News for 'adani group'

India vs Aus: Couple of Adani protestors disrupt 1st ODI

India vs Aus: Couple of Adani protestors disrupt 1st ODI

Rediff.com27 Nov 2020

Play was halted briefly at the Sydney Cricket Ground when the pitch was invaded by two protesters.

Adani launches India's largest solar power project

Adani launches India's largest solar power project

Rediff.com5 Jan 2012

Adani Group on Thursday said it has commissioned the country's largest 40 MW solar power project at Kutch district in Gujarat.

'If Nifty Continues To Decline Below 23,000 Mark...'

'If Nifty Continues To Decline Below 23,000 Mark...'

Rediff.com13 Feb 2025

'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.'

Gujarat sarpanch, jailed under draconian law, blames Adani

Gujarat sarpanch, jailed under draconian law, blames Adani

Rediff.com24 Apr 2015

Gajendrasinh Jadejha, the sarpanch of the Navi Naal village in Mundra taluka of Kutch, who has been sent to jail under the Prevention of Anti-Social Act by the Gujarat government, has filed a petition in the Gujarat high court against his detention and application of the tough law against him.

Adani enters aircraft maintenance with Air Works buyout

Adani enters aircraft maintenance with Air Works buyout

Rediff.com19 Oct 2022

The maintenance, repairs and overhault firm, which has six investors, received its first external funding from GTI Group and Punj Lloyd in 2007. All existing investors will exit the company following the transaction.

'Modi, Modi' countered with 'Adani, Adani' during Budget speech

'Modi, Modi' countered with 'Adani, Adani' during Budget speech

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman's Budget speech on Wednesday was marked by the usual thumping of benches by the ruling alliance members, but the loudest cheer was reserved for her announcement of income tax relief, which was welcomed by 'Modi, Modi' chants in Lok Sabha that also witnessed a few instances of protest by the Opposition.

Hafeez Contractor roped in for Dharavi redevelopment

Hafeez Contractor roped in for Dharavi redevelopment

Rediff.com1 Jan 2024

The Adani Group, which won the Dharavi Redevelopment Project from the state government last year, on Monday said it has onboarded three city planners, including Hafeez Contractor, to present a draft redevelopment plan for the largest slum cluster in Asia. In a statement, the group, which has promised to invest Rs 21,000 crore in the first phase, has roped in world famous architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold as city and infrastructure planners for the project.

Adani ropes in Mithali Raj as mentor for WPL

Adani ropes in Mithali Raj as mentor for WPL

Rediff.com28 Jan 2023

Former India captain Mithali Raj has been roped in as mentor and advisor by Women's Premier League side Gujarat Giants.

Logjam over, Oppn agrees to let Parliament function

Logjam over, Oppn agrees to let Parliament function

Rediff.com3 Dec 2024

The government and opposition parties on Monday reached an agreement to break the impasse in Parliament with dates announced for discussions on the Constitution in the Lok Sabha and the Rajya Sabha.

Ambani edges past Adani to being Asia's richest

Ambani edges past Adani to being Asia's richest

Rediff.com4 Jun 2022

Ambani's wealth jumped $3.59 billion in the past 24 hours, while Adani added $2.96 billion to his net worth.

Kerala church-led stir against Adani port enters 100 days, fishermen burn boat

Kerala church-led stir against Adani port enters 100 days, fishermen burn boat

Rediff.com27 Oct 2022

Hundreds of fisherfolk, including women, reached the area via road and sea and broke open the lock of the gate of the project site, raising slogans.

Adani row: Centre to set up experts' panel on regulatory mechanism

Adani row: Centre to set up experts' panel on regulatory mechanism

Rediff.com13 Feb 2023

The Centre has no objection to a proposal for setting up a panel of domain experts to look into strengthening the regulatory mechanisms for the stock market, the Supreme Court was told on Monday while it was hearing pleas relating to the Adani stocks rout after the Hindenburg report. The central government, however, told a bench headed by Chief Justice DY Chandrachud that it wanted to give the names of the domain experts for the committee and the scope of its mandate in a sealed cover in larger interest.

'Adani port project will be an environmental disaster'

'Adani port project will be an environmental disaster'

Rediff.com28 Nov 2022

'People should realise that what we are fighting for today is actually for tomorrow, for future generations.'

As shares plunge, Adani FPO subscribed only 1% on opening day

As shares plunge, Adani FPO subscribed only 1% on opening day

Rediff.com27 Jan 2023

Against an offer of 4.55 crore shares of Adani Enterprises Ltd, only 4.7 lakh were subscribed, according to information available from the BSE. Adani Enterprises fell almost 20 per cent to below the offer price of its secondary sale as all the seven listed companies of the conglomerate took a beating in the aftermath of Hindenberg Reserach alleged that the group was "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".

