Adani family infuses Rs 8,339 cr in Ambuja Cements, raising stake to 70.3%
Ahmedabad: The Adani family, headed by billionaire Gautam Adani, announced on Wednesday that they have injected Rs 8,339 crore as the main shareholders into their cement subsidiary Ambuja Cements Ltd. by fully participating in the company's warrants program.
Mahindra Group enters hybrid renewable energy sector with Rs 1,200 cr investment
Mumbai: The Mahindra Group announced its entry into the hybrid renewable energy sector with a Rs 1,200 investment in a solar and wind project, a stock exchange filing said on Monday.
Ambuja Cements to acquire 1.5 MTPA grinding unit at Tamil Nadu’s Tuticorin for Rs 413.75 cr
Ahmedabad: Adani Group-owned cement and building material company Ambuja Cements signed a definitive agreement to acquire My Home Group's 1.5 MTPA cement grinding unit in Tamil Nadu’s Tuticorin.
Adani Green Energy to raise $400 million via offshore loan: Report
Mumbai: Adani Green Energy Ltd. is currently involved in discussions to secure around $400 million via an overseas loan, as part of its efforts to finance an upcoming renewable project, media reports said
Adani family injects Rs 6,661 cr in Ambuja Cement
Mumbai: The Adani family has injected Rs 6,661 crore into Ambuja Cement, elevating its stake in the company to 66.7%.
Adani Green Energy rubbishes links with US probe involving 'third party'
Mumbai: Adani Green Energy on Tuesday said that it is aware of a US inquiry into potential breaches of anti-corruption statutes involving a separate entity but refuted any association with said entity, Reuters reported.
Adani Enterprises acquires France's Le Marche Duty Free SAS for 5,000 euros
Mumbai: Adani Enterprises on Wednesday said that its Dubai-based subsidiary, Ospree International FZCO, has purchased full ownership of France's Le Marche Duty Free SAS (LMDF) for 5,000 euros, media reported, citing a stock exchange filing.
Adani Power gets creditors' consent to acquire Lanco Amarkantak Power
Mumbai: Adani Power has obtained consent from creditors for its proposed acquisition of insolvent Lanco Amarkantak Power, the company said in a stock market filing.
Adani Defence & Aerospace to invest Rs 3000 cr in its Kanpur missile and ammunition complex
Kanpur (UP): Adani Defence & Aerospace has announced plans to invest over Rs 3,000 crore in its new ammunition and missile complexes in Kanpur by 2027, Chief Executive Officer Ashish Rajvanshi, media reported.
Ambuja Cements to invest Rs 1,000 cr in Jharkhand
New Delhi: Ambuja Cements, a part of the Adani Group, on Wednesday announced its intention to invest Rs 1,000 crore in setting up a cement grinding unit in the Godda district of Jharkhand.
Adani Group to invest $1.22 billion to build largest copper manufacturing plant in Gujarat's Mundra
Vadodara: Billionaire Gautam Adani-led ports-to-power conglomerate Adani Group is constructing the world's largest copper manufacturing plant in Mundra, Gujarat at an investment of $1.2 billion, media reports said.
Adani Enterprises Q3FY24 net profit more than doubles to Rs 1888 cr
Mumbai: Adani Enterprises Ltd. reported a massive surge in net profit in the quarter ended December 2023 profit, more than doubling 2.3 times to Rs 1888.4 crore, driven by the success of its newer business ventures.
Adani Total Gas Q3FY24 Results: Net profit jumps 16% YoY to Rs 172 cr
Ahmedabad: Adani Total Gas reported a Profit After Tax (PAT) of Rs 172 crores for Q3FY24, indicating a substantial 16% increase.
Adani Group chairman Gautam Adani has said that his conglomerate has "emerged stronger" as he reflected on the Hindenburg episode.
Davos: Adani Group to invest Rs 12,400 cr in Telangana; MoUs signed at World Economic Forum 2024
Davos (Switzerland): The Adani Group and the Telangana government today signed four memorandums of understanding (MoU) for investment of over Rs 12,400 crore, at the World Economic Forum 2024.