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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A decade after acquiring mining rights in Australia, he is ready for his first consignment. But with the world against the fuel, will he suffer the winner’s curse?
In September, Adani Group-owned Bowen Rail Co. received the first of 10 state-of-the-art locomotives that will haul coal from its Carmichael coal mine in Queensland, Australia. Each of these locomotives will pull 120 wagons loaded with thermal coal at 80 km. per hour on a narrow gauge railway line to the North Queensland Export Terminal (also group-owned).
In a trial phase over the next few months, the Ahmedabad-based group hopes to export 2.6 million tonnes of coal, but starting July 2022, the plan is to export 9.3 million tonnes of coal every year for the next three decades.
It’s a …
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
After a strong listing, Vedanta Aluminium Metal is running into some headwinds. Aluminium prices are easing, but the sharper challenge is rising competition from Kumar Mangalam Birla and Gautam Adani.
FY26 numbers show that Airtel is stealing a march on its larger rival on most counts and is unrelenting in its ambition, casting a cloud on Jio’s valuation.
