Page 60 - Adani Group

Adani to invest $70 bn in renewable energy, produce cheapest hydrogen

Billionaire Gautam Adani said his logistics-to-energy conglomerate will invest $70 billion over the next decade to become the world's largest renewable energy company and produce the cheapest hydrogen

Adani Enterprises hits 5-month high; shares surge 21% in 8 days

Shares of Adani Enterprises were trading at their highest level since June 4, 2021

Adani Group firms AGEL, ATL declare energy compact goals as part of COP26

Adani Green Energy Ltd and Adani Transmission Ltd have declared their energy compact goals

Adani Electricity to meet 30% of Mumbai power demand via renewable sources

The company has linked these targets with financial penalty for non-achievement under its recent issuance of US Dollar denominated Bond to international investors, demonstrating commitment

6 brownfield Adani airports could help AAI make Rs 650 crore annually

The Adanis have already signed up concession agreements from late December 2020 to run the airports

Cheap funding, govt sops power Indian firms' big bets on renewable energy

India is heavily dependent on imports, and local manufacturing capacities are inadequate. Several Indian companies are planning to plug this loophole

Stocks to Watch: IRCTC, HDFC, RIL, SCI, Tata Motors, Vedanta, Godrej Group

Plenty of stocks are set to react to September quarter earnings by corporate over the weekend this morning

Super app war: Adani, Tata and Reliance Industries go on acquisition spree

The conglomerates are planning to offer personal loans, travel bookings, and movie tickets to create a consolidated digital platform that will support their existing offline businesses, say bankers

Adani Group buys minority stake in online travel aggregator Cleartrip

The deal is expected to close in November, subject to customary closing conditions

Adani Group to invest in Cleartrip, deepens strategic ties with Flipkart

As part of this investment, the Adani Group will acquire a significant minority stake in Cleartrip. The companies didn't reveal the value of the transaction

Adani Power reports Rs 230 crore loss for September quarter

Its consolidated net profit had stood at Rs 2,228.05 crore in the quarter ended September 30, 2020

Adani Total Gas second quarter profit up 17% on higher gas sales

Revenue from operations was up 56 per cent at Rs 687 crore.

Gautam Adani meets Sri Lankan President Rajapaksa, eyes green investments

Experts see firm's WCT deal as India's move to contain China in the region

Adani Green Energy subsidiary bags 450 MW wind energy project

Adani Renewable Energy Holding Fifteen has received a letter of award (LOA) for setting up the project.

At Trivandrum airport, Adani Group to carry on royal legacy

The company will continue to celebrate the biannual Arattu procession from the temple, which is an "ode to the rich legacy of the Travancore Royal family"

Adani Group commits 70% capex until 2030 to energy transition

Adani is incubating the first Indian data center company that will power all its data centers by renewable power by 2030.

Adani Group takes over Thiruvananthapuram airport; MP hopes for the best

Congress MP Shashi Tharoor on Friday said he was hoping for the best after the Adani Group took over the operation and management of the Thiruvananthapuram international Airport

Adani Group takes over Thiruvananthapuram International Airport

The Adani Group has taken over the operation, management and development of the international airport in Thiruvananthapuram, saying it is now a Gateway to Goodness. Announcing the formal takeover of the airport, the business giant said in a tweet that it was privileged to serve and welcome passengers to God's Own Country. "Connecting lives with cherished travel experiences, we are pleased to share that #ThiruvananthapuramAirport is now a #GatewayToGoodness. We are privileged to serve and welcome passengers to God's Own Country filled with lush greenery, beautiful beaches, and exquisite cuisine", the group said in the tweet, both in English and Malayalam, past midnight on Thursday. The group took over the operations of the airport despite protest by both ruling LDF and opposition UDF against handing it over to private players. Last year, the Kerala Assembly had unanimously passed a resolution protesting the privatisation of the airport. Kerala Chief Minister Pinarayi Vijayan had ..

Power crisis: Lessons for India from China's power policy changes

India, which too is in a coal and power crisis, has lessons to learn from this since domestic coal shortage is not the only cause for concern for its power generation sector

Adani Group takes over management of Jaipur International Airport

The airport has been leased out to the group by the government of India for a period of 50 year