Tag: adani
Adani-owned Ambuja Cements buys majority stake in Sanghi Industries for ₹50 bn
India’s Ambuja Cements said on Thursday it has bought a 56.74% stake in smaller rival Sanghi Industries at an enterprise value of 50 billion rupees…
Adani group eyes robust growth, shares ₹90,000 crore EBITDA target for 2-3 years
Embattled Adani group is eyeing a 20 per cent year-on-year growth in pre-tax profits to reach ₹90,000 crore EBITDA in 2-3 years on the back…
Bloomberg Opinion: Why doesn’t Adani disclose potential conflicts?
It is no secret that most Indian firms starting off as family-run businesses never outgrow their past. Even after they become large and go public,…
Adani stocks surge, head for best day since Hindenburg’s report
Adani Group shares surged on Monday, extending gains spurred by an Indian court panel’s report that found no conclusive evidence of stock-price manipulation as alleged…
Expert panel report on Adani gives ammo to BJP: ‘Rahul Gandhi’s speech writers…’ | Latest News India
After a court-appointed panel said it cannot conclude any regulatory failure around Adani Group’s stock rallies, the Bharatiya Janata Party (BJP) on Friday attacked Congress…
3 Gautam Adani companies consider fundraising up to $5 billion: Report
Three companies controlled by billionaire Gautam Adani are considering a fundraising that may draw as much as $5 billion, according to people familiar with the…
Who’ll finance Indian infrastructure after the Adani scandal?
As the Adani Group grapples with uncomfortable scrutiny, there’s a palpable nervousness in India about what will happen next. In just over a quarter-century, the…
Adani Group rejects Financial Times report, says ‘race to…’
The Adani Group on Monday outrightly refuted the recent ‘Financial Times’ report on foreign direct investment into the conglomerate and termed it to be a…
Adani Ports end FY23 on high with 9% jump in cargo volume
Billionaire Gautam Adani’s Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday reported 9 per cent growth in cargo handling at seaports it operates…
Adani Ports acquires Karaikal Port for ₹1,485 crore
Adani Ports and Special Economic Zone Ltd (APSEZ) on Saturday said it has completed the acquisition of Karaikal Port Pvt Ltd (KPPL) pursuant to National…