Tag: gautam adani
Adani Group in talks to raise $800 million to finance new projects: Report
Bloomberg | | Posted by Animesh Chaturvedi Adani Group is aiming to raise about $800 million for new green energy projects, people familiar with 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 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…
Adani pulls back on grand ambitions after Hindenburg bombshell
Two months on from its explosive report into Gautam Adani’s acquisitive conglomerate, short seller Hindenburg Research has left the Indian billionaire’s empire chastened and reevaluating…
Adani refutes reports on debt repayment concerns as shares slide
The Adani Group is back in fire-fighting mode after media reports called into question the Indian conglomerate’s ability to repay debt, reviving a selloff in…
China tops list of ‘most billionaires’, US next; India third
China has the most number of billionaires, followed by the US, said a report by Hurun India released on Wednesday. In total, China and the…
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…
Adani seeks to sell stake in Ambuja Cement for $450 mn to reduce debt: Report
Reuters | | Posted by Singh Rahul Sunilkumar Gautam Adani is seeking to sell a stake in Ambuja Cement for about $450 million, the Financial…
Adani rout puts spotlight back on Mauritius as it aims to shed ‘tax haven’ image
The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller…
Adani rout puts spotlight on billions flowing through Mauritius
The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller…