Adani Group's ports business will invest an extra $1.2 billion in a long-delayed deep-sea facility in India's southern state of Kerala, its local government said on Thursday.

The project timeline has been extended by five years due to the effects of the Covid-19 pandemic, the Ockhi cyclone, and other floods.

Kerala and Adani Vizhinjam Port Pvt Ltd have signed a supplementary agreement, accelerating revenue sharing from Vizhinjam seaport. With the project now fully operational by 2028 and expanded capacity,

By Dhwani Pandya, Shilpa Jamkhandikar and Shivam Patel MUMBAI/NEW DELHI (Reuters) -The finance chief of India's Adani Group on Friday rejected U.S. allegations that executives, including Chairman Gautam Adani,

India’s opposition is protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes.