Explained: How the Adani group gained from the coal crisis
Adani Enterprises’s strong June quarter was driven by surging global coal prices and the firm’s competitive edge in the sector.
25 August, 2022•8 min
0
25 August, 2022•8 min
0
More in Business
Business
Amitabh Chaudhry needs to rethink Axis Mutual Fund’s revival strategy
The fund house has fallen behind its peers. What explains the sub-par performance?
You may also like
Business
Rajasthan just ghosted coal. Investors should take note.
When India’s solar capital says coal no longer adds up, it’s a market signal investors shouldn’t ignore. Separately, Deutsche Bank sets a €900 billion sustainable finance target by 2030 and COP30 falls short of expectations.
Economy
Is battery-storage in India becoming a commodity?
The Adani Group’s plan to build a massive storage project in Gujarat signals a mature technology and a sector moving towards scale and consolidation.
Business
What the $1 trillion pledge got MBS in return
The crown prince of Saudi Arabia returns to Washington DC with big promises, but may be walking away with more.