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Final Trade: Sensex ends 423 pts lower, Nifty settles at 23,350; as Adani, PSU Bank stocks tank

Final Trade: Sensex ends 423 pts lower, Nifty settles at 23,350; as Adani, PSU Bank stocks tank

Thu, Nov 21, 2024

While Indian indices had shown recovery earlier this week, today's developments erased those gains, signalling a challenging road ahead for market stability.

Adani Energy Solutions hits 20% lower circuit amid bribery charges

Adani Energy Solutions hits 20% lower circuit amid bribery charges

Thu, Nov 21, 2024

This marks the sharpest decline since the Hindenburg Research report in February 2023, which initially raised concerns about the group’s financial practices.

Adani group stocks nosedive: Buy or Sell? Here's what Anil Singhvi says

Adani group stocks nosedive: Buy or Sell? Here's what Anil Singhvi says

Thu, Nov 21, 2024

Adani group stocks faced heavy drubbing during the early trade on Thursday as Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay USD 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts.

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Adani, Jindal Power submit EoIs for Videocon Industries domestic business

Adani, Jindal Power submit EoIs for Videocon Industries domestic business

Tue, Feb 08, 2022

A source close to development told Zee Business “These two companies only have shown interest in domestic business of Videocon”.

BIG setback to Adani Wilmar IPO: Rs 4,500-cr share sale in 'abeyance'; Adani Group says THIS about communication from SEBI

BIG setback to Adani Wilmar IPO: Rs 4,500-cr share sale in 'abeyance'; Adani Group says THIS about communication from SEBI

Sat, Aug 21, 2021

Adani Group IPO: Without disclosing the reason, Sebi said "issuance of observations kept in abeyance" with regard to the Adani Wilmar IPO, according to an update in the SEBI website as on August 13.

Noida Authority allots land parcel to Adani Enterprises in Sector 62

Noida Authority allots land parcel to Adani Enterprises in Sector 62

Thu, Jul 29, 2021

Noida authority has allotted a land parcel measuring 34,275 sq metre at Rs 103.41 crore to Adani Enterprises for setting up a data centre.

Adani group wins bids to operate five airports - Here is how Airports Authority chose the winner

Adani group wins bids to operate five airports - Here is how Airports Authority chose the winner

Mon, Feb 25, 2019

A total of 32 technical bids were received from 10 companies to operate six airports that are currently under AAI's management. In November last year, the government had cleared a proposal for managing six AAI-run airports on public-private partnership (PPP) basis.

Tata, Adani, Essar Power case: Experts hail SC order, say will help firms to provide power to states at competitive rates

Tata, Adani, Essar Power case: Experts hail SC order, say will help firms to provide power to states at competitive rates

Tue, Oct 30, 2018

Power sector experts have hailed the Supreme Court’s order asking the Central Electricity Regulatory Commission (CERC) to give its findings on the proposed amendments in power purchase agreements (PPAs) for the coal-based plants of Tata, Adani and Essar Power within eight weeks.

Adani, Total join hands to set up retail network, LNG terminal

Adani, Total join hands to set up retail network, LNG terminal

Wed, Oct 17, 2018

India's largest infrastructure conglomerate Adani Group and French energy giant Total SA Wednesday announced a partnership to develop liquefied natural gas (LNG) import terminals and fuel retailing network in India.

Reliance Infra completes Rs 18,800 cr Mumbai power business sale to Adani

Reliance Infra completes Rs 18,800 cr Mumbai power business sale to Adani

Wed, Aug 29, 2018

Ambani said the deal will help cut the company's overall debt to Rs 7,500 crore from the earlier Rs 22,000 crore and also added that it is planning to be a zero debt company by next year. The company had called a board meet today to approve the transfer of Mumbai power business to Adani Transmission, after receiving the regulatory approvals.

Ruchi Soya's promoters sell over 1 cr shares worth 3.18% stake in open market

Ruchi Soya's promoters sell over 1 cr shares worth 3.18% stake in open market

Tue, Aug 28, 2018

Adani group firm Adani Wilmar, which sells cooking oil under Fortune brand, and Baba Ramdev-led Patanjali have been engaged in a long-drawn battle to take over Ruchi Soya.

UP Investors Summit 2018: Mukesh Ambani, Adani, Birla, ITC vow to invest in state

UP Investors Summit 2018: Mukesh Ambani, Adani, Birla, ITC vow to invest in state

Wed, Feb 21, 2018

Emphasising on making Uttar Pradesh an 'Uttam Pradesh', Ambani said India cannot rise to its full potential without the rise of 22 crore people of the state.

Adani drops contractor for Australian coal mine

Adani drops contractor for Australian coal mine

Mon, Dec 18, 2017

Adani and Downer said on Monday they had agreed to cancel all letters of award for mine services and related infrastructure, after the premier of the state of Queensland said she would veto a A$900 million loan from the federal government`s Northern Australia Infrastructure Facility (NAIF) for the mine`s rail line.

SAIL''s mining plans in lush forest may be nixed: Sources

SAIL''s mining plans in lush forest may be nixed: Sources

Thu, Dec 07, 2017

Steel Authority of India Ltd (SAIL) was banking on the mine in the country`s east to supply a big chunk of its raw material needs for a multi-billion-dollar expansion of its steel production capacity.

Adani hopes for government coal mine loan fade after Australian election

Adani hopes for government coal mine loan fade after Australian election

Mon, Nov 27, 2017

India`s Adani Enterprises Ltd faces a likely block on a A$900 million ($684 million) government loan to help build a giant coal mine in Australia, with the left-leaning Labor Party on track for re-election in a state poll.

Adani Enterprises' $16.5 billion coal project in Australia is a go

Adani Enterprises' $16.5 billion coal project in Australia is a go

Tue, Jun 06, 2017

Adani said, "I am proud to announce the official start of one of the largest single infastructure and job creating developments in Australia's recent history." The project is expected to generate over 10,000 jobs with the work beginning post September 2017.

Adani has to pay royalties in full for Carmichael coal mine project, says Australia's state premier Annastacia Palaszczuk

Adani has to pay royalties in full for Carmichael coal mine project, says Australia's state premier Annastacia Palaszczuk

Sat, May 27, 2017

Queensland state Premier Annastacia Palaszczuk has said on Saturday that the Adani Enterprises would not get any exemption or discounted rates on royalties for its Carmichael coal mine project in Australia and has to pay the royalties in full.

Adani delays Carmichael coal decision

Adani delays Carmichael coal decision

Tue, May 23, 2017

Adani delays Carmichael coal decision. Watch the full segment for more details.

Cricket legends Ian & Greg Chappell, others asks Gautam Adani to scrap Carmichael coal mine project in Australia

Cricket legends Ian & Greg Chappell, others asks Gautam Adani to scrap Carmichael coal mine project in Australia

Thu, Mar 16, 2017

Cricketers Ian & Greg Chappell including other prominent personalities from Australia in a letter to Adani Group's Gautam Adani have asked him to scrap the coal mine project in the country and warned that the mine project could damage bilateral ties and even hit sporting links.

Queensland govt invokes special powers to speed up Adani project

Queensland govt invokes special powers to speed up Adani project

Mon, Oct 10, 2016

Lynham said the declaration was based on advice from the independent Coordinator-General, who continued to meet regularly with Adani for the progress of the project.

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