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SAIL's Bokaro plant to get 8.3 MT iron ore via slurry pipeline; Rs15K cr expansion underway
Bokaro Steel Plant will receive iron ore annually through a new slurry pipeline. This modern system will eliminate dependence on railway rakes for raw material transport. The plant's crude steel production capacity will increase significantly after expansion. This project involves a substantial capital investment and aims for completion in three and a half years. The expansion will enhance production capacity and global competitiveness for Bokaro Steel Plant.
Adani to build mini cities around six airports with ₹20,000 crore investment
Adani Airport Holdings plans to invest over ₹20,000 crore in the first phase of airport city projects across six airports, combining hotels, offices, retail, entertainment and convention centres into integrated urban hubs connected to major transport networks.
Adani Mundra Airport launches first scheduled flight services
Adani Mundra Airport has launched its first scheduled flight service with Star Air, connecting Mundra to Mumbai and Goa. This expansion includes eight new routes, significantly boosting connectivity for businesses, trade, and tourism in the Kutch region. The airport's new operations are a key step in developing Kutch into a comprehensive logistics and business hub, adding another vital transport option for commercial activities.
Power and IT set to remain dominant industries as pvt sector leads India's investment landscape in post-Covid era: Report
Power and IT sectors are set to lead India's economic growth. New investment announcements show a strong focus on electricity and technology. This trend is driven by digital infrastructure and renewable energy needs. The private sector is now a major investor. Transport, chemicals, and metals also see substantial capital allocation. Consumer segments hold smaller shares.
Adani Group, Brazil's Embraer finalise Dholera for setting up aircraft assembly line
Adani Group and Embraer have selected Dholera in Gujarat for a regional jet assembly line. This collaboration aims to boost India's aircraft manufacturing capabilities. Embraer sees significant potential in the Indian market for civilian and defense aircraft. The facility will support India's Regional Transport Aircraft program and the UDAN scheme. Airline commitments are crucial for the assembly line's establishment.
H.G.Infra Engg climbs after securing completion certificate for Ganga Expressway project
H G Infra Engineering rallied 3.82% to Rs 568.05 after the company received the provisional completion certificate from Adani Road Transport for Ganga Expressway project in Uttar Pradesh (UP).
'When nations engage in conflict, neighbouring countries are invariably affected': UP minister Om Prakash Rajbhar on repeated fuel price hikes
Fuel prices are rising again across India. A minister blames global supply issues due to the Iran-US conflict. Petrol prices in Delhi have now crossed 100 rupees per litre. This is the fourth increase in less than two weeks. Opposition parties are criticizing the government. They say the hikes pressure household budgets and transport operators.
Adani Total gas share price crashes over 12% in 2 sessions; here's why
Adani Total Gas shares fell over 12% in two sessions as investors booked profits after a 30% rally. The company cut excess natural gas prices amid supply disruptions due to geopolitical tensions, prioritizing essential gas supply for households and transport.
Adani Total Gas shares fall 3%, down 11% in two days. What's driving the selloff?
Adani Total Gas shares saw a dip as investors took profits. The company reduced prices for some industrial gas customers. This comes after a government order prioritizing gas for homes and transport. Supply disruptions in West Asia are impacting gas availability. India, a major LPG importer, faces rising cooking gas prices. Restaurants are adapting to the situation.
Adani Enterprises arm buys balance 49% stake in DP Jain TOT Toll Roads
Adani Enterprises said its subsidiary Adani Road Transport has completed the acquisition of the remaining 49% stake in DP Jain TOT Toll Roads, making the road infrastructure firm its wholly owned subsidiary.
Adani Total Gas jumps 17%, gas stocks rally as government prioritises LPG supply, boosts domestic output
The gains in city gas distribution and gas infrastructure stocks came after the government moved to safeguard domestic gas availability by invoking emergency powers and prioritising supplies to key sectors such as PNG for households, CNG for transport, and LPG production.