Adani Enterprises reports Rs 210.29 crore Q2 net profit
Adani Enterprises Wednesday reported a net profit of Rs 210.29 crore for the second quarter ended September 30, 2014, helped by increase in income from operations during the period.
Nov 12, 2014, 17:29 PM IST
Adani hires Parsons Brinckerhoff for Australia coal project
ndian conglomerate Adani Wednesday named the US-based Company Parsons Brinckerhoff as its project management contractor for the long-delayed USD 15 billion Carmichael mine, rail and port project in Australia.
Oct 29, 2014, 09:11 AM IST
Adani taps Morgan Stanley to help sell Australia port stake
Adani has appointed Morgan Stanley to advise on the possible sale of a stake in its Abbot Point coal port in Australia, as it looks to raise funds to help finance a A$7 billion ($6.2 billion) mine, rail and port project.
Oct 28, 2014, 09:05 AM IST
Corporates commit over Rs 1 lakh cr investment in Madhya Pradesh
Corporate houses, from Reliance Group to Adani Group, committed investments of nearly Rs 1 lakh crore in Madhya Pradesh on the first day of the Global Investors Summit Thursday which was inaugurated by Prime Minister Narendra Modi.
Oct 09, 2014, 22:16 PM IST
Adani Group promises Rs 20,000 cr investments in MP
Adani Group-led by billionaire Gautam Adani Thursday pledged to invest Rs 20,000 crore in Madhya Pradesh during the next five years in various projects.
Oct 09, 2014, 18:28 PM IST
Govt may cancel SEZs of Hindalco, Essar, Adani
Government is likely to cancel the approvals granted by it to nine companies including Hindalco Industries, Essar and Adani for setting up of special economic zones as no work has been done to execute the projects.
Sep 09, 2014, 17:43 PM IST
Adani welcomes repeal of contested mining tax in Australia
The repeal of the Minerals Resource Rent Tax (MRRT) or mining tax this week underlines the cost-effectiveness of the Carmichael mine, according to Adani's official statement here.
Sep 04, 2014, 12:21 PM IST
Tribunal stays CCI order on Adani Gas penalty
The Competition Appellate Tribunal has stayed Competition Commission of India's (CCI) Rs 25 crore penalty and modification of the gas sale contract order against Adani Gas Ltd, the city gas distribution arm of Ahmedabad-based Adani Group.
Aug 29, 2014, 20:14 PM IST
Adani Group plans to build Rs 12,500 cr power plant in Odisha
Adani Group is planning to invest Rs 12,500 crore for setting up a thermal power project in Odisha, days after it announced the Rs 6,000-crore deal to buy Lanco Infratech's plant in Karnataka.
Aug 26, 2014, 21:06 PM IST
Gautam Adani to invest $2 billion in Odisha power plant
Billionaire Gautam Adani plans to invest USD 2 billion to build a 2,500 megawatt power plant in Odisha, which would raise group capacity by a quarter and boost supply in a country where a third of the population still goes without power.
Aug 25, 2014, 11:30 AM IST
Time for consolidation in Indian power sector: Gautam Adani
A day after sealing Rs 6,000-crore deal to acquire 1,200-MW Udupi power plant, Adani Group Chairman Gautam Adani Thursday said it is time now for consolidation in the Indian power sector.
Aug 14, 2014, 17:49 PM IST
Adani Enterprises reports Q1 profit after tax of Rs 557 crore
Adani Enterprises, the flagship company of the Adani Group, reported a profit after tax of Rs 557 crore for the first quarter ended June 30, 2014 on the back of a 43 percent jump in revenue.
Aug 09, 2014, 17:03 PM IST
Adani's $16.5 bn Australian coal proj cleared, company welcomes decision
Hailing the decision, Adani Chairman, Gautam Adani said: " We welcome the Minister's approval of the Carmichael Mine and Rail project, which takes us another step closer to delivering our multi-billion dollar mine, rail and port development".
Jul 28, 2014, 12:39 PM IST
Undue favours made by Guj govt to Adani, Reliance, Essar
The CAG report stated that companies such as Reliance Petroleum, Essar Power and Adani Group got undue favours from the state government.
Jul 26, 2014, 09:49 AM IST
Adani Group in discussions with Jaypee for buying hydel projects
Adani Group is in talks with diversified Jaypee Group for acquiring some of its hydro projects in a deal worth over Rs 11,000 crore.
Jul 25, 2014, 17:38 PM IST
CBI registers preliminary inquiry against Adani Group
CBI has begun an inquiry into the alleged inflated credit facility availed from banks by Adani Group by over-invoicing for importing power sector equipment to the tune of Rs 2300 crore.
Jul 24, 2014, 22:57 PM IST
CBI registers Preliminary Enquiry against Adani Group
The Directorate of Revenue Intelligence (DRI) found over valuation and custom evasion.
Jul 24, 2014, 15:10 PM IST
Adani Mining, POSCO E&C sign pact for rail line in Australia
Adani Mining Pty Ltd, a part of Adani Group, and POSCO E&C Thursday signed a binding agreement to develop a greenfield rail line to open up the Galilee Basin coal reserves in Queensland, Australia.
Jul 17, 2014, 22:19 PM IST
Adani Ports gets environment nod for 8,481 hectare SEZ
Special Economic Zones have been promoted from the point of view of attracting FDI as well as to promote export led growth.
Jul 16, 2014, 16:36 PM IST
Adani's multi-billion dollar rail project awaiting final nod
The proposed AUD 16.5 billion mine and rail project of Indian mining major Adani Mining Pty Ltd in Queensland is awaiting the final nod from federal environment minister Greg Hunt and is expected to be taken by August 1st this year.
Jul 07, 2014, 12:51 PM IST
