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BJP win in Maharashtra to bolster Adani's $3 bn Dharavi slum project

Business Standard LogoBusiness Standard6h ago

BJP win in Maharashtra to bolster Adani's $3 bn Dharavi slum project - Business Standard

Quick Summary:

Opposition Uddhav Thackeray-led Shiv Sena (UBT) had pledged to reclaim all land given to the Adani group for redeveloping Asia's largest slum and promised to scrap the project altogether, if voted to power.

With election results showing the BJP and its allies Shiv Sena and Nationalist Congress Party factions led by Eknath Shinde and Ajit Pawar, winning more than three-fourths of the 288 seats in the Maharashtra assembly, those anxieties have now been set to rest.

The landslide victory for ruling BJP-led Mahayuti in Maharashtra will booster billionaire Gautam Adani-led group's USD 3-billion project to redevelop Mumbai slum of Dharavi into a "world-class" district.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-23 @ 16:57:37 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 981 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23778346

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 180 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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