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,

The comments were the first official reaction from the Indian government to the indictment of Adani, the chair of Indian conglomerate Adani Group and one of the world's richest people, and came more than a week after it was unsealed in New York.

India on Friday responded to the charges filed by US prosecutors against industrialist Gautam Adani and several others, clarifying that it is a legal matter involving private firms and individuals, as well as the US Department of Justice.