Adani Group to invest Rs 60,000 cr in Madhya Pradesh
Jan 12, 2023, at 07:06 am
Indore (MP): Adani Group will invest over Rs 60,000 crore across several sectors in Madhya Pradesh which would result in thousands of jobs, said Pranav Adani, director at Adani Enterprises on Wednesday.
Radhika and Prannoy Roy exit NDTV, transfer 27 pc stake to Adani Group
Dec 24, 2022, at 04:42 am
Mumbai/IBNS: New Delhi Television Pvt Ltd (NDTV) promoters Radhika and Prannoy Roy on Friday said they are transferring most of their shares in the new organisation to Adani Group.
NDTV founders Radhika and Prannoy Roy resign from RRPR board
Nov 30, 2022, at 07:55 am
Mumbai/IBNS: New Delhi Television Ltd (NDTV) founders Prannoy Roy and Radhika Roy stepped down as directors from the board of promoter entity RRPR Holding, with effect from Tuesday, according to an exchange filing by NDTV, a media report said.
After 15 yrs of failed attempts, Mumbai's Dharavi slum area to be redeveloped by Adani Group
Nov 30, 2022, at 06:02 am
Mumbai: Adani Group bagged the bid for the redevelopment of Mumbai’s Dharavi area, one of the largest slum clusters in Asia, outbidding DLF, a Moneycontrol report said Tuesday.
NDTV purchase a 'responsibility' rather than a 'business opportunity': Gautam Adani
Nov 26, 2022, at 06:01 pm
New Delhi: Billionaire Gautam Adani, Chairman of Adani Group, wants to transform New Delhi Television Ltd (NDTV) into a global news brand as India “does not have one single [outlet]” compared to big international media houses, according to a media report.
Committed to completing NDTV open offer, says Adani Group
Oct 20, 2022, at 02:36 am
Adani Group has said it is committed to completing the open offer to buy an extra 26 percent stake in NDTV, media reports said.
Adani Enterprises acquires 100 pc stake in Kolkata-based SIBIA Analytics
Oct 16, 2022, at 05:59 pm
Mumbai: Adani Enterprises Limited (AEL) has signed a binding term sheet for the acquisition of a 100 percent stake in SIBIA Analytics and Consulting Services Private Limited, the company said in a filing to stock exchanges on Saturday (Oct 15).
After takeover, Adani Group announces infusion of Rs 20,000 cr in Ambuja Cements
Sep 18, 2022, at 02:13 am
Mumbai: The Adani Group completed the acquisition of Ambuja Cement and its listed subsidiary ACC on Friday, becoming India's largest conglomerate by market capitalisation and also announced a record preferential issue of stocks.
Gautam Adani becomes second richest man in world
Sep 17, 2022, at 08:27 pm
New Delhi/UNI: With a surge in his wealth, Adani Group Chairman Gautam Adani has become the second richest man in the world beating France's Bernard Arnault AND Family, according to the Forbes real-time billionaires list.
India, US need to resolve issues relating to strategic areas to cooperate, says Gautam Adani
Sep 08, 2022, at 05:32 am
New Delhi: The existing $150 billion India-US trade is “no more than a speck in the ocean” given that the combined value of the GDP of the two nations in 2050 is expected to be a staggering USD 70 trillion dollars or 35-40 percent of the global economy, billionaire businessman Gautam Adani Wednesday said.
Adani to set up 3 gigafactories in India as part of a $70 billion investment in clean energy by 2030
Sep 08, 2022, at 04:47 am
Asia's richest man Gautam Adani has said his conglomerate will set up three gigafactories to manufacture renewable energy equipment, including solar panels, wind turbines, and hydrogen electrolyzers.
Why power surplus Bangladesh wants to buy electricity from Adani
Sep 07, 2022, at 06:49 pm
New Delhi: In his meeting with Prime Minister of Bangladesh Sheikh Hasina, Adani Group chairman Gautam Adani said his company is committed to commissioning the 1600 MW Godda Power Project and dedicated transmission line to Bangladesh by the end of this year.
Adani Group allays concerns about being overleveraged, says loans from PSBs halved
Sep 07, 2022, at 06:47 am
Gautam Adani-led Adani Group has responded to concerns about it being overleveraged citing an improved net debt to operating profit ratio and more than halving of loans from public sector banks, media reports said.
Adani Group's media arm set to acquire majority stake in NDTV
Aug 24, 2022, at 06:07 am
Mumbai: Gautam Adani-led Adani group's media arm Tuesday announced that it would buy a 29.18 percent stake in New Delhi Television Ltd (NDTV), and make an open offer to acquire another 26 percent of the shares in the company, media reports said.
