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Adani confident of FPO sailing through; SEBI, other regulatory bodies probing sell-off

New Delhi, Jan 29 (PTI) Richest Asian Gautam Adani’s group on Sunday expressed confidence that the Rs 20,000 crore follow-on share sale of its flagship firm will sail through despite a massive hammering of the conglomerate’s stocks following a scathing report by a US-based short seller. Group CFO Jugeshinder Singh said no change in offering […]

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Sensex falls 1,100 points and Nifty around 17,550

Today Sensex plunges 1,100 points, Nifty around 17,550; Adani group stocks under pressure. Equity benchmarks sensex and Nifty fell on Friday dragged down by banking shares. From the Sensex pack, ICICI Bank, HDFC, Axis Bank, State Bank of India, Sensex slips over 1,100 points in closing trade. Adani Enterprises’ follow-on public offering (FPO), the largest […]

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Sea Xpress, Panama-flagged vessel, tilted at a terminal operated by DP World in Mundra Port; safety followed as per SOP

At around 1 pm on 7 Jan 2023, the Sea Xpress, a Panama-flagged vessel, tilted at aterminal operated by DP World in Mundra Port. As soon as we received the information, emergency protocols were activated. Asper our SOP on preparedness, we responded by deploying tugs and our marine teamand our port management rushed to the […]

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Adani Green Becomes World’s Largest Wind-Solar Hybrid Power Developer

Adani Green Energy Ltd commissions 450 MW wind-solar hybrid power plant in Rajasthan Plant has 25-year Power Purchase Agreements (PPA) with SECI at Rs 2.67/kWh Adani Green Energy Ltd’s total operational renewable capacity now increases to7.17 GW, including operational wind-solar hybrid capacity of ~1.4 GW at a single location Ahmedabad, 05December2022: Adani Green Energy Ltd (AGEL), […]

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On Gandhi Jayanti Bhupendra Patel paid homage to Mahatma Gandhi at Kirti Temple in Porbandar

Gandhi Jayanti event celebrated in India to mark the birth anniversary of Mahatma Gandhi. It is celebrated annually on 2 October. Today on 2nd October, Gujarat Chief Minister Bhupendra Patel paid homage to Mahatma Gandhi at Kirti Temple in Porbandar, the birthplace of Mahatma Gandhi. Presence of dignitaries including incharge minister Raghavji Patel in all […]

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Adani CNG price hike by Rs 1.99 per kg: Auto drivers’ demand for subsidy and tax reduction

Today in AHMEDABAD, Adani CNG price has increase by Rs.1.99 per kg, Auto rickshaw drivers demand CNG gas subsidy and tax reduction to reduce CNG price. In this year May, 11 auto-rickshaw drivers’ unions went on a day-long strike to protest against the recent hike in the price of compressed natural gas (CNG) by Adani […]

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Adani Gas Limited Announces for Q2 FY21: Revenue from operations at Rs 441 Crores

BY DARSHANA JAMINDAR Adani Gas Limited announces Q2 FY21 Results Registers highest ever EBITDA of INR 218 Cr 13% rise in PAT YoY Revenue from operations at INR 441 Cr Operational Highlights Q2 FY21 (Standalone): Uninterrupted gas supply (24X7) maintained during the quarter with adoption to the rapidly changing environment Despite continued COVID-19 impact, combined […]

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Gujarat Congress sharply objects on elimination of Sardar Patel’s name from Ahmedabad Airport

Today Gujarat Congress President Amit Chavda sharply objects on elimination of Sardar Patel’s name from Ahmedabad Airport and displaying Adani airports through his tweeter handle. https://www.facebook.com/AmitChavdaINC/videos/889654125116257 President Chavda held a press conference to address the issue to media on removing name of Sardar Patel from Ahmedabad Airport. Chavda added that it is intention of this […]

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​​Adani Wilmar’s Fortune edible oil now in Environment Friendly pack

​​Adani Wilmar’s Fortune edible oil now in Environment Friendly pack The edible oil manufacturer, Adani Wilmar has announced that it will undertake a gradual overhaul of its edible oil packaging with a new all-PE laminate packaging to make it entirely recyclable from the first quarter of FY 2018-19. Currently, Adani Wilmar sources nearly 300 metric […]