Adani Portfolio clocks highest ever TTM EBITDA of Rs 86,789 crore, core infra biz surges

Adani Portfolio clocks highest ever TTM EBITDA of Rs 86,789 crore, core infra biz surges

Ahmedabad, Feb 20 (IANS) Led by its core infrastructure business, the Adani Portfolio has delivered the highest-ever trailing-twelve-month (TTM) EBITDA of Rs 86,789 crore, the Adani Group said on Thursday. The core infrastructure businesses (utility, transport, and incubating infra businesses under Adani Enterprises Ltd) accounted for 84 per cent of total EBITDA. On a trailing-twelve-month … Read more

Odisha CM presents Rs 2.90 lakh cr budget; special focus on agriculture, infra development

Bhubaneswar, Feb 17 (IANS) Odisha Chief Minister Mohan Charan Majhi on Monday presented the state budget with an outlay of Rs 2,90,000 crore for the financial year 2025-26 giving special focus on agriculture, infrastructure development, urbanisation and the industry sector. The size of the budget for the current financial year of 2025-26 has been pegged … Read more

Govt spending on infra has surged to Rs 11 lakh crore in 2024 from Rs 2 lakh crore in 2014: Scindia

New Delhi, Feb 10 (IANS) Union Minister Jyotiraditya Scindia has highlighted that government investment in the development of infrastructure such as highways, railways and ports has surged to Rs 11 lakh crore in the last one year under the Modi government compared to a mere Rs 2 lakh crore a year during the erstwhile UPA … Read more

Gurugram: Strengthen interdepartmental coordination, accelerate infra development works, says CEO GMDA

Gurugram, Feb 6 (IANS) Gurugram Metropolitan Development Authority (GMDA), Chief Executive Officer (CEO), Shyamal Misra, on Thursday, instructed the officials to strengthen the interdepartmental coordination and further accelerate the infra-development works in the city. CEO GMDA also held a meeting with the officials on Thursday to resolve on-ground hindrances, improve the civic services and accelerate … Read more

Union Budget: Fiscal consolidation, infra spending, sector-specific incentives in focus

New Delhi, Jan 31 (IANS) As Finance Minister Nirmala Sitharaman prepares to present Union Budget 2025-26 on Saturday, the government’s focus is expected to be on fiscal consolidation, infrastructure spending, and sector-specific incentives, according to top global brokerages and global financial institutions. According to Jefferies, consumer discretionary spending could be boosted by income tax cuts, … Read more

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