'As Tunnels Increase We See More Incidents'

'As Tunnels Increase We See More Incidents'

Rediff.com7 Mar 2025

'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'

Adani files for Rs 20,000 cr FPO

Adani files for Rs 20,000 cr FPO

Rediff.com18 Jan 2023

Richest Indian Gautam Adani-led group's flagship firm on Wednesday filed an offer letter with stock exchanges for a proposed Rs 20,000 crore follow-on public offer (FPO). The FPO of Adani Enterprises Ltd (AEL) is planned to open on January 27 and close on January 31, according to the offer letter. Of the Rs 20,000 crore proceeds of the FPO, Rs 10,869 crore will be used for green hydrogen projects, work at the existing airports and construction of a greenfield expressway.

'I Expect More Disasters To Happen'

'I Expect More Disasters To Happen'

Rediff.com16 Jun 2025

'Even one accident can cause problems for the entire coastal system.'

LS adjourned amid ruckus over BJP's bid to link Cong with Soros

LS adjourned amid ruckus over BJP's bid to link Cong with Soros

Rediff.com6 Dec 2024

Lok Sabha proceedings were on Friday adjourned for the day amid protests by opposition members over Bharatiya Janata Party's attempts to link the Congress party to United States-based billionaire investor George Soros.

State, people cannot be held to ransom by blocking way: HC on Adani port stir

State, people cannot be held to ransom by blocking way: HC on Adani port stir

Rediff.com16 Nov 2022

Justice Anu Sivaraman also said that no one will be allowed to play politics under the garb of the ongoing agitation at the multi-purpose seaport at Mulloor in Thiruvananthapuram district.

How Adani controls 26% of air passenger traffic

How Adani controls 26% of air passenger traffic

Rediff.com28 Sep 2020

While questions may arise over the sheer dominance of a single corporate group in running airports in the country, it pretty much fits into the government's plan to get out of this space and earn revenue without working for it.

Going local for global: Bharat Global Ports to test waters at home first

Going local for global: Bharat Global Ports to test waters at home first

Rediff.com31 Mar 2025

The government is looking to give Bharat Global Ports a certain amount of domestic exposure after it set up the state-owned consortium to increase India's global maritime heft, officials aware of the development said. The intended domestic exposure is meant to give the consortium experience and build its credentials for international projects.

Where Does Shashi Tharoor Go From Here?

Where Does Shashi Tharoor Go From Here?

Rediff.com9 Jun 2025

The political and ideological differences between the Congress and Shashi Tharoor is no longer a matter of whispers.

Adani stocks may escape MSCI 'extreme price increase' threshold

Adani stocks may escape MSCI 'extreme price increase' threshold

Rediff.com26 Apr 2021

While the stocks met various other inclusion parameters, there were fears they may still get disqualified given the sharp run up in their stock prices.

Why Dharavi residents are not thrilled by Adani's redevelopment plan

Why Dharavi residents are not thrilled by Adani's redevelopment plan

Rediff.com30 Nov 2022

Most of the local residents expressed fear that redevelopment will kill the small businesses in Dharavi that it is known for and that they are content with the way things are at present.

'Jai Bhavani, Jai Shivaji': Uddhav's reply to BJP's 'Jai Shri Ram'

'Jai Bhavani, Jai Shivaji': Uddhav's reply to BJP's 'Jai Shri Ram'

Rediff.com10 Mar 2025

Thackeray also drew a comparison between the current regime and Hitler.

SC junks Tata Power's plea on project award to Adani

SC junks Tata Power's plea on project award to Adani

Rediff.com24 Nov 2022

In a setback to Tata Power, the Supreme Court on Wednesday dismissed the company's challenge to the Maharashtra Electricity Regulatory Commission's (MERC's) decision to award a Rs 7,000-crore transmission project near Mumbai on a nomination basis to Adani Electricity. The court upheld the order by the Appellate Tribunal for Electricity (APTEL) in this case and directed all State Electricity Regulatory Commissions to frame guidelines on tariff determination in accordance with Section 61 of the Electricity Act and the national policy. The verdict has implications for the Mumbai power market, said Ashok Pendse, an energy expert based in the city.

Gautam Adani faces his toughest test ever

Gautam Adani faces his toughest test ever

Rediff.com1 Nov 2012

Debt-ridden Adani Group struggles to overcome its biggest challenges.

Budget session: Kharge calls Oppn meet on Monday to chalk out floor strategy

Budget session: Kharge calls Oppn meet on Monday to chalk out floor strategy

Rediff.com12 Feb 2023

The meeting is believed to be called to chalk out the strategy of the Opposition in Rajya Sabha on Monday.

