Adani to expand capacity of Udupi power plant by 1600 MW

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.

Adani loses key customer for Carmichael mine in Australia

Last Updated: Thursday, September 3, 2015, 12:21

LG issued a statement yesterday saying, "The LoI concluded by and between LG International Corp and Adani Mining Pty Ltd was non-binding and is invalid as of July 21, 2015 in accordance with the expiration of the LOI".

Adani Group seeks licence to manufacture warships

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.

Adani Enterprises to invest Rs 25,000 crore in Chhattisgarh

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.

Adani Group to invest $3.75 bn in coal gasification project

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.

Adani Group in talks with Softbank, Foxconn on $3 billion solar plan

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.

Adani Group firms get nod to raise up to Rs 26,000 crore

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.

Adani Power gets shareholders' nod to raise Rs 10,000 crore

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.

Adani Enterprises Q1 net jumps 43% to Rs 380 cr

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.

Adani hits out at activists after Standard Chartered exit

Last Updated: Tuesday, August 11, 2015, 15:44

Indian firm Adani Tuesday accused environmental activists of exploiting legal loopholes to stall a massive Australian coal mine, after Standard Chartered bank withdrew as a financial adviser to the project.

Adani's mine project: India conveys disappointment to Australia

Last Updated: Tuesday, August 11, 2015, 15:11

India has conveyed its disappointment to Australia over the derailing of mining giant Adani's controversial 16.5 billion dollar project in Queensland on issues relating to environment.