Adani Group

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Adani Group - Total results - 154
Adani Green Energy shares jump 5% after Total SA invests Rs 3,707 cr in solar energy JV with company
Business

Adani Green Energy shares jump 5% after Total SA invests Rs 3,707 cr in solar energy JV with company

Shares of Adani Green Energy gained 5 percent on Wednesday after Total SA said it has invested Rs 3,707 crore in a solar energy joint venture with the domestic firm

French energy firm Total's arm invests Rs 3,700 cr to form joint venture with Adani Group
Business

French energy firm Total's arm invests Rs 3,700 cr to form joint venture with Adani Group

French energy firm Total SA on Tuesday said it has invested Rs 3,707 crore to set up 50:50 joint venture with Adani Green Energy Ltd (AGEL) through its step-down subsidiary

Air India stake sale: Adani Group mulls bidding for ailing national carrier; scrutinises bid documents
Business

Air India stake sale: Adani Group mulls bidding for ailing national carrier; scrutinises bid documents

Billionaire Gautam Adani's energy and infrastructure conglomerate is considering bidding to buy Air India and is pouring into bid documents before finalising a plan, sources said

DHFL stock rises 5% to hit upper circuit as over two dozens entities interested in takeover
Business

DHFL stock rises 5% to hit upper circuit as over two dozens entities interested in takeover

Shares of Dewan Housing Finance Corporation Ltd on Tuesday shot up 5 percent to hit upper price band after more than two dozen entities put in bids to takeover the debt-laden firm

Japan's tech major NTT to invest estimated $1.5 bn in data centres in India; eyes to more than double capacity in next 3 years
Business

Japan's tech major NTT to invest estimated $1.5 bn in data centres in India; eyes to more than double capacity in next 3 years

NTT's overall capacity, which stands at 1.2 million sq ft at present spread across Mumbai, Noida, Chennai and Bengaluru, will go up by 1.5 million sq ft.

Gautam Adani lays out plans to become world's largest renewable energy player by 2030
Business

Gautam Adani lays out plans to become world's largest renewable energy player by 2030

Moving away from polluting coal, billionaire Gautam Adani on Wednesday laid out a blueprint to make his group the world's largest solar power company by 2025 and the biggest renewable energy firm by 2030 through aggressive capacity addition push in these areas

Battle for MIAL: Arbitration tribunal restrains Adanis from buying Bidvest stake; GVK asked to compensate South African partner
Business

Battle for MIAL: Arbitration tribunal restrains Adanis from buying Bidvest stake; GVK asked to compensate South African partner

The Bombay High Court had late October asked GVK to close the deal by 7 November 2019 in the third extension to arrange the Rs 1,248-crore or Rs 77 a share for the deal, valuing MIAL at Rs 9,500 crore.

Siemens to support Australian coal project despite protests; teen climate activist Greta Thunberg asks German firm to review its role
Business

Siemens to support Australian coal project despite protests; teen climate activist Greta Thunberg asks German firm to review its role

Siemens was awarded a contract last year to provide signaling technology for a railway line to transport coal from a remote coal mine run by India’s Adani Group in northern Queensland state

Reliance Industries, BP sign pact to set up petrol pumps under Jio-BP brand; joint venture likely to be formed by mid of 2020
Business

Reliance Industries, BP sign pact to set up petrol pumps under Jio-BP brand; joint venture likely to be formed by mid of 2020

BP had in 2011 bought 30 percent stake in 21 oil and gas exploration and production blocks of Reliance for $7.2 billion.

Qatar sovereign wealth fund QIA buys 25.1% stake in Adani Electricity Mumbai for Rs 3,200 cr
Business

Qatar sovereign wealth fund QIA buys 25.1% stake in Adani Electricity Mumbai for Rs 3,200 cr

Qatar Investment Authority has agreed to buy a 25.1 percent stake in Adani Electricity Mumbai Ltd - the firm that distributes power to three million consumers in Mumbai - for Rs 3,200 crore

Mukesh Ambani polevaults to 12th position as world's richest Indian with net worth of $59.4 bn after m-cap nears Rs 10 lakh cr
Business

Mukesh Ambani polevaults to 12th position as world's richest Indian with net worth of $59.4 bn after m-cap nears Rs 10 lakh cr

With Reliance Industries having overtaken British energy giant BP Plc to become the sixth-largest energy company in the world, the conglomerate is now valued at $138 billion

Without substantial progress thermal power plants get environment clearance extension
science

Without substantial progress thermal power plants get environment clearance extension

The projects, owned by Adani Power Limited, showed no progress and the est cost of the project is over Rs 21,000 crore.

GVK Group companies to raise Rs 7,614 cr to retire debt, Bidvest, ACSA stakes in Mumbai Airport
Business

GVK Group companies to raise Rs 7,614 cr to retire debt, Bidvest, ACSA stakes in Mumbai Airport

GVK Reddy will continue as Executive Chairman and GV Sanjay Reddy as Managing Director in both MIAL and NMIAL

Australian minister Matt Canavan tells Gautam Adani to get coal mine project in Queensland moving
Business

Australian minister Matt Canavan tells Gautam Adani to get coal mine project in Queensland moving

Australia's Resources Minister Matt Canavan on Tuesday asked Adani Group chairman Gautam Adani to focus on the coal mine project in central Queensland and get it "moving" forward, refuting reports of any "widespread" opposition against the controversial venture

Adani Enterprises arm to invest Rs 10,000 cr in airport business; projects to start revenue generation from next year
Business

Adani Enterprises arm to invest Rs 10,000 cr in airport business; projects to start revenue generation from next year

The government last month said the Airports Authority of India (AAI) has issued letters of award for handing over Ahmedabad, Lucknow and Mangaluru airports to Adani Enterprises Ltd after the Cabinet nod.

Adani Group adds yet another revenue stream, sets up new company to manage airport businesses
Business

Adani Group adds yet another revenue stream, sets up new company to manage airport businesses

Adani Airports Ltd is incorporated in India and registered with the Registrar of Companies at Ahmedabad in Gujarat on 2 August.

Jaypee insolvency: NCLAT asks IDBI Bank to file affidavit listing out new terms for fresh bidding
Business

Jaypee insolvency: NCLAT asks IDBI Bank to file affidavit listing out new terms for fresh bidding

All the 13 banks, which constitute 40.75 percent of CoC, voted against the bid by the state-run firm to acquire Jaypee Infratech.

Adani's Australian coal mine: Queensland approves black-throated finch management plan; needs one more permit
Business

Adani's Australian coal mine: Queensland approves black-throated finch management plan; needs one more permit

The Australian state of Queensland on Friday approved Adani Enterprise’s management plan for an endangered bird at the site for a controversial coal mine, leaving only one more permit before construction can start on the project

Adani Power registers Rs 635 cr profit in Q4 on back of higher revenues; plans to raise Rs 7,000 cr
Business

Adani Power registers Rs 635 cr profit in Q4 on back of higher revenues; plans to raise Rs 7,000 cr

Adani Power's consolidated net loss for 2018-19 narrowed to Rs 984.40 crore from Rs 2,102.95 crore in the previous fiscal.