Gautam Adani clarifies on Ambuja and ACC shares
Feb 02, 2023, at 07:15 pm
Thiruvananthapuram/UNI: Adani Group has issued a clarification on misleading news on pledge of shares of Ambuja Cement Ltd and ACC Ltd.
Despite muted response from retail investors, Adani Enterprises says FPO on track
Jan 29, 2023, at 06:51 am
Mumbai: Adani Enterprises has maintained that its Rs 20,000 crore Follow on Public Offer (FPO) is well on track despite a muted response across investor categories amid a market rout in the group’s share.
After Hindenburg Research's negative report, Gautam Adani slips 4 positions on Forbes rich list
Jan 28, 2023, at 04:26 am
Mumbai: Amid a drop in the stock prices of the companies in Adani Group, its chairman Gautam Adani slipped from 3rd to 7th position on the list of the world’s richest people, as per Forbes Realtime Billionaires.
Hindenburg Research’s report impact: Adani Enterprises FPO receives muted response on day 1
Jan 28, 2023, at 03:48 am
Mumbai/IBNS: Adani Enterprises Ltd's follow-on public offer (FPO) received a bleak response across investor categories as the total issue was subscribed just 1% on Friday, data on the BSE website showed.
Adani Enterprises raises Rs 6,000 cr from anchor investors ahead of FPO: Report
Jan 26, 2023, at 04:40 am
Mumbai: The follow-on share sale floated by Gautam Adani’s flagship, Adani Enterprises, generated considerable interest with major investors showing bidding to buy stock, media reports said.
Adani Enterprises files Rs 20,000 cr follow-on public offer
Jan 19, 2023, at 02:44 am
Mumbai: Gautam Adani led Adani Enterprises on Wednesday filed an offer letter with stock exchanges for a proposed Rs 20,000 crore follow-on public offer (FPO).
Senior executives resign from NDTV after Adani takeover: Report
Jan 14, 2023, at 05:13 am
Mumbai: New Delhi Television (NDTV) said Friday that some more of its senior executives have resigned, Reuters reported.
Gautam Adani among 3 Indian billionaires to feature in Forbes' 2022 philanthropy list
Dec 07, 2022, at 05:33 pm
New Delhi: Gautam Adani, the chairman of Adani Group, is among the three Indian billionaires to feature in Forbes' philanthropy list this year, media reports said.
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.
Adani Enterprises to raise Rs 20,000 cr through FPO
Nov 26, 2022, at 05:10 am
Ahmedabad/IBNS: Adani Enterprises on Friday approved a Rs 20,000 crore further public offering (FPO) of equity shares of the company, 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.
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-NDTV tussle intensifies over stake acquisition
Aug 26, 2022, at 09:20 pm
New Delhi/UNI: Adani Group on Friday asserted that no prior approval was needed from market regulator SEBI to acquire 29 percent stake in NDTV as stated by the media company founded and promoted by Prannoy Roy and Radhika Roy.
Gautam Adani needs SEBI go-ahead to buy stake in NDTV, says media firm
Aug 25, 2022, at 04:56 pm
New Delhi/UNI: A day after NDTV claimed that Adani Group firms had not taken its consent before moving to buy little more than 29 percent stake in the company, the news broadcaster Thursday said that its promoters Prannoy Roy and Radhika Roy are barred from buying or selling of shares or being associated with securities market.
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.
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.
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.
Adani Group acquires Holcim's stake in Ambuja Cement to become 2nd biggest producer in India
May 17, 2022, at 01:26 am
Gautam Adani-led Adani Group has acquired Holcim's stake in Ambuja Cement and its subsidiary ACC at a price tag of $10.5 billion (around Rs 81,361 crore).
Adani's Mumbai International Airport raises USD 750 mn from Apollo
May 04, 2022, at 07:48 pm
Mumbai/UNI: Billionaire Gautam Adani led Adani Enterprises on Wednesday said the Mumbai International Airport, which owns and operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA), has raised USD 750 million from Apollo-managed credit funds.
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.
Gautam Adani overtakes Mukesh Ambani to become Asia's richest person
Feb 08, 2022, at 06:24 pm
Mumbai/IBNS: Billionaire businessman Gautam Adani overtook his closest competitor in the Indian market, Mukesh Ambani, to become Asia's richest person, media reports said.
Adani Enterprises wins major coal import contract with NTPC
Jan 06, 2022, at 05:21 pm
Adani Enterprises Ltd has bagged a big contract with state-run power manufacturer NTPC to supply overseas coal as India plans to avoid a repeat of coal shortage that occurred last year due to flooding of coal mines and soaring demand, media reports said.