Bangladesh Pays $384 Mn to Adani, Settles Most Power Dues
Bangladesh has significantly reduced its dues to Adani Power with a $384 million payment in June 2025 under their 2017 power supply agreement. This settlement brings the total cleared amount to nearly $1.5 billion out of approximately $2 billion billed, leaving an estimated $500 million still as 'claimed' dues. The payment is part of a $437 million commitment due by the end of the month.The power deal has come under scrutiny due to Bangladesh’s economic struggles, exacerbated by the Russia–Ukraine conflict and political instability. The ousting of Prime Minister Sheikh Hasina led to furthe..
BHEL Wins Rs 65 Billion Adani Order for Six 800 MW Units
Bharat Heavy Electricals Ltd (BHEL) has secured a Letter of Award from Adani Power Ltd for the construction of six 800 MW thermal power units, together worth Rs 65 billion. Under the contract, BHEL will supply steam turbine generator sets with auxiliaries and supervise erection, testing and commissioning across the six units.The announcement came after market hours on Friday. Earlier in the session BHEL’s shares closed marginally lower at Rs 264.05, down 0.21 per cent on the BSE. Technical analyst Mileen Vasudeo of Arihant Capital recommends holding the stock with a stop loss at ..
Mumbai Sees Record Rs 6.7 Billion in H1 Property Revenue
Mumbai, under the Brihanmumbai Municipal Corporation (BMC) jurisdiction, recorded 75,982 property sales in the first half of 2025 (January–June), marking a 5 per cent year-on-year increase, according to a report released by Knight Frank India. This is the city’s highest half-yearly registration figure since 2013.Revenue from these transactions rose by 15 per cent year-on-year to Rs 6.7 billion, also registering the strongest six-month performance in over a decade. In June alone, 11,521 properties were registered—a slight decline of 1 per cent from June 2024—while registration revenue r..
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