Pranav Adani's visit to the Singapore Grand Prix has intensified speculation about Formula 1's return to India. The Adani Group, which owns the Buddh International Circuit, is actively pursuing the revival of the Indian Grand Prix, with support from the Indian government. However, significant financial and logistical challenges, including tax clarity and substantial upgrade costs, must be overcome amidst increasing global competition for hosting races.
'Airport redevelopment plans should not, in themselves, result in the withdrawal, denial or reallocation of historical slots.'
US Secretary of State Marco Rubio visited Reliance Industries' Jamnagar refinery, a day after calling India a crude oil refining 'superpower', and met with top Indian business leaders Gautam Adani and N Chandrasekaran to advance bilateral ties in energy, trade, investment, and defence.
Adani Enterprises and US-based Jabil have signed a non-binding agreement to establish a 50:50 joint venture in India. This JV will manufacture artificial intelligence and data centre equipment, including AI racks, servers, storage, networking gear, and cooling systems, targeting both Indian and global markets. The collaboration aims to capitalise on India's accelerating data centre demand and the surging global investment in AI compute infrastructure.
The Airline Operators Committee has questioned the basis for shifting 33 per cent of international services to Navi Mumbai International Airport.
The Civil Aviation Ministry has requested Adani Airports to postpone the partial relocation of international flights from Mumbai to Navi Mumbai airport, a move initially proposed due to renovation of Mumbai's Terminal 1 and opposed by airlines. Discussions are underway to formulate a revised transition plan.
A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.
Gautam Adani and family have reclaimed the top spot on India's rich list, surpassing Mukesh Ambani, as the nation's billionaire population reached a record 391, according to the M3M Hurun India Rich List.
Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.
Indian benchmark indices Sensex and Nifty opened the special Muhurat trading session on a bullish note, marking the beginning of the Hindu calendar Samvat 2083, driven by buying in key blue-chip stocks.
Mumbai International Airport Ltd (MIAL), controlled by the Adani group, plans to unilaterally shift international flights to 14 destinations from Mumbai airport to Navi Mumbai airport if airlines do not voluntarily submit relocation plans. This move is part of MIAL's strategy to redevelop Mumbai airport's Terminal 1 due to safety concerns, aiming to temporarily shift 5 million passengers annually.
The Airports Authority of India has received a request for a waiver from contractual restrictions that prevent airport concessionaires and their group entities from holding equity in scheduled airlines, Minister of State for Civil Aviation Murlidhar Mohol confirmed in the Rajya Sabha. This comes amid reports of the Adani group's interest in the airline business, despite their denial.
Maharashtra Navnirman Sena (MNS) chief Raj Thackeray announced he deleted a documentary on Prime Minister Narendra Modi and industrialist Gautam Adani from his social media, citing a 'request' from the Mumbai Police Commissioner. This move follows legal notices issued to 24 'X' account holders who shared the same documentary. Thackeray also alleged that the Maharashtra government is handing over forest land to industrialist friends and plans to address a rally on this issue.
Civil Aviation Minister K Rammohan Naidu announced India's ambitious plans to become a global hub for civil aviation manufacturing, aiming to produce made-in-India civilian aircraft within two years. He highlighted the expansion of airport capacity to 800 million by 2029, the construction of 100 new airports and 200 heliports, and the success of the UDAN scheme in boosting regional air connectivity and first-time flyers. The minister also noted the growing ecosystem for aviation component manufacturing and partnerships with international players like Embraer and Adani Group.
Indian stock market benchmark indices Sensex and Nifty closed higher for the second consecutive day, driven by robust foreign fund inflows, better-than-expected Q2 corporate earnings, and a sustained moderation in crude oil prices.
Mumbai International Airport Ltd (MIAL) has informed airlines that it will not shift any international flights from Mumbai airport to Navi Mumbai airport until the end of the winter season in March next year, following discussions with the Airline Operators Committee.
Indian benchmark stock indices, Sensex and Nifty, rebounded significantly after a four-day losing streak, driven by value buying and strong performance in metal, telecommunication, and healthcare sectors.
Indian stock markets witnessed a significant rally, with the Sensex soaring 905 points and the Nifty topping 22,900, primarily driven by strong buying in banking and FMCG shares, coupled with easing crude oil prices and a US Fed rate pause.
Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, primarily driven by strong buying in Reliance Industries and sustained foreign fund inflows. Adani Ports also emerged as a significant gainer after reporting an 18 per cent rise in consolidated net profit. Track Sensex, Nifty on October 29.
Indian benchmark indices Sensex and Nifty extended their rally for the fifth consecutive day, driven by significant foreign institutional investor inflows and a dip in global crude oil prices, signalling a positive shift in market sentiment. Track Sensex, nifty on November 4, 2026.
Indian benchmark indices, the Sensex and Nifty, witnessed a significant rally, with the Sensex jumping 2,009 points and the Nifty surging 576 points. This surge is attributed to a sharp decline in crude oil prices, hopes for a resolution to the West Asia conflict, and the Democratic Party gaining control of the US Congress in the midterm elections.
Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) is undertaking a significant redevelopment of its ageing Terminal 1, commissioned in 1964, due to structural and safety concerns. This project aims to increase passenger-handling capacity and upgrade infrastructure. To facilitate construction, 11 international airlines will temporarily shift some services to the new Navi Mumbai International Airport (NMIA) from March 2027, while 39 major international carriers will continue operating from CSMIA's Terminal 2, ensuring minimal disruption to most international passenger traffic. The redeveloped Terminal 1 is targeted to be operational by March 2029.
Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.
IndiGo and Air India Group will progressively shift flights from Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) to the newly built Navi Mumbai International Airport (NMIA) starting from December. This phased transition, expected to complete by the 2027 summer aviation season, aims to ease capacity constraints at CSMIA, facilitate its Terminal 1 redevelopment, and establish a dual-airport system for Mumbai, enhancing connectivity and future growth.
The Adani Ahmedabad Marathon has been included in the World Athletics Global Calendar, making it an internationally recognised event where performances can contribute to World Athletics Rankings. This milestone highlights the marathon's growth and adherence to global standards, further boosting Ahmedabad's sporting profile ahead of the 2030 Commonwealth Games.
Indian stock markets extended their rally for the fifth consecutive day, with the Sensex climbing nearly 384 points to close above 77,000, driven by foreign fund inflows, easing crude oil prices, and improved global sentiment following the US midterm election results.
The Buddh International Circuit (BIC) recently hosted FIA-level racing for the first time in 13 years, sparking renewed discussions about a potential Formula 1 return to India. While organisers suggest 30-40% of the track needs revamping, drivers who competed praised its condition. The government is also exploring the feasibility, but significant financial investment and tax clarity are crucial for F1's comeback.
Reliance Industries chairman Mukesh Ambani has become the world's biggest billionaire wealth gainer, adding over USD 6 billion to his fortune in a single day, as shares of his flagship company surged following stronger-than-expected quarterly earnings.
The process agreed on Tuesday will require MIAL to first build stakeholder agreement on the transition before taking the plan through the regulatory approval process.
Speculation about a merger between the two factions of the Nationalist Congress Party (NCP) has intensified following a viral video of Praful Patel meeting NCP (SP) chief Sharad Pawar in hospital. This comes as ruling NCP president Sunil Tatkare revealed that a merger would have occurred in February this year if Ajit Pawar were alive. The meeting and Tatkare's comments have reignited discussions about the future of the NCP.
Congress leader Rahul Gandhi, addressing an INDIA bloc rally in New Delhi on Sunday, launched a scathing attack on the Election Commission and the BJP government, alleging "vote chori" in the 2024 Lok Sabha polls. He asserted that Chief Election Commissioner Gyanesh Kumar would be removed and jailed for "treason," and that Prime Minister Narendra Modi and Home Minister Amit Shah would face legal action. Gandhi claimed 13.5 crore voters were removed from electoral rolls, making the 2024 elections "illegal." The BJP, in response, accused Gandhi of creating anarchy and having a "dual mentality" regarding democratic outcomes.
The Digital News Publishers Association (DNPA) has informed the Supreme Court that newsrooms will be forced to shut down if journalists are required to seek permission before publishing information under the Digital Personal Data Protection (DPDP) Act and its accompanying Rules. The Supreme Court has issued notices to the Union ministries of Law and Justice, and Electronics and Information Technology (MeitY) on the DNPA's petition.
Indian benchmark equity indices, Sensex and Nifty, experienced a decline in early trade due to elevated crude oil prices, ongoing geopolitical uncertainties, and investor caution ahead of the US Federal Reserve's policy decision later this week. Track Sensex, Nifty on October 26.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, primarily driven by a more than 4 per cent surge in Tata Consultancy Services (TCS) shares following its robust Q2 net profit announcement. Track Sensex, nifty on October 9.
Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.
Indian equity benchmarks, the Sensex and Nifty, opened higher on Friday, driven by a strong rally in IT stocks, despite a significant overnight decline in US technology shares and broader Asian markets. Experts anticipate further market support from falling US bond yields, a strengthening rupee, and a substantial liquidity inflow following the Jio Platforms IPO allotment. Track
Adani Group-controlled Mumbai International Airport Ltd (MIAL) has reiterated that airlines must decide whether to shift flights to Navi Mumbai, temporarily suspend operations at Mumbai airport, or pursue other alternatives from the summer 2027 schedule due to Terminal 1's redevelopment.
Reigning world champion Lando Norris has expressed a strong desire to race in India, acknowledging the country's massive Formula 1 fan base. This comes as the Indian government and Adani Group are exploring options to bring F1 back to the Buddh Circuit, despite significant financial and logistical hurdles. Norris, who has a close friend in Indian driver Jehan Daruvala, believes racing in India would be great for the sport.
IndiGo is undertaking a comprehensive review of its long-standing policy against fuel hedging, particularly in light of rising jet fuel prices and its ambitious long-haul expansion plans. CEO Willie Walsh stated that while domestic competitors don't hedge, international expansion necessitates a re-evaluation to manage risk and provide stability against volatile fuel costs.
Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.
