Page 32 - Adani

Adani group rejigs airport business leadership, names execs for new roles

R K Jain, chief executive officer of Mumbai airport, has made the CEO of the group's airport division.

'Adani Group's listed entities crossed $100-bn m-cap in first week of FY22'

All Adani stocks generated returns over 100 percent in FY21- and the businesses ensured that the Group returned close to Rs 9,500 crore rupees to equity shareholders.

Best of BS Opinion: The credit push, post-Covid economy, and more

Here are the best of Business Standard's opinion pieces for Tuesday

Adani Group to add 5 Gw green energy a year for next decade, says chairman

In a letter to Adani Enterprises investors, Gautam Adani said group is in sync with India's goal of becoming world's top renewable players, group itself aims to be world's largest solar power producer

NSDL says no freeze on accounts of 3 FPIs holding Adani stocks: Report

Reports of a freeze on the accounts sent several Adani stocks plummeting earlier on Monday.

Flipkart partners Adani group to boost supply chain infrastructure

As part of this partnership, Adani Logistics will construct a 534,000 sq. ft. fulfilment centre in Mumbai that will be leased to Flipkart

Top headlines: RBI says economic 'revival unabated'; India markets do worst

Indian markets among worst performers globally to why NITI Aayog's Kant thinks privatising small PSUs first is not a good idea-here are top headlines this evening

Adani Welspun discovers gas in Mumbai offshore's Tapti-Daman sector

Adani Welspun Exploration Ltd (AWEL) on Monday announced its first-ever gas discovery in the NELP-VII block

Luxembourg's B Medical Systems signs MoU with Adani for vaccine cold chain

MoU includes erecting mfg units in both Mundra SEZ and domestic tariff area, providing logistics for Covid-19 transportation and creating 'Pharma Excellence Centres' at Adani airports across India

Opposition takes on Adani's Rs 53,400-crore project ahead of public hearing

Foresee ecological damage, loss of livelihood; company counters with claims of massive job generation and creation of infra crucial to nation's stated economic goals

Adani airports in Ahmedabad, Lucknow and Mangaluru get ACI accreditation

The evaluation process by ACI under the AHA programme is carried out after reviewing the evidence presented based on 118 checks

Adani Group's container terminal subsidiary raises $300 mn via dollar bonds

The issue witnessed participation from marquee investors with interests coming in from around 220 accounts and was oversubscribed by almost ten times

Can improve DHFL offer, forfeit deposit of those against recoveries: Adani

Piramal quoted Rs 23,500 crore only for the retail portfolio of DHFL while Hong Kong-based SC Lowy bid Rs 2,350 crore for SRA

Adani Gas acquires CGD network in Ludhiana, Jalandhar, Kutch (East)

All three areas have high volume potential in terms of demand over a period of ten years

US-based Oaktree offers Rs 20k-cr for DHFL, Piramal, Adani also in fray

Piramal offers Rs 15,000 cr for retail book, Adani offers Rs 3,000 cr for SRA, construction fin books

The Rs 16 question: How Kerala lost Thiruvananthapuram airport to Adani

While Adani's bid was almost thrice as much as GMR's, the Kerala govt's KSIDC would still have won the airport if it had quoted Rs 16 more. Sai Manish explains how

Top biz headlines: GDP shrinks 23.9%, Adani-GVK deal, JioFiber, and more

Here are the top business headlines on Tuesday

Moody's revises outlook on Adani Abbot Point Terminal's rating to stable

AAPT is part of an obligor group that has economic ownership of the Abbot Point Coal Terminal in North Queensland under a 99-year lease with the state-owned lessor

Adanis' Rs 650-crore offer for debt-ridden Dighi Port gets NCLT nod

The NCLT has approved Rs 650-crore resolution plan submitted by Adani Ports & Special Economic Zone (APSEZ) for debt-ridden Dighi Port, located south of Mumbai. The resolution came with a huge 79.2 per cent haircut to the lenders, as they had made a claim of Rs 3,098 crore. The successful bid will give the Adanis access to Maharashtra, where it had no presence, even though the group straddles the entire coastline of the country with 11 operational ports and an under-construction transshipment terminal at Vizhinjam in southern Kerala. It can be noted that Dighi Port was the first port to go for a bankruptcy in April 2018. The 16-member committee of creditors (CoC) led by Bank of India, which collectively have 99.68 per cent voting shares, has approved APSEZ's revised offer of an upfront cash payout of Rs 650 crore, the National Company Law Tribunal (NCLT) said in an order dated March 5. Dighi Port, promoted by industrialist Vijay Kalantri owes Rs 3,098 crore to the lenders. He had

Siemens will back controversial Australian coal project: CEO Joe Kaeser

The German company had said it would decide by Monday on its involvement in the project