Page 14 - Adani Enterprises

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

Adani Ent jumps over 5% as most groups cos settle in positive territory

Majority of the Adani Group stocks ended in the positive territory on Wednesday, with Adani Enterprises climbing over 5 per cent, after US-based boutique investment firm GQG Partners and other investors bought close to USD 1 billion of additional stakes in group companies as billionaire Gautam Adani continues to rebuild market confidence since the hit by a damning report of a US short seller. Shares of flagship firm Adani Enterprises jumped 5.34 per cent on the BSE. The stock of Adani Transmission rallied 5.93 per cent, Adani Ports climbed 5.12 per cent, Adani Total Gas (2.26 per cent), Adani Wilmar (1.83 per cent), ACC (1.31 per cent), Adani Power (0.59 per cent) and Ambuja Cements (0.07 per cent). However, Adani Green Energy shares declined 0.16 per cent and that of NDTV fell by 0.32 per cent. The investors bought 18 million shares, or 1.6 per cent, from the Adani family in group's flagship Adani Enterprises Ltd in a single block trade. In renewable energy firm Adani Green Energy

Adani Enterprises rallies 6% on report promoters sell stake via block deal

Till 10:49 am; around 23 million shares of Adani Enterprises had changed hands, as compared to an average sub 7 million shares traded over last 10 days on the NSE

Dealings in shares of at least three Adani companies under Sebi lens

Regulator probes possible breach of laws related to insider trading

Adani-EdgeConneX JV enters deal to raise $213 million for two data centres

The framework will finance two data centers with an aggregate capacity of 67 MW including one in Chennai with Phase 1 of 17 MW and another in Noida of 50 MW

Sensex falls 216 pts, Nifty holds 18,750; pvt banks, RIL, Adani Ent weigh

CLOSING BELL on June 19, 2023: The BSE Sensex whipsawed 527 points intra-day today

Not so forthcoming: Why doesn't Adani disclose potential conflicts?

A short-seller attack earlier this year on the Adani Group had focused on a different family member. New York-based Hindenburg Research had gone after tycoon Gautam Adani's older brother, Vinod

Top headlines: RBI on Rs 500 notes report, India to have 40% of workforce

Business Standard brings you the top headlines at this hour

Adani Ent likely to challenge IRCTC's monopoly in online ticket booking biz

The company in a BSE filing said that the share purchase agreement has been signed for a 100 per cent acquisition in the Stark Enterprises, which is an online train booking and information platform

Stocks to Watch today, June 8: Banks, Auto, Lemon Tree, Adani Ent, Titagarh

Stocks to Watch on June 8, 2023: Shares of banks, automobile, and real estate companies could see considerable action in Thursday's session as the Reserve Bank of India (RBI) is slated to announce its

Over half of NSE 500 stocks deliver 10x return in 20 years: Goldman Sachs

Some of the prominent Indian stocks that delivered over 10x total returns over a 5-year rolling period since 2000 include Westlife Foodworld, Bharti Airtel, Adani Total Gas, said the report

Stocks to watch: Adani Enterprises, Tata Motors, NHPC, AstraZeneca, SJVN

Stocks to watch on June 2, 2023: From Adani Enterprises to NHPC, here are top stocks to watch in Friday's trading session

Adani Enterprises scraps deal to buy Rs 3K-crore Macquarie road projects

Adani group was also planning to buy stake of IL&FS in the GRICL

Adani-Hindenburg saga: Two Mauritius firms in report were under I-T lens

In its Adani report, Hindenburg Research named five Mauritius-based companies that collectively held sizeable stakes in Adani group companies over one and a half decades

BSE, NSE put securities of Adani Enterprises under short-term ASM framework

Leading bourses BSE and NSE will put the securities of Adani Enterprises under the short-term ASM framework from Thursday. The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earning ratio. Adani Enterprises Ltd is shortlisted in short-term Additional Surveillance Measure (ASM) framework Stage-I effective from May 25, the National Stock Exchange (NSE) and the BSE said in two separate circulars on Wednesday. Under the short-term ASM, the exchanges said, "applicable rate of margin shall be 50 per cent or existing margin whichever is higher, subject to maximum rate of margin capped at 100 per cent, with effect from May 26, 2023 on all open positions as on May 25, 2023 and new positions created from May 26, 2023." In March, NSE and BSE removed Adani Enterprises from the short-term ASM framework. On Wednesday, Adani Enterprises stock tumbled 5.90 per cent on the BSE. I

Rajiv Jain's GQG Partners to invest another $1 bn in Adani group stocks

On Tuesday, GQG Partners raised their stake in the Adani conglomerate by 10% to $3.5 billion

Adani Group shares extend rally; Adani Enterprises zooms 42% in 3 days

Adani Wilmar was locked in the 10% upper circuit, while, Adani Transmission, Adani Green Energy, Adani Total Gas, and NDTV were locked in 5% upper circuit for the second straight day