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WhatsApp Image 2022-05-17 at 4.15.26 PM
Business

Adani Portfolio Companies complete INR 15,400 Cr primary equity transaction with IHC

Vinayak Barot
Ahmedabad, 17 May 2022: Abu Dhabi-based global strategic investment company, International Holding Company PJSC (IHC), announced today the completion of a INR 15,400 Crore (USD 2 billion) investment transaction in the Adani Portfolio companies, Adani Green Energy Limited (AGEL), Adani Transmission Limited (ATL) and Adani Enterprises Limited (AEL). IHC has provided capital to Adani Green […]
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Adani Solar Energy
Business

Adani Green Energy Ltd announces FY22 Results

Vinayak Barot
Ahmedabad, 4 May 2022: Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, today announced the financial results for the quarter and financial year ended March 31, 2022. The performance snapshot for the period is as follows: Operational Performance – Q4 FY22 & FY22: Particulars Annual performance Quarterly performance FY22 […]
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ADANI GROUP
Business

Adani Wilmar buys Kohinoor Brand (Rice) to strengthen its leadership in the rice and food business

Vinayak Barot
NEW DELHI : Adani Wilmar Limited (AWL), one of the largest and fastest growing packaged food FMCG companies in India offering a wide array of consumer products, today announced the acquisition of several brands including the renowned Kohinoor Brand – domestic (India region) from McCormick Switzerland GMBH for an undisclosed amount. In essence, the acquisition […]
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WhatsApp Image 2022-04-29 at 5.42.49 PM
Business

Making sports strong, people stronger: How Adani looks on-field for management lessons

Vinayak Barot
Picture this: the organization you work for has state-of-the-art gymnasiums, yoga centres, and running tracks. Moreover, it also hosts cricket leagues, football matches, marathons, kabaddi, tennis tournaments et al. Difficult to imagine, right? Kaptan Singh couldn’t picture it either. As a sports enthusiast, he graduated with a heavy heart thinking he won’t be able to […]
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Adani group
Business

Adani acquires India’s largest marine services company Ocean Sparkle

Vinayak Barot
Ahmedabad, 22 April 2022: Adani Ports and Special Economic Zone Ltd (“APSEZ”) through its subsidiary, The Adani Harbour Services Ltd (“TAHSL”), has entered into a definitive agreement for acquisition of 100% stake in Ocean Sparkle Ltd (‘OSL’), India’s leading third-party marine services provider. Key activities carried by the company include towage, pilotage, and dredging. With […]
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adani
Business

Our purchasing power parity has become the world’s third largest and our GDP has expanded 55 times: Gautam Adani

Vinayak Barot
Ahmedabad: Adani group chairman Gautam Adani said,  Thank you for inviting me to speak at this year’s edition of the India Economic Conclave. It is impressive how quickly this platform has become one of the primary forums for the conversation about India. This year’s theme around the ‘Democratic Dividend’ is a validation that we are […]
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Adani enterprise 2
Business

Adani Group achieves financial closure of Navi Mumbai International Airport project

Vinayak Barot
Mumbai:  Navi Mumbai International Airport Private Ltd (“NMIAL”), a subsidiary of Adani Enterprises Ltd (“AEL”), has achieved Financial Closure for the greenfield international airport project at Navi Mumbai, Maharashtra (“Project”, “NMIA Project”) with the execution of financing documents with the State Bank of India (SBI). The SBI has underwritten the entire debt requirement of INR […]
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