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 to go ahead with projects in Australia despite govt change
In a statement, Adani Group said that the election result does not influence the company's financial decision making.
Feb 05, 2015, 17:48 PM IST
Adani Ports Q3 net up 14% at Rs 512 cr
Adani Ports and Special Economic Zone Wednesday reported 13.66 percent jump in consolidated net profit to Rs 512 crore for third quarter ended December 31, on the higher income.
Jan 28, 2015, 18:39 PM IST
Adani Powers posts Rs 429 crore quarterly loss
Adani Power Wednesday reported a consolidated net loss of Rs 429 crore in the three months ended December 2014, as lower tariff and limited domestic coal availability took a toll on the bottom line.
Jan 28, 2015, 18:26 PM IST
Adani to invest Rs 20,000 crore in Gujarat ports in next 5 years
Billionaire Gautam Adani-led Adani Group on Monday announced a Rs 20,000-crore investment for expanding the capacity of its Gujarat ports to 100 million tonnes per annum by 2020.
Jan 12, 2015, 18:59 PM IST
Adani Power buys Avantha's 600 MW plant for Rs 4,200 crore
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.
Nov 24, 2014, 23:34 PM IST
Adani Power shares up nearly 3% on Avantha deal
Shares of Adani Power Monday rose by nearly 3 percent after it entered into a binding agreement with Gautam Thapar-led Avantha Group to buy out its 600 MW Korba West unit for more than Rs 4,200 crore.
Nov 24, 2014, 17:10 PM IST
Govt has no role in SBI's $1 billion loan to Adani Group: BJP
Steering clear of any controversy over grant of USD 1 billion loan by SBI to Adani Group, BJP Thursday said the deal is between the bank and industry and the government has no role in the matter even as the ruling party hit out at Congress for dragging the Prime Minister into it.
Nov 20, 2014, 21:54 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
Adani's Australian mine project cleared; India to provide $1 bn loan
The Adani group welcomed the decision of the Queensland government to clear the project in the Galilee basin that will ensure that one of the mega mines proposed by the company and GVK gets a clearance next year.
Nov 17, 2014, 16:57 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
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
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
Gautam Adani in attendance as Modi addresses UN General Assembly
As Prime Minister Narendra Modi made his first address to the UN General Assembly, top industrialist Gautam Adani from his home state Gujarat was seen in the audience here at the UN headquarters.
Sep 27, 2014, 22:03 PM IST
Ambani tops richest Indian list, Adani at 10th
As per the Hurun India Rich List for 2014, Mukesh Ambani's wealth has risen 37 percent to Rs 1.65 lakh crore this year.
Sep 17, 2014, 09:54 AM 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
Ambani, Adani, Kochar part of PM's biz delegation to Japan
In 2012-13, Japan-India bilateral trade reached USD 18.61 billion, marginally higher than USD 18.43 billion in the previous year.
Aug 26, 2014, 10:00 AM 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
