Adani Power Q4 net plunges 71.72% to Rs 715.05 cr

Last Updated: Monday, May 11, 2015, 19:45

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.

Adani Power completes acquisition of Lanco Infra's Udupi plant

Last Updated: Tuesday, April 21, 2015, 15:19

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.

Adani project faces fresh trouble by Australian aboriginals

Last Updated: Wednesday, April 15, 2015, 16:58

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.

Adani Enterprises appoints Pranav Adani as Additional Director

Last Updated: Wednesday, April 1, 2015, 14:49

Pranav, nephew of Adani Group founder and chairman Gautam Adani, is currently heading the group's agro business as Managing Director of Adani Wilmar.

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

Last Updated: Friday, March 13, 2015, 21:58

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".

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

Last Updated: Friday, March 13, 2015, 17:27

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.

Queensland govt clears Adani, GVK projects in Australia

Last Updated: Wednesday, March 11, 2015, 12:39

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.

Adani, GVK win Australian state backing to expand coal port

Last Updated: Wednesday, March 11, 2015, 09:34

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.

Adani in talks with buyers to sell coal from Australian mines

Last Updated: Monday, March 9, 2015, 13:03

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.

Adani to go ahead with projects in Australia despite govt change

Last Updated: Thursday, February 5, 2015, 17:48

In a statement, Adani Group said that the election result does not influence the company's financial decision making.

Adani Ports Q3 net up 14% at Rs 512 cr

Last Updated: Wednesday, January 28, 2015, 18:39

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.

Adani Powers posts Rs 429 crore quarterly loss

Last Updated: Wednesday, January 28, 2015, 18:26

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.