Australia’s government has indicated strong backing for a loan of almost 1 billion Australian dollars for Indian conglomerate Adani Group to build the world’s largest coal mine, despite projections of a global glut of the commodity and
Shares of Adani Group companies are in focus with all four listed companies – Adani Ports and Special Economic Zone, Adani Enterprises, Adani Power and Adani Transmission – trading at their respective 52-week highs on the BSE.
Rating agency Crisil has named Adani Port and Special Economic Zone Limited (APSEZ) as non-cooperative issuer. Adani group unit failed to provide information for rating action despite repeated attempts to garner data.
Andhra Pradesh government is planning to hold negotiations with Adani Group before taking a final call on the bid submitted by the company for the development of green-field Bhavanapadu port project in north coastal district of Srikakulam.
Indian energy giant Adani today said it will start construction at the 21.7 billion dollars Carmichael mine in Australia by the middle of next year and vowed to give priority local workers for the project, which is expected to generate some 10,000 jobs.
Adani Enterprises' $16 billion Carmichael mine in Australia's Queensland state is "back on track", with early construction work due to start in June or July next year, Adani Australia chief executive Jeyakumar Janakaraj said on Tuesday.
Fitch Ratings on Monday said Adani Ports and Special Economic Zone (APSEZ) is looking to deleverage further on the back of higher income, loan recoveries and capital expenditure, and will also see a 14% annual increase in its cargo volume over next four
Adani Ports and Special Economic Zone (SEZ) has moved higher by 4% to Rs 267 on the National Stock Exchange (NSE) in intra-day trade after the Reserve Bank of India (RBI) said that Foreign Institutional Investors (FIIs) can now invest up to 49% in the
Adani Ports and Special Economic Zone (APSEZ) on Tuesday said its arm APO has inked a pact to acquire Australian firm APO which operates and maintains Abbot Point Coal Terminal in Queensland, for an estimated AUD 19.25 million (about Rs 97.5 crore).
Gautam AdaniAbbot Point Operations Pty Ltd (APO), the Australian subsidiary of Adani Ports and Special Economic Zone Limited (APSEZ) on Monday announced that it has entered into an agreement to acquire ownership of Abbot Point Bulkcoal Pty Ltd (APB).
After its recent closing low of 171 due to weak volumes in the business, analysts were perturbed on the way ahead for Adani Ports and Special Economic Zone. However, big investors were thinking differently.
After its recent closing low of Rs 171 due to weak volumes in the business, analysts were perturbed on the way ahead for Adani Ports and Special Economic Zone. However, big investors were thinking differently.
Adani Ports and Special Economic Zone (APSEZ) has rallied 6% to Rs 272, extending its past three trading days gain on the BSE after the company reported a good set of numbers for the quarter ended June 30, 2016 (Q1FY17).
Adani Ports and Special Economic Zone (APSEZ) has rallied 5% to Rs 252 on the BSE in early morning trade after the company reported 31% year-on-year (YoY) jump in its consolidated net profit at Rs 836 crore for the quarter ended June 30, 2016 (Q1FY17).
In the first quarter ended June 30, 2016 financial results announced on Tuesday, Adani Ports and Special Economic Zone Ltd (APSEZ) posted a 2.1 per cent fall in its standalone net profit for the period, the company informed BSE in its filing.
The Ministry of Environment, Forests and Climate Change has stated that the inference drawn by a report published in Business Standard on July 2 ("Govt cancels Rs 200-crore green fine on Adani") is not correct.