Adani Enterprises, the flagship company of the Adani Group, reported a profit after tax of Rs 557 crore for the first quarter ended June 30, 2014 on the back of a 43 per cent jump in revenue.
'A perception has been built in our country that whatever Modi says you cannot challenge that.'
Adani's $15-billion Carmichael coal mine is stuck since 2010.
Pawan Verma contended that PSU banks are influenced to give loans to the people who are not able to repay them.
There are around 6,500 diamond manufacturers of which Palanpuri Jains operate a mere 6 per cent, or around 400 companies. But they stand out for being highly interlinked through blood ties.
The 20 richest people on the planet are worth a staggering USD 1.2 trillion, a sum roughly equivalent to the annual economic output of Mexico.
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
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Approval for Adani's Carmichael coal mine was set aside last week.
The challenge was launched by Mackay Conservation Group in January.
Prime Minister Narendra Modi and industrialist Mukesh Ambani feature amongst the most searched personalities online this year, according to search engine Yahoo.
Australia's federal and Queensland governments are eager to see the mine built following the loss of more than 4,000 coal jobs over the past two years, but analysts and project finance experts believe Adani may have underestimated the challenge of raising funds for the project.
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
The negotiations for a bail-out of the two plants could see continuity though a weakened BJP majority is a cause of concern among analysts, says Amritha Pillay.
Mukehs Ambani, KLakshmi Mittal, Azim Premji features in top ten rich Indians list.
He promised a complete loan waiver to farmers as soon as the Congress formed government in the state.
'James Crabtree ignores the emergence of a nexus between business and politics going back to the 1920s and talks of it as a new child of 21st century India,' says Shivanand Kanavi.
Wishlist for new PM includes growth boosters, reining in inflation, faster project clearance and reversal of Land Acquisition Act
He congratulated the Uttar Pradesh government and industrialists for their commitment for development.
Pathan brothers turn down Congress ticket; Rahul's impersonal ways; Modi on DD; RaGa's loss, NaMo's gain. All this and more from the election battlefield.
Theft has taken place in front of the eyes of the chowkidar. But you are silent, Rahul said.
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.
Known for making controversial remarks, senior Uttar Pradesh minister Azam Khan outdid himself when he alleged that Prime Minister Narendra Modi had met wanted underworld don Dawood Ibrahim in Lahore at the residence of his Pakistani counterpart Nawaz Sharif last December. Sharat Pradhan/ Rediff.com reports from Lucknow.
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
Adani intends to ship most of the coal from the mine to India.
This will add to the woes of the conglomerate that had received a show-cause notice from the Directorate of Revenue Intelligence (DRI) last week for alleged over-valuation of imported machinery by Rs 2,000 crore.
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
Pranav Adani has come a long way since 1999, when he first got actively involved with the Adani Group's businesses, run by his uncle, Gautam Adani.
Tatas, Adani, Bharti, HDFC and Sun Groups have clocked huge gains.
India's real risk is not that crony populism would fail, but that it would succeed, consolidating a path that is fundamentally a trap, both in terms of social inequalities and long-term growth, says Michael Walton.
No business delegation has been cleared yet for Prime Minister Narendra Modi 's visit to America from Friday.
Reports said that Adani took legal action to override the W&J people.
Keshav Joshi's tongue in cheek look at Narendra Modi's mega plans.
Virgin promoter to protest Adani's mining project in Australia, saying it will damage the Great Barrier Reef
Around 300 promoters serve their company boards for free.
Sale at acquisition price may have been prompted by slow coal traffic and fall in prices.
Gautam Adani, promoter of Adani Power Ltd, has a reason to relax, even as the power arm of his group of companies continues to make losses for an eighth straight quarter.
'Haven't you heard of the magical EVM machines? They can negate all our votes.' 'There is no hope. Modi is India's Putin.'
The month also saw Adani Power acquiring the 600-Mw Korba West thermal power plant from the Gautam Thapar-led Avantha group for Rs 4,200 crore (Rs 42 billion).
Adani Ports has agreed to acquire DhamraPort in Odisha from Tata Steel and L&T Infrastructure Development Projects (L&T IDPL) for about Rs 5,500 crore.
India Inc has few leaders who are likely to grab headlines in 2015.
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