Global bankers may profit from New Delhi's dollar crunch hh
While both would like markets to reward them for scripting India's future in renewable energy, what's ticking for them right now is all the polluting stuff in short supply
Adani Health Ventures would set up, run and administer medical and diagnostic facilities, health aids, health tech-based facilities, research centers and allied activities
This makes the Adani group one of the most indebted among India's top business groups
On a combined basis, this would be among the largest open offers in the history of India's capital markets
Billionaire Gautam Adani is buying Switzerland-based Holcim AG's cement businesses in India for $10.5 billion
Group outbids Ultratech and JSW group to enter the industry and also emerge as the country's second-largest cement manufacturer
Adani Enterprises can rally up to 14 per cent; whereas ACC, and Ambuja Cements can gain another 10 per cent each, indicate charts
Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.
The group has option to raise another $200 million under the existing facility
Adani Enterprises Ltd. established AMG Media Networks, an arm it said would be in the business of 'publishing, advertising, broadcasting, distribution of content over different types of media network'
Stocks to Watch Today: Tata Steel has announced a 46.8 per cent jump in Q4 net, and also announced a 10:1 stock split; LIC's Rs 21,000 crore IPO opens today.
Consolidated revenue up 83.66% at Rs 25,141.56 crore
Adani Group could sign an agreement to acquire a controlling stake in Ambuja Cements Ltd. from Holcim as soon as in the coming days
According to a Bloomberg report, Gautam Adani's conglomerate is in advanced talks to acquire Holcim Ltd.'s businesses in India.
Earlier this month, International Holding Co had agreed to invest $2 billion in three Adani Group companies including Adani Enterprises through the preferential allotment route
Group company Adani Wilmar currently has an edible oil plant in Haldia
Also, Adani is the biggest wealth-gainer this year with a jump of almost $41.6 billion
International Holding Company (IHC) has agreed to invest $2 billion in Adani Enterprises, Adani Transmission, and Adani Green Energy through preferential issue
International Holding Co has agreed to invest 7.3 billion dirhams ($2 billion) in three of Indian conglomerate Adani Group's portfolio companies.