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  • Approval delays halt work on Australia coal project: Adani Jul 22, 2015 07:43 PM IST

    Approval delays halt work on Australia coal project: Adani

    Output from the mine, one of a handful under development in the Galilee Basin of Queensland state, will be mostly exported to India, where it will be central to plans by Indian Prime Minister Narendra Modi to bring electricity to hundreds of millions of people living off the grid.

  • Adani defends Queensland mine project in Australian court Apr 07, 2015 03:45 PM IST

    Adani defends Queensland mine project in Australian court

    The Land Court heard that the burning of coal would risk the climate to a dangerous level while its extraction would not directly affect the Great Barrier Reef - a world heritage site.

  • FCI plans 2-MT capacity silos at investment of Rs 2,000cr Mar 31, 2015 04:49 PM IST

    FCI plans 2-MT capacity silos at investment of Rs 2,000cr

    At present, India has 71 million tonnes (MT) of conventional storage space, including 33 MT under the control of state-run Food Corporation of India (FCI), while the remaining belongs to state agencies and Central Warehousing Corporation.

  • Indigenous traditional owners reject Adani land deal in Aus Mar 26, 2015 02:27 PM IST

    Indigenous traditional owners reject Adani land deal in Aus

    The Wangan and Jagalingou (W&J) people, the traditional owners of the lands earmarked for the mine and of much of the Galilee Basin, have rejected the Indigenous Land Use Agreement with Adani to build coal mine in the area.

  • ABG Shipyard up 19%, M&M in race to buy strategic stake Feb 25, 2015 12:12 PM IST

    ABG Shipyard up 19%, M&M in race to buy strategic stake

    ABG Shipyard is already amidst a Rs 11000 crore debt restructuring package and is currently scouting for strategic buyers.

  • Airport privatisation: AAI employees to strike on Mar 11 Feb 16, 2015 09:43 PM IST

    Airport privatisation: AAI employees to strike on Mar 11

    Alleging that the privatisation of Delhi and Mumbai airports during the UPA regime was a big "scam" and that Civil Aviation Ministry had "closed down" old airports at Bangalore and Hyderabad without approval of the AAI board, Ahlawat said the government now wants to hand over four more airports, already modernised by AAI, to the private players.

  • Govt scraps bidding process of Odisha & Tamil Nadu UMPPs Jan 08, 2015 05:50 PM IST

    Govt scraps bidding process of Odisha & Tamil Nadu UMPPs

    Unfortunately we did not get enough bids and we had to scrap the process. The process was initiated before this government came in and I thought it was not prudent to keep extending it without a possible solution, said Piyush Goyal.

  • Adani hires Parsons Brinckerhoff for Australia coal project Oct 29, 2014 12:23 PM IST

    Adani hires Parsons Brinckerhoff for Australia coal project

    Brinkerhoff, a project management and infrastructure consulting firm, will be Adani's PMC partner for the Phase 1 contract encompassing Adani's planned works for the Carmichael mine, North Galilee Basin Rail (NGBR) and expansion at the port of Abbot Point.

  • Citi: Three stocks to play India's logistics sector Aug 22, 2014 01:25 PM IST

    Citi: Three stocks to play India's logistics sector

    In a 57-page report, analysts at Citi discussed prospects for the sector, and outlined three stocks – Adani Ports and SEZ, Container Corporation and Gujarat Pipavav – that they believe could be potential beneficiaries of an expected economic turnaround.

  • Axis Bank, L&T up 2%; Nifty struggles at 6150, Sensex flat Feb 24, 2014 11:00 AM IST

    Axis Bank, L&T up 2%; Nifty struggles at 6150, Sensex flat

    Rupee is flat against the dollar as expectation of dollar inflows by corporate offset losses from weak shares and Asian currencies. Importer's month end dollar demand may weigh.

  • Tata's Mundra plant gets tariff hike boost Feb 22, 2014 01:56 PM IST

    Tata's Mundra plant gets tariff hike boost

    As per a CERC order, state power utilities will now compensate Tata Power's Mundra power ultra mega power plant for losses of about Rs 329 crore logged in FY2012-13 in 36 monthly installments while losses notched up between April 2013 and February 2014 will be compensated via a Rs 0.52 per KwH tariff hike over the next 12 months.

  • HC orders suspension of activity at 12 Adani SEZ units Jan 14, 2014 10:38 AM IST

    HC orders suspension of activity at 12 Adani SEZ units

    Some units in the Mundra SEZ were allegedly operating in violation of norms as they had failed to receive individual clearances from the state environment ministry, according to the court‘s observation.

