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Latest Articles in adani group

Adani's Copper-producing Mundra Plants To Start Operations In March 2024

The first phase, with a capacity of 0.5 million tonnes per annum, has secured financial closure through a syndicated club loan and is expected to become operational by the end of the current fiscal year

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Bain Capital Set To Acquire 90% Stake In Adani Housing, Capital

The primary objective behind this deal is to establish Adani Capital as an independent entity, enabling it to expand its lending operations

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No Plans To Merge ACC, Ambuja Cement: Adani Group

The group became India's second-largest cement producer in 2022, behind UltraTech Cement with its USD 10.5 billion acquisition of both Ambuja Cements and ACC from Switzerland's Holcim

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SC Panel Report Helped Rebuild Confidence In Group: Adani Amid Hindenburg Allegations

The Hindenburg report, which came out this January 24, alleged stock manipulation and fraud, among other charges, by the conglomerate

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India Set To Become World's Third-largest Economy Before 2030: Gautam Adani

At Adani Group's AGM, Adani emphasised the promising future of India, stating that it is poised to become the world's third-largest economy before 2030 and the second-largest by 2050

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Gautam Adani Unveils Renewable Energy, Port Expansion Plans

He highlights the significance of green power and the Adani Group's role in India's journey towards achieving net-zero emissions

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Adani Group To Redevelop Mumbai’s 259-hectare Dharavi Slum

Adani Properties, a subsidiary of Adani Group, won the competition to redevelop the 259-hectare slum in November with an investment offer of Rs 5,069 crore

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Adani Aims Close Of $4 Bn Fundraising Round By December

The Adani Group is aiming to close the fundraising before the end of 2023, said the source, who declined to be named as the discussions are private

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SC Defers Adani-Hindenburg Hearing To Mid August

Solicitor General Tushar Mehta, appearing for SEBI said the market regulator has time period till next month to investigate the probe into allegations of stock price manipulation by the Adani group and the work is in process

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Three Private Equity Groups Competing For Adani Capital

Gautam Adani plans to divest from non-core business sectors and concentrate solely on the company's specialised areas. The business magnate aims to preserve cash for the primary operations of the company

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Adani Group Raises $9 Bn For Capital Transformation

Adani portfolio offers a one-stop play through its portfolio companies spread across the infrastructure spectrum from energy and utility to transport and logistics

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Adani Promoters Looking To Divest Some Stake In Group Companies

Negotiations are ongoing with multiple investors, and the next transaction is expected to involve a fund based in West Asia, likely occurring by September

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Adani Green To Raise Rs 12,300 Crore Through QIP

The move comes as part of the tycoon's conglomerate's efforts to recover from the crisis triggered by Hindenburg Research's fraud allegations against Adani Group in January

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Adani Power's Jharkhand Plant Begins Electric Supply To Bangladesh

Under the power purchase agreement (PPA) executed in November 2017, APJL will provide 1,496 MW net capacity power from the 2x800 MW Godda ultra-supercritical thermal power plant to the BPDB for a duration of 25 years

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GQG Makes 3rd Round Of Investment In Adani Stocks: Report

GQG Partners and other investors have recently purchased approximately USD 1 billion worth of stocks from the Adani conglomerate

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