A $10.5 billion pact announced Sunday marked some 32 acquisitions for the Adani Group this past year, with the ambitious tycoon rapidly diversifying his business into new areas.
Scaling up the media business will give Adani a meaningful presence in an industry where Mukesh Ambani has already made his mark through his Network18 Media & Investments Ltd.
The appeal comes before a national election on 21 May in which the role of coal, the nation’s second-biggest commodity export, is again the focus of debate.
Discussions over investments in Deocha-Pachami coal mining project were also held in meeting, held 2 months before state govt's annual global business summit, a govt official says.
The non-binding MoU intends to extend collaborations in various industries such as renewable energy, hydrogen and logistics in response to carbon reduction requirements.
The project, proposed in 2010, has become a global emblem for opposition to fossil fuels. It has been impeded by legal challenges and a sustained campaign by climate activists,
The investments would include a fresh $20 bn over the next decade, for areas such as electrolyzer manufacturing, and AI-based industrial cloud platforms, among others.
Adani Group, the first-ever Indian port operator in Sri Lanka, will have a 51% stake & has signed agreement with local partner John Keells Holdings & the SLPA to build the terminal.
The funds rank among the biggest shareholders in Adani group companies, ahead of prominent financial institutions like BlackRock Inc. and The Vanguard Group Inc.
If Yasin Malik’s sentence is a call for condemnation, then why is the establishment forgetting Hafiz Saeed? But neither Shehbaz nor Imran Khan would take note.
The central bank approved the transfer of 303.1 billion rupees to the government from its surplus funds, a third of the 991.2 billion rupees it had given last year.
Doval's comments came at 4th Regional Security Dialogue on Afghanistan attended by national security advisors from Tajikistan, India, Russia, Kazakhstan, Uzbekistan, Iran, Kyrgyzstan & China.
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.