Billionaire Gautam Adani's group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after US indictment on bribery charges, saying it had not entered into any binding agreement to operate Kenya's main airport. On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any disclosure on its cancellation.
Kenyan authorities are questioning a British national arrested at Nairobi airport as he tried to board a Turkish Airlines soon after an upmarket mall was besieged by militants in that country's capital.
Out of the ten prime plots purchased by this joint venture, Delta Corp East Africa Limited (in which RIL holds 58.8 per cent stake) has completed construction of at least one low-cost residential complex
President Pranab Mukherjee on Monday expressed concern over a string of alleged attacks on Africans in the country, saying it would be most unfortunate if the people of India were to "dilute our long tradition of friendship with the people of Africa".
The debate on Sardar Patel's legacy is less about the Sardar and more about the acute sense of threat felt by the Delhi establishment at the rise of Narendra Modi and questions he has raised about the disproportionate share of credit given to a single family, says Colonel (retd) Anil Athale.
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