October 05, 2022 18:37 (IST)
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Congress leaders removed as parliamentary panel heads of home, IT | Encounter breaks out in Shopian soon after Amit Shah reaches Kashmir | PM Modi speaks to Volodymyr Zelenskiy as Ukraine battles Russian forces | Telangana CM KCR to launch National Party tomorrow | 'I am gutted but...': Jasprit Bumrah reacts to missing out from T20 World Cup

After takeover, Adani Group announces infusion of Rs 20,000 cr in Ambuja Cements

Mumbai: The Adani Group completed the acquisition of Ambuja Cement and its listed subsidiary ACC on Friday, becoming India's largest conglomerate by market capitalisation and also announced a record preferential issue of stocks.

Gautam Adani becomes second richest man in world

New Delhi/UNI: With a surge in his wealth, Adani Group Chairman Gautam Adani has become the second richest man in the world beating France's Bernard Arnault AND Family, according to the Forbes real-time billionaires list.

India, US need to resolve issues relating to strategic areas to cooperate, says Gautam Adani

New Delhi: The existing $150 billion India-US trade is “no more than a speck in the ocean” given that the combined value of the GDP of the two nations in 2050 is expected to be a staggering USD 70 trillion dollars or 35-40 percent of the global economy, billionaire businessman Gautam Adani Wednesday said.

Adani to set up 3 gigafactories in India as part of a $70 billion investment in clean energy by 2030

Asia's richest man Gautam Adani has said his conglomerate will set up three gigafactories to manufacture renewable energy equipment, including solar panels, wind turbines, and hydrogen electrolyzers.

Adani Group allays concerns about being overleveraged, says loans from PSBs halved

Gautam Adani-led Adani Group has responded to concerns about it being overleveraged citing an improved net debt to operating profit ratio and more than halving of loans from public sector banks, media reports said.

Adani-NDTV tussle intensifies over stake acquisition

New Delhi/UNI: Adani Group on Friday asserted that no prior approval was needed from market regulator SEBI to acquire 29 percent stake in NDTV as stated by the media company founded and promoted by Prannoy Roy and Radhika Roy.

Gautam Adani needs SEBI go-ahead to buy stake in NDTV, says media firm

New Delhi/UNI: A day after NDTV claimed that Adani Group firms had not taken its consent before moving to buy little more than 29 percent stake in the company, the news broadcaster Thursday said that its promoters Prannoy Roy and Radhika Roy are barred from buying or selling of shares or being associated with securities market.

Adani Group forays into industrial 5G space

Ahmedabad: Adani Data Networks Ltd (ADNL) has acquired the right to use 400MHz of spectrum in the 26GHz millimetre wave band.

Gautam Adani ranks 4th richest on Forbes list after Bill Gates pledges $20 bn to charity

With a net worth of $114 billion, Adani Group Founder and Chairman Gautam Adani now occupies the fourth spot on the Forbes list. His net worth saw a meteoric rise in 2021 and 2022 when it grew from $ 50 billion to $90 billion.

Adani Group to join race for 5G Spectrum with Jio, Airtel

Mumbai: Billionaire Gautam Adani-led Adani Group will enter the race for acquiring 5G spectrum rights in India, where it will be competing with existing telecom giants -- Mukesh Ambani's Reliance Jio, Sunil Mittals' Airtel.

Gautam Adani and family pledge Rs 60,000 cr for social causes on his 60th birthday

Asia's richest man and Adani Group chairman Gautam Adani and his family have pledged Rs 60,000 crore for social causes on his 60th birthday.

TotalEnergies to buy 25% stake in Adani New Industries, to focus on green hydrogen

Ahmedabad/IBNS: French energy major TotalEnergies will buy a 25 percent stake in Adani New Industries Ltd (ANIL) to create the world’s largest green hydrogen ecosystem with Adani Group.

Adani Group to acquire 49 percent stake in digital news platform Quint

Mumbai/IBNS: Indian billionaire Gautam Adani's Adani Group is set to acquire 49 percent stake in Raghav Bahl-run digital business news platform Quintillion Business Media, popularly know as The Quint, media reports said.

Adani Group acquires Holcim's stake in Ambuja Cement to become 2nd biggest producer in India

Gautam Adani-led Adani Group has acquired Holcim's stake in Ambuja Cement and its subsidiary ACC at a price tag of $10.5 billion (around Rs 81,361 crore).

Adani's Mumbai International Airport raises USD 750 mn from Apollo

Mumbai/UNI: Billionaire Gautam Adani led Adani Enterprises on Wednesday said the Mumbai International Airport, which owns and operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA), has raised USD 750 million from Apollo-managed credit funds.