Bangladesh halves power buying from India’s Adani amid payment dispute DHAKA: Bangladesh has halved the power it buys from neighbouring India’s Adani Power, citing lower winter demand,... Published 02 Dec, 2024 08:05pm
World Indian banks review Adani exposure in wake of US bribery allegations MUMBAI: Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight ... Published 30 Nov, 2024 06:26am
World India’s Andhra Pradesh state likely to suspend Adani power deal NEW DELHI: India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the... Published 26 Nov, 2024 06:08pm
World Sri Lanka probes Adani projects after US charges COLOMBO: Sri Lanka has opened an investigation into the local investments of India’s Adani Group in the wake of US... Published 26 Nov, 2024 02:39pm
World India’s Adani slashes electricity to Bangladesh: power officials DHAKA: Indian conglomerate Adani has slashed cross-border electricity supply to Bangladesh by half due to some $850... Published 03 Nov, 2024 03:38pm
World India’s Adani Ports maintains FY25 core profit outlook after Q2 profit miss India’s Adani Ports and Special Economic Zone said it is “well positioned” to hit the upper end of its core profit... Published 29 Oct, 2024 02:47pm
Markets Adani Power says it is committed to supplying electricity to Bangladesh SINGAPORE: Adani Power said on Thursday it was committed to supplying electricity to Bangladesh, saying a recent... Published 15 Aug, 2024 02:54pm
Markets Hindenburg alleges India market regulator chief held stake in offshore funds used by Adani Group MUMBAI: US based short-seller Hindenburg Research in a new report released on Saturday alleged that the chairperson... Updated 11 Aug, 2024 07:11pm
Business & Finance Adani Enterprises to return to equity market with $1bn share sale, sources say MUMBAI: Adani Enterprises Ltd is likely to launch a $1 billion share sale by mid-September, three sources with... Published 07 Aug, 2024 07:20pm
Business & Finance Adani to return to equity market with transmission business share sale, sources say MUMBAI: Adani Energy Solutions, led by billionaire Gautam Adani, is likely to launch a share sale this week to raise... Published 29 Jul, 2024 06:59pm
Business & Finance India’s Adani Ports to invest $1.2bn in transshipment terminal, Bloomberg News reports India’s Adani Ports and Special Economic Zone plans to ramp up its investment to 100 billion rupees ($1.20 billion)... Published 12 Jul, 2024 12:00pm
Business & Finance Sri Lanka inks 20-year power purchase deal with India’s Adani Green COLOMBO: Sri Lanka has entered into a 20-year power purchase agreement with India’s Adani Green Energy Ltd for two... Published 07 May, 2024 11:48am
Markets Adani Total says Dhamra LNG terminal operating at 55% utilisation rate QUITOL: Adani Total Pvt Ltd’s Dhamra terminal has received 15 commercial liquefied natural gas (LNG) cargoes since... Published 06 Feb, 2024 10:51am
Business & Finance Adani Enterprises Q3 profit more than doubles BENGALURU: India’s Adani Enterprises reported a more than two-fold jump in third-quarter profit on Thursday, helped... Published 01 Feb, 2024 02:03pm
Business & Finance Indian tycoon Adani bets big on vast solar and wind plant KHAVDA: Deep in the desert along the border with Pakistan, India’s most controversial billionaire is building the... Published 19 Jan, 2024 01:50pm
Business & Finance India’s Adani Green plans to redeem $750mn bonds due Sept MUMBAI: India’s Adani Green Energy Ltd said on Monday it plans to redeem $750 million worth of notes due on Sept. 9,... Published 08 Jan, 2024 02:37pm
Markets Adani Group stocks rise ahead of Indian court ruling on regulatory probe BENGALURU: Shares of the Adani Group’s listed companies rose between 2.2% and 10% on Wednesday, ahead of a ruling by... Published 03 Jan, 2024 09:54am
Markets Adani Energy to spend $360mn to build Gujarat power transmission line MUMBAI: Adani Energy Solutions plans to spend $360 million to build a transmission line to connect a solar and wind... Published 27 Dec, 2023 01:09pm
Business & Finance India’s Adani Group to raise $4bn to fund green hydrogen plans BENGALURU: India’s Adani Group is looking to raise as much as $4 billion to fund its green hydrogen plans, Bloomberg... Published 26 Oct, 2023 05:48pm
Pakistan IMF Executive Board approves $3bn Stand-By Arrangement for Pakistan Board’s approval allows for an immediate disbursement of SDR894 million or about US$1.2 billion Updated 12 Jul, 2023 11:57pm
Business & Finance India’s Adani aims to close planned $4bn fundraising by end-December MUMBAI: India’s Adani Group is aiming to close its planned up to $4 billion fundraising before the end of 2023, and... Published 12 Jul, 2023 04:55pm
Business & Finance India’s Adani Enterprises says JV raises $213mn to build data centers BENGALURU: India’s Adani Enterprises said on Friday that a joint venture with private data center operator... Published 23 Jun, 2023 11:40am
World India’s Adani group in talks to refinance up to $3.8bn debt India’s Adani Group is in talks with lenders to refinance up to $3.8 billion of a loan facility taken for its... Published 13 Jun, 2023 05:43pm
Business & Finance India’s Adani to slow down on dealmaking to focus on existing projects MUMBAI: India’s ports-to-power giant Adani Group will go slower on acquisitions this year as cost of capital has... Published 07 Jun, 2023 05:23pm
Business & Finance India’s Adani Group weighs $3bn investment in Vietnam India’s Adani Group is exploring the possibility to invest up to $3 billion in seaport and renewable energy projects... Published 24 May, 2023 07:42pm
Business & Finance Two Adani Group firms to raise up to $2.57bn from the market NEW DELHI: Two Adani group companies including the Indian conglomerate’s flagship firm announced plans on Saturday... Published 13 May, 2023 02:10pm
Markets India’s Adani Wilmar posts 60% drop in Q4 profit on weak edible oils demand BENGALURU/CHENNAI: India’s Adani Wilmar Ltd reported a 60% slump in fourth-quarter profit on Wednesday, as lower... Published 03 May, 2023 01:12pm
World Indian news agency ANI, broadcaster NDTV Twitter accounts restored after brief suspension Twitter accounts of Indian broadcaster NDTV and the country’s ANI news agency were restored on Saturday after both... Published 30 Apr, 2023 12:34pm
World India's Adani prepays $2.15 billion share-backed loans Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as... Published 12 Mar, 2023 10:21pm
World MSCI ESG raters flag governance risks at embattled Adani Group NEW YORK: MSCI ESG Research said on Friday it recently changed some of its environmental, social and governance... Published 12 Mar, 2023 05:55am