Tag: Adani Group
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Gautam Adani’s wealth swells by $5.6 billion on relief rally – Times of India
[ad_1] A stocks rally in firms owned by Gautam Adani added $5.6 billion to his net worth last week after India’s top court concluded hearings in a lawsuit where the markets regulator is probing wide-ranging allegations of corporate malfeasance against the conglomerate.The founder of the Adani Group, whose stocks were battered earlier this year after…
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With US funding in pocket, Adani plans expansion of overseas port empire
[ad_1] By P R Sanjai and Chris Kay Standing before Sri Lankan officials and US diplomats in a five-star hotel in Colombo last week, Karan Adani boasted that a newly inked $553 million US government financing deal toward a port terminal being developed by his family’s conglomerate was a “reaffirmation by the international…
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Adani Electricity Used Renewable Energy To Supply Mumbai Power On Diwali
[ad_1] The peak demand of the financial capital on Sunday morning was over 2,500 MW. Mumbai: Power utility company Adani Electricity on Monday said it relied completely on renewable sources for supply of power to Mumbai for four hours on Diwali day. Adani Electricity supplied 1,200 MW of power from renewable sources to its 3…
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Mahua Moitra: ‘Anyone who speaks about Adani-Modi nexus is being targeted’
[ad_1] The Trinamool Congress MP says the Lok Sabha Ethics Committee was trying to publicly humiliate her. The allegations of cash for queries against Mahua Moitra, Trinamool Lok Sabha MP from Krishnanagar, has created a huge storm in Indian politics over the past few weeks. Moitra, one of the most prominent and vocal critics of…
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Adani Enterprises’ Pre-Tax Earnings Rise By 43% To Rs 5,874 Crore
[ad_1] Adani Enterprises’ latest results showcased the emergence of key incubating businesses. New Delhi: Adani Group’s flagship firm Adani Enterprises on Thursday reported its earnings before interest, taxes, depreciation, and amortization (EBIDTA) increased by 43 per cent to Rs 5,874 crores during the April-September quarter of 2023-24. The company’s cash accruals increased by 48 per…
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Adani Power’s Q2 Consolidated Profit Jumps 848% To Rs 6,594 Crore
[ad_1] Adani Power has an installed thermal power capacity of 15,210 MW spread across eight plants New Delhi: Adani Power Limited, a part of Adani group, announced its consolidated profit increased over eight fold to Rs 6,594 crore in the July-September quarter – a 848 per cent jump as compared to Rs 696 crore for…