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Adani Enterprises News
Stock Market Holidays: Sensex, Nifty and other Indian indices closed on the occasion of Dussehra
Tue, Oct 08, 2019
Stock Market Holidays: On the occasion of Dussehra 2019 falling on October 8th, the Indian stock market will remain closed.
Total in talks to buy stake in Adani's LNG, city gas projects
Sun, Oct 14, 2018
French energy giant Total SA is in talks to buy up to half of Adani Group's stake in LNG projects in Gujarat and Odisha, an under-construction LPG import facility and in its city gas projects, sources privy to the development said. The French firm is keen on investing in fast growing gas market in India and finds Adani a suitable vehicle as it owns the crucial downstream infrastructure, they said.
Adani Power unable to provide viable coal off-take agreement for Carmichael: Report
Fri, May 04, 2018
Adani Power Ltd statement said the consolidated total income for the year FY18 stood at Rs 21,093 crore as compared to Rs 23,034 crore in FY17. The consolidated total income for the quarter was Rs 4,161 crore as compared to Rs 6,587 crore in the corresponding quarter in the previous year. Consolidated EBITDA for the year stood at Rs 6,174 crore from Rs 6,391 crore in FY17. Consolidated EBITDA for the quarter was Rs 1,399 crore, as compared to Rs 1,556 crore in the corresponding quarter in the previous year.
Adani Enterprises signs coal mining pact with NLC India
Mon, Mar 26, 2018
NLC had floated a tender for selection of MDO for development and operation of the two Talabira blocks in November 2017 and reverse auction was conducted in January, wherein TOMPL became the successful bidder.
Adani Enterprises Q3 profit rises 3% to Rs 350.55 crore
Thu, Jan 18, 2018
Adani Enterprises today reported 3.11 per cent increase in consolidated net profit to Rs 350.55 crore for the third quarter ended December, 2017-18. The Adani group flagship had clocked a net profit of Rs 339.95 crore in the October-December quarter of the previous fiscal, 2016-17.
Adani Group shares pares losses as BJP takes lead in Gujarat Assembly poll results
Mon, Dec 18, 2017
SAIL''s mining plans in lush forest may be nixed: Sources
Thu, Dec 07, 2017
Steel Authority of India Ltd (SAIL) was banking on the mine in the country`s east to supply a big chunk of its raw material needs for a multi-billion-dollar expansion of its steel production capacity.
China's top two banks won't lend to Adani's Australian coal mine
Mon, Dec 04, 2017
China`s two biggest banks said they do not plan to finance a controversial Australian coal mine, in the latest blow to Indian conglomerate Adani Enterprises` long delayed project.
Adani at odds over royalty negotiations for Australian coal mine
Sun, Sep 03, 2017
Adani announced on Monday it would start work in October on the project using A$400 million ($319 million) of its own funds, even as it looks to lock in financing for the controversial mine.
Adani Enterprises' $16.5 billion coal project in Australia is a go
Tue, Jun 06, 2017
Adani said, "I am proud to announce the official start of one of the largest single infastructure and job creating developments in Australia's recent history." The project is expected to generate over 10,000 jobs with the work beginning post September 2017.
Adani has to pay royalties in full for Carmichael coal mine project, says Australia's state premier Annastacia Palaszczuk
Sat, May 27, 2017
Queensland state Premier Annastacia Palaszczuk has said on Saturday that the Adani Enterprises would not get any exemption or discounted rates on royalties for its Carmichael coal mine project in Australia and has to pay the royalties in full.
Gautam Adani to finalise Australia coal investment plan by June
Sun, Mar 19, 2017
Gautam Adani, expressed optimism the project would proceed and said the board would take a final decision on investments in May or June, including structure and planned funding.
Adani Enterprises' Q3 net profit up nearly 62% to Rs 339.96 crore
Tue, Feb 14, 2017
Adani Enterprises' net profit for the October to December quarter of FY17 increased by 61.72% to Rs 339.96 crore as against Rs 210.22 crore in the October to December quarter of FY16.
India-backed Australia mega coal mine to start work mid-2017
Tue, Dec 06, 2016
A controversial India-backed Aus$21.7 billion (US$16 billion) giant coal project near Australia`s Great Barrier Reef is set to start construction by the middle of next year, the miner said Tuesday.
Adani secures milestone in planned $16 billion Australian coal project
Mon, Dec 05, 2016
Adani Enterprises Ltd reached a milestone on Monday in its bid to build a controversial $16 billion coal project in northern Australia, winning approval for part of a rail link to service the planned mine.
Adani Enterprises rises over 1% on Australian court judgement
Mon, Aug 29, 2016
The challenge came from the Australian Conservation Foundation (ACF). This is another legal hurdle cleared by the company.
Adani Enterprises consolidated net profit remains flat at Rs 364 crore
Wed, Aug 10, 2016
Gautam Adani, Chairman of Adani Group said, "Adani Enterprises continue to focus on the sectors of national interest through presence in critical and often under penetrated spaces."
Adani Enterprises plans to set up 1 MT copper plant in Mundra; to invest Rs 10,000 crore
Wed, Jun 08, 2016
The project includes copper smelter, sulphuric acid plant, copper refinery, continuous cast copper wire rod plant, precious metal recovery plant, phosphoric acid plant, aluminium fluoride plant among others, according to Experts Appraisal Committee (EAC) under the Ministry of Environment and Forests (MoEF).