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Wednesday, April 01, 2020

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ADANI GROUP NEWS

Adani mulls bidding for Air India

February 25, 2020 3:16 pm

If Adani bids, it will join likes of Tata Group, Hindujas, IndiGo and New York-based fund Interups who are said to be considering putting in an expression of interest (EoI) at the close of the bid deadline next month.

Rs 45k-crore submarine project: Mazagon Dock, L&T in, Adani out

January 22, 2020 3:14 pm

The Adani Group, which had bid in partnership with the public sector Hindustan Shipyard Limited, was not selected since it did not fulfill the requisite criteria, sources in Defence Ministry and the Indian Navy said.

CBI books Adani company for fraud in coal supply contract

January 17, 2020 2:54 am

The AEL has been named in the CBI FIR along with three top officials of National Cooperative Consumers' Federation of India Ltd (NCCF), a government-owned cooperative society, and unknown public servants for alleged corruption.

Court overturns clean chit to Adanis in share-rigging case

January 10, 2020 6:54 am

ASJ says magistrate erred, probe prima facie establishes unlawful gain charge

‘Overvaluation of coal imports’: Supreme Court revives probe against Adani firm

January 09, 2020 1:18 am

A Bench of Chief Justice of India S A Bobde and Justices B R Gavai and Surya Kant stayed the order after Solicitor General Tushar Mehta submitted it would govern all DRI investigations.

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.