This will add to the woes of the conglomerate that had received a show-cause notice from the Directorate of Revenue Intelligence (DRI) last week for alleged over-valuation of imported machinery by Rs 2,000 crore.
The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.
'Kindly advise about the following stocks. Can I hold or exit?'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Stocks of three listed firms of Gujarat-based Adani Group on Friday ended as much as 6 per cent higher on the clear mandate given by voters to the BJP-led NDA.
Rupee breaching the 58 to a dollar will negatively impact companies like Adani Power and Tata Power.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Five states -- Maharashtra, Haryana, Rajasthan, Punjab and Gujarat -- face a massive power crisis.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The company proposed to move site for supply to Gujarat from Korba to coastal Mundra within 10 days of signing PPA.
Rapping the government for its failure to timely implement the competitive bidding mechanism for allocation of coal blocks, CAG on Friday said part of the Rs 1.86 lakh crore loss could have been partially tapped had the procedure been put in place earlier.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.
Adani says the company would have a generation capacity of 6,000 Mw by 2011-12.
As power generation across northern and western India bore the brunt of the coal scarcity, spot prices at IEX rose to Rs 10.8 a unit during August 25-27, compared with Rs 8.7 a unit on August 22.
The government's move is crucial as the state distribution utility MahaVitaran was purchasing about 95 per cent of power since the Dabhol project began generation in April 2006
In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route.
Reliance Infra claims the run by the market operator has caused a loss of Rs. 300,000 crore to infrastructure stocks.
Will get Rs 830 cr, Rs 329 cr respectively to offset higher coal costs
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
There where nearly 15 guests staying in the hotel at the time of the mishap.
Earlier bidders in the SHAKTI auction were finding it difficult to meet their PPA obligations owing to shortfall in coal supply. The industry lobby has urged the Centre to review the guidelines and allow former participants as well.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The stock jumped 12.9 per cent to Rs 95.80 at Bombay Stock Exchange.
The revival of the initial public offer market has prompted brokerages to re-start margin funding, a process by which they finance high net worth clients to subscribe to new issues.
Power generation and distribution is the most indebted sector
As per financial service major Credit Suisse's India market strategy report, a host of companies, including Aditya Bira Nuvo, Bajaj Hindusthan, Adani Power, are planning to tap the capital markets in the coming months through various routes, including private placement and preferential allotments. The report advised investors, who are confident of the political outcome and global rally, to pick from the list of companies about to finish funding.
3i is a global private equity fund based out of UK and invests across buyouts, growth capital and infrastructure deals. It has a $1.2 billion India dedicated infrastructure fund which has made investments in Soma Enterprises and Adani Power.
Only a seasoned investor, who is clued on and has the resources to hold on or pay back the broker, should take such chances.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bid date for Allahabad project postponed on fears of higher tariff quotes.
.jpg)
Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Adani group has begun the spadework to come up with a mega initial public offering (IPO) aiming to raise about Rs 5,000 crore (Rs 50 billion) for setting up a power generation capacity of close to 10,000 megawatt in next five years. The company is chalking out investments plans for generating 1,320 mw power in Rajasthan and 2,000 mw at Dahej in Gujarat by 2012.
Adani is the fastest growing energy company in Asia-Pacific and the second fastest in the world
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
Richest 10 account for 41% of promoter wealth, up from 33% in December 2018, says Krishna Kant.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances