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Adani Energy Solutions to acquire IntelliSmart for Rs 3,050 crore, to become India's largest smart metering platformAdani Energy Solutions Limited is acquiring IntelliSmart Infrastructure Private Limited for Rs 3,050 crore. This deal will create India's l...
Adani Energy Solutions vs Power Grid Corp: Which stock is Jefferies betting on?Jefferies remains bullish on both Adani Energy Solutions and Power Grid Corp but sees significantly stronger growth in AESL, driven by tran...
TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
SpaceX, OpenAI windfall fuels bets on next-wave Asian AI winnersAnticipating significant capital raises from tech giants like SpaceX and OpenAI, investors are shifting focus to Asian supply chain compani...
Cement cos diverge on expansion plans amid West Asia uncertaintyIndian cement companies are taking different paths on spending. Some, like Ultratech Cement, Dalmia Bharat, and Nuvoco Vistas, are increasi...
AI trade turns Adani’s energy stocks into India proxy playAdani Group's significant investment in green-powered data centers is driving substantial gains in its energy units, positioning them as ke...
Mumbai’s skyline is soaring. So is the pressure on housingMumbai's booming real estate market sees global financial giants occupying luxury towers while low-income residents like taxi driver Ramu V...
US protests Adani’s push to move cargo carriers to Navi Mumbai airportThe proposed relocation of cargo carriers by the Adani Group to its new Mumbai airport has drawn sharp criticism from the United States. Th...
Indian government hasn’t intervened in Adani crisis, Sanjeev Sanyal saysExposures to Adani group companies from the State Bank of India, the country’s largest financier and the Life Insurance Corp., the country’...
Adani said to decide against bid for stake in power trader PTCAdani was among the possible bidders reviewing preliminary information on the Mumbai-listed company, Bloomberg News reported in January. Th...
Adani Group looks to repay $500 million bridge loan to fund acquisition of Holcim cement unitsThe bridge loan has a tenor of six months and was part of the larger financing package of $5.25 billion, which included a $3 billion senior...
Gautam Adani among potential suitors eyeing stake in state-backed power trader PTC IndiaAdani is among possible bidders reviewing preliminary information on the business, the people familiar with the development said, asking no...
DB Corp rises 17% after Adani Power buys assets from group entityBoth sides signed an agreement for the all cash deal on Friday afternoon. The initial term of the MOU shall be till completion of the acqui...
Adani Group to buy land from K Raheja Corp for Rs 1,500 croreIn February 2021, Adani Group's flagship company Adani Enterprises entered into a 50:50 joint venture with EdgeConneX to develop and operat...
Adani-IOC sign agreement for augmenting crude volumesIOCL, which accounts for nearly half of India's petroleum products, has a refining capacity of 80.55 MMTPA and over 15,000 kilometer of pip...
Adani Power to acquire 49% stake in Odisha Power for Rs 1,019 croreThe OPGC operates 1,740 MW thermal power plant at Banharpalli in Jharsuguda district, Odisha.
IOC, Gail evaluating Adani LNG terminalThe PSUs have gone ahead with their plans on regasification capacity but have yet to take a final call on their equity investments.
Adani Group plans to build Rs 12,500 crore power plant in OdishaAccording to sources, Adani Power will set up a 2,500 MW thermal power plant in Odisha from "coal reject", or residues.
- Shipping ministry sees Rs 4kcr for dredging in 12th Plan
The shipping ministry wants to step up dredging at major ports in the 12th five-year plan and hopes to get a budgetary support of over Rs 4...