Dewan Housing Finance Corp's lenders are likely to seek fresh bids for the company's assets as early as Tuesday after Adani group unexpectedly offered a higher price, Mint newspaper reported on Tuesday, citing two people with knowledge of the matter.
The Adani Group has announced strategic collaboration with Italy-based Snam and the collaboration would envisage exploration of the hydrogen value chain in India and global markets as well as the development of biogas, biomethane, and low-carbon mobility.
Adani Group has entered into an agreement to acquire the debt of GVK Airport Developers Ltd (GVK ADL), paving the way to acquire 74 per cent stake in Mumbai International Airport Ltd (MIAL) that operates India's second-largest airport in Mumbai.
The deal marks Adani Power’s foray into the state, and it demonstrate the Adani Group’s long-term commitment to develop and operate high quality infrastructure in Odisha.
This award will take Adani Green Energy closer to its target of achieving an installed capacity of 25 GW of renewable power by 2025.
India's distinct model of globalisation is pegged on its commitment to greener growth economics. Our cover in this issue featuring Adani Group Chairman Gautam Adani cuddling a koala bear is an ode to India's distinct globalisation and development model. While it takes inspiration from the cover story on Adani’s $16.5-billion Carmichael coal mine-railroad-and-port project in Queensland, it also seeks to encapsulate the essence of Indo-Australian relations. India and Australia have now moved beyond the traditional three Cs that characterised the relationship [...]
Steadfast support from the public at large is likely to see Adani's $16.1-billion mining project, India’s largest outbound FDI, through the hurdles. There appears to be some sort of jinx revolving around projects carrying the twin labels of “largest FDI” and “India." Remember Dabhol? The power project by the now bankrupt US company Enron in Maharashtra was the largest inward foreign direct investment (FDI) project at the time. After several false starts, it is finally limping along as the Ratnagiri [...]
A UN climate expert believes India is on the cusp of becoming a global leader in the field of sustainability. There are three things that, for me at least, best characterise modern India. And it is because of these qualities that I’m so convinced that the country is on the cusp of becoming a global leader in climate action and sustainability. Firstly, from independence to today, India has always steered a unique course –confident in its own path. It’s also [...]
The Adani Group has interests across agriculture, logistics and energy around the world. The Ahmedabad-headquartered conglomerate filters through its corporate social responsibility (CSR) with an environmentally friendly approach through the Adani Foundation. As I pen down this piece, it evokes me to tread a little back to the 1990s when the writings of Mahatma Gandhi on cleanliness, health and hygiene, were reproduced and hugely circulated post the unfortunate outbreak of plague in Surat, Gujarat. Only for the reason that we were all sensitised and motivated so much on maintaining sanitation and hygiene, Surat was transformed to become one of the cleanest cities of the nation. And, it continues to be so till date.