Page 12 - Adani Enterprises

Stocks to Watch on Aug 29: RIL, Adani, Indiabulls Housing, SJVN, APL Apollo

Stocks to Watch today, August 29, 2023: An investigation of India's Adani group by the market regulator has uncovered violations of rules on disclosures by listed entities

Adani energy arm pursuing over $1 billion capital expenditure programme

By the financial year 2024-25 (FY25), Adani Electricity Mumbai (AEML)'s capacity is set to go up to 5000 MW

Adani Group touts enough cash, profit to service debts in coming decade

In a credit report released Thursday, the power-to-port conglomerate said its cash flow generated from business operation and balances stood at 778.9 billion rupees ($9.4 billion) by the end of March

Adani Group touts enough cash, profit to service debts in coming decade

In a credit report released Thursday, the power-to-port conglomerate said its cash flow generated from business operation and balances stood at 778.9 billion rupees ($9.4 billion) by the end of March

Nearly two dozen companies face action for lapses in listing regulations

Bourses slap penalties for lack of women directors, improper board composition

Adani Enterprises shares climb 2.2% as promoters up stake in flagship firm

This is the first transaction after the Hindenburg Research report in January that the family has increased its stake by 2.22 per cent in the company

Trading strategies for Adani group stocks amid Auditor's resignation

Barring Adani Ports and Special Economic Zone, no other group company of Adani shows a favorable trend in the present technical structure,

Adani prepared to go solo with $50 billion green hydrogen project

Earlier this year, French company Total Energies was reported to put plans to partner with the company in the venture on hold

Adani Enterprises denies reports of exiting $6 billion venture with Wilmar

Earlier this week, Bloomberg reported that Adani Enterprises is exploring selling its stake in its consumer-staple joint venture with Wilmar International

Stocks to Watch today, Aug 09: Adani Group, CIL, IRCTC, Tata Power, Siemens

Stocks to watch on August 09, 2023: Shares of Adani Enterprises and Adani Wilmar are likely to be in focus on Wednesday amid reports of stake sale in the latter company.

Adani Enterprises considering sale of 44% stake in Wilmar Venture

The conglomerate has been considering a potential sale of its 44% stake in Adani Wilmar Ltd. for a few months, the people said, asking not to be identified as the information is confidential

Adani Enterprises Q1 profit up 43.6% on the back of improved performance

Despite a sequential decrease, Adani Enterprises recorded significant Y-o-Y profit growth, attributing the success to improved performance and elevated other income

Adani Ent Q1FY24 result: Consolidated net profit up 43% to Rs 673 crore

The revenue from operations for Q1FY24 came in at Rs 25,438.45 crore, compared to Rs 40,844.25 crore year-on-year

Adani raises $1.4 bn from stake sale in 3 firms; $9 bn raised in 4 years

Billionaire Gautam Adani has raised USD 1.38 billion (Rs 11,330 crore) through stake sale in three group companies, taking the total capital raised over four years to USD 9 billion as the conglomerate draws interest from a cross-section of investors. In a statement, the ports-to-energy conglomerate said it "is committed to raising capital to fulfill its 10-year roadmap of the transformative capital management program, which was formulated in 2016 to execute the plans for various portfolio companies." "In the most recent instance, Adani family has raised USD 1.38 billion (Rs 11,330 crore) through stake sale in the three portfolio companies - Adani Enterprises Ltd, Adani Green Energy Ltd and Adani Transmission Ltd," it said. "This ensures higher capital availability at the group level, for growth as well as near-term commitments of both debt and equity for the portfolio companies over the next 12-18 months." In addition, the three portfolio companies have also received board approval

Adani Enterprises arm raises $394 million from Barclays, Deutsche Bank

Adani New Industries, an arm of Adani Enterprises, on Thursday raised USD 394 million (Rs 3,231 crore) from Barclays PLC and Deutsche Bank AG. The proceeds will be used to secure working capital requirements of its integrated solar module manufacturing facility, Adani Enterprises Ltd said in a regulatory statement on Thursday. "Adani New Industries Limited (ANIL) ecosystem today (Thursday) raised a trade finance facility of USD 394 million from Barclays PLC and Deutsche Bank AG," it said. ANIL, a wholly-owned subsidiary of Adani Enterprises, is building an ecosystem of one of the largest integrated green hydrogen businesses, including solar modules and wind turbine manufacturing, it said. Adani Enterprises is the flagship company of the Adani Group.

Adani grp shares in focus; Adani Green, Transmission, Power rally up to 10%

Adani Green Energy (up 10% at Rs 1,089.15), Adani Total Gas (up 5% at Rs 662.45), and NDTV (up 5% at Rs 238.75) were locked in their respective upper circuit limits

Beyond Hindenburg: Gautam Adani talks up 'matrabhumi', major projects

Group confident of its governance and disclosure standards, says billionaire in address to shareholders

Gautam Adani mulls bidding for Anil Ambani's bankrupt coal plants

Ambani's Reliance Power Ltd. is also considering making an offer for the asset in an attempt to win back control of the firm, said sources

Adani-Hindenburg row: Supreme Court asks Sebi about status of probe

The Supreme Court on Tuesday adjourned the hearing on a batch of pleas on the Adani-Hindenburg row and asked the Securities and Exchange Board of India (SEBI) to circulate its response in which the capital markets regulator has given its views on the recommendations made by the apex court-appointed expert committee. Solicitor General Tushar Mehta, appearing for SEBI, told the top court they had on Monday filed their "constructive response" on the suggestions made by the expert committee in its report filed in the court. "What is the status of the investigation?" asked a bench comprising Chief Justice D Y Chandrachud and Justices P S Narasimha and Manoj Misra. Mehta said the apex court had in May granted SEBI time till August 14 to complete its probe into the allegations of stock price manipulation by the Adani group and the investigation in the matter is going on. "The expert committee have made certain recommendations. We have filed our response. It has nothing to do with the ...

Adani buys 30% in Trainman's owner Start Enterprises for Rs 3.5 cr

Adani Enterprises, the flagship firm of billionaire Gautam Adani's group, has bought a close to 30 per cent stake in Start Enterprises Pvt Ltd, which owns the online train ticket booking platform Trainman. Adani Enterprises last month announced that it has signed a pact to acquire 100 per cent of SEPL. In a stock exchange filing on Saturday, Adani Enterprises said Adani Digital Labs Pvt Ltd, a wholly-owned subsidiary of the company, has bought a 29.81 per cent stake in SEPL for Rs 3.56 crore. SEPL had a turnover of Rs 4.51 crore in 2022-23 (April 2022 to March 2023) fiscal year. While last month, Adani Enterprises had described SEPL as "an online train booking and information platform," on Saturday it described the firm as one into "e-commerce and website development." The announcement last month had led to a mini-controversy with Congress general secretary Jairam Ramesh seeking to suggest that Adani's takeover of Trainman may eventually result in the takeover of IRCTC - the India