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Sri Lanka's ports minister confirms support for Adani's Colombo Port project, funded by the company. However, the government opposes Adani's wind farm project in Mannar due to environmental concerns.

Six Adani Group firms see stock decline, with Adani Green Energy falling over 2%. Adani Ports and Special Economic Zone, Adani Power, Adani Energy Solutions and Adani Total Gas also declined.

Adani Group withdraws from US loan for Colombo Port terminal, citing internal funding. The project, facing scrutiny amid bribery allegations, will be completed using company resources.

Adani Ports will use its own resources for the Colombo West International Terminal, withdrawing a US$553 million loan request amid bribery allegations against the group.

Reliance Consumer Products Ltd (RCPL) partners with Sri Lanka's Elephant House to manufacture and sell beverages in India, expanding its FMCG portfolio.

The US is providing USD 553 million to fund the Colombo West International Terminal project, a consortium including Adani Ports, amid China's infrastructure investments in Sri Lanka.

The US will provide $553 million to Adani's Colombo port project in Sri Lanka, a move seen as countering China's growing influence in the region. The project aims to boost trade and create jobs,...