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Reports about cancellation of Rs 200 crore fine on Adani 'incorrect': Govt

Reports about cancellation of Rs 200 crore fine on Adani 'incorrect': Govt

Amid reports that Adani Port and SEZ Ltd (APSEZ) was spared a hefty fine of Rs 200 crore for environmental damage during construction of Mundra port, the Environment Ministry today said the claims are "incorrect" and it had imposed "more serious" responsibility on the firm without any cost limit.

Market Capitalization of Mukesh Ambani and Adani decreased in Modi's 2 year of governance

Market Capitalization of Mukesh Ambani and Adani decreased in Modi's 2 year of governance. Watch complete news story of Top 50 Shares and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

After Adani Group, Alok Industries now owe banks Rs 20,000 crore: Report

After Adani Group, Alok Industries now owe banks Rs 20,000 crore: Report

Even as a recent report revealed that Gautam Adani's firms owe about Rs 72,000 crore to India banks, the latest revelation comes that Alok Industries owes banks a hefty Rs 20,000 crore taken in loan.

Shocking! At Rs 72,000 crore, Gautam Adani's firm owes banks 8 times more than Vijay Mallya

Shocking! At Rs 72,000 crore, Gautam Adani's firm owes banks 8 times more than Vijay Mallya

According to PTI, Pawan Verma, member of JD(U), raising issues about corporate houses owing money to PSU Banks in the Rajya Sabha on Thursday alleged that Adani Group got “unimaginable” favours and that its debt stands at Rs 72,000 crore.

21 injured as boiler pipe bursts at Adani power plant at Mundra

21 injured as boiler pipe bursts at Adani power plant at Mundra

As per report, 13 of the 21 workers suffered serious injuries with at least eight of them sustaining more than 60 percent burns.

Gautam Adani's son Karan Adani takes over as CEO of APSEZ

Gautam Adani's son Karan Adani takes over as CEO of APSEZ

He will take over the top job from outgoing CEO Sudipta Bhattacharya

Never agreed to fund Adani's Australian coal project: SBI

Never agreed to fund Adani's Australian coal project: SBI

State Bank of India Tuesday said it had not committed to extend any loan to the Australian coal mines project of Adani Group but had only signed a memorandum of understanding for the same provided the company met all its eligibility criteria.

Adani Enterprises Q2 net plunges 40% to Rs 299 crore

Adani Enterprises, the flagship firm of the Adani Group, Monday said consolidated net profit declined by 40 per cent on comparable basis to Rs 299 crore for the second quarter ended September 30.

Adani's coal mine project gets re-approval in Australia

Adani's coal mine project gets re-approval in Australia

Indian mining giant Adani's plan to build one of the world's largest coal mines got a new lease of life on Thursday after the Australian government gave its re-approval to the 16.5 billion controversy-hit project but with "strictest conditions" amid environmental concerns.

Adani Power in talks with Welspun Group to buy power plants

Adani Power in talks with Welspun Group to buy power plants

Adani Power Wednesday said it is in talks with Welspun Group for buying ready to build coal-fired power plants.

Adani Group seeks licence to manufacture warships

The group is also evaluating options to set up a greenfield shipyard in Gujarat, besides leveraging its significant land holding for a defence manufacturing park.

Adani Enterprises to invest Rs 25,000 crore in Chhattisgarh

Adani Enterprises, the flagship firm of Adani Group, has inked a pact with the Chhattisgarh government to invest over Rs 25,000 crore for setting up urea and power project as well as rice bran oil extraction plant in the state.

Adani Group to invest $3.75 bn in coal gasification project

Adani Group said on Monday it would invest 250 billion rupees ($3.75 billion) in a coal gasification project.

Adani Group in talks with Softbank, Foxconn on $3 billion solar plan

Adani Group is in talks with Japan`s Softbank and Foxconn, maker of Apple`s iPhone, to secure investment in a $3 billion project to make solar cells and panels in the country, two sources with knowledge of the matter said.

Adani Group firms get nod to raise up to Rs 26,000 crore

Three Adani Group firms -- Adani Power, Adani Enterprises and APSEZ -- have received approval of shareholders to raise up to Rs 26,000 crore to expand business operations and manage capital expenditure.

Adani Enterprises Q1 net jumps 43% to Rs 380 cr

For the April-June 2015 quarter, consolidated revenue fell by 9 per cent to Rs 11,275 crore from an adjusted 12,429 crore in the same quarter of 2014-15 fiscal, it added.

Adani Power reports Q1 net loss at Rs 417.58 crore

The company had reported a consolidated net loss of Rs 303.29 crore for the quarter ended June 30, 2014, Adani Power said in a BSE filing.

Abbott under attack for pro-Adani statement

"The courts exist to make decisions according to the law, not to further the interests of particular individuals or organisations, including government.

Australian PM backs Adani mine, says sabotaging of projects dangerous

"If the courts can be turned into a means of sabotaging projects which are striving to meet the highest environmental standards, then we have a real problem as a nation," he said.

Australian court revokes approval for Adani's coal mine project

Indian mining giant Adani's plan to build one of the world's largest coal mines in Australia on Wednesday suffered a setback after a court in the country revoked the government's environmental approval for 16.5 billion dollar project.