Gandhinagar: Number of Pakistani X handles have posted that Adani's Gujarat airport is destroyed in rocket attacks of Pakistan. Some X handles of Pakistan have also posted video showing fire and damage to unknown structure. However this is yet another dirty info war by Pakistan to misguide not just the people of India but the people of Pakistan as well. Adani airport at Mundra is perfectly alright and there has been no attack on it. Some X handles while posting this fake news also claims that...Read More

Gandhinagar: The Gujarat Chief Minister, who also holds the Revenue portfolio, stated today in response to a question in the state assembly that three land acquisition requests by the Adani Group in Ahmedabad and Gandhinagar are pending before the government. As per the Chief Minister’s reply to Congress party's query, three such requests are awaiting approval—one in Ahmedabad and two in Gandhinagar. The reply was circulated by the State Congress to media persons. The response elaborated t...Read More

Ahmedabad: The Competition Commission of India (CCI) has given its approval for Adani Infra’s acquisition of a 30.07% stake in PSP Projects Ltd. This move follows a significant portion of PSP Group’s order book being attributed to the Adani Group, which has become the largest contributor to the company’s order value. Ownership of PSP Projects is held through family trusts such as the PSP Family Trust, PPP Family Trust, and SSP Family Trust. Following Adani Infra’s acquisition, the Adani...Read More

Porbandar: The Drishti 10 Starliner drone, built at Adani Defence and Aerospace's Hyderabad facility, crashed off the Porbandar coast in Gujarat on Tuesday during its pre-acceptance trials. This Indian-assembled heavy-duty drone, built under license by Adani Defence and Aerospace in collaboration with Israel’s Elbit Systems, crashed into the sea during pre-acceptance trials near Porbandar. The medium-altitude, long-endurance (MALE) drone, based on the Hermes 900 Starliner, was being tested ...Read More

Ahmedabad: Adani Total Gas has hiked the CNG price by Rs. 1.50 per Kg. If we look at the rates in Ahmedabad city, the effective hike is from Rs. 78.98 earlier to Rs. 80.48 per Kg now, which is an increase of Rs. 1.50 per Kg with effect from 2nd January 2025. The rates varies according to locations. Last week, Gujarat Gas also imposed gas price hike. DeshGujaratRead More

New York: US prosecutors in New York have indicted Adani Group Chairman Gautam S. Adani, his nephew Sagar Adani, and six other individuals for allegedly offering over $250 million in bribes to Indian government officials. The bribes were reportedly intended to secure lucrative solar energy contracts with state electricity distribution companies in India. Rejecting the allegations, an Adani Group spokesperson stated, "The allegations made by the US Department of Justice and the US Securities a...Read More

The Indian power sector, in terms of the installed base, is assumed to rise from 418 gigawatts (GW) as of May 2023 to 692 gigawatts by 2028, accomplishing a compounded annual growth rate of 10.6%. Supported by government policies, an increase in electrical demands is expected to lead to this growth. Along with it, the electricity bill 2022 will act as a catalyst and proof to be a game changer. The amendment of this bill will allow revision in tariffs over a year. The Indian power sector, a...Read More

Ahmedabad: Adani Airport Holdings Limited (AAHL) is developing a City Side Development Project in Hansol, Sardarnagar, in Ahmedabad. The project will cover a site area of 15.16 acres (61,349.83 m²) and is set to feature a mixed-use development with a total built-up area of 2,43,590 m². Sardar Vallabhai Patel International (SVPI) Airport is adjacent to the project site in the southeast direction. The City Side Development Project will include various amenities, such as retail space comprisin...Read More

Ahmedabad: If the reports are to be believed, two Gujarat-based business groups, Adani and Torrent, are in talks with Luxembourg-based CVC Capital Partners to acquire the majority stake in the IPL's Gujarat Titans team. According to a report by the Economic Times, CVC is open to selling a majority stake while keeping a minority interest. This development comes as the Board of Control for Cricket in India's (BCCI's) lock-in period preventing new teams from selling stakes will end in February 2...Read More

Ahmedabad: Citing losses of approximately Rs. 400 crores due to the high prices of PNG supplied by Adani Total Gas Ltd (ATGL), the Gujarat Dyestuff Manufacturers Association (GDMA) will boycott the use of Adani's PNG for three days starting from April 10th. GDMA, which comprises 350 members in the city, alleges that ATGL has failed to pass on the benefits of the decrease in international gas prices to industries. According to GDMA, despite a significant 50% drop in international gas prices ov...Read More