Adani prepares SBI funding of ₹15,000 cr for Navi Mumbai airport

The construction of a second airport in India’s commercial capital is finally taking shape with Adani Airport Holdings framing up to ₹15,000 crore from State Bank of India for a proposed airport in Navi Mumbai. The group is said to have secured one of the largest project financing loans from India’s largest lender, State Bank … Read more

Edible oil prices soften, demand outlook positive: Adani Wilmar MD

Edible oil prices are likely to ease in the coming months following unprecedented growth in the past six-eight months following global disruptions and shortages, and the demand outlook for the overall fast growing consumer goods (FMCG) sector is positive, Angshu said. Malik said that the managing director of Adani Wilmar, the country’s largest packaged edible … Read more

Reliance Group is three times bigger than Adani companies this year: Deven R Choksi

“Infrastructure is generally a high cash business once the capex program is completed and that is why they are getting relatively high valuations,” says Deven R Choksey, MD, KR Choksi Investment Manager, The resurgence in some of the Adani Group stocks that has propelled Mr. Adani to the top of the rich list. But Adani … Read more