Adani Properties raised Rs 800 cr from Credit Suisse to finance expansion plans: Report
Aug 09, 2022, at 10:50 pm
Adani Properties Pvt Ltd (APPL) has raised Rs 800 crore from Credit Suisse to finance its expansion plans, media reports said.
Adani Group forays into industrial 5G space
Aug 03, 2022, at 02:53 am
Ahmedabad: Adani Data Networks Ltd (ADNL) has acquired the right to use 400MHz of spectrum in the 26GHz millimetre wave band.
Gautam Adani ranks 4th richest on Forbes list after Bill Gates pledges $20 bn to charity
Jul 21, 2022, at 03:19 pm
With a net worth of $114 billion, Adani Group Founder and Chairman Gautam Adani now occupies the fourth spot on the Forbes list. His net worth saw a meteoric rise in 2021 and 2022 when it grew from $ 50 billion to $90 billion.
India's Adani Group wins tender for privatisation of Israel's Haifa Port
Jul 15, 2022, at 09:54 pm
Mumbai: Adani Ports has won the tender for privatisation of Israel's Haifa Port, Adani Group Chairman Gautam Adani said on Thursday.
5G Auction: Reliance Jio to bid up to Rs 60,ooo cr, Airtel up to Rs 50,000 cr, says report
Jul 14, 2022, at 06:57 pm
Reliance Jio Infocomm and Bharati Airtel are expected to bid for the 5G spectrum rights in the range of Rs 55,000-Rs 60,00 crore and Rs 45,000 to Rs 50,000 crore, respectively, in the airwave auction going to start on July 26, ET reported, citing experts and analysts.
Adani Group to join race for 5G Spectrum with Jio, Airtel
Jul 10, 2022, at 03:23 am
Mumbai: Billionaire Gautam Adani-led Adani Group will enter the race for acquiring 5G spectrum rights in India, where it will be competing with existing telecom giants -- Mukesh Ambani's Reliance Jio, Sunil Mittals' Airtel.
Gautam Adani and family pledge Rs 60,000 cr for social causes on his 60th birthday
Jun 24, 2022, at 09:06 pm
Asia's richest man and Adani Group chairman Gautam Adani and his family have pledged Rs 60,000 crore for social causes on his 60th birthday.
TotalEnergies to buy 25% stake in Adani New Industries, to focus on green hydrogen
Jun 14, 2022, at 07:39 pm
Ahmedabad/IBNS: French energy major TotalEnergies will buy a 25 percent stake in Adani New Industries Ltd (ANIL) to create the world’s largest green hydrogen ecosystem with Adani Group.
Jun 04, 2022, at 05:03 am
Lucknow: The Government of Uttar Pradesh signed a Memorandum of Understanding on the eve of the Global Investors’ Summit in Lucknow to set up South Asia’s largest integrated manufacturing facility in Uttar Pradesh Defence Industrial Corridor.
Adani Group to acquire 49 percent stake in digital news platform Quint
May 17, 2022, at 06:12 pm
Mumbai/IBNS: Indian billionaire Gautam Adani's Adani Group is set to acquire 49 percent stake in Raghav Bahl-run digital business news platform Quintillion Business Media, popularly know as The Quint, media reports said.
BGBS: Gautam Adani pledges Rs 10,000 cr investment in Bengal
Apr 21, 2022, at 03:19 am
Kolkata: The Adani Group on Wednesday promised to invest Rs 10,000 crore in West Bengal over the next decade, Gautam Adani announced on Wednesday.
Abu Dhabi-based IHC to invest $2 billion in 3 Adani companies
Apr 09, 2022, at 07:50 am
Mumbai: Abu Dhabi’s International Holding Company PJSC (IHC) will invest $2 billion as primary capital in three Adani portfolio companies.
Adani Group ready to shift coal from Australia's controversial mine
Dec 29, 2021, at 04:37 am
Melbourne/IBNS: Industrialist Gautam Adani's controversial Carmichael coal mine, which received vehement opposition from Australian climate activists for seven years, is planning to export its first coal cargo.
NDTV shares hit upper circuit for two days over Adani buyout rumour
Sep 21, 2021, at 09:00 pm
New Delhi/Mumbai/IBNS: The shares of New Delhi Television or NDTV rallied for two days from Monday over a rumour claiming the buyout of the English news channel by the Adani Group, media reports said.
Jul 09, 2021, at 07:47 pm
Recently, Adani Group Australia has been working extensively to make both its projects operational by the end of 2021. While Adani Carmichael mine is set to start the production by 2021, the rail project is also nearing completion.
India’s GDP estimated to reach 28 trillion dollars by 2050, says Gautam Adani
Dec 09, 2020, at 11:51 pm
Hyderabad/UNI: Adani Group Founder and Chairman Gautam Adani on Wednesday said India’s GDP is estimated to reach USD 28 trillion by 2050 from the current GDP and will contribute 15 per cent to the global economy.