Barring a few, all privately-owned thermal power units, roughly about 40,000 Mw, constructed over the past decade were built using Chinese equipment.
India's economic growth slipped to 4.2 per cent in 2019-20 fiscal (April 2019 to March 2020) -- its slowest pace in more than a decade
The conglomerate has so far maintained a strategy to incubate a business and monetize it through public listing at a later stage.
Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market
The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.
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
Lower expenses drive profit number; firm had incurred a loss in the same period a year ago
Lower expenses drive profit number; firm had incurred a loss in the same period a year ago
The Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are also expected to submit their EoIs. The deadline of submitting the EoI is March 17
Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs
Firm has already brought in a nominee of the French oil major on its board
The group would invest 70 per cent of its capital expenditure in clean energy and energy efficient systems, declared chairman Gautam Adani
The Adani Group chairman said the age of renewable energy has dawned upon the world faster than most could have anticipated
Richest Indian Mukesh Ambani, Tata group patriarch Ratan Tata, telecom czar Sunil Bharti Mittal, billionaire Gautam Adani, Mahindra Group chairman Anand Mahindra were among those who attended
The investigation is part of a larger probe by the revenue department for over-invoicing of imported coal and power plant equipment by several Indian electricity producers
Sebi, in its October 2017 report on corporate governance, said listed firms should have a different person heading the management and another in place as chairman of the board
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 deal will be the largest foreign direct investment in India's city gas distribution
Overall, the total wealth of the tycoons on the 2019 Forbes India Rich List shrank 8 per cent to $452 bn from a year ago
The report identified 953 names, which meet their minimum net worth criteria of Rs 1,000 crore