Ahmedabad, June 2 (IANS) Adani Portfolio on Tuesday announced it has delivered the highest annual capex by any Indian corporate at Rs 1,52,967 crore ($16.1 billion) in FY26, with asset base now standing at Rs 7,85,098 crore ($82.2 billion), reflecting accelerated investment cycle.EBITDA for FY26 reached an all-time high of Rs 94,834 crore ($10 billion), up 5.6 per cent year-on-year — with core infrastructure contributing 87 per cent of earnings.Nearly 80 per cent of investments were directed to…
Latest Navi Mumbai International Airport News & Updates
Ahmedabad, May 31 (IANS) For most of modern history, the sequence was predictable. Physical infrastructure came first — roads, ports, power plants — and technology followed, amplifying what had already been built. Adani Group Chairman Gauam Adani believes that sequence has fundamentally changed.In his annual message for the financial year 2026, he makes the case that infrastructure and intelligence now reinforce each other from the ground up.Before AI can think, energy must flow; before data c…
Mumbai, May 22 (IANS) From the Navi Mumbai International Airport to the redevelopment of Dharavi, the Adani Group is making huge investment towards the holistic economic growth of Maharashtra, industry veterans and experts said here on Friday.Speaking at the ‘Hindu Maharashtra Infrastructure Conclave 2026’ here, Jamshed, Distinguished Fellow at Chintan Research Foundation (CRF), said there are many other sectors like electricity and renewable energy where Adani Group is working and contribut…
Mumbai, May 22 (IANS) Deputy Chief Minister Eknath Shinde on Friday expressed confidence that Maharashtra is driving holistic progress through heavy industries, modern infrastructure, rapid connectivity, skill development, housing and eco-friendly projects, and said this comprehensive development blueprint would propel the state’s economy towards the $1 trillion milestone.Moving rapidly towards the vision of a “Viksit Bharat 2047”, Maharashtra is set to construct a new development expressw…
New Delhi, May 11 (IANS) Chief Minister Devendra Fadnavis on Monday said that Maharashtra is no longer just a participant in India’s growth story, but the “primary engine” defining the nation’s economic destiny.Addressing the CII annual business summit, he detailed a road map to transform Maharashtra into a $1 trillion economy by 2030, asserting that the state’s success is a prerequisite for India’s goal of becoming a ‘Viksit Bharat’ by 2047.CM Fadnavis opened his speech by contrasting I…
New Delhi, May 1 (IANS) Adani Group Chairman Gautam Adani said on Friday that the Group would add another Rs 2 lakh crore in new assets within this year as part of the accelerated growth that is taking place across its businesses.Addressing 4 lakh employees of the Adani Group on International Labour Day, Gautam Adani said, “In our first 35 years, we collectively built assets worth approximately Rs 2 lakh crore. And today, such is our standing that within this single year alone, we are going to…
Ahmedabad, April 30 (IANS) Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Thursday posted 31 per cent growth in net profit (year-on-year) at Rs 9,339 crore in FY26, from Rs 7,112 crore in FY25.Total income increased by 3 per cent to Rs 1,02,943 crore last fiscal, as EBITDA was maintained at Rs 16,464 crore.With the close of fiscal 2026, AEL has transitioned to a core infrastructure-led model, with 80 per cent of its EBITDA coming from mature, long-term and contracted bu…
Mumbai, April 18 (IANS) Chief Minister Devendra Fadnavis on Saturday directed the relevant departments and agencies to provide land for these projects within a stipulated timeframe, noting that several prestigious international universities have expressed keen interest in establishing their campuses here. Through Educity and Medicity, students in Maharashtra will have access to higher education opportunities from world-class universities. He was speaking at the meeting on the development …
New Delhi, March 30 (IANS) India’s largest airline firm, IndiGo, on Monday announced the launch of its daily non-stop service between Kolkata and Shanghai, further strengthening air connectivity between India and China.The airline said the new route marks a significant milestone in its international expansion and builds on the recent resumption of flights from Kolkata and Delhi to Guangzhou.The Kolkata-Shanghai service is being operated using Airbus A320neo aircraft.With the addition of Shanghai…
New Delhi, March 29 (IANS) Low-cost airline IndiGo on Sunday said it is introducing over 30 new routes from the Navi Mumbai International Airport between March 29 and April 23.The carrier will connect the airport to cities like Agra, Ayodhya, Bagdogra, Belgaum, Chandigarh, Diu, Kannur, Kolkata, Patna, Rajkot, Srinagar, Varanasi, Visakhapatnam, and many more. With this, IndiGo will operate over 400 weekly departures from Navi Mumbai, offering convenient travel options to customers and enhanced re…