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.
BGBS: Gautam Adani pledges Rs 10,000 cr investment in Bengal
Kolkata: The Adani Group on Wednesday promised to invest Rs 10,000 crore in West Bengal over the next decade, Gautam Adani announced on Wednesday.
Abu Dhabi-based IHC to invest $2 billion in 3 Adani companies
Mumbai: Abu Dhabi’s International Holding Company PJSC (IHC) will invest $2 billion as primary capital in three Adani portfolio companies.
Gautam Adani overtakes Mukesh Ambani to become Asia's richest person
Mumbai/IBNS: Billionaire businessman Gautam Adani overtook his closest competitor in the Indian market, Mukesh Ambani, to become Asia's richest person, media reports said.
Adani Enterprises wins major coal import contract with NTPC
Adani Enterprises Ltd has bagged a big contract with state-run power manufacturer NTPC to supply overseas coal as India plans to avoid a repeat of coal shortage that occurred last year due to flooding of coal mines and soaring demand, media reports said.