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Adani Enterprises to invest Rs 25,000 crore in Chhattisgarh

Last Updated: Monday, August 24, 2015, 19:21

Adani Enterprises, the flagship firm of Adani Group, has inked a pact with the Chhattisgarh government to invest over Rs 25,000 crore for setting up urea and power project as well as rice bran oil extraction plant in the state.

Adani Group firms get nod to raise up to Rs 26,000 crore

Last Updated: Wednesday, August 12, 2015, 22:49

Three Adani Group firms -- Adani Power, Adani Enterprises and APSEZ -- have received approval of shareholders to raise up to Rs 26,000 crore to expand business operations and manage capital expenditure.

Adani Power gets shareholders' nod to raise Rs 10,000 crore

Last Updated: Wednesday, August 12, 2015, 15:52

Adani Power has got shareholders' approval to raise up to Rs 10,000 crore through issuance of shares, bonds or other securities, including for investments in various businesses.

Adani Power reports Q1 net loss at Rs 417.58 crore

Last Updated: Monday, August 10, 2015, 17:15

The company had reported a consolidated net loss of Rs 303.29 crore for the quarter ended June 30, 2014, Adani Power said in a BSE filing.

Tata Power eyes stressed assets for growth: Cyrus Mistry

Last Updated: Thursday, August 6, 2015, 19:30

At the peak of project delays during the previous regime, due to lack of fuel linkages and green clearances, Tata Power had gone public.

Adani Power bags 3 transmission projects, Sterlite Grid gets 1

Last Updated: Wednesday, July 15, 2015, 19:43

"Adani Power has been the lowest bidder for three power transmission projects -- Chhattisgarh A, Chhattisgarh B and Sipat. Sterlite Grid is the lowest bidder for Maheshwaram transmission project," a source said.

Mine clearance status of companies up for govt review

Last Updated: Sunday, June 28, 2015, 12:12

The Coal Ministry this week will hold a review meeting with companies, including Adani Power, Essar Power and GMR, to evaluate status of transfer of various clearances and schedule of opening of coal mines allocated to them through auction recently.

IDBI Trusteeship acquires 6.44% equity shares of Adani Power

Last Updated: Thursday, June 18, 2015, 20:42

IDBI Trusteeship Services Limited has acquired 6.44 percent shares of Adani Power after it invoked pledges on 18.49 crore shares of the company on June 17.

Adani Enterprises shares fall on demerger

Last Updated: Wednesday, June 3, 2015, 17:27

In a major recast of operations, diversified Adani group had in January this year consolidated its ports, power and mining assets into three separately listed firms and would list a new company for transmission business.

Adani Enterprises to exit S&P BSE indices from June 3

Last Updated: Thursday, May 28, 2015, 19:18

Adani Enterprises would be excluded from S&P BSE indices with effect from June 3 amid the demerger of the group's ports, power and mining businesses.

BSE drops Tata Power from Sensex; Lupin to come in

Last Updated: Friday, May 22, 2015, 19:31

Private sector electricity producer Tata Power will move out of the stock market benchmark index Sensex and will be replaced by drugmaker Lupin.

Adani Power tanks over 6% as Q4 net skids

Last Updated: Tuesday, May 12, 2015, 12:52

Shares of Adani Power on Tuesday tumbled over 6 percent after the company reported 71.72 percent plunge in consolidated net profit for the quarter ended March 2015.