Tag: Adani

Gautam Adani
Adani Group to invest Rs 57,575 crore in Odisha

The high-level clearance authority (HLCA) of Odisha government headed by Chief Minister Naveen Patnaik on Wednesday approved the Adani Group's proposal to set up two projects -- a 4 MMTPA integrated alumina refinery and a 30 MMTPA iron ore (value addition) project.

  • Thursday, 11 August 2022
Threat perception to Gautam Adani, Centre provides 'Z category' security

According to sources, more than 30 army personnel will be deployed in the security given to India's top industrialist.

  • Thursday, 11 August 2022
PLI In 5G Product Manufacturing To Boost Telecom, Electronics Sectors
Jio, Airtel, Adani pour Rs 1.45 lakh crore bids for 5G spectrum

Telecom Minister Ashwini Vaishnaw said the response on the first day of the auction exceeded all expectations and will surpass the records of 2015, when revenue collection from auction stood at Rs 1.09 lakh crore.

  • Wednesday, 27 July 2022
Adani to acquire Holcim India assets for USD 10.5 bn

Adani has in the last couple of years diversified beyond core business of operating ports, power plants and coal mines into airports, data centres and clean energy.

  • Sunday, 15 May 2022
Odisha garners over Rs 90k cr at investors’ meet in Bengaluru

Bengaluru: In a major achievement in its endeavour to attract investments, Odisha was able to garner investment commitments worth Rs 90,490 crores at the two-day investors’ meet organised in Bengaluru. “I personally met heads of 24 companies today. We have received total investment announcement of Rs 90,490 crore during the two days with employment potential […]

  • Tuesday, 20 July 2021
Adani, Bharti grab bulk of 26 deals worth $22 bn with China Inc

Twenty six pacts worth $22 billion! That was the sum and substance of the pacts signed between the businesses of India and China on Saturday, the major ones accounted for by the Adani and Bharti groups, coinciding with prime minister Narendra Modi's visit here

  • Friday, 16 July 2021
Adani's $3.5bn debt-funded 'investment' in Australia at risk

New Delhi: The Adani Group’s entire A$3.5 billion (Rs 178 billion) debt-funded ‘investment’ in Australia is gravely at risk, the US-based Institute for Energy Economics and Financial Analysis (IEEFA) said on Monday. In a new report it details how Adani’s Abbot Point Coal Terminal has excessive financial leverage, negative shareholders equity and runs the risk […]

  • Tuesday, 06 July 2021
Adani Power got nod to set up power SEZ on Feb 25

New Delhi: Days before the Lok Sabha election dates were announced, the government paved the way for Adani Power Limited (APL) to set up India’s first power sector special economic zone (SEZ) by amending guidelines. With the amendment to power-related guidelines for SEZ by the Ministry of Commerce earlier this year, APL is set to […]

  • Sunday, 02 May 2021
Jaypee Infra buyout race picks up with Adani, NBCC bids

New Delhi: As the May 6 deadline approaches to resolve the Jaypee Infratech Ltd (JIL) insolvency case, the battle to acquire the debt-laden company has become more intense with NBCC submitting a fresh bid on April 24 and the Adani Group also entering the fray. According to sources, the Committee of Creditors (CoC) has asked […]

  • Sunday, 02 May 2021
CM Naveen Patnaik Inaugurates Tribal School & Various Projects Worth Rs 200 Crore In Odisha

Baripada: Chief Minister Naveen Patnaik on Wednesday inaugurated a residential school for tribal students and launched various developmental projects worth more than Rs 200 crore in Mayurbhanj district. The chief minister emphasized the need of education for the deprived tribal population of Mayurbhanj district and hoped the newly set up institute will usher in a […]

  • Wednesday, 21 April 2021
CBI Files Case Against Adani Ent. Ltd, NCCF Officials

New Delhi: In trouble brewing for the Gautam Adani-led M/S Adani Enterprises, the Central Bureau of Investigation on Thursday said it has registered a case against former officials of the National Co-operative Consumer Federation (NCCF) and others over alleged irregularities in supply of coal to the Andhra Pradesh Power Generation Corporation (APGENCO) in 2010. The […]

  • Tuesday, 20 April 2021
Adani Group Acquires 74% Stake In Mumbai Airport

New Delhi:  Billionaire Gautam Adani’s Adani Group on Monday said it will acquire GVK’s stake in Mumbai airport, to become the country’s biggest private airport operator, with a cumulative shareholding to 74 per cent. According to a regulatory filing, Adani Airport Holdings Ltd (AAHL), the flagship holding company of Adani Group for its airport business, […]

  • Tuesday, 13 April 2021
Flipkart Enters Into Strategic Partnership With Adani Group
Flipkart Enters Into Strategic Partnership With Adani Group

New Delhi: Flipkart, India’s leading homegrown e-commerce marketplace, Monday announced a strategic and commercial partnership with the Adani Group, India’s largest multinational infrastructure company. In this two-pronged partnership, Flipkart will…

  • Monday, 12 April 2021