energy giant Adani Group, Australian Resource Minister Matthew Canavan has warned.
May 24, 2017, 14:57 PM IST
Vizhinjam Port agreement not in favour of state: CAG
"The interests of state government were not protected adequately while drawing up the Concession Agreement", the report said in its conclusion.
May 23, 2017, 15:12 PM IST
Achuthanandan demands white paper on Vizhinjam
There was something mysterious about the agreement for the project which was signed during the Congress led UDF government headed by Oommen Chandy, Achuthanandan said.
May 22, 2017, 19:18 PM IST
Unit-4 at Mundra plant runs for record 600 days: Adani Power
Adani Power on Wednesday claimed that its thermal unit at its 4,620 MW Mundra power plant has created a national record by running continuously for 600 days and generating 4,142.56 units of electricity.
Mar 01, 2017, 15:52 PM IST
Adani appoints Purdie as CEO for rewnewable energy unit in Australia
Indian energy giant Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy player in the country.
Feb 08, 2017, 10:39 AM IST
Vibrant Gujarat Global Summit 2017: Adani Group to invest over Rs 48,000 cr by 2021, says Gautam Adani
Adani Group chairman Gautam Adani on Tuesday said the company plans to invest over Rs 48,000 crore in Gujarat in the next five years in various areas such as ports, solar, wind, edible oil and cement businesses.
Jan 10, 2017, 16:56 PM IST
Adani Group to spend $300 mn on Australia solar plants; secures land deals
Indian energy giant Adani Group has struck land deals in Australia to build two solar plants collectively valued at USD 300 million in a bid to develop 1,500 MW renewable capacity in five years, even as a court today dismissed appeals against its USD 16 billion coal and mine project.
Nov 25, 2016, 12:23 PM IST
Adani to start constructing Australia solar plants next year
Indian energy giant Adani Group on Sunday announced its new venture for construction of two major solar projects in Australia next year as part of its efforts to develop renewable energy projects in the country with a total capacity of 1,500 MW within the next five years.
Nov 20, 2016, 19:58 PM IST
Adani to commence construction of solar projects in Australia next year
Adani Enterprises on Saturday announced that it proposes to commence construction of two major solar projects in Australia next year, each with an output of 100-200 MW.
Nov 19, 2016, 18:18 PM IST
Adani Transmission rating unaffected by asset purchase: Fitch
Adani Transmission Ltd's (ATL) rating will not be affected by its planned acquisition of three transmission assets of Reliance Infrastructure for over Rs 2,000 crore.
Oct 07, 2016, 13:57 PM IST
Reliance Infrastructure to sell power transmission biz to Adani for Rs 2,000 crore
Reliance Infrastructure Ltd Wednesday said it has signed a binding term sheet agreement to sell its power transmission assets to Adani group firm ATL for over Rs 2,000 crore to cut debt.
Oct 05, 2016, 14:46 PM IST
Indian Oil, GAIL to take 49% stake in Adani Group's Dhamra LNG project
State-owned refiner Indian Oil Corporation (IOC) and gas utility GAIL India Ltd Wednesday signed pacts to take 49 percent stake in Adani Group's Rs 6,000-crore Dhamra LNG project in Odisha.
Sep 21, 2016, 17:55 PM IST
Adani unveils world's largest solar power plant in Tamil Nadu
Adani Green Energy, part of the Adani Group, on Wednesday said it has dedicated to the nation the world's largest 648-mw solar power plant in Tamil Nadu entailing an investment of Rs 4,550 crore.
Sep 21, 2016, 16:07 PM IST
Adani Enterprises Q1 net profit flat at Rs 364 crore
Adani Enterprises, the flagship company of Adani group, on Wednesday reported a flat consolidated net profit of Rs 363.71 crore for the quarter ended June 30.
Aug 10, 2016, 15:36 PM IST
Reports about cancellation of Rs 200 crore fine on Adani 'incorrect': Govt
Amid reports that Adani Port and SEZ Ltd (APSEZ) was spared a hefty fine of Rs 200 crore for environmental damage during construction of Mundra port, the Environment Ministry today said the claims are "incorrect" and it had imposed "more serious" responsibility on the firm without any cost limit.
Jul 04, 2016, 00:02 AM IST
Shocking! At Rs 72,000 crore, Gautam Adani's firm owes banks 8 times more than Vijay Mallya
According to PTI, Pawan Verma, member of JD(U), raising issues about corporate houses owing money to PSU Banks in the Rajya Sabha on Thursday alleged that Adani Group got “unimaginable” favours and that its debt stands at Rs 72,000 crore.
May 05, 2016, 18:20 PM IST
