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Lotus Takes Flight: Mumbai’s Aviation Horizon Expands as PM Modi Launches Navi Mumbai International Airport

Lotus Takes Flight: Mumbai’s Aviation Horizon Expands as PM Modi Launches Navi Mumbai International Airport

The ₹167 billion Navi Mumbai International Airport (NMIA) project is expected to boost Maharashtra’s GDP by 0.5 per cent, catalyse real estate growth, and reposition Mumbai as a global twin-airport city alongside aviation hubs such as Dubai, London and New York. Putting an end to a long wait spanning nearly two decades, Prime Minister Narendra...

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Adani Enterprises wants to tap Australian fund for coal mine railway

Adani Enterprises wants to tap Australian fund for coal mine railway

Gautam Adani-led Adani Enterprises has applied for financing from an Australian infrastructure fund to build a rail line that is part of a $16-billion coal project in the state of Queensland, Australia's resources minister said, reports Reuters.
Financing from the A$5 billion Northern Australian Infrastructure Facility (NAIF) would offer a boost to Adani after some major banks said they would not participate in the controversial coal project.

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Business Acumen

Business Acumen

Karan Adani, son of Adani Group Chairman Gautam Adani, has been appointed as the CEO of Adani Ports and Special Economic Zone (APSEZ) with effect from January 1, 2016.

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Adani to invest Rs.20,000 crore in Gujarat ports

Adani to invest Rs.20,000 crore in Gujarat ports

Adani Group has announced a Rs 20,000-crore investment for expanding the capacity of its Gujarat ports to 100 mt per annum by 2020. The investment is on the top of Rs 25,000-crore spending the group had announced on the first day of the Vibrant Gujarat Summit.

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