Adani Total Gas, Adani Power & Adani Transmission all fell by their 5% daily limit Tuesday after Adani group said the 3 funds were facing suspension due to a years-old regulatory order.
The funds own more than 435 billion rupees ($6 billion) in four Adani group firms, the report said, adding that the frozen accounts won’t be able to sell or buy new securities.
The redevelopment is part of the Railways' plans to transform stations into 'Railopolis' a mini smart city with mixed-use development, attracting huge investment opportunities.
To ensure responsible handling of coal, companies like Tata Power and NTPC have committed to not building new coal plants while Adani Group in Goa has adopted several initiatives.
The potential inclusions are seen further boosting wealth for Adani, who has added $20.2 billion to his net worth this year, the second-biggest increase among world’s billionaires.
As the first-ever Indian port operator in Sri Lanka, Adani Ports to partner with John Keells Holdings, country's largest diversified conglomerate, & with Sri Lankan Port Authority.
Sri Lankan minister Godahewa says Adani Group offered to invest in West Container Terminal, a 'commercially better option', but with same equity ratio given to China at CCIT.
Foreign investments are key to India meeting its goal of nearly doubling renewable energy capacity by 2022 and raising it five-fold to 450 gigawatts over the next decade.
Total will acquire 20% of Adani Green Energy & a board seat. Adani is the latest Indian tycoon to raise money by selling a piece of his empire to an overseas partner.
The Rs 16,000-crore airport is touted to be one of the world’s largest greenfield airports with two parallel runways. The first phase involves operationalising one of the two runways.
Set up by Lal bahadur Shastri, the Santhanam Committee's key concern was that corruption, once limited to the lower rungs of the bureaucracy, had now infected the All India Services and political leadership.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
Modi government had also made numerous efforts to establish peace with Pakistan but has now adopted a different path, militarily, to establish peace, adds defence minister.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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