Gautam Adani

Adani Ports raises $ 650 mn via dollar bond issue

In a BSE filing, APSEZ said "it has priced a Rule 144A/Regulation S offering of USD 650 million 3.50 senior unsecured notes due 2020."

Jul 23, 2015, 15:07 PM IST

Adani suspends contractors on biggest Australia coal project: Report

"Adani has suspended two major contractors on its Queensland coal project, raising fresh speculation about the company's ability to finance Australia's largest coal mine," the Sydney Morning Herald reported.

Jul 22, 2015, 10:07 AM IST

HC exempts Adani group from paying duty retrospectively

The Gujarat High Court on Wednesday set aside a 2010 notification of the union government which levied customs duty on electricity transfer by Adani Power Limited from its Special Economic Zone at Mundra to domestic areas with retrospective effect.

Jul 16, 2015, 00:00 AM IST

Adani to develop Rs 4,089-cr Vizhinjam Port project in Kerala

The Ahmedabad-headquartered group, which already operates the country's busiest port at Mundra in Gujarat, has received "Letter of Award" for developing the port, Adani Group said in a statement.

Jul 15, 2015, 21:31 PM IST

Adani Power bags 3 transmission projects, Sterlite Grid gets 1

"Adani Power has been the lowest bidder for three power transmission projects -- Chhattisgarh A, Chhattisgarh B and Sipat. Sterlite Grid is the lowest bidder for Maheshwaram transmission project," a source said.

Jul 15, 2015, 19:43 PM IST

Adani Group looks at Karaikal, 2 other ports for biz expansion

Country's largest port developer and part of billionaire Gautam Adani-led Adani Group, is in talks with the promoters of Gangavaram port in Andhra Pradesh as well as Karaikal & Larsen & Toubro's Kattupalli ports in Tamil Nadu, a person in know of the developments said.

Jul 15, 2015, 18:05 PM IST

Adani rejigs Australia coal mine budget due to delays

Adani Mining said on Wednesday it was rejigging the budget on the A$10 billion ($7.72 billion) Carmichael coal mine project in Australia as it faces delays in government approvals.

Jun 24, 2015, 12:27 PM IST

Adani halts work on Australia's Carmichael coal mine project

Adani has signed up buyers for about 70 percent of the 40 million tonnes coal the Carmichael project is due to produce in its first phase, with production expected to begin in late 2017.

Jun 24, 2015, 08:43 AM IST

Adani Group inks pact to set up 10K MW solar park in Rajasthan

"This project will be India's largest solar park and will also house manufacturing facilities to be set up under the country's ambitious Make In India initiative," Adani Group Chairman Gautam Adani said in the statement.

Jun 15, 2015, 19:59 PM IST

Promoters up stake in Adani Ports to 56.26%

The ten promoters, including Gautam Adani, Rajesh Adani and Adani Properties, have together acquired 56.25 per cent equity of the APSEZ, the company said in a filing to the BSE.

Jun 10, 2015, 22:01 PM IST

Adani gets nod for Vizhinjam port, to begin work in November

"We have decided to clear the project and it has been decided to hand it over to the lone tender of Adani Ports," Chandy told reporters here after the weekly cabinet meeting. 

Jun 10, 2015, 17:35 PM IST

Modi China visit: Gautam Adani, Vishal Sikka part of biz delegation

Top industrialists and CEOs, including Adani group chairman Gautam Adani and Vishal Sikka of Infosys, will be part of a high-level business delegation that will travel to China during Prime Minister Narendra Modi's visit to the Communist nation this week.

May 12, 2015, 17:13 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 Power completes acquisition of Lanco Infra's Udupi plant

Adani Power Ltd (APL) has said that it has completed the acquisition of Lanco Infratech's Udupi Power plant for Rs 6,300 crore, one of the largest takeovers in the country's thermal power space.

Apr 21, 2015, 15:19 PM IST

Adani project faces fresh trouble by Australian aboriginals

India's mining giant Adani Group is 'misleading' the public to suit its own economic interests by 'wrongfully' asserting that Australian aboriginals support its 16.5 billion-dollar project in their ancestral land, one of the three representatives of the natives said Wednesday.

Apr 15, 2015, 16:58 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

SBI scotches reports of scrapping $1 bn loan pact with Adani Group

Speculation is rife that SBI is set to reject Adani Group's USD 1 billion loan application for its Australian coal project, but the bank chairperson scotched the same saying "it's all gossip".

Mar 13, 2015, 21:58 PM IST

SBI to turn down Adani's $1 billion loan request: Sources

State Bank of India (SBI)is preparing to turn down a $1 billion loan request from Adani Enterprises intended for a $7 billion coal project in Australia, scrapping a preliminary deal signed last year, sources with direct knowledge of the move said.

Mar 13, 2015, 17:27 PM IST

Queensland govt clears Adani, GVK projects in Australia

Queensland's new government on Wednesday announced a fresh deal with Adani and GVK, clearing plans by two Indian firms to expand the port for coal projects in Australia.

Mar 11, 2015, 12:39 PM IST

Adani, GVK win Australian state backing to expand coal port

Queensland`s new state government on Wednesday cleared plans by two Indian companies to expand a port for coal projects that are opposed by green groups worried about pollution and damage to the Great Barrier Reef.

Mar 11, 2015, 09:34 AM IST