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Budget 2023 proposals will put India firmly back on the FII's radar

The measures, overall, will push private capex higher at a time when the global economy is facing recessionary headwinds, says Andrew Holland

Budget 2023 proposals will put India firmly back on the FII's radar
Updated On : 07 Feb 2023 | 12:26 PM IST

Adanis commit $75 million in Borouge's $2-billion IPO, says report

Seven cornerstone investors have agreed to subscribe for $570 million worth of shares in the IPO

Adanis commit $75 million in Borouge's $2-billion IPO, says report
Updated On : 24 May 2022 | 2:28 AM IST

No tax on $6.38 bn transaction with Adani Group, says Holcim CEO

As per the deal, Adani Group will acquire Holcim's full stake in Ambuja Cement and ACC for CHF (Swiss franc) 6.4 billion (USD 6.38 billion)

No tax on $6.38 bn transaction with Adani Group, says Holcim CEO
Updated On : 17 May 2022 | 12:08 PM IST

Adani to become India's No. 2 cement maker with $10.5 billion Holcim deal

(Reuters) -Indian conglomerate Adani Group plans to buy Holcim AG's cement businesses in India for $10.5 billion, its largest-ever acquisition, to become the country's No. 2 cement manufacturer.

Adani to become India's No. 2 cement maker with $10.5 billion Holcim deal
Updated On : 16 May 2022 | 9:11 PM IST

Adani group raises $250 million debt to fund development at six airports

The group has option to raise another $200 million under the existing facility

Adani group raises $250 million debt to fund development at six airports
Updated On : 09 May 2022 | 11:44 PM IST

US Fed rate hike raises cost of funds for Ambuja Cements bidders

The acquisition is expected to cost around $10 billion (Rs 76,000 crore), including the open offers for the shareholders of both Ambuja Cements and ACC

US Fed rate hike raises cost of funds for Ambuja Cements bidders
Updated On : 09 May 2022 | 6:03 AM IST

UAE's IHC to invest $2 billion in three Adani Group's portfolio companies

International Holding Co has agreed to invest 7.3 billion dirhams ($2 billion) in three of Indian conglomerate Adani Group's portfolio companies.

UAE's IHC to invest $2 billion in three Adani Group's portfolio companies
Updated On : 08 Apr 2022 | 12:37 PM IST

Indian Oil follows billionaires Ambani, Adani in green hydrogen bet

Green hydrogen, produced from water and green electricity and considered the cleanest form of fuel, is a potential path to decarbonize heavy industries

Indian Oil follows billionaires Ambani, Adani in green hydrogen bet
Updated On : 04 Apr 2022 | 12:09 PM IST

Andhra Pradesh cancels Adani bids to supply imported coal: Report

India's southern Andhra Pradesh has cancelled bids made for two separate tenders by India's Adani Enterprises to supply imported coal as the prices quoted were too high

Andhra Pradesh cancels Adani bids to supply imported coal: Report
Updated On : 04 Apr 2022 | 1:19 AM IST

Adani Total Gas to set up 1500 EV charging stations in India

The units, located at the firm's CNG station at Maninagar in Ahmedabad, will enable quick turnaround time for EV owners using digital platforms

Adani Total Gas to set up 1500 EV charging stations in India
Updated On : 27 Mar 2022 | 9:24 PM IST

Adani Total Gas forays into electric mobility infrastructure sector

Adani Total Gas Ltd, a joint venture of Adani group and TotalEnergies SE, has forayed into electric mobility infrastructure sector by launching its first EV charging station in Ahmedabad

Adani Total Gas forays into electric mobility infrastructure sector
Updated On : 27 Mar 2022 | 3:14 PM IST

Adani, KKR, Piramal among 14 prominent bidders for Reliance Capital

Adani Finserve, KKR, Piramal Finance and Poonawala Finance are among 14 prominent firms that have expressed interest to acquire Reliance Capital Ltd, promoted by Anil Ambani Group, sources said

Adani, KKR, Piramal among 14 prominent bidders for Reliance Capital
Updated On : 13 Mar 2022 | 3:55 PM IST

Adani Total Gas wins 14 out of 52 city gas licences, Indian Oil Corp 8

Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) won 13 GAs

Adani Total Gas wins 14 out of 52 city gas licences, Indian Oil Corp 8
Updated On : 29 Jan 2022 | 2:10 AM IST

Adani to invest Rs 4,600 crore in two data centre projects in Uttar Pradesh

UP has so far garnered investment of nearly Rs 18,000 crore in the high technology landscape of data centres, a minister said

Adani to invest Rs 4,600 crore in two data centre projects in Uttar Pradesh
Updated On : 24 Jan 2022 | 1:14 AM IST

Street signs: Adani Wilmar GMP at 40%, Asia's big IPO flops, and more

Through the IPO, Adani Wilmar is raising Rs 3,600 crore in fresh capital

Street signs: Adani Wilmar GMP at 40%, Asia's big IPO flops, and more
Updated On : 23 Jan 2022 | 11:14 PM IST

Sensex snaps 3-day rally, ends 191pts lower; Data Patterns up 28% on debut

Energy, auto, healthcare and banking shares were the major losers, while IT shares managed to buck the trend.

Sensex snaps 3-day rally, ends 191pts lower; Data Patterns up 28% on debut
Updated On : 24 Dec 2021 | 3:49 PM IST

Corporate sustainability: Adani firms score above average points in survey

Adani Green Energy and Adani Transmission have scored 66 points and 63 points, respectively, in the corporate sustainability assessment (CSA) survey 2021 conducted by DJSI-S&P Global, which is higher than the average world electric utility sector score of 38 points. "Adani Green Energy Ltd (AGEL), the world's largest solar power developer, scored 66 points in the corporate sustainability assessment (CSA) survey 2021 conducted by DJSI - S&P Global. This is significantly higher than the average world electric utility sector score of 38," the company said in a statement. Adani Transmission Ltd (ATL) in its statement said it has scored 63 points in the 2021 corporate sustainability assessment (CSA) survey conducted by DJSI-S&P Global. "This is significantly higher than the average world electric utility sector score of 38," it added. AGEL Chief Sustainability Officer Santosh Kumar Singh said, "This achievement is a manifestation of the Adani vision to steer India towards a ...

Corporate sustainability: Adani firms score above average points in survey
Updated On : 17 Nov 2021 | 5:24 PM IST

Two 'A's plus… Could concentrated corporate dominance fade away in India?

It's hard to say because of the winner-take-all nature of new platform and network businesses, but Reliance has not been an efficient user of capital, and Adani numbers are varied, writes T N Ninan

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Updated On : 23 Oct 2021 | 12:04 AM IST

Guwahati airport handed over to Adani Group for operations, management

The Lokpriya Gopinath Bordoloi International Airport in Guwahati was handed over to the Adani Group for operations, management and development responsibilities on Friday.

Guwahati airport handed over to Adani Group for operations, management
Updated On : 08 Oct 2021 | 11:31 AM IST

The highs, hurdles and grey areas in Adani's green energy dreams

Despite a $20-billion investment announcement in renewable power, the group is yet to commit to a net-zero investment in coal, and analysts question its debt burden

The highs, hurdles and grey areas in Adani's green energy dreams
Updated On : 02 Oct 2021 | 6:08 AM IST