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India

Adani Enterprises Ltd (ADEL.NS)

ADEL.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

India's Adani Group Exploring Options To Bid For Govt's Stake In CONCOR- CNBC-TV18
Tuesday, 1 Oct 2019 

Oct 1 (Reuters) - :INDIA'S ADANI GROUP EXPLORING OPTIONS TO BID FOR GOVERNMENT'S STAKE IN CONCOR- CNBC-TV18 CITING SOURCES.GOVERNMENT LOOKING TO SELL 30% STAKE IN CONCOR TO STRATEGIC INVESTORS; CURRENTLY OWNS 54.8% STAKE - CNBC-TV18 TWEET.  Full Article

India's Adani Enterprises June-Qtr Net Profit Rises
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Adani Enterprises Ltd ::JUNE QUARTER CONSOL NET PROFIT 6.01 BILLION RUPEES VERSUS PROFIT OF 1.69 BILLION RUPEES LAST YEAR.JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 105.61 BILLION RUPEES VERSUS 75.58 BILLION RUPEES LAST YEAR.  Full Article

NMDC-CMDC Says Excavation And Mine Development Contract Was Awarded To Adani Enterprises Via Open Tenders
Friday, 7 Jun 2019 

June 7 (Reuters) - NMDC-CMDC LTD::10 MTPA CAPACITY BAILADILA IRON ORE DEPOSIT-13 AT DANTEWADA IS BEING DEVELOPED UNDER A JV COMPANY CALLED NMDC-CMDC LIMITED (NCL).THE LAND REQUIRED FOR PROJECT TO BE ACQUIRED IN THE NAME OF JV CO ONLY AND NCL SHALL ONLY HAVE THE SELLING RIGHTS OF IRON ORE PRODUCED.NMDC HAS 51% STAKE IN JV; CHHATTISGARH MINERAL DEVELOPMENT CORP HAS 49% STAKE.ONLY CONTRACT OF EXCAVATION AND MINE DEVELOPMENT IS AWARDED TO ADANI ENTERPRISES LIMITED TO WORK AS MINE DEVELOPER-CUM-OPERATOR (MDO).WORK WAS AWARDED TO ADANI BY INVITING OPEN TENDERS; ADANI QUOTED LOWEST PRICE AND WAS DECLARED LOWEST BIDDER.  Full Article

India's Adani Enterprises March Qtr Consol Net Profit Rises
Wednesday, 29 May 2019 

May 29 (Reuters) - Adani Enterprises Ltd ::MARCH QUARTER CONSOL NET PROFIT 2.83 BILLION RUPEES VERSUS PROFIT OF 1.88 BILLION RUPEES LAST YEAR.MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 132.37 BILLION RUPEES VERSUS 97.67 BILLION RUPEES LAST YEAR.RECOMMENDED DIVIDEND OF 0.40 RUPEES PER SHARE.RE-APPOINTED RAJESH S. ADANI AS MD FOR FURTHER PERIOD OF 5 YEARS.APPOINTED JUGESHINDER SINGH AS CHIEF FINANCIAL OFFICER.RECOMMENDS ENABLING RESOLUTIONS TO SEEK SHAREHOLDERS'S NOD AT TO RAISE FUNDS UPTO 50 BILLION RUPEES.  Full Article

Adani Enterprises Says Rakesh Suryakant Shah Resigns As CFO
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Adani Enterprises Ltd ::RAKESH SURYAKANT SHAH RESIGNS AS CHIEF FINANCIAL OFFICER.  Full Article

Adani Enterprises Wins Bids Invited By Airports Authority Of India
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Adani Enterprises Ltd ::CO WON BIDS INVITED BY AIRPORTS AUTHORITY OF INDIA FOR THE MANAGEMENT OF 6 AIRPORTS.  Full Article

Adani Enterprises Seeks Shareholders' Nod To Divest 99.8 Mln Shares In Adani Agri Logistics
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Adani Enterprises Ltd ::SEEKS SHAREHOLDERS' NOD TO DIVEST 99.8 MILLION SHARES IN ADANI AGRI LOGISTICS.SEEKS SHAREHOLDERS' NOD FOR DIVESTMENT OF STAKE IN ADANI POWER OAHEJ , ADANI PENCH POWER & KUTCHH POWER GENERATION TO ADANI POWER.  Full Article

Adani Enterprises Wins Bids To Operate 5 Indian Airports - Sources
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Adani Enterprises Ltd ::WINS BIDS TO OPERATE 5 INDIAN AIRPORTS - SOURCES.  Full Article

India's Adani Enterprises Dec Qtr Consol Net Profit Falls
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Adani Enterprises Ltd ::DEC QUARTER CONSOL NET PROFIT 922.5 MILLION RUPEES VERSUS PROFIT OF 3.51 BILLION RUPEES LAST YEAR.SAYS SOLAR MANUFACTURING VOLUME DECREASED 15% TO 140 MEGA WATTS IN QUARTER.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 104.30 BILLION RUPEES VERSUS 93.80 BILLION RUPEES LAST YEAR.  Full Article

Adani Enterprises Says Adani Defence Systems And Technologies Acquired Stake In Alpha Design Technologies
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Adani Enterprises Ltd ::SAYS ADANI DEFENCE SYSTEMS AND TECHNOLOGIES ACQUIRED STAKE IN ALPHA DESIGN TECHNOLOGIES.SAYS DEAL FOR 4 BILLION RUPEES.  Full Article

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India looks to relax norms to attract global coal miners, industry sceptical

NEW DELHI/MELBOURNE India is looking to lower advance payments and offer larger mining blocks to attract global companies to invest in its coal sector for the first time, but industry sources say the measures may not be enough to draw in big international miners.