Tag: gautam adani latest news
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 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…
Gautam Adani ‘lost ₹3,000 crore per week’, fortune down 60%: Report
Adani Group boss Gautam Adani lost $28 billion over the last year – or an average of ₹3,000 crore per week in 2022 – and…
Adani Airports looking to acquire more airports. CEO says to bid in auctions
India’s Adani Airports, part of billionaire Gautam Adani’s conglomerate, will bid for more airports in the country in its ambition to become the leading airport…
Adani halts ₹34,900 cr Mundra project amid Hindenburg row
Adani Group has suspended work on a ₹34,900 crore petrochemical project at Mundra in Gujarat as it focuses on resources to consolidate operations and address…
Who is Rajiv Jain, the man behind ₹15,446 cr Adani stake sale to GQG Partners
The Adani Group on Thursday raised ₹15,446 crore after selling shares in four of its listed companies to GQG partners, a US boutique investment firm….
‘Enough money’: Adani Group reassures investors at Singapore roadshow
Bloomberg | | Posted by Ritu Maria Johny Adani Group executives emphasized the company’s ability to honor its obligations in coming years and generate cash,…
Adani in talks for $400 million debt against Australian coal port assets: Report
Reuters | | Posted by Ritu Maria Johny India’s Adani Group is in talks with global credit funds to raise up to $400 million in…
Not only Adani, this Indian tycoon too in trouble: Report
Highly leveraged Indian tycoons are having a rough time. Gautam Adani’s $236 billion infrastructure empire has shrunk by more than three-fifths in a month. But…
Adani Ports crosses 300 MMT cargo handling in 329 days
PTI | | Posted by Ritu Maria Johny Adani Ports and Special Economic Zone (APSEZ) crossed 300 million metric tonne (MMT) of cargo handling on…