Business

Ambuja Cements delivers stellar Q3 FY24 results, Q3 operating EBITDA up 70% at Rs. 1,732 cr

January 31, 2024 Vinayak Barot

Ahmedabad, 31 January, 2024: Ambuja Cements, the cement and building materials flagship company of the diversified Adani Group, today announced robust financial results for Q3 FY’24, supported by continued operational excellence, business synergies, and cost leadership. Mr. Ajay Kapur, Whole Time Director & CEO, Ambuja Cements Limited, said, “Our performance is a reflection of our resilience […]

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Business

Adani Total Gas Q3 & 9MFY24 Results, Overall Volume up by 21% in Q3 & 13% in 9M Y-o-Y

January 30, 2024 Vinayak Barot

Ahmedabad, 30th January 2024: Adani Total Gas Ltd (“ATGL”),India’s leading City Gas Distribution company, announced today its operational and financial performance for the nine-month ended and quarter ended 31st December 2023. “With expansion of CGD infrastructure, together with ceasing opportunity in the areas of e-mobility, biomass and LNG for Transport & Mining (LTM), ATGL has […]

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Business

Adani Energy Solutions continues robust growth, Revenue at Rs 3,615 crore, up 19% YoY

January 29, 2024 Vinayak Barot

Ahmedabad, 29 January 2024: Adani Energy Solutions Limited (“AESL”), part of the globally diversified Adani portfolio and the largest private transmission and distribution company in India with a growing smart metering portfolio, today announced its financial and operational performance for the quarter ended December 31, 2023. “Our growing portfolio with newly commissioned lines, coupled with favorable […]

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Business

Adani Green Energy Ltd reports robust growth in its 9M FY24 results

January 29, 2024 Vinayak Barot

Ahmedabad, 29 January 2024: Adani Green Energy Ltd (AGEL), India’s largest and fastest growing pure-play renewable energy company, today announced financial results for the quarter and nine months ending 31 December 2023.  FINANCIAL PERFORMANCE – Q3 & 9M FY24: (Rs. in crore) Particulars Quarterly performance Nine month performance Q3 FY23 Q3 FY24 % change 9M […]

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Business

Adani Green delivers cash backed redemption plan for USD 750 million Holdco bond

January 29, 2024 Vinayak Barot

Ahmedabad, 29 January 2024: Adani Green Energy Limited (AGEL) has completed the funding for the USD 750 million 4.375 notes due 09 September 2024 (Holdco Notes) with the receipt of the funds under the preferential allotment of INR 9,350 Cr (USD 1,125 million) to the promoters of AGEL The shareholders of AGEL, approved the preferential […]

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Business

ACC reports robust quarterly performance, Q3 operating EBITDA up 139% at Rs. 905 cr

January 25, 2024 Vinayak Barot

Ahmedabad, 25 January, 2024:  ACC Limited, the most trusted legacy brand and one of India’s largest cement and building materials company of the diversified Adani Group, today announced robust Q3 FY’24 financial results on the back of a sharp growth in volume and improvement of important KPIs.  Mr. Ajay Kapur, Whole Time Director & CEO, […]

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Business

Was Hindenburg Report The Biggest Con Played on Indian Investors?

January 24, 2024 Vinayak Barot

“I am basically there to make money, I cannot and do not look at the social consequences of what I do,” -George Soros |in 2008, speaking about his role in financial collapse of Thailand, Malaysia, Indonesia, Japan and Russia Exactly a year ago, a seismic shock rocked the Indian stock market as US based short-seller […]

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Business

Adani Electricity And Adani Ports Outlook Revised To Stable From Negative; Ratings Affirmed

January 22, 2024 Vinayak Barot

S&P has affirmed the ratings of Adani Ports and Special Economic Zone Ltd. and Adani Electricity Mumbai Ltd., while revising its outlook to ‘Stable’ from ‘Negative’, due to strong business fundamentals and robust cash flows. The global rating agency said that the conclusion of most regulatory investigations into the Adani Group without evidence of wrongdoing […]

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Business

Government of Maharashtra signs MoU with Adani Group to set up hyperscale data center infrastructure on investment of Rs 50,000 crore

January 17, 2024 Vinayak Barot

Davos, 17 January 2024: Adani Enterprises Limited, the flagship company of the Adani Group, one of the world’s largest infrastructure conglomerates, and the Government of Maharashtra today signed a memorandum of understanding (MoU) to set up 1 GW hyperscale data infrastructure in the state at an investment of Rs 50,000 crore, over the next 10 […]

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Business

Govt of Telangana Signs 4 MoUs with the Adani Portfolio of Companies for over Rs 12,400 cr at WEF, Davos

January 17, 2024 Vinayak Barot

Davos, 17 January 2024: The Adani portfolio of companies, one of the world’s largest infrastructure conglomerates, and the Government of Telangana today signed four memorandums of understanding (MoU) for investment of over Rs 12,400 crore, at the World Economic Forum 2024. These were signed in the presence of the Chief Minister of Telangana, Mr. Revanth […]

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