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Adani Energy Solutions Ltd (AESL) has secured a Rs 2,800 crore power transmission project in Gujarat. The company announced on Friday that the project will be completed within 36 months and will supply green electrons for the production of Green Hydrogen and Green Ammonia in Mundra. AESL, part of the Adani Portfolio and India’s largest […]
The Adani Group is set to enter Indian professional golf with the launch of the Adani Invitational Golf Championship 2025 in partnership with the Professional Golf Tour of India (PGTI), the official sanctioning body of men’s professional golf in India. The tournament will take place at the Jaypee Greens Golf & Spa Resort in Greater […]
Mumbai International Airport Limited (MIAL), a subsidiary of Adani Airport Holdings Limited (AAHL) and operator of Chhatrapati Shivaji Maharaj International Airport (CSMIA), has proposed the introduction of a User Development Fee (UDF) to fund infrastructure development and technological enhancements. The proposal, submitted to the Airport Economic Regulatory Authority (AERA), suggests a fee of Rs 325 […]
A considerable decline in imports has led to India’s goods trade deficit dropping to $14.05 billion in February from $22.9 billion in January, the lowest since August 2021, indicating a slowdown in economic activity. The fall in imports could signal a low domestic demand. The Commerce Ministry reports that although exports fell 11% to $36.91 […]
Ahmedabad-based Torrent Group has completed the acquisition of a 67% controlling stake in the Indian Premier League (IPL) franchise Gujarat Titans. The majority stake was purchased from Irelia Company Pte Ltd, a private equity fund managed by CVC Capital Partners, which previously held full ownership of the franchise through Irelia Sports India Pvt Ltd. The […]
The Navi Mumbai International Airport is scheduled for inauguration in June, Adani Group Chairman Gautam Adani announced on Sunday. The inauguration was initially set for April 17. The greenfield airport, the second in the Mumbai Metropolitan Region after Chhatrapati Shivaji Maharaj International Airport, is being developed by a special purpose vehicle, NMIAL. The project is […]
Socialite Shalini Passi, wife of businessman Sanjay Passi, has been summoned by the Meerut unit of the Directorate General of GST Intelligence (DGGI) for questioning on Thursday in connection with an alleged case of GST evasion. According to a media outlet, the case involves Pasco Motors LLP, a company in which Shalini Passi was a […]
Jio on Wednesday announced a partnership with Elon Musk’s SpaceX to offer Starlink internet services in India, a day after Airtel revealed a similar agreement. The collaboration will see Jio distributing Starlink solutions through its retail outlets and online platforms. However, the agreement is contingent on SpaceX securing the necessary authorisations to sell Starlink services […]
Airtel on Tuesday announced a partnership with SpaceX to introduce Starlink’s high-speed internet services to its customers in India. This marks the first agreement of its kind in the country, though it is contingent upon SpaceX obtaining the necessary authorisations to sell Starlink services in India. The partnership aims to explore how Starlink can complement […]
Adani Ports and Special Economic Zone (ADSEZ) is strategically positioned to benefit from India’s long-term growth trajectory, according to a report by Macquarie Equity Research. The report identified ADSEZ’s diversified port operations, robust cargo mix, and integrated logistics network as key strengths contributing to its resilience and capacity for long-term expansion. It stated, “ADSEZ is […]
Fitch Ratings has removed Adani Energy Solutions Ltd (AESL) from its ‘Ratings Watch Negative’ list, marking the first upgrade by an international ratings agency since the US indictment involving the Adani Group. The agency affirmed AESL’s long-term foreign and local-currency issuer default ratings (IDRs) at ‘BBB-‘. “The ratings have been removed from Rating Watch Negative […]
A delegation of women envoys from nine countries, including Luxembourg, Romania, and Slovenia, reviewed Adani Group’s renewable energy and other projects in Gujarat, highlighting female workforce participation at these facilities. During their visit to Adani Green Energy’s 30-GW clean energy plant at Khavda in Kutch district on Friday, the envoys interacted with women engineers and […]
The chemicals division of Godrej Industries has launched a knowledge-sharing platform in Ahmedabad, which will be replicated in Delhi, Mumbai, Bengaluru, Kolkata, and other cities in the months to come. Named Samagam, the platform aims to bring together scientists, manufacturers, distributors for half-day interactive sessions. Addressing a news conference in the city on Friday, Vishal Sharma, Executive […]
The Adani Group on Tuesday announced the launch of its latest film, “Journey of Dreams,” as part of its “Hum Karke Dikhate Hain” series. The film highlights the transformative role of Adani Ports and pays tribute to the determination and resilience of India and its people. According to a statement from the Adani Group, the […]
Adani Green Energy Ltd (AGEL) on Monday announced that it has refinanced its maiden Construction Facility with an outstanding amount of USD 1.06 billion. The facility, initially taken in 2021, was used to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan. The company stated that the long-term financing raised for refinancing has a door-to-door […]
Joginder Sanger, a prominent British Indian hotelier, passed away in London on Friday night at the age of 82. As per media reports, he died surrounded by loved ones after being hospitalised due to a stroke. Born in Jalandhar, India, Sanger’s journey to success began in the United Kingdom, where he initially launched a travel […]
Adani Green Energy Limited (AGEL) on Tuesday received a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW of energy storage capacity from Pumped Hydro Storage Projects (PSP). The project, named Panaura PSP, will be located in the Sonbhadra district of Uttar Pradesh and is expected to be completed within […]
The Gujarat Chamber of Commerce & Industry (GCCI) on Thursday announced the first-ever GCCI Gujarat Sustainability Summit 2025, which will take place on March 1. Organised by the GCCI’s Environmental, Social and Governance (ESG) Task Force, the event aims to facilitate discussions on sustainability within the industry and promote the adoption of sustainable practices across […]
Anant Ambani’s Vantara has been conferred with the ‘Prani Mitra’ National Award, India’s highest honour in animal welfare, by the Government of India in the ‘Corporate’ category. The award recognises the contributions of the Radhe Krishna Temple Elephant Welfare Trust (RKTEWT), an organisation under Vantara dedicated to the rescue, treatment, and lifelong care of elephants. […]
Ahmedabad-based construction chemical brand Vura Bau-Chemie LLP has appointed former Indian cricket captain Sourav Ganguly as its brand ambassador and mentor. The company announced the partnership as it aims to strengthen its position in the construction chemical industry. Sourav Ganguly expressed his enthusiasm for the collaboration, stating, “I am thrilled to be associated with Vura, […]
