Adani group controlled-Chhatrapati Shivaji Maharaj Worldwide Airport, dealt with 4.36 million passengers in April, up 9 per cent on yr with each home and worldwide passenger segments seeing a development. There was a 42 per cent rise in passenger site visitors from April 2022 and 131 per cent restoration from April 2019. The airport witnessed … Read more
Adani Enterprises’ airport arm has witnessed an 111 per cent enhance in PBT in This autumn of FY24 at ₹29 crore as in opposition to a lack of ₹275 crore in the identical quarter final fiscal. The airport phase, additionally decreased its yearly losses in FY24 to ₹64 crore (₹538 crore). The airports arm has … Read more
US prosecutors have widened their probe of Adani Group to concentrate on whether or not the corporate might have engaged in bribery in addition to the conduct of the corporate’s billionaire founder, in accordance with individuals with direct information of the matter. Investigators are digging into whether or not an Adani entity, or individuals linked … Read more
Cement firms have been hit laborious within the June 2022 quarter, with mixture income for listed gamers falling about 22 per cent yr on yr. Whereas fairly good quantity development and worth will increase helped mixture gross sales develop 24 per cent yr on yr, value pressures, particularly from rise in energy and gas prices, … Read more
Adani Group will make investments ₹60,000 crore over the subsequent ten years to develop its airports into aviation hubs and industrial sights for metropolis residents. Additionally learn: Adani pulls out all stops to make Dharavi slum rehabilitation clean At current, the group operates seven airports within the nation and has one below building in Navi … Read more
After investing within the Adani Group and another firms in India, the US-based funding agency GQG Companions has acquired a major chunk in Bharti Airtel, shopping for 0.8 per cent direct stake from Singtel for S$950 million ($712.5 million). Singapore Telecommunication mentioned in a regulatory submitting that it bought 0.8 per cent stake in its … Read more
Residents of Asia’s largest slum, Dharavi in Mumbai, will get residences with unbiased kitchens and bathrooms measuring a minimal 350 sq. ft, the very best carpet space and 17 per cent greater than what different slum redevelopment tasks within the metropolis are providing. Dharavi Redevelopment Challenge, a three way partnership between the Adani Group and … Read more
The opening date for the Navi Mumbai airport has been rescheduled as soon as extra. Civil Aviation Minister Jyotiraditya Scindia introduced that business actions on the airport will start in March 2025, as acknowledged on January 13. “Internally December finish continues to be the goal and we’re pushing for it. There’s a projection which … Read more
An Adani Group three way partnership with EdgeConneX is in talks with a gaggle of world lenders to boost as a lot as $400 million by way of an offshore mortgage, which often is the firm’s second such transaction since June. Knowledge centre supplier AdaniConneX Personal Ltd. will use the cash to fund its development … Read more
The Adani Group, which is enterprise the redevelopment of Mumbai’s Dharavi, one of many largest slum clusters on this planet, has roped in high-profile planners and designers from India and around the globe — they are going to assist in designing and conceptualising the grasp plan. The Dharavi Redevelopment Venture Pvt Ltd (DRPPL) might be working … Read more