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  • Aviation ministry signs MoU with Adani group for providing services at three airports Aug 26, 2021 09:04 AM IST

    Aviation ministry signs MoU with Adani group for providing services at three airports

    Adani Group and Ministry of Civil Aviation signed MoU for providing services, including customs, immigration and security, at the Jaipur, Guwahati and Thiruvananthapuram airports, an official statement said.

  • Adani floats company for petrochemical foray Aug 02, 2021 09:38 AM IST

    Adani floats company for petrochemical foray

    Adani Enterprises in stock exchange filing said it has incorporated Adani Petrochemicals Ltd (APL) as a wholly-owned subsidiary to "carry on business of setting up refineries, petrochemicals complexes, specialty chemicals units, hydrogen and related chemical plants and other such similar units".

  • Multiple Adani group companies being investigated by SEBI & DRI, Finance Ministry tells Parliament Jul 19, 2021 03:18 PM IST

    Multiple Adani group companies being investigated by SEBI & DRI, Finance Ministry tells Parliament

    Minister of State for Finance Pankaj Chaudhary told Parliament that three Adani group investors namely, Albula Investment Fund, Cresta Fund, and APMS Investment Fund were indeed frozen by SEBI in June.

  • As Adani's airport ambitions soar, rising risks of monopoly surface Jun 29, 2021 12:28 PM IST

    As Adani's airport ambitions soar, rising risks of monopoly surface

    While a single entity may be able to operate airports more efficiently, is there a risk of it becoming a monopoly?

  • Adani's Australian mining arm strikes coal at Carmichael project Jun 24, 2021 10:22 AM IST

    Adani's Australian mining arm strikes coal at Carmichael project

    In a statement, Bravus CEO David Boshoff said that Bravus was on track to export first coal as promised, in 2021.

  • Adani shares tumble: Here’s how much it has cost the investors Jun 14, 2021 09:44 PM IST

    Adani shares tumble: Here’s how much it has cost the investors

    Adani group’s market cap worth Rs 53,834 crore eroded in a day on June 14 as reports of NSDL freezing accounts of its key foreign portfolio investors emerged

  • NSDL says accounts of foreign funds invested in Adani companies are not frozen Jun 14, 2021 08:31 PM IST

    NSDL says accounts of foreign funds invested in Adani companies are not frozen

    Reports of a freeze on the accounts sent shares of several Adani group companies tumbling on Monday.

  • Adani says reports regarding foreign funds being frozen is blatantly erroneous Jun 14, 2021 03:11 PM IST

    Adani says reports regarding foreign funds being frozen is blatantly erroneous

    According to the firm, these reports are causing irreparable loss of economic value to the investors at large as well as the organisation.

  • Accounts of three Adani Group foreign investors frozen by NSDL Jun 14, 2021 10:19 AM IST

    Accounts of three Adani Group foreign investors frozen by NSDL

    Stocks of Adani group companies took a beating in the morning trade on June 14 after the news.

  • NSDL freezes 3 FPIs linked to Adani Group that own shares worth Rs 43,500 crores, stocks plunge: Report Jun 14, 2021 10:19 AM IST

    NSDL freezes 3 FPIs linked to Adani Group that own shares worth Rs 43,500 crores, stocks plunge: Report

    This would mean that the FPIs are now barred from selling or buying any new securities.

  • Adani and the Lucknow airport controversy: Who decides the charges, how are they fixed and other questions answered Jun 07, 2021 11:46 AM IST

    Adani and the Lucknow airport controversy: Who decides the charges, how are they fixed and other questions answered

    If you are wondering how airport charges are decided and what is the controversy about, here is a primer to bring you up to speed.

  • Adani coal contractor asks Australian government for insurance help May 13, 2021 08:07 AM IST

    Adani coal contractor asks Australian government for insurance help

    BMD Constructions Pty Ltd is building a section of a 210 km (130 mile) rail line that will service Adani's controversial Carmichael mine in northern Queensland state, which is due to start operations later this year.

  • Flipkart ties up with Adani Group to boost infrastructure, logistics Apr 12, 2021 09:38 AM IST

    Flipkart ties up with Adani Group to boost infrastructure, logistics

    As part of this partnership, Adani Logistics Limited will construct a 534,000 sq. ft. fulfilment centre in Mumbai that will be leased to Flipkart and also build a data centre for the e-commerce player.

