New Delhi: For years they tiptoed around each other but now the groups led by billionaires Mukesh Ambani and Gautam Adani will for the first time be in direct competition when they later this month participate in the auction of airwaves capable of providing fifth generation or 5G telecom services. But the rivalry between the […]
Hyderabad: The meticulously constructed ‘pure as white’ image that Prime Minister Narendra Modi donned for the past eight years seems all set to crumble with several skeletons smacking of favouritism towards the Ambani and Adani Groups tumbling out of the cupboard now. What is striking is that Modi’s foreign jaunts, touted by the ruling BJP […]
Ahmedabad: The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd’s entire stake in two of Indias leading cement companies -Ambuja Cements Ltd and ACC Ltd. Holcim, through its subsidiaries, holds 63.19 per cent in Ambuja Cements and 54.53 per cent […]
Visakhapatnam: Former Energy Secretary EAS Sarma has demanded the government to revoke the tax exemption notifications for Adani and Hindujas forthwith. In a letter addressed to the Chief Secretary of Andhra Pradesh Government, Sameer Sharma, on Monday, he also demanded an independent enquiry into the concessions given to the Adani and the Hinduja Groups in […]
New Delhi: Adani Groups subsidiary Adani Enterprises on Monday reported an attributable consolidated net loss of Rs 12 crore due to losses in developing business. The company had posted a net profit of Rs 297 crore in Q3FY21. The ccompany’s total income increased to Rs 18,963 crore due to improved realisation on the back of […]
Visakhapatnam: The Communist Party of India (Marxist) has strongly decried the attempts of the Andhra Pradesh government to sell 130 acres of land in the city to Adani for a song. According to CPM district secretary K. Lokanadham and Greater Visakha city secretary M. Jaggunaidu, the land under survey no.409 in Madhuravada in the city […]
Kothagudem: The newly introduced Central farm laws were harmful to the country and farmers, said noted film actor, director and producer R Narayana Murthy. Speaking at a meeting held at the CPM office in Bhadrachalam in the district on Wednesday, he said that during the Covid crisis, all the people across the country wore masks […]
Shares of Adani Transmission dived 5 per cent, Adani Total Gas Ltd dipped 5 per cent, Adani Power slumped 4.97 per cent and Adani Green Energy declined 3.10 per cent.
The NSDL website reportedly showed the accounts of Albula Investment Fund, Cresta Fund and APMS Investment Fund as being frozen without citing a reason.
