India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.
Proceeds likely to be used for Dhamra port buy.
Australia's green political party on Wednesday warned the government for approving India's Adani group's plan to expand a major coal port on the fragile Great Barrier Reef coast, saying it will hasten the death of the natural wonder, a World Heritage site.
Adani says size of the balance sheet of the company will double after the acquisition.
Adani, GVK win Australian state backing to expand coal port.
"I am proud to announce the project has Final Investment Decision (FID) approval which marks the official start of one of the largest single Infrastructure -- and job creating -- developments in Australia's recent history," Gautam Adani said.
Sale at acquisition price may have been prompted by slow coal traffic and fall in prices.
The final and last approval for the Adani group's long-delayed billion dollar mega coal mine project came weeks after a surprise election win of Australia's pro-coal ruling coalition led by Prime Minister Scott Morrison.
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The Greens are calling for an urgent investigation.
Terminal Zero will be constructed at the port of Abbot Point near Bowen town, Queensland, as per the Memorandum of Understanding inked between the company and Korea's POSCO.
SBI blamed poor coal prices for the decision to turn down the loan request.
The project includes a 300 kms rail line connecting Adani's planned Carmichael Coal Mine, Northwest of clermont, to the Abbot Point Coal port, near the Great Barrier Reef.
The $16.5 billion Carmichael coal mine project when completed would be one of the world's largest.
Adani described the meeting as warm and productive.
The Adani group had applied for the Northern Australia Infrastructure Facility loan for building the 388-km rail line to connect the Carmichael coal mine to the sea port.
Adani has blamed opposition to its mine for delays in moving the $7 billion project to the construction phase
An Adani spokesperson said that it was yet another attempt by activists to delay the project.
The massive coal mine in Queensland state has been a controversial topic, with the project expected to produce 2.3 billion tonnes of low-quality coal.
The development of the coal mine located at Queensland in Australia and required infrastructure including railways would cost $7.6 billion.
Adani will go ahead with its $15 bn mine, rail and port project.
Parliament in the Australian state of Queensland agreed on Tuesday that India's Adani Enterprises Ltd should be granted "all state government approvals" to build one of the world's biggest coal mines.
Adani, which already has mining and environmental licences from the state government, requires the state approvals on management plans on the endangered finch bird and groundwater in order to commence the mine construction.
Eyeing to become India's largest player in 2020 Adani Group plans to invest 70 per cent of its capital expenditure in clean energy and energy efficient systems.
Queensland's Development Minister Anthony Lynham issued a statement on Sunday, saying the combined mine, rail and associated water infrastructure have all been declared "critical infrastructure" and the project's special "prescribed project" status has been renewed and expanded to include its water infrastructure.
The mine, designed to eventually produce 60 million tonnes a year of thermal coal used in power stations, has been the focus of opposition by green groups fighting new coal mines and the rail and ports needed to ship the coal.
OSCO E&C said Adani had asked it to halt its design work as of July 16, with tentative plans to resume work in early October.
The key hurdle Adani needs to clear to secure loans for the Carmichael mine, rail and port project is dredging approval to expand its Abbot Point port.
Adani Mining is building a 300-km rail line for its about $16 billion Carmichael coal mine project in Australia.
Adani has argued that the Carmichael mine, together with its other projects in Queensland.
A total of 11 international banks have publicly distanced themselves from the project.
Adani intends to ship most of the coal from the mine to India.
Sources said Adani had not been able to tie up any financing for the coal project
Virgin promoter to protest Adani's mining project in Australia, saying it will damage the Great Barrier Reef
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr
Companies write off investments, shed assets as initial projections go haywire
Indian CEOs might like to make some serious course correction.
Adani's $15-billion Carmichael coal mine is stuck since 2010.
Was Adani able to clinch this loan merely as a result of his proximity to Prime Minister Narendra Modi?
'There is a trade in goods, a lot of tariff.'
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
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