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The Latest Breaking News from Adani

I can turn around Sri Lanka’s economy: PM Ranil Wickremesinghe

Sri Lanka’s newly appointed prime minister says it will take one and a half years to stabilise the crisis-hit economy.

Al Jazeera

Adani lowest bidder in CIL's maiden coal import tender, miner may negotiate price

KOLKATA: Adani Enterprises has emerged as the lowest bidder in Coal India's tender for imports of the dry fuel with quoting over Rs 4,000 crore for supply of 2.416 million tonne, even though the miner is likely to "negotiate the price", an official said on Monday.

The Times of India

Bombay HC dismisses Adani Ports plea challenging disqualification by JNPA

Adani Ports have been directed to pay ₹5 lakh to Jawaharlal Nehru Port Authority, Navi Mumbai

The Hindu

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Adani drops $600m claim against Queensland activist and seeks $17m instead

Mining giant claims Ben Pennings sought to disrupt operations of the Carmichael coalmine, its suppliers and contractors

The Guardian - AU

BJP govt. at Centre engaged in scientific corruption using industrialists, says Alagiri

BJP govt. is expanding its ambit of corruption, he says

The Hindu

Adani Group fastest in valuation growth at 88%, Mukesh Ambani-led RIL up 13.4%: Report

MUMBAI: The Adani Group has gained the most in terms of value in the six months to April 2022, with a 88.1 per cent jump to Rs 17.6 lakh crore, a report said on Wednesday.

The Times of India

We tracked India’s top business papers over 5 days. Modi-Adani controversy barely figured

India’s Adani’s group, its proximity to prime minister Narendra Modi, and its influence over the Sri Lanka government has been at the centre of a political controversy unfolding in Sri Lanka over the last five days.

Newslaundry

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Adani's $10.5 billion Holcim acquisition doubles India Inc's deal value in May: Report

MUMBAI: India Inc's deal value more than doubled to $19.1 billion across 190 transactions in May 2022, mainly helped by the $10.5-billion acquisition of global cement major Holcim by Adani Group, a report said on Monday.

The Times of India

First Nations challenge over approval of Clive Palmer’s coalmine begins in Queensland

Case centres on whether proposed Galilee Coal Project would harm climate and limit human rights

The Guardian - AU

Why is a Reliance bigwig clarifying rumours on Adani ‘takeover’ of Gujarat Samachar?

On Thursday, Twitter was abuzz with speculation on Gujarat Samachar being “taken over” by the Adani Group.

Newslaundry

How will Queensland's natural disasters and COVID-19 pandemic shape the federal election?

Queensland is again shaping up to be in the hot seat this federal election with back-to-back disasters swaying voter sentiment, analysts say.

ABC News

Living on the wedge: why the Coalition faces threats from left and right in Queensland

All the attention has been on Labor’s struggles in the state, but the LNP could face challenges on two fronts in the upcoming election

The Guardian - AU

Conservationists accuse Adani of ‘sidelining’ experts on endangered black-throated finch

Miner says it’s ‘fully compliant’ with obligations to protect species, department rejects accusations

The Guardian - AU

Queensland turned its back on Labor over coal jobs last federal election. What are the key issues this time?

After three years of bushfires, a pandemic and rising living costs, Australians face another federal election, with job security and climate change still major issues in regional Queensland.

ABC News

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The Times of India

Ahmedabad: CNG price up by Rs 2 per kg

AHMEDABAD: Adani Total Gas Limited (ATGL) on Thursday announced an increase in price of compressed natural gas (CNG) in Ahmedabad by Rs 2 per kg. With this, Adani CNG price has surged to Rs 73.09 from Rs 71.09 per kg.

Newslaundry

Adani Group to acquire minority stake in Quintillion Business Media Private Limited

Quint Digital Media Limited announced on Tuesday that the Adani Group will acquire a minority stake in Quintillion Business Media Private Limited, or QBM, an indirect subsidiary of Quint Digital. QBM is a “business and financial news company” that operates Bloomberg Quint in India.

The Hindu

SC disposes of GUVL-Adani group curative, says their relationship will be governed by compromise terms

The case relates to Adani Power's termination of the power purchase agreement with GUVL because the Gujarat Mineral Development Corporation had failed to supply coal to it.

Newslaundry

Was the same helicopter used to ferry PM Modi and Gurmeet Ram Rahim Singh?

Scores of twitter posts are doing rounds with pictures of Narendra Modi and Gurmeet Ram Rahim coming out of a helicopter with messages suggesting that it is the same helicopter and it is owned by Adani. The two photographs circle “AW139” as proof that it is the same helicopter. The…

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