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Worth $3.7 trillion in 2023, India is the world’s fifth largest economy. New Delhi: India is poised to become a 21st-century economic powerhouse, offering an alternative to China for investors looking for growth and for reducing supply chain risks with Prime Minister Narendra Modi and industrialists Gautam Adani and Mukesh Ambani playing a fundamental role…
APSEZ plans to develop a 25-meter deep port that can accommodate Panamax vessels (Representational) New Delhi: Adani Group firm APSEZ is eyeing the Philippines’ Bataan province to develop a port, a statement issued by the office of the president of the Philippines said. APSEZ Managing Director Karan Adani met the Philippines President Ferdinand R Marcos…
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A logo of the Adani Group | Photo Credit: Reuters India’s markets regulator found a dozen offshore funds invested in Adani Group companies were in violation of disclosure rules and in breach of investment limits, two people with direct knowledge of the matter said on April 22. They declined to be named as they not…
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The logo of the Adani group on an office in Ahmedabad. Representational image | Photo Credit: Reuters Adani Green Energy Ltd on Wednesday said it has commissioned 2,000 MW of solar capacity at the giant Khavda solar park in Gujarat that has made it the first company in India with over 10,000 MW of renewable…
Prosecutors are digging into whether an Adani entity or people linked to the company, including Mr. Adani, were involved in paying officials in India for favourable treatment. File. | Photo Credit: The Hindu The United States has widened its investigation of Adani Group to focus on the conduct of its founder, Gautam Adani, and whether…
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Adani Group Chairman Gautam Adani recalled his long journey as an entrepreneur at an event Mumbai: Adani Group Chairman Gautam Adani at an event in Mumbai recalled his long journey as an entrepreneur and shared lessons learned from challenges that he faced along the way. Mr Adani said he worked for four years in the…
Read More “Gautam Adani On 5 Principles Of Success, And Challenges He Faced” »
The Adani Group will invest about ₹75,000 crore in Madhya Pradesh, including ₹5,000 crore in building the Mahakal Expressway between Ujjain and Bhopal, Pranav Adani, its Managing Director (Agro, Oil and Gas) and Director of Adani Enterprises, said on Friday. Mr. Adani made the announcement on the first day of a two-day investor summit, Invest…
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Adani Power Limited’s bank loan facilities were rated ‘A’ with a stable outlook earlier. | Photo Credit: Photo Credit: X/@CRISILLimited Crisil Ratings has upgraded its ratings on Adani Power Limited’s (APL) ₹38,000 crore of bank loan facilities to ‘AA-‘, saying the business and financial risk profile of the company has seen “strong improvement”. The loan…
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This is not the first time that the BJP has brought up Adani Group projects in Congress-ruled areas. New Delhi: Alleging that Congress MLAs in his constituency are taking money from, and promoting, Adani Group companies, BJP MP Nishikant Dubey on Saturday wondered whether the party’s opposition to the group was a form of extortion…
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Representational image only. | Photo Credit: Reuters Adani Cement, through Endeavour Trade and Investment Limited, has announced the completion of its refinancing programme for acquisition of debt taken for Ambuja and ACC, through a $3.5 billion financing package, raised from a clutch of international banks. “This facility will result in an overall cost saving of $300 million…
Read More “Adani Cement refinances $3.5 billion debt from 10 international banks” »
