Ahmedabad-based Adani Group is alarmed with the falling value of rupee and now pinning its hopes on dollar revenues from its port trade. Gautam Adani, Chairman of Adani Group said that the port trade of the company has income streams, which are US dollar-denominated.
Tag: Gautam Adani
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Budget 2013: Industry reactions
Budget 2013 has been an impetus for infrastructure sector. Industry leaders welcomed the various progressive measures taken in the budget.
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Adani Ports and SEZ Ltd: Q3 Financial Results
Adani Ports & SEZ Ltd, India's largest private port developer and part of Adani Group, today said its total income rose 35% to Rs.2,533 crore for the nine months ended December 31, 2012 compared to Rs.1,870 crore in the corresponding nine months of previous year.
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Adani to take up transmission projects
Adani Group is gearing up to bid for power transmission line development projects, a segment so far dominated by two private sector companies that have bagged most of the projects.
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Adani to take up transmission projects
Adani Group is gearing up to bid for power transmission line development projects, a segment so far dominated by two private sector companies that have bagged most of the projects.
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Port connectivity: The efficiency linkages
Bankers say ports are one of the best sectors to finance to. With the frenetic growth envisaged in the 2020 Agenda, port connectivity is impatiently awaited as the government works on four-lane roads and rail lines linking the gateways to the hinterland.
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New kind of mint
The pilots and crew of two personal aircraft figure among the thankful thousands who owe their jobs to Gautam Adani, the owner of those planes and the biggest wealth creator last year.
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