Adani Enterprises

Australian court revokes approval for Adani's coal mine project

Indian mining giant Adani's plan to build one of the world's largest coal mines in Australia on Wednesday suffered a setback after a court in the country revoked the government's environmental approval for 16.5 billion dollar project.

Aug 05, 2015, 11:00 AM IST

Adani to form JV with Foxconn; may make iPhones in India

Adani Enterprises, the flagship company of the Adani Group, is in talks with the world's largest contract manufacturer Foxconn to form a joint venture (JV), which is likely to make iconic Apple iPhones in India.

Aug 04, 2015, 20:12 PM IST

Adani Enterprises to raise up to Rs 6,000 cr via securities

Adani Enterprises, the flagship company of the Adani Group, Tuesday said it plans to raise up to Rs 6,000 crore through issuance of securities to sustain rapid business growth.

Jul 28, 2015, 12:42 PM IST

Adani Enterprises falls 3% on buzz of halting work at Australia mine project

The stock fell by 2.58 percent to close at Rs 94.50 on the BSE. During the day, it dipped 4.89 percent to Rs 92.25.

Jun 25, 2015, 20:24 PM IST

Adani Enterprises shares fall on demerger

In a major recast of operations, diversified Adani group had in January this year consolidated its ports, power and mining assets into three separately listed firms and would list a new company for transmission business.

Jun 03, 2015, 17:27 PM IST

Adani Enterprises to exit S&P BSE indices from June 3

Adani Enterprises would be excluded from S&P BSE indices with effect from June 3 amid the demerger of the group's ports, power and mining businesses.

May 28, 2015, 19:18 PM IST

Adani Enterprises Q4 Net declines 74% to Rs 737.17 crore

The Ahmedabad-based firm had posted a net profit of Rs 2,847.82 crore in the corresponding year-ago period, it said in a BSE filing.

May 13, 2015, 17:39 PM IST

Adani Power Q4 net plunges 71.72% to Rs 715.05 cr

Adani Power Monday reported 71.72 percent plunge in consolidated net profit for the quarter ended March 31, 2015, to Rs 715.05 crore due to decline in sales.

May 11, 2015, 19:45 PM IST

Adani Enterprises appoints Pranav Adani as Additional Director

Pranav, nephew of Adani Group founder and chairman Gautam Adani, is currently heading the group's agro business as Managing Director of Adani Wilmar.

Apr 01, 2015, 14:49 PM IST

Adani in talks with buyers to sell coal from Australian mines

The company also said that it has signed certain letters of intent with these power utilities and coal traders as part of discussions to sell the fuel.

Mar 09, 2015, 13:03 PM IST

Adani, Rajasthan govt to set up India's largest solar park

The company will set up solar power project of 5000 MW on its own in the next five years. The Adani Group will also develop solar manufacturing units and power evacuation systems.

Feb 09, 2015, 22:36 PM IST

Australia state poll, reef risks cast shadow over Adani, GVK ventures

A shock state election result in Australia`s coal-rich Queensland state and heightened pressure to protect the Great Barrier Reef have thrown new doubts over plans by Indian firms to build two huge mines.

Feb 05, 2015, 09:10 AM IST

Adani Enterprises soars nearly 10%; hits 52-week high in intra-day

Shares of Adani Enterprises surged nearly 10 percent Friday after diversified Adani group announced demerger of all ports and power assets into two already listed firms.

Jan 30, 2015, 22:50 PM IST

Adani Enterprises' Q3 profit up six-fold to Rs 443.85 cr

Adani Enterprises Ltd (AEL) Friday reported over six-fold increase in its consolidated net profit at Rs 443.85 crore for the quarter ended December 31, 2014 on the back of higher contribution from coal, ports and power businesses.

Jan 30, 2015, 19:53 PM IST

Adani recasts biz; consolidates ports, power, mining assets

In a major recast of operations, diversified Adani group on Friday consolidated its ports, power and mining assets into three separately listed firms and would list a new company for transmission business, while unlocking value worth over Rs 60,000 crore for the shareholders.

Jan 30, 2015, 15:16 PM IST

Adani Enterprises board gives nod to divestment in MEGPTCL

In November last year, the company had proposed to divest shares in the transmission company to Adani Transmission.

Jan 17, 2015, 00:33 AM IST

Legal fight steps up against Adani's coal mine in Australia

An Australian environmental group launched a legal challenge against Adani Enterprises’ $7 billion Carmichael coal mine project in the Galilee Basin.

Jan 15, 2015, 12:00 PM IST

Adani, SunEdison to invest Rs 25,000 cr in Gujrat

Adani Enterprises and US-based SunEdison will invest about Rs 25,000 crore to set up a solar park in Gujarat that will create 20,000 new jobs.

Jan 11, 2015, 21:41 PM IST

SBI defends loan to Adani, says money disbursal after scrutiny

Amid controversy over sanctioning a USD 1 billion loan to Adani Group, SBI Thursday said it has only signed a preliminary MoU and will disburse the money only after proper due diligence.

Nov 20, 2014, 18:38 PM IST

India may provide up to $1 bn loan for Adani Australia coal mine

The company also won a commitment from the state government to take short-term, minority stakes in rail and port infrastructure needed to unlock massive coal reserves in the untapped Galilee Basin.

Nov 17, 2014, 08:59 AM IST