New Delhi: Adani Enterprises Ltd on Friday issued a formal clarification to India’s stock exchanges, asserting that it is not a party to any legal proceedings in the United States, following media reports suggesting that American regulators were seeking to serve legal summons on senior Adani Group leadership. The clarification…
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NMIA Handles 1 Lakh Passengers in 19 Days
The Adani Group-backed Navi Mumbai International Airport (NMIA) has reached a significant operational milestone by handling over one lakh passengers within just 19 days of starting commercial flight services. The achievement underlines the strong travel demand in the Mumbai Metropolitan Region and signals a promising future for India’s newest greenfield…
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Navi Mumbai Airport Opens With 48 Flights, 4k Passengers
Mumbai: The long-awaited Navi Mumbai International Airport (NMIA) officially began operations on Thursday, nearly three decades after it was first conceived to ease congestion at Mumbai’s Chhatrapati Shivaji Maharaj International Airport. The launch marks a historic milestone in India’s aviation infrastructure expansion. The inaugural flight, IndiGo 6E 460 from Bengaluru,…
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Vedanta Wins Rs 17,000 Cr Bid for Jaiprakash Associates
In a high-stakes battle under India’s Insolvency and Bankruptcy Code (IBC), Vedanta Group has emerged victorious with a ₹17,000 crore bid to acquire debt-laden Jaiprakash Associates Ltd (JAL), outbidding Gautam Adani’s Group. The outcome marks a significant step in the ongoing resolution of one of the country’s most prominent corporate…