The company, without disclosing the name of the buyer, said 'the buyer does not belong to the promoter/promoter group/ group companies'
We have a mine in Indonesia, and we are looking for more options there: Rajendra Singh,
The country is pricing the entrepreneurial genius of Gautam Adani and his capacity to grow existing businesses
Adani Enterprises Ltd (AEL) has a renewable energy portfolio of 2,148 MW in India
It would look to sell a minority stake in the project to help raise funds
The group has no option but to go ahead with the project even as tide turns against coal globally
In the past one year, the scrip rallied 63.2% against just 17% gains in Sensex
State govt ruled out use of public money to subsidise the controversial project
Adani said its board had deferred a final investment decision that had been expected by end of May
Queensland state government has not yet signed off on a royalty deal for the mine
Victims include members of Adani 'family' who work at its Abbot Point bulk coal loading facility
The government's aim of reducing coal import and improving domestic production could pinch the plan of Adani Enterprises, one of the country's largest importers of the fuel.Some early signs are already showing. Analysts are also sceptical of the company's mining and trading targets for the year 2020.Part of the Adani Group's 'Year 2020' vision is to achieve a mining and trading volume of 200 million tonnes by then. These were set when the government had not declared an intention to cut import and Coal India, the state-owned near-monopolistic producer in the country, was lagging.There has since been a change, with a ramp-up of volumes at Coal India, in turn reducing the country's import. India is expected to import 160.2 million tonnes (mt) in the current financial year (April 2016-March 2017), down 20 per cent from a year before.According to data in the company's presentations and annual reports, its coal trading volume for 2015-2016 was 78 mt. The management expects 80 mt this ...
Australian or overseas employers commonly use the 457 visa to sponsor skilled overseas workers to work in Australia temporarily.
We want to start construction in the middle of next year: Adani Enterprises CEO Janakaraj
Adani aims to develop renewable energy projects in Australia with a total capacity of 1,500 MW within the next five years
Forms joint venture where the flagship company of Adani Group will hold 51% stake
The Enterprises is preparing to start construction of a $7 billion coal mine in Australia in 2017 despite years of legal delays and rollercoaster coal prices
Adani Enterprises, which is the flagship company of Adani group, said shares were pledged on August 24 on account of loan of group company
However, total standalone income decreased to Rs 2,372 cr for June 2016 quarter from Rs 2,578 crore a year ago
The smelter is expected to cost Rs 10,000 crores