adani group – Page 21

Business

Dharavi NGOs support redevelopment survey, say opposition only by non-locals

September 1, 2024 Vinayak Barot

Mumbai: Several non-government organisations working in Dharavi have pledged their support to the ongoing state government-led survey of informal tenants in Asia’s biggest slum and accused non-locals of trying to stall redevelopment by spreading misinformation, according to letters they wrote to state government authorities. The NGOs have written to Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA), […]

Business

APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

August 30, 2024 Vinayak Barot

Ahmedabad, 30 August 2024: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to acquire 80% stake in Astro, in an all-cash deal for USD 185 million, implying an EV of USD 235 million and EV / FY25E EBITDA at 4.4x. The transaction is expected […]

Business

Adani replaces Ambani to become wealthiest Indian with a networth of Rs 11.6 lakh cr

August 29, 2024 Vinayak Barot

Mumbai: Recouping the dent caused by the Hindenburg Research report, Gautam Adani’s networth shot up 95 per cent to Rs 11.6 lakh crore last year, which helped him replace Mukesh Ambani to become the richest Indian, a report said on Thursday. Reliance Industries Chairman and Managing Director Ambani’s overall networth increased by 25 per cent […]

Business

Adani Enterprises Limited Announces Maiden Public Issuance of Secured Non-Convertible Debentures

August 29, 2024 Vinayak Barot

Ahmedabad, August 29, 2024: Adani Enterprises Limited (“the Company” or “AEL”), the flagship company of the Adani Group and one of India’s largest business incubators in terms of market capitalization with a long track record of creating sustainable infrastructure businesses since 1993, has announced the launch of its maiden public issuance of secured, rated, listed […]

English

The Adani Group is also going to develop a state-of-the-art propellant production facility at Shivpuri: Mr Karan Adani

August 28, 2024 Vinayak Barot

In the Regional Industrial Conclave organized in Gwalior, Madhya Pradesh, Karan Adani, Chief Executive Officer of Adani Port and Special Economic Zone Ltd said, Honourable Chief Minister, Shri Mohan Yadav ji, Honourable Union Minister for Communications and Development of North East region Shri Jyotiraditya Scindia ji, Member of the Madhya Pradesh Legislative Assembly and Former Union Minister […]

Business

Adani to sell 3% in Ambuja Cement for $500 mn as part of holdings adjustment in group

August 22, 2024 Vinayak Barot

New Delhi, Aug 22, Adani group promoters may sell up to 3 per cent of their shares in Ambuja Cements as part of a regular adjustment of holdings they carry to keep stake across the ports-to-energy conglomerate at desired levels, sources said. Promoters will sell about 7 crore shares, or 2.84 per cent, in the […]

Business

Adani group EBITDA surges 33% in Q1, leverage at multi-year low

August 19, 2024 Vinayak Barot

New Delhi : Billionaire Gautam Adani’s ports-to-energy conglomerate saw June quarter pre-tax profit surge by 33 per cent on back of strong performance by core infrastructure business as also emerging businesses ranging from solar and wind manufacturing to airports. “EBITDA (in April-June) surged by 32.87 per cent year-on-year to reach Rs 22,570 crore, resulting in […]

Business

Adani Green Energy Ltd – 30%-40% CAGR story, available at attractive valuations – EMKAY

August 12, 2024 Vinayak Barot

Emkay has come out with an initiating coverage on Adani Green Energy Ltd, with a target price of Rs 2550—50% upside. Revenues CAGR of 35% from FY24-FY30 – Gujarat (Khavda) and Rajasthan sites (most resource-rich sites globally) will help AGEL grow its revenues at 35% CAGR, giving a clear runway of another 50 GW, plus […]

Business

The latest allegations by Hindenburg are a malicious, mischievous and manipulative selection of publicly available information: Adani Group

August 11, 2024 Vinayak Barot

Adani Group spokesperson said, The latest allegations by Hindenburg are malicious, mischievous and manipulative selections of publicly available information to arrive at pre-determined conclusions for personal profiteering with wanton disregard for facts and the law. We completely reject these allegations against the Adani Group which are a recycling of discredited claims that have been thoroughly investigated, […]

Business

AESL Raises USD 1 Billion via QIP Route, Largest in India’s Power Sector

August 5, 2024 Vinayak Barot

Ahmedabad, 5 August 2024: Adani Energy Solutions Limited (“AESL”), today said it has successfully completed its INR 8,373 crores (USD 1 billion) Qualified Institutional Placement (“QIP”), the largest in India’s power sector. This milestone underscores AESL’s prominent position as a leader in India’s energy transition solutions and highlights investors’ confidence in the country’s power sector […]

Dharavi NGOs support redevelopment survey, say opposition only by non-locals

APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

Adani replaces Ambani to become wealthiest Indian with a networth of Rs 11.6 lakh cr

Adani Enterprises Limited Announces Maiden Public Issuance of Secured Non-Convertible Debentures

The Adani Group is also going to develop a state-of-the-art propellant production facility at Shivpuri: Mr Karan Adani

Adani to sell 3% in Ambuja Cement for $500 mn as part of holdings adjustment in group

Adani group EBITDA surges 33% in Q1, leverage at multi-year low

Adani Green Energy Ltd – 30%-40% CAGR story, available at attractive valuations – EMKAY

The latest allegations by Hindenburg are a malicious, mischievous and manipulative selection of publicly available information: Adani Group

AESL Raises USD 1 Billion via QIP Route, Largest in India’s Power Sector

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