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.

PNGRB invites licence bids for retailing CNG, piped gas

Last Updated: Tuesday, February 24, 2015, 17:33

Oil regulator PNGRB has invited bids for issuing licences for retailing CNG and piped cooking gas in 20 cities like Haridwar and Aligarh.

SBI to soon take call on Adani's $1 billion loan for Australian project

Last Updated: Tuesday, February 17, 2015, 15:46

State Bank of India is in the process of completing the due diligence for the controversial USD 1 billion (Rs 6,200 crore) loan to Adani Group for its Australian mining project and take a final call on it soon.

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 Enterprises soars nearly 10%; hits 52-week high in intra-day

Last Updated: Friday, January 30, 2015, 22:50

Shares of Adani Enterprises surged nearly 10 percent Friday after diversified Adani group announced demerger of all ports and power assets into two already listed firms.

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.

Adani to invest Rs 20,000 crore in Gujarat ports in next 5 years

Last Updated: Monday, January 12, 2015, 18:59

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.

Adani, SunEdison to invest Rs 25,000 cr in Gujrat

Last Updated: Sunday, January 11, 2015, 21:41

Adani Enterprises and US-based SunEdison will invest about Rs 25,000 crore to set up a solar park in Gujarat that will create 20,000 new jobs.

Adani Group, Woodside sign pact on LNG sourcing and marketing

Last Updated: Sunday, January 11, 2015, 19:01

Business conglomerate Adani Group has signed an agreement with Australian energy major Woodside for sourcing of LNG as well as cooperation in oil and gas exploration and production.