Adani Enterprises launches QIP to raise at floor price Rs 3117.47 per share
Mumbai: Adani Enterprises Ltd, the flagship firm of billionaire Gautam Adani's conglomerate, launched its Qualified Institutional Placement (QIP) on Wednesday, setting the floor price for the issue at Rs 3,117.4750 per equity share, reflecting a 1.2% discount to the day’s closing price, reported Moneycontrol.
Adani Group to supply clean energy for Google's cloud operations in India
Mumbai: Adani Group announced it will supply clean energy to power Google's cloud services and operations in India, leveraging a new solar-wind hybrid project at its 30 GW Khavda renewable energy park in Gujarat, media reports said.
Ahmedabad/IBNS: Indian multinational conglomerate Adani Group has dismissed and denied "baseless allegations" regarding reports of funds being frozen in Swiss bank accounts.
'Threat to national security': Congress red flags Adani Group's investment in China
New Delhi: The Congress party on Tuesday raised concerns over the Adani Group's decision to set up a subsidiary in China for project management services, claiming that this move could endanger India's national security and territorial integrity, media reports said.
Elon Musk may become the world's first trillionaire, followed by Gautam Adani, says report
London/IBNS: Elon Musk, with a net worth of about $237 billion as of September 9, 2024, on the Bloomberg Billionaires Index, is on course to become the world's first trillionaire by 2027, according to a report by Informa Connect Academy.
New Delhi: The Adani Group has reassured Bangladesh of a continuous power supply, even though its outstanding receivables have exceeded $800 million, according to sources cited by Moneycontrol.
Adani Ports acquires 80% stake in global OSV operator Astro Offshore for USD 185 million
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) is set to acquire an 80 percent stake in Astro, a global offshore service vehicle operator, in an all-cash deal for $185 million, implying an EV of $235 million and EV/FY25E EBITDA at 4.4x, said a company press release.
Move over Beijing, Mumbai is the new capital of Asian billionaires: Hurun India Rich List 2024
India's financial lifeline Mumbai has beaten China's Beijing to become the billionaire capital of Asia, according to the Hurun India Rich List 2024.
Gautam Adani replaces Mukesh Ambani to become India's richest person: Hurun India Rich List
New Delhi: Gautam Adani and his family have claimed the top position in the 2024 Hurun India Rich List, with a Rs 11.6 lakh crore fortune, overtaking Mukesh Ambani.
2.76% equity of Ambuja Cements changes hands at Rs 625.5 per share
Mumbai/IBNS: As many as 6.8 crore shares, or 2.76 percent equity, of Indian cement production major Ambuja Cements changed hands in the block deal window on Friday (August 23), reports said.
SEBI Chief rubbishes Hindenburg Report: 'Attempt at character assassination'
Mumbai: SEBI Chairman Madhabi Puri Buch and her husband Dhaval Buch have firmly dismissed the latest report from Hindenburg Research, labelling it as "baseless allegations and insinuations."
'Something big soon India': Hindenburg Research hints at new Indian target after Adani Group
New York/IBNS: American investment research firm Hindenburg Research suggested another major revelation involving an Indian company may be imminent.
Adani Enterprises claims Gautam Adani was misquoted in media reports on succession plan
Ahmedabad/IBNS: Adani Enterprises Ltd, the flagship entity of Adani Group, on Wednesday (Aug 6) issued a statement, addressing recent media reports concerning the Indian multinational conglomerate's Chairman Gautam Adani's succession plans.
Ahmedabad/IBNS: Gautam Adani, the chairman of Indian multinational conglomerate Adani Group, said he is planning to step down as the group's chairman at the age of 70.
We stood firm in face of adversity, Gautam Adani at AGM on Hindenburg storm of past year
New Delhi/IBNS: Reacting to the attack by foreign shot-seller Hindenburg, Adani Enterprises Chairman Gautam Adani on Monday said the company fought to defend its integrity and reputation and came out stronger.