Collaboration will give Indian group access to latest know-how in 5G, cyber, AI
A nation-wide heatwave and broadening of the recovery in economic activity continued to drive electricity demand growth in the first quarter of FY23, the company said.
Adani Transmission Limited (ATL) on Wednesday reported a consolidated net profit after tax (PAT) of Rs 168.46 crore for the quarter ended June 30. The consolidated PAT of the company in the year-ago period stood at Rs 433.24 crore, according to a regulatory filing. The company's total income from operations was at Rs 3,249.74 crore in the first quarter of the current fiscal, and Rs 2,935.72 crore in the same period last year. Expenses were at Rs 3,582.59 crore as against Rs 2,380.14 crore earlier. In a separate statement, the company said "the consolidated profit after tax (PAT) in Q1FY23 ended lower y-o-y. It is not comparable due to Rs 288 crore one-off income (Rs 238 crore net-off tax) in Q1FY22 and adverse forex movement of Rs 185 crore in the current quarter." Anil Sardana, MD and CEO, Adani Transmission Ltd, said the company's pipeline of projects and recently operationalised assets will further strengthen its pan-India presence and consolidate position as the largest privat
Adani and Reliance Group are planning to set up 40-million tonne per annum (mtpa) plants in Uttar Pradesh and Gujarat, while Reliance Industries is still formalising the two locations
Stocks to Watch today: Uber has decided to put its entire 7.8 per cent stake in Zomato on the block, according to sources.
The Adani group announced its foray in industrial 5G space after acquiring 400 MHz of spectrum in the 5G airwaves auction that concluded on Monday
NTPC and Coal India had awarded import contracts to Adani
At 11:25 AM; with a market-cap of Rs 3.07 trillion Adani Enterprises stood at 18th position in the overall market-cap ranking among the BSE listed companies, the exchange data showed
Reliance, JSW, and Adani are among a growing list of names backing the contingent at Birmingham; some sponsorships will extend into Asian Games and Paris Olympics 2024
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Richest Indian Gautam Adani's group said the Rs 2.12 bn worth of spectrum it has bought in a millimetre wave band will be used to create a private network to support its businesses and data centres
The amount earned is far higher than what the government had anticipated and the most compared to the seven auctions since 2010
Ambani's Reliance Jio Infocomm Ltd. is the top player in India's mobile market, while the Adani Group doesn't even have a license to offer wireless telecommunications services
The Adani family is acquiring Ambuja and ACC with a capacity of 70 mtpa at a total cost of $10.5 billion, including the open offers to be made to the minority shareholders of the companies
Group leads the make India a net exporter of clean energy, says billionaire in speech to shareholders
Gautam Adani's wealth, on Thursday, stood at $115.7 billion, as compared to Bill Gates's $104.6 billion. In the last 24 hours, Adani has gained $337 million
The application for the PVC plant comes just days after Adani Group secured a loan worth Rs 6,071 crore for a new copper refinery at Mundra, on June 26
Coverage may improve as more funds start chasing the stock, say market experts
Unlisted firm Tata Power Renewables Energy plans to raise Rs 6,000 cr; Both Blackrock and Mubadala had invested $525 million this April for 10.5% stake
Four bidders together deposit Rs 21,800 crore as earnest money; Jio puts in Rs 14,000 crore