Page 52 - Adani Group

Adani may join telecom spectrum race, compete with Reliance Jio, Airtel, Vi

The telecom department's upcoming auction includes the coveted 5G band needed for high-speed internet connectivity

Adani planning to enter telecom spectrum race; to face Jio, Airtel: Report

If the Adani group participates in the 5G auction on July 26, it will be the first direct competition with Ambani

India's deal street hits all-time high of $130 bn in H1CY22 on mega mergers

The mega USD 60-billion merger of the HDFC twins, USD 10.5-billion Adani-Holcim deal along with USD 2.7-billion LIC share sale in the June quarter pushed the deal market to an all-time high of USD 130.3 billion in the first half of 2022, a report said on Wednesday. Deals worth USD 130.3 billion was more than double than the value recorded in the year-ago period, making it the highest semi-annual period since records began in 1980, according to the data tabulated by Refinitiv, an LSEG business. The April-June quarter of 2022 saw the strongest deal making activity, pushing the total deal value to a record USD 130.3 billion in the first half of the year, which is more than double of the year-ago period and sets an all-time semi-annual record by value and number of announced deals since 1980, the report said. The report attributes the numbers to the significant growth opportunities in the overall market and domestic consolidations bolstering Mergers and Acquisitions (M&As), which was .

AEL lowest bidder in CIL's maiden import tender, miner may negotiate price

Adani Enterprises has emerged as the lowest bidder in Coal India's tender for imports of the dry fuel with quoting over Rs 4,000 crore for supply of 2.416 million tonne, sources said

Bull run on Dalal Street continues for Reliance, Adani Group companies

The combined m-cap of the six Adani Group companies is up 39 per cent year-to-date to Rs 13.38 trillion on Thursday

Maharashtra signs MoU with Adani Energy for 11000 MW power generation

The Maharashtra government's Energy department on Tuesday signed a Memorandum of Understanding with Adani Green Energy Group Ltd (AGEL) to generate 11000 MW green power in the next five years. It would entail an investment of Rs 60,000 crore and provide employment to 30,000 persons, a statement from the government said. According to the agreement, AGEL will set up Pumped Storage Projects (PSP) in the next four to five years, through which about 11,000 MW power will be generated, said a statement issued by the state energy department. The state will reap many benefits from PSPs which will generate or store electricity with the help of non-conventional energy sources, it said, adding that they will be especially useful for immediate power generation in case of shortage. The MoU was signed by Narayan Karad, Deputy Secretary, Department of Energy, Maharashtra and Ajit Barodia, Senior Vice President, Adani Industries Group. Under secretary Nanasaheb Dhone and Associate Vice-President o

Adani, LG among 15 firms chosen by DPIIT for round-2 of white goods PLI

Rs 1,368 cr committed for manufacturing ACs and LED light components; Total production pegged at Rs 25,583 crore over five years, with 4,000 direct job opportunities

Adani, L&T among 18 firms to show interest in BSES smart meter tender

With 5 million meters, this is the largest tender in the country

Haryana cabinet gives nod to supplementary PPA agreement with Adani Power

The Haryana Cabinet here on Monday gave approval regarding signing of a supplementary power purchase agreement with Adani Power after it stopped supply of power due to rising prices of imported coal.

Adani, Ambani make Rs 1.68 trn investment pledge in Rajasthan: Report

Under the 'Invest Rajasthan' outreach programme, Rajasthan received the biggest investment pledges from Gautam Adani-led Adani Group and the Mukesh Ambani-chaired Reliance Industries Ltd

Top headlines: Fantasy games may be taxed at 28%, input tax credit & more

The exposure of debt mutual fund (MF) schemes to certificates of deposit (CDs) issued by banks has more than doubled in the past year

SBI, other PSU banks commit Rs 6,071 cr to Adani Group for copper business

Kutch Copper, a subsidiary of Adani Enterprises, is setting up a greenfield copper refinery project for production of refined copper with 1 million tonnes per annum in two phases

Andhra cabinet approves 3,700 MW Adani Green Energy projects in 4 locations

Adani came forward to set up these plants at a cost of Rs 15,376 crore in four phases and provide employment to 4,000 people, according to the Chief Minister's Office

To mark Adani's 60th birthday, family pledges Rs 60K cr to charities

The corpus will be administered by the Adani Foundation

Gautam Adani and his family pledge to donate Rs 60,000 cr for social causes

Donation to be utilised in healthcare, education, and skill development

Adani among 11 bidders in race for CIL's Rs 3,100-cr coal import tender

Apart from Adani, the other two names disclosed by CIL from its pre-bid meetings were contenders in the NTPC tender as well.

Protest held in Sri Lankan capital against proposed wind project by Adani

The 500 MW wind mill project caused much storm after last week's parliamentary oversight committee proceedings

Adani Transmission's $700-mn revolving facility gets 'green loan' tag

Adani Transmission Limited (ATL) on Wednesday said its $700 million revolving loan facility has been tagged as 'green loan' by Sustainalytics

Adani Group fastest in valuation growth at 88%, Ambani's RIL up 13%: Report

Tata Consultancy Services came second at Rs 12.97 lakh crore despite a 0.9 per cent decline in value, and was followed by HDFC Bank, Infosys and ICICI Bank

Lanka electricity chief quits after withdrawing remark on Adani Group deal

The resignation of MMC Ferdinando, the chairman of state-owned power entity Ceylon Electricity Board (CEB), has been accepted, energy minister Kanchana Wijesekara said on Monday.