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Saturday, December 14, 2019

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ADANI GROUP NEWS

Qatar wealth fund to buy 25% in Adani’s Mumbai power utility biz

December 12, 2019 5:21 am

ATL acquired the power generation, transmission and distribution business in Mumbai run by Anil Ambani-led Reliance Energy Ltd for Rs 13,801 crore, after securing regulatory approvals in 2018.

Zurich Airport wins bid to build airport at Uttar Pradesh’s Jewar

November 30, 2019 5:01 am

According to officials, the Switzerland-based company made the highest return per passenger financial bid, offering  Rs 400.97 premium per passenger (pax). Adani Enterprises placed a bid of Rs 361; DIAL of Rs 351 and Anchorage of Rs 205.

Bidvest’s MIAL stake sale: Bombay HC rejects Adani plea

November 07, 2019 4:36 am

The Adani Group and GVK Group have been engaged in a legal battle since March to buy out Bidvest’s stake in one of the world’s busiest airports.

Adani firms’ coal imports: DRI to move SC against High Court order

November 03, 2019 7:10 am

In an affidavit filed on November 1, the DRI said it “is considering to take appropriate legal remedies available to it and therefore is likely that SLP (special leave petition) would be filed with the honorable Supreme Court to claim appropriate reliefs”.

Adani Group inks MoU for $4-billion chemical venture

October 18, 2019 4:18 am

The partners are aiming to finalise the joint feasibility study by the end of the first quarter of 2020 and intend to start production in 2024.

Dushyant Dave writes to CJI alleging irregular listing of two Adani Group cases

August 17, 2019 11:38 am

Dave, in his 11-page letter written on Friday, has referred to the apex court's procedure of listing cases before vacation benches and alleged its violation in listing two particular cases, related to Adani Group, before a bench headed by Justice Arun Mishra.

Explained: Cabinet approves leasing of three airports, what does it mean

July 03, 2019 9:02 pm

In February, Adani group had won the bids to operate these airports for a period of 50 years after being the highest bidder for passenger fee payable to AAI.

Adani wins Queensland govt's approval to protect endangered finch bird at coal mine site

May 31, 2019 10:11 am

The victory for the Adani Group's long-delayed mega coal mine project came days after a surprise election win of Australia's pro-coal ruling coalition led by Prime Minister Scott Morrison.

Adani Group wins projects across coal, gas, highways in competitive bidding

April 21, 2019 2:24 pm

Sources close to the company said it is aggressively bidding for projects in logistics, mining, energy, construction and agro commodities to diversify the portfolio.