[ad_1] US-based investment firm Bain Capital said on Sunday that it has entered into an agreement to acquire 90% of Adani Capital and Adani Housing, buying out all of the Adani family’s private investments in the company. Gaurav Gupta will retain the remaining 10% stake in Adani Capital and will continue to serve as its … Read more
[ad_1] Gautam Adani on Friday proposed to set up a green hydrogen plant in Sri Lanka. New Delhi: Billionaire Gautam Adani on Friday proposed to set up a green hydrogen plant in Sri Lanka, where his conglomerate is already developing a container terminal and a 500 MW wind project. Mr Adani met visiting Sri Lankan … Read more
[ad_1] DHAKA/AHMEDABAD: Adani Group Chairman Gautam Adani called on Bangladesh Prime Minister Sheikh Hasina in Dhaka on Saturday following the full load commencement of power supply to Bangladesh from the Group’s Ultra Super-Critical Thermal Power Plant (USCTPP), in Godda, Jharkhand.The Godda USCTPP, which marks the Adani Group’s entry into transnational power projects, is India’s first … Read more
[ad_1] Billionaire Gautam Adani is weighing a bid for the coal-fired power plants belonging to beleaguered Indian tycoon Anil Ambani that are currently being auctioned by an Indian bankruptcy court, according to people familiar with the matter.Adani, fresh from a $2.8 billion capital raising, may face intense competition for Vidarbha Industries Power Ltd., which operates … Read more
[ad_1] NEW DELHI: Leading bourse National Stock Exchange (NSE) on Tuesday raised the price band of four Adani Group firms, including Adani Power and Adani Transmission.The changes, which will be effective from Wednesday, will ensure that the price of the scrip cannot move upward or downward beyond a limit set for the day, according to … Read more
)
[ad_1] Chinh said Vietnam welcomed Adani’s investment, initially in Lien Chieu Port in the central city of Danang, according to the statement. [ad_2] Source link
[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
[ad_1] MUMBAI: Less than four months after allegations of fraud by a short seller tipped his business empire into crisis, billionaire Gautam Adani is considering tapping equity markets in a major test of investor confidence.Adani Enterprises Ltd, the Indian tycoon’s flagship, said in a statement on Wednesday it’s holding a May 13 board meeting to … Read more
[ad_1] NEW YORK: MSCI will lower the free float of two of India’s Adani Group companies, Adani Total Gas and Adani Transmission in its May index review, the financial index provider said on Friday.MSCI now sees the Adani Total Gas’ free float at 14% and Adani Transmission at 10%, from 25%.Free float is defined as … Read more
[ad_1] NEW DELHI: Adani Enterprise Ltd, the flagship company of billionaire Gautam Adani‘s ports-to-energy group, on Thursday reported more than doubling of net profit in the March quarter on the back of growth in airports and road businesses.Net profit in January-March at Rs 722.48 crore compared with Rs 304.32 crore in the same period last … Read more