  • Adani Group becomes 3rd Indian conglomerate to cross $100 billion in m-cap Apr 07, 2021 09:08 AM IST

    Adani Group becomes 3rd Indian conglomerate to cross $100 billion in m-cap

    The total market cap of Adani Group's six listed companies at the close of trading on Tuesday was Rs 7.84 lakh crore or USD 106.8 billion, according to stock exchange data.

  • Adani Ports and SEZ to bring rail operations under one platform Mar 17, 2021 01:29 PM IST

    Adani Ports and SEZ to bring rail operations under one platform

    Adani Track Management Services’ objective is to look after all the rolling stock and rail tracks of the company. At present, Adani Ports and SEZ has 60 trains and manages a 620-km-long railway track

  • Adani Group gets cash boost from stake sale to Total, but is it enough? Jan 20, 2021 08:25 AM IST

    Adani Group gets cash boost from stake sale to Total, but is it enough?

    Stake sale to Total sets a benchmark for Adani Green Energy’s market valuation. Proceeds from the sale can help the group fund capex and reduce pledges of shares

  • How savvy financial management is propelling the Adani group Dec 28, 2020 10:47 AM IST

    How savvy financial management is propelling the Adani group

    As the Adani group acquires scale, it's stepping up focus on stakeholder communication and investor compliances such as ESG. While the strategy is helping it raise funds at competitive rates, more needs to be done

  • GMR vs Adani: Forget India’s airline battles; who will win the airport battle? Dec 22, 2020 01:22 PM IST

    GMR vs Adani: Forget India’s airline battles; who will win the airport battle?

    A comparison of traffic in the last financial year shows that GMR’s airports or cities handle 34.13 percent of international traffic and 29.27 percent of domestic traffic, whereas the Adani group’s airports have handled 32.86 percent of international traffic and 25.55 percent of domestic traffic. Upcoming airports and expansions will determine who ultimately is at the top of the pecking order

  • SC allows Adani Power to recover compensatory tariff from Rajasthan discoms Sep 01, 2020 09:32 AM IST

    SC allows Adani Power to recover compensatory tariff from Rajasthan discoms

    The apex court upheld an APTEL order allowing Adani to recover from Raj discoms the higher cost of imported coal.

  • Mumbai International airport under his belt, Gautam Adani set to duel with GMR for top operator slot Aug 31, 2020 12:09 PM IST

    Mumbai International airport under his belt, Gautam Adani set to duel with GMR for top operator slot

    With the latest deal, Adani is closing in on GMR and for now, the entrepreneur from Ahmedabad is the favorite to win the race.

  • Leasing Thiruvananthapuram airport: Legislative assembly in Kerala passes resolution urging Centre to reconsider decision Aug 24, 2020 11:59 AM IST

    Leasing Thiruvananthapuram airport: Legislative assembly in Kerala passes resolution urging Centre to reconsider decision

    Kerala CM Pinarayi Vijayan-led state government is against leasing the Thiruvananthapuram International Airport to a private operator.

  • Adani Green Energy plans $1.35 billion fundraising: Report Aug 20, 2020 12:34 PM IST

    Adani Green Energy plans $1.35 billion fundraising: Report

    Adani Green Energy is raising capital for the construction of four solar and wind energy projects.

  • Airports Authority extends contract to manage six airports as Adani seeks more time: Report Jun 11, 2020 11:04 AM IST

    Airports Authority extends contract to manage six airports as Adani seeks more time: Report

    Adani Group had reportedly requested AAI for more time to improve its financial ability to take over the airports.

  • 30 firms participate in pre-bid meeting for Nellore, Tirupati railway station redevelopment May 14, 2020 05:03 PM IST

    30 firms participate in pre-bid meeting for Nellore, Tirupati railway station redevelopment

    Total cost of Tirupati station project is Rs 510 crore and Nellore station is Rs 130 crore. The tender is scheduled to be awarded by mid-June 2020.

  • Operations at three ports run by India's Adani disrupted: Sources Apr 13, 2020 03:57 PM IST

    Operations at three ports run by India's Adani disrupted: Sources

    There was no truck movement at three Adani ports in the state of Gujarat on the west coast, Mundra, Dahej and Tuna, the sources said. Additionally, berthing of container vessels was disrupted at Mundra, they said.

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