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Even diamonds lose their sparkle under global strain. Although the market is perceived as stable, India’s gem and jewellery exports took a hit in 2024-25, slipping by 11.72% as geopolitical unrest, economic slowdowns, and the rise of lab-grown competitors dulled the industry’s shine. G&J exports dropped to $28.5 billion in 2024-25 from $32.28 billion in […]
Funds managed by BlackRock, the global investment behemoth, emerged as the largest subscribers of the USD 750-million private bond issuance by the Adani Group. The US-based asset manager, overseeing USD 12 trillion in assets, has taken on one-third of the USD 750 million issuance, which carries a tenure of 3-5 years, sources with direct knowledge […]
Adani Ports and Special Economic Zone Ltd. (APSEZ), India’s largest integrated transport utility, has announced the commencement of operations at the Colombo West International Terminal (CWIT), located at the Port of Colombo. Developed under a landmark public–private partnership, CWIT is operated by a consortium comprising India’s largest port operator Adani Ports & SEZ Ltd, leading […]
The Adani Group has won four gold awards across different categories. According to a press release, the Group has won the award for the Corporate Social Crusader of the Year, the Green Advertiser of the Year and its’ Pankha film has been crowned with two gold awards for being the best film in the categories […]
Steadiness is not an adjective associated with investors. They are the first to sense a storm. In a rush to secure their wealth, panic leads to chaos shaking up the markets. The potential economic fallout from President Donald Trump’s latest tariffs was expected. And so, in an overreaction, quite similar to the one witnessed during […]
Mundra Port, the flagship shipyard of billionaire Gautam Adani-led Adani Ports, has become the first India dockyard to handle over 200 million metric tonnes of cargo volume in 2024-25. In a statement, Adani Ports and Special Economic Zone Limited (APSEZ) said that during March 2025 it handled its highest ever cargo volume at 41.5 MMT, […]
Over the past few years, cryptocurrency trading has rapidly gained popularity across India, attracting both experienced and new traders. Crypto trading offers almost limitless potential when it comes to making profits. However, navigating this volatile market requires a clear understanding of its unique characteristics and potential rewards. In this article, we highlight the primary benefits […]
Gujarat’s stock market investors are withdrawing themselves frenetically as market volatility has eroded their confidence. According to a business portal, in January 2025, Gujarat investors recorded a turnover of Rs 1.6 lakh crore, down 11.5% from December. According to an (NSE) report, it’s the sharpest drop among all states. The portal has highlighted that the number […]
Adani Group chairman Gautam Adani has shared a video of a group employee, Kay Mehta, performing a bungee jump in Rishikesh while harnessed with his wheelchair. “Most people do it for the thrill. Kay Mehta, our own Adanian, did it to make a statement,” Adani said in a post on Thursday. He further remarked that […]
Adani Green Energy Ltd (AGEL) on Wednesday announced that ‘The Energy Revolution: The Adani Green Energy Gallery’ at the Science Museum in London has welcomed seven lakh visitors in its first year. The gallery was inaugurated on March 26, 2024, by Gautam Adani, Chairman of AGEL. The exhibition, sponsored by AGEL and curated by the […]
The ongoing survey for the Dharavi Redevelopment Project has surpassed the scope of the previous survey conducted in 2007-08, documenting over 63,000 tenements so far, officials announced on Tuesday. The current survey has exceeded the earlier benchmark of approximately 60,000 ground-floor tenements. Unlike the previous effort, the present survey covers ground and upper-floor structures, existing […]
Adani Energy Solutions Ltd (AESL) has secured a Rs 2,800 crore power transmission project in Gujarat. The company announced on Friday that the project will be completed within 36 months and will supply green electrons for the production of Green Hydrogen and Green Ammonia in Mundra. AESL, part of the Adani Portfolio and India’s largest […]
The Adani Group is set to enter Indian professional golf with the launch of the Adani Invitational Golf Championship 2025 in partnership with the Professional Golf Tour of India (PGTI), the official sanctioning body of men’s professional golf in India. The tournament will take place at the Jaypee Greens Golf & Spa Resort in Greater […]
Mumbai International Airport Limited (MIAL), a subsidiary of Adani Airport Holdings Limited (AAHL) and operator of Chhatrapati Shivaji Maharaj International Airport (CSMIA), has proposed the introduction of a User Development Fee (UDF) to fund infrastructure development and technological enhancements. The proposal, submitted to the Airport Economic Regulatory Authority (AERA), suggests a fee of Rs 325 […]
A considerable decline in imports has led to India’s goods trade deficit dropping to $14.05 billion in February from $22.9 billion in January, the lowest since August 2021, indicating a slowdown in economic activity. The fall in imports could signal a low domestic demand. The Commerce Ministry reports that although exports fell 11% to $36.91 […]
Ahmedabad-based Torrent Group has completed the acquisition of a 67% controlling stake in the Indian Premier League (IPL) franchise Gujarat Titans. The majority stake was purchased from Irelia Company Pte Ltd, a private equity fund managed by CVC Capital Partners, which previously held full ownership of the franchise through Irelia Sports India Pvt Ltd. The […]
The Navi Mumbai International Airport is scheduled for inauguration in June, Adani Group Chairman Gautam Adani announced on Sunday. The inauguration was initially set for April 17. The greenfield airport, the second in the Mumbai Metropolitan Region after Chhatrapati Shivaji Maharaj International Airport, is being developed by a special purpose vehicle, NMIAL. The project is […]
Socialite Shalini Passi, wife of businessman Sanjay Passi, has been summoned by the Meerut unit of the Directorate General of GST Intelligence (DGGI) for questioning on Thursday in connection with an alleged case of GST evasion. According to a media outlet, the case involves Pasco Motors LLP, a company in which Shalini Passi was a […]
Jio on Wednesday announced a partnership with Elon Musk’s SpaceX to offer Starlink internet services in India, a day after Airtel revealed a similar agreement. The collaboration will see Jio distributing Starlink solutions through its retail outlets and online platforms. However, the agreement is contingent on SpaceX securing the necessary authorisations to sell Starlink services […]
Airtel on Tuesday announced a partnership with SpaceX to introduce Starlink’s high-speed internet services to its customers in India. This marks the first agreement of its kind in the country, though it is contingent upon SpaceX obtaining the necessary authorisations to sell Starlink services in India. The partnership aims to explore how Starlink can complement […]