Prannoy Roy, Radhika continue on NDTV board, resign from promoter firm

Prannoy Roy, Radhika continue on NDTV board, resign from promoter firm

Rediff.com30 Nov 2022

NDTV founders Prannoy Roy and his wife Radhika Roy have resigned as the directors of promoter group vehicle RRPR Holding Private Limited as the Adani Group neared takeover of the television channel.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

Not against corporates but...: Rahul on Adani's Rajasthan investment

Not against corporates but...: Rahul on Adani's Rajasthan investment

Rediff.com8 Oct 2022

Gehlot said be it Adani or Amit Shah's son Jay Shah, Rajasthan will welcome all because it wants investment and employment.

Why even form alliances, just...: Sena slams AAP, Cong

Why even form alliances, just...: Sena slams AAP, Cong

Rediff.com10 Feb 2025

Referring to Abdullah's comments, Saamana claimed that Congress actively contributed to AAP's defeat in at least 14 seats in Delhi, which could have been avoided.

With open offer to buy 26% stake, Adanis seek to become majority shareholder in NDTV

With open offer to buy 26% stake, Adanis seek to become majority shareholder in NDTV

Rediff.com24 Aug 2022

Three firms, Vishvapradhan Commercial Pvt Ltd along with AMG Media Networks and Adani Enterprises Ltd, have offered a price of Rs 294 for the acquisition of up to 1,67,62,530 fully paid-up equity shares of NDTV having a face value of Rs 4 from the public shareholders.

Adani takes on Ambani, to invest $20 bn in renewable energy

Adani takes on Ambani, to invest $20 bn in renewable energy

Rediff.com21 Sep 2021

Unveiling his infrastructure conglomerate's green vision, billionaire Gautam Adani on Tuesday said his group will invest $20 billion over the next 10 years in renewable energy generation and component manufacturing and will produce the world's cheapest green electron. The port-to-energy conglomerate plans to triple its renewable power generation capacity over the next four years, foray into green hydrogen production, power all data centres with renewable energy, turn its ports into net carbon zero by 2025, and plans to spend over 75 per cent of capital expenditure until 2025 in green technologies, he said. Speaking at JP Morgan India Investor Summit, Adani Group chairman said the USD 20 billion investment will be in renewable energy generation, component manufacturing, transmission and distribution.

Adani's Aus plans get a court boost

Adani's Aus plans get a court boost

Rediff.com22 Aug 2017

Adani group's 16.5 billion dollar controversy-hit coal mine project in Australia has cleared another hurdle with Brisbane supreme court dismissing an appeal filed by indigenous group against the project.

RIL, Adani to set up solar units under PLI scheme

RIL, Adani to set up solar units under PLI scheme

Rediff.com23 Sep 2021

As many as 19 firms, including Reliance Industries Ltd (RIL), Adani Group and Tata have evinced interest for setting up solar manufacturing units under a production linked incentive scheme of the government. In April this year, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules. The scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore.

Adani explores legal options on tax notice

Adani explores legal options on tax notice

Rediff.com19 May 2014

Adani Group is exploring legal options after being slapped with a Rs 5,500-crore tax notice, allegedly for overvaluing imported equipment, by the Mumbai wing of the Directorate of Revenue Intelligence.

Adani Green to raise $409 mn bonds to repay loan

Adani Green to raise $409 mn bonds to repay loan

Rediff.com27 Feb 2024

Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, plans to raise $409 million through US dollar-denominated bonds to repay a debt obligation falling this year. In a regulatory filing, the company said the bond will have a door-to-door tenor of 18 years. The proceeds will be used to redeem the $500 million 6.25 per cent senior secured notes due 2024, it said adding these notes were issued on June 10, 2019.

Adani-Hindenburg row: Sebi may get 3 more months to wrap up probe

Adani-Hindenburg row: Sebi may get 3 more months to wrap up probe

Rediff.com12 May 2023

The Supreme Court said on Friday it may consider granting three more months to SEBI for concluding its probe into the allegations of stock price manipulation by the Adani group and lapses in regulatory disclosure, and listed a batch of PILs and plea by the market regulator on May 15. A bench of Chief Justices DY Chandrachud and Justices P S Narasimha and J B Pardiwala said the court registry has received the report of the apex court-appointed Justice (retd) A M Sapre committee on the issue and would like to hear the matter on Monday after perusing the findings of the panel. "We will go through the report in the meantime.

Adani lowest bidder in CIL's maiden coal import tender

Adani lowest bidder in CIL's maiden coal import tender

Rediff.com4 Jul 2022

Adani Enterprises has emerged as the lowest bidder in Coal India's tender for imports of the dry fuel with quoting over Rs 4,000 crore for supply of 2.416 million tonne, even though the miner is likely to "negotiate the price", an official said on Monday. A negotiation for the quoted price may take place as the gap between the lowest bid value and the miner's own estimates of Rs 3,100 crore is in excess of around 30 per cent, he said. "Adani's bid is the lowest but it is Rs 900 crore more than the Coal India's own estimate.