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.
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.
Only a seasoned investor, who is clued on and has the resources to hold on or pay back the broker, should take such chances.
Bid date for Allahabad project postponed on fears of higher tariff quotes.
The broader NSE index has fallen about 0.9% as investors wait for corporate results
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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.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market 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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Adani is the fastest growing energy company in Asia-Pacific and the second fastest in the world
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
Richest 10 account for 41% of promoter wealth, up from 33% in December 2018, says Krishna Kant.
Friendlier government policies, greater demand and better supply of coal have fuelled investor interest.
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
Broader markets outperformed benchmark indices with BSE Midcap and BSE Smallcap up 0.5% and 0.6%.
Between 2007-08 and 2017-18, the number of countries they imported steam coal from has increased from six to 12.
Analysts attribute this outperformance to the government's proactive economic reform measures
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Adani Enterprises has 14 resolutions to pass, Adani Ports & SEZ has 13, Adani Power 12.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'
Jindal Power bagged 2 coal mines in Chhattisgarh.
While three operational mines in Chhattisgarh had a capacity of 12 million tonnes (mt), six were yet to start production.
Adani's Carmichael project has been stuck in the approvals process for the past five years.
Adani, Rajasthan govt will set up solar power project of 5000 MW on its own in the next five years.
The government on Friday issued fresh show cause notices to prior allottees of coal blocks like JSPL, JSW and Tata Steel, asking reasons behind delays in mines development and warned of deduction in their bank guarantees if they failed to furnish replies.
Modi is keen to restart big projects which are stuck for various reasons.
Pawan Verma contended that PSU banks are influenced to give loans to the people who are not able to repay them.
Women of the family rush to become directors of firms to meet Sebi deadline.
Adani group will demerge all ports, power assets into two 2 listed firms.
The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
Govt to issue ownership rights of 15 coal mines on Mar 23.
This would be bigger than group co Adani Power's existing capacity.
Billionaire Gautam Adani-led Adani Group on Monday announced a Rs 20,000-crore investment for expanding the capacity of its Gujarat ports to 100 million tons per annum by 2020.
