Last Updated: Friday, September 11, 2015, 18:20
After acquiring Udupi Power Corporation Ltd from Lanco Infratech in April, Adani Group is now set to expand the plant's capacity by 1600 MW, which is estimated to cost over Rs 9,000 crore.
Last Updated: Thursday, September 3, 2015, 11:08
The group is also evaluating options to set up a greenfield shipyard in Gujarat, besides leveraging its significant land holding for a defence manufacturing park.
Last Updated: Monday, August 24, 2015, 19:21
Adani Enterprises, the flagship firm of Adani Group, has inked a pact with the Chhattisgarh government to invest over Rs 25,000 crore for setting up urea and power project as well as rice bran oil extraction plant in the state.
Last Updated: Monday, August 24, 2015, 18:59
Adani Group said on Monday it would invest 250 billion rupees ($3.75 billion) in a coal gasification project.
Last Updated: Wednesday, August 19, 2015, 22:02
Adani Group is in talks with Japan`s Softbank and Foxconn, maker of Apple`s iPhone, to secure investment in a $3 billion project to make solar cells and panels in the country, two sources with knowledge of the matter said.
Last Updated: Wednesday, August 12, 2015, 22:49
Three Adani Group firms -- Adani Power, Adani Enterprises and APSEZ -- have received approval of shareholders to raise up to Rs 26,000 crore to expand business operations and manage capital expenditure.
Last Updated: Wednesday, August 12, 2015, 15:52
Adani Power has got shareholders' approval to raise up to Rs 10,000 crore through issuance of shares, bonds or other securities, including for investments in various businesses.
Last Updated: Tuesday, August 11, 2015, 17:07
For the April-June 2015 quarter, consolidated revenue fell by 9 per cent to Rs 11,275 crore from an adjusted 12,429 crore in the same quarter of 2014-15 fiscal, it added.
Last Updated: Wednesday, August 5, 2015, 11:00
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.
Last Updated: Tuesday, August 4, 2015, 20:12
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.
Last Updated: Tuesday, July 28, 2015, 12:42
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.
Last Updated: Wednesday, July 22, 2015, 23:44
Adani Group's 16.5 billion dollar coal mine project in Australia has hit another controversy after reports that the Indian mining giant suspended two major contractors, raising fresh speculation over funding even as the company blamed the move on delay in government approvals.
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