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  • 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.

  • Gautam Adani, family put up additional $1.4bn shares as collateral Mar 20, 2020 10:58 AM IST

    Gautam Adani, family put up additional $1.4bn shares as collateral

    Aside from the global economic slowdown and coronavirus pandemic, Adani also faces legal challenge on his international airport bid and environmental opposition to his Carmichael coal mine in Australia

  • Pennar Industries bags orders worth Rs 550cr Mar 09, 2020 01:22 PM IST

    Pennar Industries bags orders worth Rs 550cr

    Value-added engineering products and solutions company Pennar Industries on March 9 said it has bagged orders worth Rs 550 crore last month from companies like Adani, L&T and Ashok Leyland

  • Adani Ports & SEZ in stable waters; stock price a pull Nov 19, 2019 10:26 AM IST

    Adani Ports & SEZ in stable waters; stock price a pull

  • IOC, GAIL to pay Adani 5% more charge than their own LNG terminal: Dharmendra Pradhan Nov 18, 2019 03:10 PM IST

    IOC, GAIL to pay Adani 5% more charge than their own LNG terminal: Dharmendra Pradhan

    India's largest oil firm IOC, which recently commissioned a 5 million tonne liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu, as well as gas utility GAIL have "both technical and financial capability to develop their own LNG terminal," he told the Lok Sabha.

  • Adani awards rail contract to support Australian thermal coal mine Oct 18, 2019 10:12 AM IST

    Adani awards rail contract to support Australian thermal coal mine

    The A$100 million ($68.30 million) contract was awarded to privately held Martinus Rail, based in the regional city of Rockhampton, Adani said in a statement on Friday.

  • Essel Infra to sell solar assets worth Rs 2,000 crore to Adani Group Jun 18, 2019 10:25 AM IST

    Essel Infra to sell solar assets worth Rs 2,000 crore to Adani Group

    This would be the third sale for Essel Infraprojects, which aims to monetize assets to pay off creditors.

  • Jaypee Infratech case: NBCC bid to be put to vote for 10 days May 30, 2019 03:34 PM IST

    Jaypee Infratech case: NBCC bid to be put to vote for 10 days

    The voting will be held from May 31 to June 10, sources said.

  • Adani becomes 1st Indian port operator to record 200 MT cargo movement Mar 27, 2019 11:03 AM IST

    Adani becomes 1st Indian port operator to record 200 MT cargo movement

    On March 21, leading private port operator APSEZ, recorded cargo movement of more than 200 MT, APSEZ said in a statement.

  • Adani to foray into petrochemicals with Rs 16,000 cr plant in JV with BASF Jan 17, 2019 04:37 PM IST

    Adani to foray into petrochemicals with Rs 16,000 cr plant in JV with BASF

    Besides investing in the chemical factory, BASF will also invest in wind and solar power plant at the site to meet the electricity requirement of the unit, the two companies said in a statement.

  • Andhra Pradesh govt inks pact with Adani group for Rs 70,000 cr data centre parks Jan 09, 2019 09:39 PM IST

    Andhra Pradesh govt inks pact with Adani group for Rs 70,000 cr data centre parks

    The data centre parks, which will be developed in three different campuses in and around Visakhapatnam, will create over one lakh direct and indirect employment over the next 20 years

  • Adani Transmission acquires KEC Bikaner Sikar Transmission for Rs 227.5 crore Nov 04, 2018 12:07 PM IST

    Adani Transmission acquires KEC Bikaner Sikar Transmission for Rs 227.5 crore

    KEC Bikaner Sikar Transmission holds a minimum 25 years concession licence to operate and maintain the 400 kV D/C Bikaner-Sikar Line of 344 circuit km in Rajasthan

  • Total in talks to buy stake in Adani's LNG, city gas projects Oct 14, 2018 02:30 PM IST

    Total in talks to buy stake in Adani's LNG, city gas projects

    Sources said Total is in talks to buy half of Adani's stake in the two terminals

  • Adani Ports & SEZ trades at low valuations despite strong earnings visibility Aug 08, 2018 08:28 AM IST

    Adani Ports & SEZ trades at low valuations despite strong earnings visibility

    Valuations too remain supportive, based on the FY19 estimates earnings of Rs 20 a share

  • SFIO probing Ruchi Soya's Rs 1,420-cr overseas transaction: Sources Jun 21, 2018 03:07 PM IST

    SFIO probing Ruchi Soya's Rs 1,420-cr overseas transaction: Sources

    On May 15, Ruchi Soya had declared to the exchanges that it had received a letter from the SFIO regarding an investigation into its affairs.

  • Adani Transmission acquires 100% equity in Ghatampur SPV Jun 20, 2018 07:03 PM IST

    Adani Transmission acquires 100% equity in Ghatampur SPV

    According to statement the GTL a special purpose vehicle was incorporated in December 2016 by the RECTPCL to establish transmission system for evacuation of power from 3X660MW Ghatampur thermal power project.

  • Adani plans entry into e-bus manufacturing biz with Taiwanese tie-up May 21, 2018 11:21 AM IST

    Adani plans entry into e-bus manufacturing biz with Taiwanese tie-up

    The Gautam Adani-led group is planning to set up a manufacturing facility in its SEZ in Mundra, Gujarat and is in talks with a Taiwanese electric bus manufacturer for a technology tie-up.

  • Australian PM Malcolm Turnbull backs Adani's mine project in Queensland Mar 07, 2018 02:11 PM IST

    Australian PM Malcolm Turnbull backs Adani's mine project in Queensland

    Adani's Carmichael mine and rail project in the untapped Galilee Basin has been held up by lack of financing and a barrage of legal challenges by green groups concerned about climate change.

  • RInfra gets shareholder nod for sale of Mumbai power biz to Adani Mar 01, 2018 02:37 PM IST

    RInfra gets shareholder nod for sale of Mumbai power biz to Adani

    "The resolution (for the sale) has been passed with 94 per cent votes in favour of the proposal," a company statement said.

  • Adani asked to prove Carmichael coal mine jobs promises in Australia Feb 07, 2018 03:15 PM IST

    Adani asked to prove Carmichael coal mine jobs promises in Australia

    Premier Annastacia Palaszczuk's remarks came as Labor party leader Bill Shorten cast doubt on the controversy-hit project.

  • India on the cusp of explosive growth, says Gautam Adani Feb 03, 2018 04:54 PM IST

    India on the cusp of explosive growth, says Gautam Adani

    Adani said over the past few years, the Narendra Modi government has introduced "game changing" policies which will drive foundational changes across India

  • Adani Ports & SEZ still offers value Jan 23, 2018 04:40 PM IST

    Adani Ports & SEZ still offers value

    With better demand, the company was able to maintain average port realisation at around Rs 407 a tonne as against Rs 413 a tonne in the corresponding quarter last year.

  • Reliance Infrastructure sells Mumbai power business to Adanis for Rs 18,800 cr Dec 21, 2017 03:40 PM IST

    Reliance Infrastructure sells Mumbai power business to Adanis for Rs 18,800 cr

    Reliance Infrastructure (RInfra) announced the signing of a Definitive Binding Agreement with Adani Transmission (ATL) for 100 per cent stake sale of its Mumbai power business, which includes integrated business of generation, transmission and distribution of power, Reliance Infrastructure said in a BSE filing today.

  • Adani cancels 2.6 bn dollar contract with Australian mining giant Dec 18, 2017 08:25 AM IST

    Adani cancels 2.6 bn dollar contract with Australian mining giant

    The split comes after Downer was the target of a nationwide activist campaign pressuring them to quit the 16.5 billion dollar project in central Queensland, the ABC News reported.

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