Adani Group to invest USD 75 billion towards energy transition by 2030
Mumbai: Adani Group Chairman Gautam Adani on Wednesday announced plans to invest USD 75 billion towards energy transition projects by 2030.
Adani Group completes stake purchase in Sanghi Industries Ltd
Mumbai: Adani Group-owned Ambuja Cements completed the acquisition of Sanghi Industries Ltd (SIL) at a revised offer price of Rs 121.90 per share, ET reported.
Adani Group plans to invest Rs 7 trillion in infra projects over next 10 yrs: Report
Mumbai: Billionaire Gautam Adani-led ports-to-green energy conglomerate Adani Group is looking to invest Rs 7 trillion ($84.00 billion) in infrastructure projects over the next ten years, reported Reuters Chief Financial Officer Jugeshinder Singh on Friday.
Adani Group-backed NDTV board approves commencement of activities of NDTV Profit
Mumbai: The board of Adani Group-backed New Delhi Television Tuesday announced the approval to resume the activities for the NDTV Profit channel from December 8, 2023, the company disclosed in a stock exchange filing.
Adani Energy Solutions plans to raise $360 million through bonds
Mumbai: Adani Energy Solutions (AESL), formerly known as Adani Transmission, is planning to raise $360 million through bond issuance on a private placement basis, a report in the media said.
US invests $553 million in Adani port in Sri Lanka amid growing Chinese influence
Colombo: U.S. International Development Finance Corporation (DFC) has announced a funding of $553 million in Colombo West International Terminal Pvt. Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority.
Adani Enterprises profit falls 51% YoY in Q2FY24 to Rs 228 cr
Mumbai: Gautam Adani-led Adani Group’s flagship company Adani Enterprises Ltd on Thursday reported a 50.57% year-on-year (YoY) decline in consolidated net profit at Rs 227.80 crore for the quarter ended September 2023.
Mukesh Ambani takes over Gautam Adani to be the richest Indian: Report
Mumbai: Reliance Industries chairman Mukesh Ambani has surpassed Gautam Adani of Adani Group to claim the top spot as the wealthiest Indian in the 360 ONE Wealth Hurun India Rich List 2023.
Abu Dhabi's International Holding Company increases stake in Adani Enterprises by 5%
Mumbai: After divesting its shares in two Adani Group firms, Abu Dhabi's International Holding Company (IHC) announced on Tuesday that it has increased its stake in the group's primary entity, Adani Enterprises Ltd, to over 5 percent, reported Moneycontrol.
Ambuja Cements incorporates three wholly-owned subsidiaries to bolster aircraft, cement business
Mumbai: Adani Group company Ambuja Cements Ltd informed the stock exchanges on Friday that it has acquired three wholly-owned subsidiary companies namely, Lotis IFSC Private Ltd, Ambuja Concrete North Private Ltd and Ambuja Concrete West Private Limited in order to carry business in aircraft and cement sectors, media reports said.
TotalEnergies to invest in Adani Green Energy's renewable energy projects
Mumbai: TotalEnergies SE is reportedly in discussions to invest in renewable energy ventures developed by Adani Green Energy Ltd, Bloomberg reported.
Mumbai: Gautam Adani-led Adani Group has strongly rejected the fresh allegations of stock manipulation by the Organised Crime and Corruption Reporting Project (OCCRP).
Adani Group to materialise its $50 billion green hydrogen project with or without TotalEnergies
Billionaire Gautam Adani's company is undeterred in materialising its $50 billion green hydrogen project with or without its French partner, TotalEnergies SE, media reports said.
Adani Enterprises Q1FY24 PAT soars 44% YoY to Rs 674 cr
Mumbai: Adani Enterprises on Thursday reported its financial results for the quarter ending in June 2023, revealing a consolidated net profit of Rs 674 crore, an increase of 44 percent compared to the net profit of Rs 469 crore reported in the previous fiscal year.
Adani Group's Ambuja Cements acquires Sanghi Industries for Rs 5,000 cr
Mumbai: Adani Group-owned Ambuja Cements Ltd (ACL) has acquired Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore, the company said in a press release on Thursday.