Adani takeover target NDTV scrip hits upper circuit
The scrip had touched the 52 week high of Rs 567.85 and low of Rs 75.55. NDTV shares went up following the nod given by the Securities and Exchange Board of India (SEBI) to the Adani Group to float the open offer for 26 per cent stake in the channel company.
Adani Green Energy announces H1 FY23 results
The reduction in overall wind portfolio CUF and sale of energy is primarily due to one-off disruption in transmission line (force majeure) for 150 MW plant in Gujarat. The impact of this event in Q2 FY23 is expected to be 0.4 per cent of the expected annual generation of the overall operational capacity. Excluding the aforesaid 150 MW plant, the wind portfolio CUF stands at a strong 41 per cent in H1 FY23.
Adani Ports acquires 49.38% stake in Indian Oiltanking Ltd for Rs 1,050 crore
This agreement also includes acquisition of an additional 10 per cent equity stake in IOT Utkal Energy Services Ltd, a 71.57 per cent subsidiary of IOTL. Over the last 26 years, IOTL has built a network of six terminals across five states with a total capacity of 2.4 Mn KL (owned capacity of 0.5 Mn KL and BOOT capacity of 1.9 Mn KL) for storage of crude and finished petroleum products.
Adani Group enters Sri Lanka's port industry as the 1st Indian operator
The group will have the majority stake in the West Container International Terminal Joint Venture (JV) which is valued at $700 million. The build-operate-transfer (BOT) agreement which is to remain valid for 35 years, is said to be the "largest" foreign investment ever in Sri Lanka's port history.
Adani Total Gas announces H1 FY23 results
"ATGL continued with full vigour and resilience in significantly augmenting and investing in creating backbone CGD infrastructure across all its Geographical Areas with crossing 6.25 lakh PNG Home Connections mark, crossing of 10,000 inch-km of steel pipeline, enhancing PNG supplies to 6,088 businesses/industries and enhancing CNG footprint to 367 stations," said Suresh P. Manglani, CEO of Adani Total Gas.
A new feather in AdaniConneX's cap: Chennai 1 Data Centre is now Live!
With an integrated terrestrial fibre and global submarine cable connectivity, Chennai has emerged as a major data centre hub in the APAC region. AdaniConneX's 'Chennai 1' data centre with a total capacity of 33MW (IT load) is strategically positioned to support rising demand in the region.
Adani Defence and Aerospace, Israel Weapon Industries unveil India's first AI-based futuristic firing System
But now with advances in artificial intelligence (AI), arms control is a challenging but very promising application. India is prioritising AI as a key component of its national security strategy given US & China's significant advancements in AI-based research. India is well promoting its AI-based innovation and building infrastructure that is AI-ready in order to secure its strategic and national security interests.