How Adani vessel, 2 others stranded for days on a Bangladesh river
What was supposed to be the new gateway to the north east has encountered an unexpected glitch.
‘Expensive’ high PE stocks create wealth as D-Street chases growth
Analysts expect many of these performing counters to sustain their high va...
AAI recommends Centre to privatise 6 airports including Amritsar, Varanasi
The Airports Authority of India (AAI) has recommended the Centre t...
Zurich Airport bagging Jewar positive for sector: Crisil
The move comes amid the domestic passenger volume growing in single-digit in January-October period this year with a 4.5 per cent degrowth in March. The passenger traffic in the first 10 months of the year has grown on average a little over 3 per cent.
Zurich Airports win bid to build, operate Jewar airport for 40 years
Sources said that the company defeated all the other three bidders by far by offering a revenue share of Rs 400.97 per passenger to the authority. The GMR group-led Delhi International Airport Ltd offered to pay Rs 351 per passenger to the authority.
SBI refuses to fund Patanjali’s Ruchi Soya buyout on its own
As much as Rs 3,700 crore of the acquisition cost was supposed to have been funded by bank loans with Patanjali infusing Rs 600 crore from its own internal accruals. Bankers are also wary of funding the home-grown consumer goods company after rating downgrades by rating agencies Care and ICRA in October.
AAI unions to stage protest against airports privatisation
Last year, the government had decided to privatise airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati for operation, management and development through PPP model. The forum alleges that the government has "unilaterally" decided to privatise dozens of profit-making airports.
Minimum 100 petrol pumps, 5% in remote areas: India's new liberalised fuel retail policy
The government had last month relaxed norms for setting up petrol pumps.
Adani Green Energy CFO Ashish Garg resigns
Adani Green Energy, an Adani Group firm, is a renewable energy player.
5 low-rung stocks that doubled investor wealth on depressed D-Street this year
Some 23 other stocks delivered more than 50 per cent returns since the start of 2019.
Adani Group celebrates union of two diverse cultures separated by the Indian Ocean
‘Gondwana’ is the Adani group’s first tribute to innovation in confluence if two art inspired countries.
After sacking Gautam Thapar as chairman, CG Power seeks to remove him as promoter
Any association with Thapar will harm the interests of the company, says firm's annual report.
IOC, GAIL to pay Adani 5% more charge than their own LNG terminal: Dharmendra Pradhan
India's largest oil firm IOC, which recently commissioned a 5 million tonne liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu, as well as gas utility GAIL have "both technical and financial capability to develop their own LNG terminal," he told the Lok Sabha. The two firms have, however, hired capacity in Adani's under-construction LNG import terminal at Dhamra.
Essar Steel, Adani, GAIL, HPCL buy bulk of Reliance gas
Essar Steel picked up 2.25 million standard cubic meters per day or about half of the available volumes in the day long auction conducted on November 15. Gujarat State Petroleum Corp (GSPC) picked up 1.2 mmscmd while Adani Group, Mahanagar Gas Ltd and GAIL bought 0.3 mmscmd each, sources said. Hindustan Petroleum Corp Ltd (HPCL) bought 0.35 mmscmd.
Adani Power Q2 profit nosedives to Rs 4 crore
ADL's total expenses during the quarter were Rs 6,658.44 crore, compared with Rs 6,955.35 in the year-ago period.
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