[ad_1] NEW DELHI: Adani Enterprises, the flagship firm of billionaire Gautam Adani’s group, has bought a close to 30 per cent stake in Start Enterprises Pvt Ltd, which owns the online train ticket booking platform Trainman.Adani Enterprises last month announced that it has signed a pact to acquire 100 per cent of SEPL.In a stock … Read more
[ad_1] MUMBAI: The Adani family on Wednesday sold shares worth a little over $1 billion (Rs 8,372 crore) in two group companies through a series of secondary transactions on the stock exchanges.The stocks were purchased by US-based, Australia-listed GQG Partners. Money raised from the share-sale will be used to shore up liquidity and to strengthen … Read more
[ad_1] New Delhi: US-based investment firm GQG Partners and other investors have bought stake worth over $900 million in Adani Enterprises Ltd. and Adani Green Energy, according to sources. The investors acquired stake from the Adani family, people familiar with the matter said. Adani Enterprises, the flagship of billionaire Gautam Adani, saw 1.8 crore shares … Read more
[ad_1] New Delhi: AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX (ECX), has secured a USD 213 million debt facility for its under-construction data centre asset portfolio. The facility will finance two data centres with an aggregate capacity of 67 MW that includes ‘Chennai 1′ campus with Phase-1 of 17 MW, and Noida campus … Read more
[ad_1] Adani Group stocks have been rallying at the Bombay Stock Exchange or BSE since Friday. New Delhi: All Adani Group stocks extended their rally, with Adani Enterprises climbing nearly 18 per cent this morning, after a Supreme Court-appointed panel found no evidence of stock price manipulation in the group companies while a separate probe … Read more
[ad_1] Adani Group shares rallied, extending gains spurred by an Indian court panel’s report that found no conclusive evidence of stock-price manipulation as alleged by US short seller Hindenburg Research.The 10 Adani stocks added about $10 billion to their market value in Monday’s session, the most since Hindenburg’s scathing report in January. Flagship Adani Enterprises … Read more
[ad_1] NEW DELHI: Billionaire Gautam Adani‘s group will raise Rs 21,000 crore (over $2.5 billion) through share sale in two group companies in the boldest comeback strategy after the ports-to-energy conglomerate was rocked by allegations of fraud levelled by a US short-seller.Adani Enterprises Ltd, the group’s flagship firm, plans to raise Rs 12,500 crore while … Read more