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.
Barclays, JPMorgan and Deutsche Bank are among banks arranging the bond sale to raise the funds. The proceeds will be used to refinance a rupee loan taken earlier this year.
Proposed in 2010 and stalled by legal challenges, financing setbacks and a sustained campaign from climate activists, the Carmichael operation is set to begin exports before December-end.
Mukesh Ambani and Gautam Adani owe their fortunes to carbon, and yet it’s in hydrogen, where a complex contest between them could open a pathway to decarbonized economic growth.
Speaking at the JP Morgan India Investor Summit, the billionaire also defended how India handled Covid, adding criticism cannot be at the cost of degrading a nation.
The funds rank among the biggest shareholders in Adani group companies, ahead of prominent financial institutions like BlackRock Inc. and The Vanguard Group Inc.
Adani Group is doubling its coal-fired power capacity to 24 GW, and plans to own, develop or operate new coal mines with a combined capacity of 132 million tons a year.
Adani's personal fortune tumbled by around Rs 66,779 cr to Rs 5.01 lakh cr, after ET report on offshore investors. Just days ago, he was closing the gap with Mukesh Ambani as Asia’s richest.
Adani Enterprises Ltd. has spun off several units into the public market but the list of shareholders that have risen 200% to 900% in value in the past year need some explaining.
For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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