Adani Plans Share Sale in Transmission Business

02 Aug 2024 CW Team

Adani Group is set to re-enter the equity market through a share sale of its transmission business. This move is part of Adani's strategy to raise funds and enhance its financial flexibility amid ongoing market dynamics and business expansion efforts.

The transmission business, which is a significant segment of Adani's infrastructure portfolio, will see a public offering of shares. The decision to list this segment reflects Adani's focus on capitalizing on its strong market position and the growing demand for infrastructure assets.

The funds raised from this share sale are expected to be utilized for further expansion and development projects within the transmission sector. This includes investing in new infrastructure, upgrading existing assets, and supporting the group's broader growth strategy.

This initiative is also anticipated to bolster investor confidence and provide a liquidity boost to the company's financials, enabling it to pursue new opportunities and strengthen its market presence.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..