Business

Adani Enterprises raises USD 500 million primary equity to further its growth plans

October 17, 2024 revoi editor

Ahmedabad, 17 October 2024: Adani Enterprises Limited (AEL) today said it has successfully completed the Qualified Institutional Placement(QIP) of equity shares of face value of INR 1 each of AEL (“Equity Shares”) aggregating to approximately INR 4,200 crores (USD 500 million). A total of 1,41,79,608 Equity Shares were allocated at an issue price of ₹ […]

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Business

Adani and Google announce clean energy collaboration in India

October 3, 2024 revoi editor

Ahmedabad, 3 October 2024: The Adani Group and Google announced a collaboration today that will advance the companies’ collective sustainability goals and add more clean energy to India’s grid. Through this partnership Adani will supply clean energy from a new solar-wind hybrid project located in the world’s largest renewable energy plant at Khavda, Gujarat. This […]

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Business

Indian Extractions Limited (IEL) Expands Operations, Reclassifies Share Capital, and Diversifies into Warehousing and Storage Business

September 28, 2024 revoi editor

Ahmedabad: Indian Extractions Limited (BSE: 524614 – IEL), a prominent player in the wholesale and retail trading of chemicals, dyes, pigments, intermediates, and commodities, has announced a series of strategic initiatives aimed at enhancing its business portfolio and creating value for its shareholders. Known for its manufacturing and export of solvent extraction and edible groundnut […]

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Business

Torrent Pharmaceuticals Limited refutes claims of Shelcal 500 allegedly failing CDSCO quality test

September 26, 2024 revoi editor

Ahmedabad, September 26th 2024: Recent articles have been issued in media with reference to the Central Drugs Standard Control Organization (CDSCO) East Zone, Kolkata report referring to one batch (GDXD0581) sample of Product Shelcal 500, amongst other drugs marketed by various pharmaceutical companies, allegedly being non-standard quality (NSQ). To verify the genuineness of the sample collected by […]

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Business

Ambuja becomes the world’s first cement company to join the Alliance for Industry Decarbonization

September 26, 2024 revoi editor

Ahmedabad, 26 September 2024: Ambuja Cements Limited, part of the diversified Adani Portfolio, has joined the Alliance for Industry Decarbonization (AFID)—a global alliance of companies across industries to accelerate Net Zero transition in line with the Paris Agreement. Ambuja is the first cement manufacturer in the world to become a part of AFID, a global […]

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Business

Gautam Adani discusses aircraft services partnership with Bombardier CEO

September 25, 2024 revoi editor

New Delhi, Sep 25 : Billionaire Gautam Adani met Bombardier chief executive Eric Martel to discuss partnership in aircraft services and the defence sector. Adani’s ports-to-energy conglomerate operates seven airports in the country, while Bombardier is a Canadian business jet manufacturer. https://x.com/gautam_adani/status/1838661062885020127 “Powering India’s aviation growth! Had a great discussion with @Bombardier CEO ?ric Martel […]

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Business

Adani Energy Solutions and Adani Green Energy join the Utilities for Net Zero Alliance to aid India’s decarbonization march

September 24, 2024 revoi editor

Ahmedabad, 24 September 2024: Adani Green Energy Ltd. (AGEL), India’s largest renewable energy company, and Adani Energy Solutions Ltd. (AESL), India’s largest private transmission and distribution company, both part of the globally diversified Adani portfolio, today announced that they have joined the Utilities for Net Zero Alliance (UNEZA). UNEZA is an international platform for enhancing […]

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Business

Adani Total Gas Secures Largest Global Financing in the City Gas Distribution Business

September 20, 2024 Vinayak Barot

Ahmedabad, 20 September 2024: Global lenders have provided financing to India’s leading City Gas Distribution (CGD) company, Adani Total Gas Ltd (ATGL). ATGL has entered into an overall financing framework which enables ATGL to secure future funding based on its business plan. The maiden financing of USD 375 million executed with international lenders include an […]

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Business

Torrent Power receives Letter of Intent for 1,500 MW Pumped Hydro Storage Project

September 17, 2024 Vinayak Barot

Ahmedabad, 17th September, 2024: Torrent Power Limited has emerged as a successful bidder and has received Letter of Intent (LOI) from Maharashtra State Electricity Distribution Co. Limited (MSEDCL) on 17th September 2024 for procurement of 1,500 MW/ 12,000 MWh Energy Storage Capacity from Pumped Hydro Storage Project. Detailed Letter of Award will be issued by […]

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Business

Neither the Adani Group nor any of its companies or subsidiaries have issued any press releases related to Kenya

September 16, 2024 Vinayak Barot

Spokespersons, Adani Group Said, Certain vested interests with malicious intent are circulating multiple fraudulent press releases, including one titled “Adani Group Denounces Baseless Accusations and Threats”, related to our presence in Kenya. We categorically state that neither the Adani Group nor any of its companies or subsidiaries have issued any Press Releases related to Kenya. […]

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