Adani Group works on $5-7-billion acquisition blueprint for next 6 ...
WEB1 day ago · The Adani Group is likely to be charting out an extensive acquisition blueprint, with plans to invest $5-7 billion over the next six months, according to a report by Mint.This renewed growth ...
Adani Group 46.64% stake acquisition in ITD Cementation India
WEB1 day ago · The Adani Group has emerged as the frontrunner to acquire a 46.64 per cent promoter stake in ITD Cementation India, a move that is expected to bolster the infrastructure conglomerate’s in-house civil engineering expertise, according to a report by the Economic Times.If the acquisition goes through, it will be valued at Rs 5,888.57 crore (approximately $700 million), which includes a fully ...
Adani Group set to acquire 46.64% stake in ITD Cementation …
WEB1 day ago · The Adani Group has emerged as frontrunner in the race to acquire the promoter’s 46.64% stake in ITD Cementation India to bolster its in-house civil engineering capabilities, said people aware of the matter. At current market value, a successful deal would be pegged at 5,888.57 crore ($700 million), inclusive of a fully subscribed open offer that will follow a promoter stake purchase.
Adani Group’s bid to buy Reliance Power’s plant near Mumbai
WEB3 days ago · Adani Group, India’s largest private thermal power producer, is negotiating a deal in the range of ₹ 2,400-3,000 crore to acquire the Butibori plant as it seeks to capitalise on the rising ...
$2.4 billion wiped off Adani shares after Hindenburg allegations ...
WEBBENGALURU, Aug 12 (Reuters) - Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, faced another heavy share selloff on Monday after the shortseller accused...
Adani Group - The New York Times
WEBNews about Adani Group. Commentary and archival information about Adani Group from The New York Times.
Here's what happened with Adani — and what the fallout could be ... - NPR
WEBFeb 10, 2023 · The Adani Group is one of India's largest conglomerates, and it recently lost tens of billions of dollars in market value. An American investing group called Hindenburg Research accused the...
News and Stories - Adani Group
WEBAug 23, 2023 · News and Stories | Adani Group. In the News. Adani to invest Rs 2,000 crore to build two transmission lines in Mumbai city. Aug 23, 2023. Adani group boosts investors confidence by onboarding strategic investors in Group Cos. Aug 23, 2023. Adani Group companies' net profit surges 70% Aug 23, 2023.
US Prosecutors Widen Investigation Into Adani Group, Focus on …
WEBMar 15, 2024 · US prosecutors have widened their probe of India’s Adani Group to focus on whether the company may have engaged in bribery as well as the conduct of the company’s billionaire founder ...
Latest Adani News and Stories | Adani Group
WEBLatest Updates. Adani paves way for Brighter and Greener Mumbai, attains financial closure for its USD 1 Billion Green HVDC Transmission Link. Aug 07, 2023. Read More. ACC announces another robust quarter with YoY growth in EBITDA by 77% and 105% in PAT fuelled by volume growth and operational excellence. Aug 04, 2023. Read More.