The deal marks a culmination of Adani Group's two-year quest to acquire a stake and gain control of the Mumbai airport.
Increased expenses, loss in comprehensive other income hit company's profits
Adani Enterprises on Wednesday reported a 10.39 per cent fall in its consolidated profit to Rs 343.17 crore for the third quarter ended December 2020.
Ramdev, partner see biggest jump in wealth in percentage terms
Adani terms the charge 'baseless', says the company has adhered to the terms of agreement
Officials from New York-based BlackRock Inc. and Norway's Storebrand ASA have contacted the State Bank of India, which is majority-owned by the Indian government, about the loan.
Unlike Air India, the winning bidder for BPCL can easily bank on this revenue churner to recover the cost of acquisition
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The company is likely to submit a revised bid in the next couple of days, said people in the know
Adani Enterprises won Gondulpara coal mine in Jharkhand on the sixth day of commercial mining auction
The rebrand comes as the miner readies to ship out its first coal next year in the face of years of vocal opposition from climate change activists
At least Rs 35,000 crore would be for the airport business and the rest on roads, data centres and other ventures.
In Q2FY21, consolidated EBIDTA for the quarter increased by a healthy 76 per cent to Rs 951 crore.
The momentum indicator RSI has reversed from its oversold territory and breached its falling trend line on the daily scale in Adani Enterprises
The company said it has allotted 1,250 NCDs.
Zurich airport will invest Rs 4,666 crore in the first phase of the project
Govt plan for privatisation has flaws
The vision to build India, he said, enabled Adani Group to enter sectors facing critical demand gaps and growth through expansion into adjacent sectors
Facing criticism that privatising profit-making airports is saddling the AAI with economically unviable airports and fostering monopoly in the sector, the Centre is planning to rewrite policy
The Rail Land Development Authority (RLDA) has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub