Business
• Acquisition will enable Sirius Digitech to provide cloud services to empower organizations in leveraging sovereign cloud innovations while retaining sensitive data within their boundaries. • Coredge.io offers secure and compliant cloud services for AI applications safeguarding data sovereignty and supports clients across Japan, Singapore and India Ahmedabad, India, 16 July 2024: Sirius Digitech Limited, a joint venture between the Adani Group and Sirius International Holding (Sirius), a subsidiary of International Holding Company (IHC), announces the signing of a binding…
Read More »AP Chief Minister Nara Chandrababu Naidu is making concerted efforts to attract investments to Andhra Pradesh. As part of this initiative, he is engaging with prominent business leaders and representatives from various organizations. Recently, CM Chandrababu Naidu met with JSW Group Chairman Sajjan Jindal to discuss potential investments in the state. During their meeting, Chandrababu Naidu highlighted the favorable investment opportunities in Andhra Pradesh and encouraged Sajjan Jindal to present proposals for consideration. He assured Jindal that the government is…
Read More »Vizhinjam, India’s first transshipment port, receives its first container ship The strategic port is positioned to emerge as a critical player in the international trade corridors Thiruvananthapuram, 12 July 2024 : Adani Ports & SEZ today announced the arrival of the first mother ship at its Vizhinjam port. This is a milestone event marking India’s entry into the global transshipment and ushering in a new era in India’s maritime history, positioning Vizhinja as a critical player in the international trade…
Read More »Gurugram, 10 July 2024 – In a significant step towards sustainable development in India, REC Limited, a leader in the Indian power sector, has successfully availed a green loan of JPY 31.96 Billion (equivalent to USD 200 million) to finance eligible green projects in India. This strategic investment reinforces REC’s commitment to foster sustainable growth, in alignment with the Company’s Green Finance Framework. This green facility is a first of its kind successful collaboration between an Indian government entity and Deutsche…
Read More »The Mutual Recognition Agreement (MRA) for organic products between India and Taiwan has been implemented w.e.f. 8th July 2024 during the 9th Working Group on Trade Meeting with Taiwan at New Delhi. The implementation of the MRA between India and Taiwan is a landmark achievement as it is the first bilateral agreement for organic products. The implementing Agencies for the MRA are Agricultural and Processed Food Products Export Development Authority (APEDA), Ministry of Commerce and Industry, India and Agriculture and…
Read More »Paradip Port Authority (PPA) has marked a momentous achievement in its operational history, clocking an unprecedented 41.12 Million Metric Tons (MMT) cargo handling within the first 100 days of the fiscal year 2024-25. This outstanding performance sets a new record for the port, reflecting a 4.78 per cent growth compared to the 39.25 MMT achieved during the same period in the previous fiscal year, FY 2023-24. This significant accomplishment underscores the port’s critical role in bolstering India’s maritime infrastructure and…
Read More »New Delhi : US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement according to market regulator Sebi. The Securities and Exchange Board of India (Sebi) in its 46-page show cause notice to Hindenburg detailed how the US short seller the New York hedge fund and a broker…
Read More »Leh : To enhance the power distribution infrastructure in Ladakh union territory the Power Grid energy services, a subsidiary of PowerGrid Corporation of India Limited awarded two contracts totalling Rs 131 crore in Ladakh. Ramky Infrastructure Limited has secured two contracts totalling Rs 131.19 crore from PowerGrid Energy Services Limited to enhance the power distribution infrastructure in Ladakh. The first contract, valued at Rs 107.39 crore, and the second, at Rs 23.80 crore, are aimed at the supply and installation…
Read More »Gautam Adani’s Address to Shareholders – Adani Enterprises Annual General Meeting. My dear shareholders : This year marks a very significant milestone. It happens to be our 30th anniversary. It is therefore a good time to look back and celebrate the incredible journey of Adani Enterprises, from its humble IPO in 1994 to the challenges we have faced and the successes we have achieved. In my humble view, the true measure of our success is less about our achievements and…
Read More »Gautam Adani, Chairman of the Adani Group, announced on Sunday the signing of an agreement with Bhutan for a 570 MW green hydro plant and collaboration on transformative infrastructure initiatives in the neighboring country. Gautam Adani met with Bhutan’s King Jigme Khesar Namgyel Wangchuck and Prime Minister Dasho Tshering Tobgay in Thimphu. “Absolutely fascinating meeting with Dasho Tshering Tobgay, Hon. Prime Minister of Bhutan. Signed an MoU with Druk Green Power Corporation Limited (DGPC) for a 570 MW green hydro…
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