The conglomerate has so far maintained a strategy to incubate a business and monetize it through public listing at a later stage.
Snowman Logistics stock is down 35% since deal was announced last December; valuation also hit by Rs 13 cr loss reported by company in first nine months of FY20
Firm posts pre-tax loss of Rs 13.89 crore in Q4 of FY20, has laid out capex of Rs 10,000 cr for FY21
Sebi has also introduced limits on open positions for going short or long in index derivatives
Bharatmala Pariyojana is a government-sponsored and funded road and highways project
An arbitration which was caught in legal knots for 12 years will start now after the Division Bench of the Bombay high court set aside the order of the single judge bench.
Having won bids, AEL had also set up a subsidiary Adani Airports Ltd which would operate, manage and develop the airports
The stock rallied for the ninth straight day, up 17 per cent, against 3 per cent rise in the S&P BSE Sensex during the period.
Commenting on the results, group chairman Gautam Adani said that the company continues to focus on incubating assets in transportation and utilities space
Today, a total of 126 companies, including Adani Enterprises, Berger Paints, Cipla, and Indiabulls Housing, are scheduled to announce their December quarter results
Other Adani Group stocks also declined in intra-day trade today. Adani Enterprises (down 5 per cent to Rs 219), Adani Green Energy (down 5 per cent to Rs 183), Adani power (down 1 per cent)
The company further said that it is a preliminary investigation report only and added that it shall respond to the same and shall also put forth the factual position to the authority.
The CBI alleged that acts of "omission and commission" by the NCCF officers disclose that they acted in "a manner as unbecoming of public servants" and conspired with the company
The matter dates back to 2010, when Andhra Pradesh Power Generation Corporation had floated a tender for the supply of 600,000 metric tonnes of coal
The case pertains to probe that was initiated by the DRI against a few Adani group firms for alleged overvaluation of coal imports from Indonesia between 2011 and 2015
Till 11,950 is held on the Nifty, one can maintain the long positions however if it breaks one has to reverse the longs to shorts
Jewar airport at its full capacity is projected to cater to over 70 million passengers per annum with six runways and will be competitor to GMR- owned DIAL
The financial bid will be opened on November 29 at 3 pm at NIAL's office in Greater Noida and the concessionaire for the Rs 29,560-crore project would be finalised
The flagship company of Adani Group had seen a profit before tax of Rs 29 lakh in the corresponding quarter of previous fiscal 2018-19
The first phase of the airport would be spread over 1,334 hectare and cost Rs 4,588 crore as it is expected to be completed by 2023