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Among its renewable energy projects, the Adani group's massive planned investments in green hydrogen would be the easiest to scale back given the government's benign targets
The projects need cash, and Adani could well face serious shortfalls. Whether the govt bails them out by giving money or takes them over is a billion-dollar question
Whether the Opposition is successful or not in getting a JPC to inquire into the allegations against the Adani Group, it will not fail to use the issue in public as well as in Parliament
Indian tycoon Gautam Adani's ports-to-energy conglomerate will set up an artificial intelligence lab in Tel Aviv as it looks to leverage on a USD 1.2 billion Haifa port deal to make more investments in Israel. Adani, whose business empire was rocked by allegations of fraud by US short seller Hindenburg Research, appeared alongside Israeli Prime Minister Benjamin Netanyahu for signing of the deal to takeover Haifa Port in Israel, and spoke of investment opportunities. He did not make any mention of the row that has already wiped out over USD 70 billion in value from his group stocks. Adani, 60, said his group will also develop real estate at the port to transform the Haifa skyline. "We have initiated several dozen technology relationships wherein we have offered the entire Adani portfolio of companies to be a giant sandbox for us to learn together," he said in his speech. "We are also in the process of setting up an Artificial Intelligence lab in Tel Aviv which will work in close ..
DLF and Shree Naman Developers were the other two bidders
Billionaire Gautam Adani's group has attracted a lot of scrutiny over its debt-heavy balance sheet and not enough appreciation of its cash-flow generation ability, according to M&G Investments
Two entities of Adani Enterprises Ltd -- Adani Road GRICL Limited (ARGL) and Adani Road Stpl Ltd (ARSL) - will together raise upto Rs 800 crore through non-convertible debentures (NCDs)
The group has earmarked 70 per cent of its new investments for energy transition space and infrastructure. "We are already the world's largest solar player, and we intend to do far more
Analysts say AEL meets all requirements to make it to the benchmark index. Inclusion will be a big boost for the stock, resulting in passive inflows of $183 million
Consolidated net profit in July-September was at Rs 120.06 crore, or Rs 1.09 per share, compared with Rs 50.66 crore, or Rs 0.46 per share, profit after tax (PAT) in the same period a year back
Adani Group had approached the high court in September seeking execution of its agreement with Bid Services Division Mauritius ('Bidvest'), for sale of Bidvest's 13.5% stake in the airport to Adani
Annual construction spending in the resources sector peaked at A$36.6 billion in Queensland in 2013-14
As the Northern Australia Infrastructure Facility (NAIF) loan doesn't need state approval (but rather explicit veto) it could also mean the money will make its way to Adani
The 388-km rail line will connect the coal mine to the seaport
Adani will start work on its Carmichael coal project in Australia in October