Lanco Infra

Infra stocks plunge, report says cos barred from 2 major port projects

The union home ministry has barred three of the country's largest infrastructure companies - Adani Port and Special Economic Zone (APSEZ), LancoInfratech and Punj Lloyd - from participating in two major port projects on security grounds.

Adani strikes again, buys Avantha's Korba plant for Rs 4,200 cr

This is the second acquisition by Adani Group since it bought the Rs 1,200 MW coal-fired Udupi plant from the debt-laden Lanco Infra for Rs 6,000 crore in August.

Adani, R-Power deals just the start; NTPC too will join rush to buy assets in power firesale

The purchase of Lanco's Udipi power plant by Adani and Jaiprakash's hydel assets by Reliance Power will not be the last. NTPC has a war chest of Rs 17,000 crore and ants to buy Rs 25,000 crore of power assets this year