Page 15 - Adani

Adani rejects Hindenburg claims of $310 million fund freeze in Swiss banks

The Adani Group reiterated that its overseas holding structure is transparent, fully disclosed, and adheres to all applicable laws

Mahua Moitra files Lokpal complaint against Sebi Chief Buch over Adani ties

TMC parliamentarian Mahua Moitra's complaint points out alleged irregularities between Sebi Chairperson Madhabi Buch's statement to the Sebi board and the board's disclosure on the matter

Trumpeted 100-day agenda, but after 95 days, govt 'vacillating': Kharge

The fresh expose of the 'Modi-Adani mega scam' and the acts of omission and commission by the SEBI chairperson cannot be buried under the rug anymore, he said

Flights grounded at Kenya's main airport as workers protest over Adani deal

Hundreds of workers at Kenya's main international airport demonstrated on Wednesday against a planned deal between the government and India's Adani Group. Planes have remained grounded, with hundreds of passengers stranded at the airport. The government has said that the build-and-operate agreement with Adani Group would see the Jomo Kenyatta International Airport renovated, and an additional runway and terminal constructed, in exchange for the group running the airport for 30 years. Kenya Airport Workers Union, in announcing the strike, said that the deal would lead to job losses and inferior terms and conditions of service for those who will remain. Kenya Airways on Wednesday announced there would be flight delays and possible cancellations because of the ongoing strike at the airport, which serves Nairobi. Last week, airport workers had threatened to go on strike, but the plans were called off pending discussions with the government. The spotting of unknown people moving aroun

Adani Airports launches 'aviio' to give passengers real-time access data

Adani Airports Holdings Ltd, the Adani group firm that operates seven airports in the country, has launched 'aviio' digital platform to provide passengers real-time data on variety of airport accesses - from wait times to gate change and bags on belt. Aviio aspires to bring the aviation community together to collaborate and serve passengers better, a top official said. By enabling airport stakeholders to access real-time data, passengers can expect easier access to airport information in the form of updates related to security checks, wait times, gate change and bags on belt, among other aspects, he said. With this path-breaking initiative, AAHL, a subsidiary of Adani group's flagship Adani Enterprises Ltd, aims to serve the aviation community and set new standards for airport operations management and passenger experience. With seven operational airports in its stable, and one more expected to go live during the middle of 2025, this platform for B2B services has been conceptualise

Sebi chairperson's husband received money from M&M, alleges Congress

Automaker rejects allegations as 'false and misleading', says it didn't seek 'preferential treatment' from regulator

Elon Musk to turn trillionaire by 2027, Gautam Adani next in queue: Report

Elon Musk, with a current wealth of $237 billion and a growth rate of 110% annually, could become the world's first trillionaire by 2027, a new report has revealed

Investment worth $30 billion likely in semiconductor space in 4 years

This is about 6% of new investment in the sector globally

Israel's Tower Semiconductor, Adani plan $10 bn chip project in India

Semiconductor manufacturing marks the latest foray for billionaire Gautam Adani, whose conglomerate has businesses across ports, power utilities, transmission and coal trading

Maharashtra approves $ 10 bn semiconductor fab unit by Adani, Israeli firm

The project will have capacity to produce 80,000 wafers monthly and it will create 5,000, says Devendra Fadnavis

Tower-Adani JV to set up $10 bn semiconductor unit in Maharashtra: Fadnavis

The proposed semiconductor manufacturing plant, located in the Navi Mumbai suburbs in Raigad district, will have an initial capacity of 40,000 WSPM in the first phase, with an ultimate capacity of 80,

NGOs back Dharavi redevelopment survey, say opposition only by non-locals

Several non-government organisations working in Dharavi have pledged their support to the ongoing state government-led survey of informal tenants in Asia's biggest slum and accused non-locals of trying to stall redevelopment by spreading misinformation, according to letters they wrote to state government authorities. The NGOs have written to Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA), a government of Maharashtra body overseeing the USD 3-billion redevelopment project being executed by the Adani group, extending support for the survey. A total of eight NGOs and citizen welfare associations involved in diversified welfare activities ranging from health, education, women empowerment amongst others, met with DRPPL CEO and extended support of Dharavikars to the state-government-led survey currently being conducted in the area. While extending support to the survey, Noor Mohammed Khan of Global Giving Foundation and All India Police Jan Seva Sangathna asked the

Adani Ports acquires 80% stake in Astro Offshore for Rs 1,551 crore

Astro Offshore is a leading global OSV operator in the Middle East, India, Far East Asia, and Africa

Adani Enterprises to launch maiden public NCD issue worth Rs 800 crore

Adani Enterprises' first public issuance of secured, rated, listed, redeemable non-convertible debentures (NCDs) will be available for subscription from September 4-17

Adani Ports to set up 2 projects in MP with Rs 3,500 cr investment

Adani Group firm APSEZ on Wednesday announced setting up a 2 million tonne capacity cement grinding unit in Guna and a propellant production facility at Shivpuri in Madhya Pradesh with a total investment of Rs 3,500 crore. Adani Ports and Special Economic Zone Ltd (APSEZ) MD Karan Adani made the announcement at the Gwalior Regional Industry Conclave here. He said the unit in Shivpuri is strategically aligned with the Aatmanirbhar mission to transform India from a defence importer to a defence exporter. These two projects would create over 3,500 direct and indirect jobs. Referring to the investment made by Adani Group in Madhya Pradesh, he said "we have already invested Rs 18,250 crore and created 12,000 jobs. Gwalior is fast becoming a tourism hotspot and a pool of high-quality talent and also a key transportation and trade hub. These developments are making Gwalior one of India's emerging economic centers, attracting investments across sectors." The Adani defence facility at Gwali

Adani Enterprises' debut public bond sale may see strong demand: Bankers

The issue, which would be India's second-biggest for the current financial year, will open for subscription on Sept 4 with closing scheduled for Sept 17, according to an exchange filing

Adani's Dharavi slum revamp struggles to secure land in potential setback

The project, which aims to rehouse a million people, is a critical and high-profile project for Adani

Ambuja Cements share jump over 4% after multiple block deals

Adani family was likely to sell around 3 per cent stake in Ambuja Cements via block deals

Here's why Hindenburg 2.0 requires a different response from India

Supreme Court in New Delhi should consider bringing back the committee it had set up last year after the New York-based short seller's original report

SC assures doctors against adverse actions, Gautam Adani plans overhaul and more

In the Kolkata doctor’s rape and murder case hearing today, the Supreme Court urged doctors to resume work and assured no coercive action against them for peaceful protests.