Adani commits $15-20 billion annual capex over the next five years
Adani group chairman Gautam Adani has reaffirmed Adani Enterprises' ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years.
Adani group chairman Gautam Adani has reaffirmed Adani Enterprises' ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years.
Funds managed by BlackRock, the global investment behemoth, emerged as the largest subscribers of the USD 750-million private bond issuance by the Adani Group.
The group has submitted applications to acquire land in exchange for developing townships and an economic zone. All these applications are pending with the government.
India’s low-cost carriers will lead the shift to the Navi Mumbai Airport, the highly anticipated second airport for the commercial capital developed by billionaire Gautam Adani, as it targets a May opening.
These order wins have pushed up the company's market share in TBCB (tariff-based competitive bidding) orders to 24 per cent, from 17 per cent in the second quarter.
The company scored 68 out of 100, improving by three points compared to the previous year. APSEZ now stands in the 97th percentile within its sector, up from the 96th percentile in 2023.
Adani Enterprises Ltd (AEL) on Monday announced its decision to fully exit its consumer goods joint venture, Adani Wilmar, in which it holds a 44 per cent stake.
The Ministry of Ports, Shipping, and Waterways on Monday extended the approval for petroleum imports at Adani Krishnapatnam Port in Andhra Pradesh.