Business

Adani portfolio’s record profit growth, robust credit profile set stage for unrivalled green investments

February 29, 2024 Vinayak Barot

0

Ahmedabad, 29 February 2024: In line with our commitment to upholding the highest standards of transparency, we are pleased to release the Adani portfolio’s results, credit and ESG compendium. It offers insights into the quarterly and trailing twelve-month (TTM) financial performance of the portfolio, reinforcing our dedication to providing clear and detailed information to stakeholders […]

Read more

Business

PropBot: Kalpan Shah and Chintan Shah’s Venture into Sustainable Real Estate Technology

February 26, 2024 Vinayak Barot

0

In an innovative leap towards sustainability and efficiency in the real estate sector, young entrepreneurs Kalpan Shah and co-founder Chintan Shah introduce PropBot. This ground-breaking venture is more than just a business; it’s a commitment to solving industry challenges while significantly reducing the environmental impact of traditional real estate practices. Innovating for a Greener Future […]

Read more

Business

Adani Electricity Shines in National Consumer Service Ratings! Ranked No 1 amongst Mumbai Discoms

February 2, 2024 Vinayak Barot

0

Adani Electricity, the largest power distributor in Mumbai, has once again garnered an impressive ‘A’ rating in the Consumer Service Ratings for 2023, released by the Ministry of Power, Government of India. Standing tall among 62 Discoms across India, the achievement showcases Adani Electricity’s commitment to providing Reliable, Sustainable, and Customer-centric power services at competitive Tariffs. […]

Read more

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

0

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 […]

Read more

Business

Deloitte in eye of storm as SEC probes Tingo for $470 mn scam, experts call for greater oversight to protect Indian investors

January 29, 2024 Vinayak Barot

0

New Delhi,  Auditing firm Deloitte has once again been caught in the eye of the storm of regulators. Deloitte’s international audit arm certified that Nigerian firm Tingo – accused of fraud by Hindenburg – had more than $470 million in the bank. However, reports indicate that the Securities and Exchange Commission only found $50 in the […]

Read more

Business

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

January 29, 2024 Vinayak Barot

0

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 […]

Read more

Business

Gautam Adani can afford a smile about crisis year

December 16, 2023 Vinayak Barot

0

BENGALURU – Gautam Adani, one of India’s richest men, is standing tall at the end of a difficult year. Shares in the tycoon’s publicly traded companies went into freefall in January after Hindenburg Research accused his empire of stock manipulation and accounting fraud. Adani denied the allegations calling it a “calculated attack” on India, but […]

Read more

Business

The Adani Group has always conducted its business in compliance with all applicable laws and regulations

October 25, 2023 Vinayak Barot

0

Ahmedabad : With reference to the Bloomberg report on the National Financial Reporting Authority (NFRA), a spokesperson for the Adani Group said: “We strongly reject any suggestion that Adani Group and its businesses have not acted as per the regulations and accounting standards of the jurisdictions in which we operate. “The Adani Group has always conducted […]

Read more

Business

Torrent Pharma announces Q2 FY24 results, Branded markets continue to deliver strong growth

October 23, 2023 Vinayak Barot

0

Ahmedabad, October 23, 2023:   India:  India revenue at Rs 1,444 crores grew by 18%  As per AIOCD secondary market data, IPM growth for the quarter was 4%. ∙ Market outperformance was led by continued double digit growth in chronic  therapies, revival in gastro demand, traction in consumer division, and new launches. ∙ Curatio portfolio grew […]

Read more

Business

We are delighted with IHC’s decision to enhance its investment in Adani Enterprises Ltd : Adani Group

October 4, 2023 Vinayak Barot

0

Ahmedabad, 3 October 2023; We are delighted with IHC’s decision to enhance its investment in Adani Enterprises Ltd (AEL), which further validates AEL’s standing as a global leader in incubating new businesses, particularly in sustainable infrastructure, developing global aviation infrastructure and equitable energy transition. We see IHC’s increased stake as a ringing endorsement of our […]

Read more