NEW DELHI: Lok Sabha approved the Union budget on Thursday calling for an expenditure of around Rs 45 lakh crore for the financial year starting April 1 without any discussion, as the opposition continued to create rowdiness on the request for a JPC investigation into the allegations against the Adani Band. The lower house of…
NEW DELHI: The Adani Group – India’s largest private airport operator (in terms of number of airports in its portfolio) which currently manages seven operational airports including Mumbai CSMA extension and building the next Navi Mumbai hub – expects India to have one billion air travelers by 2040, with passenger traffic growing on average 8.5%…
Adani Group said on Monday it hoped to secure financial close of the Rs 34,900 crore petrochemical project at Mundra in Gujarat within the next six months. The conglomerate was responding to reports that it was suspending work as it focused on consolidating operations and addressing investor concerns after the Hindenburg report. Adani Enterprises Ltd…
NEW DELHI: Congress MP Rahul Gandhi has requested 8-10 days for a detailed response to a notice he received from Delhi Police for his comment during the Bharat Jodo Yatrawhere he stated that “women are always sexually assaulted”.Sources say the former congressional speaker, in his preliminary response, also blamed the “sudden urgency” shown by law…
NEW DELHI: Adani Group has suspended work on a Rs 34,900 crore petrochemical project at Mundra in Gujarat as it focuses on resources to shore up operations and address investor concerns following a damning report from a US-based short seller, sources said.The flagship of the group Adani Enterprises Ltd (AEL) had incorporated a wholly-owned subsidiary,…
Over the weekend, India’s stock market regulator said it was paying close attention to post-sale monitoring of Adani Group companies, which ballooned to more than $100 billion in market capitalization losses. The Securities and Exchange Board of India, or SEBI, has issued a statement to reassure markets that it has addressed the volatility in shares…
