SLPA confirms stability of Adani Group’s Colombo Terminal Project
COLOMBO : Sri Lanka Ports Authority has reaffirmed its commitment for Adani Port and Special Economic Zone’s Colombo West International Project. In a statement, SLPA Chairman Admiral Sirimewan Ranasinghe (Retd) has emphasised that there
Adani Group commits additional $1.2 Billion to Kerala Deep-Sea Port Development
KOCHI : Adani Group’s ports business will invest an extra $1.2 billion in a long-delayed deep-sea facility in India’s southern state of Kerala, its local government said on Thursday. The deal comes after Adani
Tanzania to keep agreement with Adani Group for container terminal despite US indictment
DAR-ES-SALAAM : Tanzania plans to honour its contracts with an Adani Group unit despite a US indictment of its billionaire Chairman Gautam Adani on accusations of bribery and fraud, a senior official at the ports authority
No money given to Adani so far for Sri Lankan port project, says US development agency
MUMBAI ; The US International Development Finance Corporation (DFC), which last year committed a half-a-billion-dollar loan to the Adani Group for developing a port in Sri Lanka, has not yet disbursed any money to
Adani Group reports record first half — Over $6 Billion parked with Indian Banks
AHMEDABAD : The Adani Group portfolio companies posted a record first half in the ongoing financial year as well as trailing twelve months performance, led by its incubating businesses with limited net exposure to
Adani’s Sri Lanka Port Project under scrutiny as US Agency conducts due diligence
COLOMBO : US international development finance corporation, which is partially funding the Colombo port terminal in Sri Lanka, is employing due diligence on the project after the allegations against the Adani Group Chairman by the US
Adani Group stock crash sparks concerns over Vizhinjam Seaport’s future
THIRUVANANTHAPURAM : The charges filed against billionaire Gautam Adani and seven others in an alleged multibillion-dollar bribery and fraud scheme in the United States have cast doubt on the Adani Group’s commitment to the
Adani Foundation donates ₹100 crores towards Young India Skills University in Telangana
TELENGANA : Adani Foundation has donated ₹100 crore cheque towards the establishment of Young India Skills University in Telangana. A delegation from the foundation led by Chairperson of Adani Group, Gautam Adani, met with Chief Minister