Business

Adani Enterprises Ltd Q1 FY22 Results

August 5, 2021 sanket

Completed acquisition of Mumbai International Airport Consolidated EBIDTA increased by 215% to Rs. 948 crore (YoY) Attributable Profits increased by 8 times to Rs. 271 crore (YoY) Operational Highlights Q1 FY22 (YoY Basis):         a) Developing Business:- Completed acquisition of Mumbai International Airport Handled 3.5 Mn Passengers in four operation Airports Signed […]

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Business

Adani Total Gas Q1 FY22 Results: Net profit jumps three-fold to Rs 138 cr in June quarter

August 5, 2021 sanket

Revenue from Operations – INR 522 Cr increase of 153% EBITDA – INR 215 Cr increase of 151% CNG Stations increased to 224 Operational Highlights Q1FY22 (Standalone) Y-o-Y: CNG Stations increased to 224, with commissioning of 7 New CNG Stations PNG Home Connection increased to 88 Lacs with addition of 9,223 new connection Industrial & […]

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Business

AGEL reports highest Revenue and Cash Profit ever in a quarter

August 4, 2021 sanket

Revenue from Power Supply up by 39% YoY at Rs. 848 cr Cash Profit up by 35% at Rs.460 cr Renewable projects of 200 MW commissioned in Q1 FY22 under existing portfolio AGEL in the process of acquiring SB Energy’s 5 GW India renewable portfolio for a fully completed EV of USD 3.5 billion – […]

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Adani Ports and Special Economic Zone (APSEZ) becomes India’s first infrastructure company to raise 20-year money from international markets

July 27, 2021 sanket

Adani Ports and Special Economic Zone (APSEZ) raises USD 750 Mn. of dual tranche 10.5-year and 20-year unsecured bonds in global capital markets Issuance increases the average life of long-term debt to over 7 years and reconfigures the ratio of APSEZ’s debt from overseas investors from 69% to 73% Marquee investors participated in APSEZ’s senior […]

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Business

Adani Transmission’s entity Adani Electricity Mumbai is First in India’s Energy Sector to Issue Sustainability Linked Bonds

July 23, 2021 sanket

Launches USD 2 billion Global Medium-Term Notes Program, first takedown oversubscribed by 9.2x Adani Electricity Mumbai Limited (AEML) announces USD 2 billion Global Medium-Term Notes Program (GMTN) program. First ever GMTN program by an energy utility player in India Prices the maiden sustainability linked takedown of USD 300 Mn, attracts significant interest from high quality […]

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Business

Adani Group partners India’s Olympic Contingent

July 23, 2021 sanket

Amit Panghal, Deepak Punia & Rani Rampal among 7 top athletes at the Tokyo Olympics supported by the Adani Group’s Garv Hai initiative, as part of the Group’s long-term sports incubation programme. Garv Hai is the Adani Group’s long-term incubation programme to nurture India’s next generation of sporting champions 19 athletes with strong potential were […]

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Business

“Airport Garba” & Tragedy of a Derailed Engine

July 22, 2021 sanket

Dr. Shirish kashikar Ahmedabad, July 22, 2021: After a long time once again MNS i.e. Maharashtra Navniraman Sena chief is back in limelight, for obvious reasons of community bashing. This time he has targeted “Adani group”. He is indirectly targeting Gujarati community by creating an unnecessary ruckus on a cultural event happened on Adani owned Mumbai […]

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Business

Adani Group strongly believes in compliance of applicable laws: Adani Group Spokesperson

July 19, 2021 sanket

Adani clarifies about SEBI & DRI investigation by issuing a media statement Ahmedabad, July 19, 2021: With reference to the news item about the investigation by SEBI in Adani Group companies with respect to the compliance of SEBI Regulations. Further, the reports also refers to the DRI investigation. In this respect, we would like to […]

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Business

Adani group hits 100 billion market cap, a first for a first generation Indian company: Gautam Adani

July 12, 2021 sanket

Mr. Gautam Adani, Chairman, Adani Group, AGM 2021 Address Dear Shareholders, Much as I would have liked to have welcomed you all in person, the current safety measures appear to have made these virtual meetings the new normal. However, I am optimistic that our AGM of 2022 will be an in-person meeting and I will […]

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Business

Finance ministry gets bigger, Govt brings Department of Public Enterprises (DPE) under finance ministry

July 7, 2021 sanket

Finance Ministry will now have six departments while DPE’s hereto parent ministry, the Ministry of Heavy Industries and Public Enterprises will now be called the Ministry of Heavy Industries. New Delhi: The government has brought Department of Public Enterprises (DPE) under the finance ministry. It will give it a better control over state-owned firms and […]

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