Adani Group
Adani’s Mundra Petrochem project
The Adani Group’s Mundra Petrochemicals project has been suspended as part of the Group’s “comeback strategy” to regain investor confidence amidst allegations of accounting fraud and corporate governance lapses. The project aimed to set up a greenfield coal-to-PVC plant at ..
Month: Current Affairs - March, 2023
Category: Economy & Banking Current Affairs
Hinderburg Research Report on Adani Group
The Hinderburg is a research company conducting financial research in different parts of the world. Hinderburg recently released its research report on the world’s third richest man and his business firm the Adani Group. According to the report, Adani was ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs
Adani Group takes over Mumbai Airport
Adani Group led by Gautam Adani has completed the takeover of ‘Mumbai International Airport’ from GVK group. Key points With this takeover, Adani group has become the top company in terms of airport infrastructure companies in India. India is going ..
Month: Current Affairs - July, 2021
Why is Kerala opposing the leasing out of Thiruvananthapuram Airport to Adani Enterprises?
A resolution has been passed by the Kerala Assembly with the demand for the withdrawal of the decision of the Union Cabinet to lease out the Thiruvananthapuram airport to Adani Enterprises. Earlier, the proposal for leasing out three airports i.e. ..
Month: Current Affairs - August, 2020
Cabinet approves proposal to lease out Jaipur, Guwahati and Thiruvananthapuram airports for 50 years
The proposal for leasing out three airports i.e. Jaipur, Guwahati, and Thiruvananthapuram through the PPP model for 50 years has been approved by the Union Cabinet. Key highlights Adani Enterprises Limited became the highest bidder for the project. This is ..
Month: Current Affairs - August, 2020
Ahmedabad-based Adani group gets final approval for controversy-hit Carmichael coal mine project
Ahmedabad-based Adani group has recently got final approval for controversy-hit Carmichael coal mine project in Australia, after Queensland State authorities approved its groundwater management plan. The final approval for the Adani group’s long-delayed billion-dollar mega coal mine project came only ..
Nileena MS wins 2018 ACJ Award for Investigative Journalism in print/online category
Journalist Nileena MS, a reporting fellow with The Caravan, has won the prestigious ACJ Award for Investigative Journalism in print/online category for the year 2018. She won the award for her story titled “Coalgate 2.0: The Adani Group reaps benefits ..
India’s first private Unmanned Aerial Vehicles (UAV) factory opened in Hyderabad
India’s first private sector unit for manufacturing Unmanned Aerial Vehicles (UAVs) has recently opened at Adani Aerospace Park near Shamshabad in Hyderabad. The 50,000-sq ft state-of-the-art facility facility is built by the Adani Group and Israel-based Elbit Systems. It will ..
World’s largest solar power plant commissioned at Kamudhi, Tamil Nadu
The world’s largest solar power plant with an installed capacity of 648MW was commissioned at Kamudhi in Ramanathapuram district of Tamil Nadu. The plant was set up on an area of around 5,000 acres by Adani Group at a total ..
Month: Current Affairs - September, 2016
APSEZ inks MoU with IPGA to handle pulses across its ports in country
Gujarat-based Adani Ports and Special Economic Zone (APSEZ) has signed a Memorandum of Understanding (MoU) with India Pulses and Grains Association (IPGA) to handle import and exports of pulses across its ports in the country. The MoU seeks to Develop ..