Tag: gautam adani

Adani Enterprises Chairman Gautam Adani. While Vedanta can challenge the Adani-Jaypee acquisition deal in NCLAT, Adani Enterprises can still go ahead with the takeover. (Reuters)
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Adani secures $1.7-bn takeover of bankrupt Jaypee Group in major infra win| Business News

The National Company Law Tribunal has approved Adani Enterprises Ltd.’s ₹14,535 crore ($1.74 billion) resolution plan to acquire bankrupt infrastructure heavyweight Jaiprakash Associates Ltd. The…

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The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad. (Reuters)
Posted in Business

Adani Enterprises says working with US in Iran oil sanctions probe| Business News

The US Treasury Department has requested information from Adani Enterprises Ltd. related to allegations in a news report that the company imported Iranian oil products…

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Adani's Kutch Copper requires about 1.6 million tons of concentrate to function at full strength. (Reuters)
Posted in Business

Adani’s Kutch Copper smelter in Gujarat caught up in global ore shortage| Business News

Billionaire Gautam Adani’s $1.2 billion copper smelter in Gujarat is receiving only a fraction of the ore required to operate the 500,000-ton-a-year plant at full…

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