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The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt.
The strong growth in the first half was fueled by Adani Enterprises' solar and
The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt.
The strong growth in the first half was fueled by Adani Enterprises' solar and
The ambitious rebuilding of the Amaravati capital project has resumed after a five-year hiatus, fueled by the renewed leadership of Chandrababu Naidu under the NDA government. With significant financial backing, the project is set to gain momentum once again.
Chandrababu has successfully secured Rs 15,000 crore in financing through the World Bank and an additional Rs 11,000 crore from HUDCO. In a significant development, the deep-pocketed Adani Group has also come on board to bolste
The ambitious rebuilding of the Amaravati capital project has resumed after a five-year hiatus, fueled by the renewed leadership of Chandrababu Naidu under the NDA government. With significant financial backing, the project is set to gain momentum once again.
Chandrababu has successfully secured Rs 15,000 crore in financing through the World Bank and an additional Rs 11,000 crore from HUDCO. In a significant development, the deep-pocketed Adani Group has also come on board to bolste
Andhra Pradesh's road infrastructure has long been a point of contention, particularly during YS Jagan's administration, which faced widespread criticism for neglecting the state’s deteriorating road conditions. Despite public outcry and even criticism from visiting celebrities, Jagan and his ministers defended their record, leaving citizens frustrated with unsafe and poorly maintained roadways. This neglect contributed to a significant backlash in the 2024 general elections, wh
Andhra Pradesh's road infrastructure has long been a point of contention, particularly during YS Jagan's administration, which faced widespread criticism for neglecting the state’s deteriorating road conditions. Despite public outcry and even criticism from visiting celebrities, Jagan and his ministers defended their record, leaving citizens frustrated with unsafe and poorly maintained roadways. This neglect contributed to a significant backlash in the 2024 general elections, wh
Welspun Enterprises Ltd. announced on Friday that it has been declared the lowest bidder for a major water tunnel project in Mumbai, a venture initiated by the Brihanmumbai Municipal Corporation (BMC). The company's bid, amounting to approximately Rs 1,989.9 crore (excluding GST), is aimed at designing and constructing a tertiary-treated water conveyance tunnel connecting the wastewater treatment facility in Dharavi to another facility in Ghatkopar.
The scope of the project incl
Welspun Enterprises Ltd. announced on Friday that it has been declared the lowest bidder for a major water tunnel project in Mumbai, a venture initiated by the Brihanmumbai Municipal Corporation (BMC). The company's bid, amounting to approximately Rs 1,989.9 crore (excluding GST), is aimed at designing and constructing a tertiary-treated water conveyance tunnel connecting the wastewater treatment facility in Dharavi to another facility in Ghatkopar.
The scope of the project incl
Chandrababu Naidu has emerged as a pivotal figure in the NDA government, significantly influencing the allocation of funds to Andhra Pradesh following the recent elections. With the support of 18 MPs, including Janasena, Naidu played a crucial role in helping Narendra Modi’s BJP retain power for a third consecutive term. This political leverage has translated into substantial financial assistance for Andhra Pradesh, addressing key developmental issues in the state.
The 2024 bu
Chandrababu Naidu has emerged as a pivotal figure in the NDA government, significantly influencing the allocation of funds to Andhra Pradesh following the recent elections. With the support of 18 MPs, including Janasena, Naidu played a crucial role in helping Narendra Modi’s BJP retain power for a third consecutive term. This political leverage has translated into substantial financial assistance for Andhra Pradesh, addressing key developmental issues in the state.
The 2024 bu
Andhra Pradesh Chief Minister Chandrababu Naidu is set to make a significant impact on the state's economic landscape with his upcoming visit to Sricity. During this visit, Naidu will inaugurate 15 new companies, which will bring a substantial investment of 900 crore rupees into the region. This initiative is expected to generate approximately 2,740 new jobs, offering a boost to local employment and signaling a strong commitment to economic development.
The inauguration event wi
Andhra Pradesh Chief Minister Chandrababu Naidu is set to make a significant impact on the state's economic landscape with his upcoming visit to Sricity. During this visit, Naidu will inaugurate 15 new companies, which will bring a substantial investment of 900 crore rupees into the region. This initiative is expected to generate approximately 2,740 new jobs, offering a boost to local employment and signaling a strong commitment to economic development.
The inauguration event wi
