adani group – Page 24

Business

Gautam Adani meets His Majesty King Jigme Khesar Namgyel Wangchuck of Bhutan

June 17, 2024 Vinayak Barot

His Majesty King Jigme Khesar Namgyel Wangchuck of Bhutan had a meeting with Gautam Adani, a well-known industrialist of the country. Meanwhile, Gautam Adani posted on social media and said, Honoured to meet His Majesty King Jigme Khesar Namgyel Wangchuck of Bhutan. Inspired by his vision for Bhutan and the ambitious ecofriendly masterplan for Gelephu […]

Business

Gautam Adani meets Tanzania’s President

June 15, 2024 Vinayak Barot

Gauttam Adani, a well-known industrialist of the country, posted on social media and said, It was an honour to meet the charismatic President of the United Republic of Tanzania, Her Excellency @SuluhuSamia. Fascinating to hear her deep insights about the future of Africa and discuss the possibilities for forging a long-term partnership with one of […]

Business

APSEZ strengthens its ESG leadership, gains recognition for Climate initiatives

June 14, 2024 Vinayak Barot

Ahmedabad, 14 June, 2024: APSEZ has been recognized by CDP for its exceptional efforts in tackling climate change and implementing best practices across its supply chain through a robust engagement program. The award was presented at the ‘Climate Action in India: Role of Businesses & Supply Chain’ ceremony, co-hosted by the Federation of Indian Chambers […]

Business

Adani Group acquires Penna Cement at enterprise value of Rs. 10,422 crore

June 13, 2024 Vinayak Barot

Ahmedabad, 13 June 2024: Ambuja Cement, the cement and building material company of Adani Cement and part of the diversified Adani Group, today announced the signing of a binding agreement for the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise value of Rs. 10,422 crore. Ambuja will acquire 100% shares of PCIL from […]

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Adani Airports Handle Over One Million Tonnes of Cargo to Achieve 7% Growth

June 9, 2024 Vinayak Barot

Mumbai, 9 June 2024: Adani Airport Holdings Limited (AAHL) handled an impressive one million tonnes of air cargo in fiscal year 2023-2024, achieving a milestone. The achievement underscores AAHL’s robust operational capabilities and strategic growth in the aviation industry. Demonstrating solid growth, AAHL facilitated a remarkable 10,13,115 metric tonnes of cargo in FY 2023-24, capturing […]

Business

Adani Solar maintains Top Performer position in Kiwa PVEL’s PV Module Reliability Scorecard for 7th year

June 7, 2024 Vinayak Barot

Ahmedabad, 07 June, 2024: Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group, has been recognized as a Top Performer in the 10th Edition of Kiwa PVEL’s PV Module Reliability Scorecard. Kiwa PVEL is a leading independent laboratory serving the downstream solar industry. Their annual Scorecard highlights manufacturers that have produced PV […]

Business

Stronger than ever: Adani Portfolio delivers record performance

June 2, 2024 Vinayak Barot

Ahmedabad, 2 June 2024: In line with our commitment to upholding the highest standards of transparency, we are pleased to release the Adani Portfolio’s Credit and Result compendium for financial year 2023-24. These offer deep insights into the financial performance of the portfolio, reinforcing our dedication to providing clear and detailed information to stakeholders and […]

Business

Gauttam Adani wishes Pragyanandha

June 2, 2024 Vinayak Barot

Gautam Adani, chairman of the Adani group, posted on social media that, Incredible Praggnanandhaa! Beating both World No.1 Magnus Carlsen and No.2 Fabiano Caruana in classical chess at #NorwayChess is mindblowing. You’re on a roll and still just 18! Keep the tricolour flying high. https://x.com/gautam_adani/status/1797118839823441974

Business

Adani Ports signs 30-year concession to operate Container Terminal 2 at Dar es Salaam Port

May 31, 2024 Vinayak Barot

Ahmedabad/Abu Dhabi, 31 May, 2024: Adani International Ports Holdings Pte Ltd. (AIPH), a wholly owned subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ), has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port, Tanzania. Dar es Salaam Port is […]

Business

Adani Group back on expansion spree after robust growth, eyes $90 billion capex: Jefferies

May 31, 2024 Vinayak Barot

NEW DELHI: The Adani Group saw an impressive 40 per cent EBITDA growth (year-on-year) in the financial year 2023-2024 (FY24), after its market capitalisation was hit by a short-seller report in late FY23, a Jefferies report has shown. During FY24, the Adani Group’s EBITDA grew to Rs 660 billion, with more than doubling of Adani Power’s […]