  • Nine cos show interest in 4,000 MW Beda-Bahal UMPP Nov 25, 2013 02:13 PM IST

    Nine cos show interest in 4,000 MW Beda-Bahal UMPP

    The bidders are a mix of companies that are keen on the space - Larsen and Toubro (L&T), Tata Power, Adani, JSW Energy, Jindal Power, Sterlite and NTPC, plus a consortium that includes NHPC, BHEL and southern coal fields.

  • PMG cleared projects to take 3-4 mnths for final clearance Nov 18, 2013 10:23 PM IST

    PMG cleared projects to take 3-4 mnths for final clearance

    More than 100 projects which were cleared by prime minister‘s project monitoring group last week, will now have to pass the clearance test from 2 other government bodies before getting a final clearance.

  • CCI to consider 7 projs worth Rs 1.6 lakh cr on Sept 17 Sep 15, 2013 12:12 PM IST

    CCI to consider 7 projs worth Rs 1.6 lakh cr on Sept 17

    Seeking to push investment and growth, the Cabinet Committee on Investment headed by the Prime Minister is likely to consider seven stalled mega infrastructure projects, envisaging investment of around Rs 1.6 lakh crore, on September 17.

  • Ocean Sparkle: Managing ports along India's Coastline Sep 10, 2013 06:48 PM IST

    Ocean Sparkle: Managing ports along India's Coastline

    With little fuss, the Hyderabad-based port operations company has built a presence all along India's coastline

  • See Tata Power rerating once tariff hike effected: Antique Aug 22, 2013 03:30 PM IST

    See Tata Power rerating once tariff hike effected: Antique

    Tata Power is likely to be the biggest beneficiary because as per estimates, one can expect the company to report Rs 200 crore profit due to the 55-58 paisa hike, instead of Rs 1,000 crore loss without the hike

  • Multibagger pick: SP Tulsian bets on Gujarat Gas Jul 03, 2013 10:46 AM IST

    Multibagger pick: SP Tulsian bets on Gujarat Gas

    SP Tulsian of sptulsian.com feels Gujarat Gas can move to about Rs 240 in next six months or so

  • Live Updates: Market off day's high, Nifty slips below 5750 Apr 03, 2013 12:54 PM IST

    Live Updates: Market off day's high, Nifty slips below 5750

    It was a flat market with a negative bias for the frontliners. The Nifty was below 5750 weighed down by Bharti Airtel, autos and commodities. The Sensex was down 30.66 points at 19010.29 while the Nifty slipped 8.50 points to 5739.60.

  • SP Tulsian picks 4 stocks, expects 9-15% upside Mar 09, 2013 03:25 PM IST

    SP Tulsian picks 4 stocks, expects 9-15% upside

    Market expert SP Tulsian of sptulsian.com is bullish on Adani Enterprises,Godrej Industries, SpiceJet and Pantaloon Retail. He sees an upside of 9-15 percent in these stocks going ahead.

  • Expect order on Tata Power, Adani Power cases soon: CERC Feb 25, 2013 06:56 PM IST

    Expect order on Tata Power, Adani Power cases soon: CERC

    Pramod Deo, chairperson, CERC, says that the hearing process is complete and the orders on petitions moved by Tatas and Adanis seeking higher tariff for electricity generated from their imported coal-fired projects in Gujarat will be announced soon.

  • 22 cos tap OFS route for stake sale; firms raise Rs 39k cr Feb 10, 2013 01:59 PM IST

    22 cos tap OFS route for stake sale; firms raise Rs 39k cr

    Emerging as the most-preferred share sale route for listed firms, the OFS (Offer For Sale) mechanism has been used by as many as 22 companies to raise a collective amount of about Rs 39,000 crore since its launch about a year ago.

  • Hopeful of 30% linkage getting restored for Mundra: Adani Jan 10, 2013 11:31 AM IST

    Hopeful of 30% linkage getting restored for Mundra: Adani

    In an interview to CNBC-TV18 Gautam Adani, chairman, Adani Enterprises said he is hopeful of 30% linkage getting restored for its Rs 25,000-crore imported coal-based power plant at Mundra in Gujarat.

  • Will govt's worldwide change mindset on scarcity of coal? Jan 07, 2013 10:42 AM IST

    Will govt's worldwide change mindset on scarcity of coal?

    Depletion of high-quality coal and environmental concerns are a factor in the way states react, but coal is still a fuel of choice in emerging markets, says James O‘Connell.

  • Market to remain rangebound in Dec series: SP Tulsian Dec 20, 2012 03:47 PM IST

    Market to remain rangebound in Dec series: SP Tulsian

    In an interview to CNBC-TV18, SP Tulsian of sptulsian.com discussed the market performance, which saw an uptrend in the intraday movement. Tulsian did not consider Gujarat elections as the main cause for the upmove. He believes the market is following the trend for the entire December series.

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