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Tag: Adani
<strong>Adani Group becomes country’s second most valued listed conglomerate in terms of market capitalization</strong>-thumnail

Adani Group becomes country’s second most valued listed conglomerate in terms of market capitalization

Adani Group’s seven listed firms have a combined market capital of Rs 19.73 trillion, while Ambani-owned firms have an MCap of Rs 17.82 trillion. Tata Group is the India’s most-valued

Industry

Aug 22, 2022

Adani Enterprises to acquire Gujarat Road and Infrastructure Company and Swarna Tollway from Macquarie Fund-thumnail

Adani Enterprises to acquire Gujarat Road and Infrastructure Company and Swarna Tollway from Macquarie Fund

Adani Road Transport, a subsidiary of Adani Enterprises, will acquire Gujarat Road and Infrastructure Company and Swarna Tollway for around Rs 3,110 crore from Macquarie Asia Infrastructure Fund, the company

Finance

Aug 5, 2022

Adani capital plans to raise $188 million through IPO in early 2024-thumnail

Adani capital plans to raise $188 million through IPO in early 2024

Managing Director and Chief Executive Officer Gaurav Gupta said, Adani Capital’s first-time share sale will offer about a 10% stake in the shadow bank and target a valuation of around

Industry

Jul 29, 2022

As the 5G auction begins, there will be a fierce rivalry between Mukesh Ambani, Gautam Adani, and Sunil Mittal-thumnail

As the 5G auction begins, there will be a fierce rivalry between Mukesh Ambani, Gautam Adani, and Sunil Mittal

Reliance Jio Infocomm Ltd., owned by Mukesh Ambani, paid the highest pre-auction deposit, indicating that it will likely be the most competitive bidder in the sale that begins today. Some

Industry

Jul 26, 2022

Adani Group likely to spend around Rs 2.800 crore on spectrum purchase-thumnail

Adani Group likely to spend around Rs 2.800 crore on spectrum purchase

Industry analysts said that since Adani Group has stated that it would use the spectrum for private network solutions and not for providing voice and data telecom services, it is

Industry

Jul 11, 2022

D Muthukumaran takes over as new Adani ports and SEZ ports CFO-thumnail

D Muthukumaran takes over as new Adani ports and SEZ ports CFO

Earlier, he has worked with Deloitte, Lazard India, Aditya Birla Group, and Renew Power. In his previous stints, he has played instrumental role in fund raising through Private Equity, Public

Industry

Jul 8, 2022

Adani wins the race for a controlling stake in Holcim’s Ambuja-thumnail

Adani wins the race for a controlling stake in Holcim’s Ambuja

Holcim’s plan to exit the market comes as it plans to diversify from its core business of cement and aggregates to focus more on building technology amid enhances the emphasis

Industry

May 16, 2022

Adani acquires Ocean Sparkle, India’s largest marine services company, for Rs 1,530 crore-thumnail

Adani acquires Ocean Sparkle, India’s largest marine services company, for Rs 1,530 crore

Ocean Sparkle will become a wholly-owned subsidiary of Adani Harbour Services following the completion of the acquisition. Adani Ports and Special Economic Zone (APSEZ) has acquired a 100% stake in

News

Apr 22, 2022

Taking over from SBI, Adani Green Energy becomes 7th most valuable company-thumnail

Taking over from SBI, Adani Green Energy becomes 7th most valuable company

During Monday’s trading session, its shares rose around 4 percent to settle at Rs 2.968.10 each – helping it reach a market cap of Rs 4,64,215.08 crore. SBI’s market capitalization

News

Apr 19, 2022

<strong>Adani Wilmar joins the Rs 50,000-crore market-cap club; stock rises 68 percent in three days.</strong>-thumnail

Adani Wilmar joins the Rs 50,000-crore market-cap club; stock rises 68 percent in three days.

For the second day in a row, Adani Wilmar was trapped at the 20% upper circuit. According to NSE data, the company’s market capitalization was Rs 50,201 crore. Shares of

Industry

Feb 10, 2022

Top bidders for city gas permits include Indian Oil Corporation and Adani Total Gas.-thumnail

Top bidders for city gas permits include Indian Oil Corporation and Adani Total Gas.

Adani Group initially entered the city gas sector in a joint venture with IOC, but then partnered with Total. Adani and IOC did not submit a joint bid in the

News

Dec 23, 2021

Adani supersedes Mukesh Ambani by investing $20 billion in renewable energy-thumnail

Adani supersedes Mukesh Ambani by investing $20 billion in renewable energy

Weeks before this declaration of the conglomerate company, Ambani announced the investment of $10 billion in hydrogen fuel and clean power generation. Ahmedabad-based multinational conglomerate, Adani Group announced the investment

Manufacturing

Sep 22, 2021


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