DARK SECRETS: 3 - The Real Truth

NCLAT upheld Adani Power bid for Korba West Power; asks Shapoorji Pallonji & Co to pursue arbitration for claims

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has upheld the 2019 Resolution Plan of Adani Power's bid for Korba West Power and has asked Shapoorji Pallonji Co to pursue arbitration proceedings for pending claims.

The Times of India · Feb 27, 2023

Adani stock rout has room to run as charts show 85% call still valid

MUMBAI: The rout in Adani group shares has room to run based on charts that show key stocks in Gautam Adani’s empire may still extend declines to the 85% downside flagged by Hindenburg Research.

The Times of India · Feb 23, 2023

Adani Power Q3 profit plunges 96% to Rs 9 crore

NEW DELHI: Adani Power on Wednesday reported 96 per cent decline in consolidated net profit at Rs 8.77 crore for December quarter 2022-23 mainly on the back of higher expenses.

The Times of India · Feb 8, 2023

NGT imposes ₹52 crore penalty on Adani power plant for environmental pollution in coastal Karnataka

MoEFCC also directed to get fresh studies on carrying capacity and environment impact done before permitting further expansion

The Hindu · Jun 2, 2022

What is the MSCI India Index and why it matters

NEW DELHI: Global indices service provider MSCI had earlier this month announced a couple of inclusion and exclusion, along with changes in weightages of a few Indian stocks, which has influenced flows in these stocks. While it has added four stocks to its MSCI India index, namely Tata Elxsi, Adani…

The Times of India · Jun 1, 2022

Adani Power net profit surges to Rs 4,645 crore in Q4

NEW DELHI: Adani Power's consolidated net profit jumped to Rs 4,645.47 crore in the March quarter from Rs 13.13 crore in the year-ago period, mainly on the back of higher revenues.

The Times of India · May 5, 2022

Adani Wilmar becomes 7th Adani Group company to cross Rs 1 lakh crore market capitalisation

NEW DELHI: Adani Wilmar became the 7th companies within Adani group to cross Rs 1 lakh crore market capitalisation mark.

The Times of India · Apr 26, 2022

Dry forecast, 2,200 MW power shortfall making Haryana sweat

CHANDIGARH: Summer has come a month earlier and the predictions of dry spells are making Haryana sweat because the state has inadequate power backup. After failing to add own capacity, Haryana Power Generation Corporation Limited (HPGCL) now cries before Haryana Electricity Regulatory Commission (HERC) for justice, making the situation worse.

The Times of India · Apr 25, 2022

Indian Energy Tycoon Just $3B Behind Warren Buffett On Global Rich List As Power Arm Hits Key Milestone

While the Indian stock market slid into the red on Monday with other Asian peers, the stocks of the listed Adani companies continued to defy the market and hit new milestones. In a recent surge, the power, and energy arm of the Adani conglomerate, the Adani Power, crossed INR 1…

Benzinga · Apr 25, 2022

Imported coal based power plants get fuel cost relief till December

NEW DELHI: The power ministry has allowed independent power producers (IPPs) burning imported coal to pass on the higher fuel costs till December with a view to restarting stalled capacity as domestic coal-based generation stations across the country struggle to cope with rising demand because of low fuel inventories, sources…

The Times of India · Apr 19, 2022