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Tuesday, November 26, 2024

Adani Green says it's not looking for fresh funds from investor Total

Adani Green Energy stated it isn't seeking new funds from TotalEnergies after the French company paused further investments due to corruption allegations against Adani executives. TotalEnergies, a significant stakeholder in Adani Green, clarified its stance following a US indictment, emphasizing its commitment to ethical practices and awaiting clarification on the accusations.

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Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...